News Releases

Minaurum Gold Inc. ("Minaurum") is pleased to announce the results of the first five drill holes targeting a 3 km long by 1.5 km wide surface gold geochemical anomaly on its Aurena gold-skarn project in southern Mexico (See News Release dated October 19, 2010) All five holes, and four additional holes for which assays are pending intercepted significant thicknesses of sulfide-bearing prograde skarn-altered rocks. Based on these encouraging results, the program has been expanded to 6,500 m.

The holes were drilled along the access route from the fringes of the gold geochemical anomaly towards its centre. Hole AURC-11-005 was collared and drilled vertically in the surface gold anomaly. Starting at surface, it cut 29.05 m of 1.99 g/t Au, including 19.15 m of 2.60 g/t Au and 4.18 g/t Ag. The highest grade sample was 5.90 g/t Au.Mineralization is sulfide-rich with no evidence of significant surface or oxide enrichment. 

Vertical hole AURC-11-002, 275 m to the north of AURC-11-005, cut 7.66 m assaying 1.13 g/t Au from 39.50 to 47.16 m. Vertical hole AURC-11-001, 367 m to the north of AURC-11-005, drilled through a cap of altered metavolcanic rocks before entering mineralized skarned sedimentary rocks containing 1.44 g/t Au over 20.50 m from 160.50 to 181.00 m.Holes AURC 003 and 004 contained anomalous values but appear to lie across a major fault lying east of the other holes.

"Hitting gold mineralization in 3 of the first 5 holes is a very positive first step in confirming the potential of this gold-skarn system," stated Darrell Rader, President and CEO of Minaurum Gold, "The exploration team has already combined these results with our geophysical and geochemical data to generate additional high-potential targets that warrant immediate expansion of the drill program."

The holes were drilled in a 0.3 square km area within an overall exposed skarn-hornfels system of at least 7.5 square km. Geologic indicators from the drilling, such as a lack of intrusions directly associated with mineralization and high gold/silver and gold/base metal ratios, suggest that the reported drill holes may lie at the fringes of a stronger system. The strong mineralization in Hole AURC-11-001 lies immediately beneath a cap of relatively impermeable metavolcanic rocks, which largely mask the underlying mineralization. This suggests that extensive "blind" mineralization may extend under this cap to the west and north; this concept will be tested by the expanded drill program. A total of 3,430 m have been drilled to date.

Highlights from holes AURC-11-001, AURC-11-002, and AURC-11-005 include: 

Anomalous, but no significant gold values, were encountered in holes AURC-11-003 and AURC-11-004. 

Minaurum Gold is an explorer focusing on gold-dominant metals deposits in Mexico. The Company is currently advancing a portfolio of projects including the Aurena gold-skarn project. 

Qualified Person: Mr. Stephen R Maynard, M.S., C.P.G., has acted as the qualified person as defined in National Instrument 43-101 for this disclosure and supervised the preparation of the technical information in this release. 

ON BEHALF OF THE BOARD

"Darrell A. Rader"

Darrell A. Rader
President and CEO  

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

1500 - 409 Granville St. 
Vancouver, BC V6C 1T2
Telephone 778 330-0994
www.minaurum.com
info@minaurum.com

Quality Assurance/Quality Control: Preparation and assaying of drilling samples from Minaurum's Aurena project are done with strict adherence to a Quality Assurance/Quality Control (QA/QC) protocol. Core samples are sawed in half and then bagged in a secure facility near the site, and then shipped by a licensed courier to ALS Minerals' preparation facility in Guadalajara, Jalisco, Mexico. Pulps of the samples are prepared in Guadalajara, from where they are shipped to Vancouver for chemical analysis by ALS Minerals. Samples are analyzed for gold by fire assay and ICP/AES on a 50-gram charge. In addition, analyses are done for a 51-element suite using aqua regia digestion and ICP analysis.

Quality-control (QC) samples are inserted in the sample stream every 20 samples, and thus represent 5% of the total samples. QC samples include standards, blanks, and duplicate samples. Standards are pulps that have been prepared by a third-party laboratory; they have gold values that are established by an extensive analytical process in which several commercial labs (including ALS Minerals) participate. Standards test the calibration of the analytical equipment. Blanks are rock material known from prior sampling to contain less than 0.005 ppm gold; they test the sample preparation procedure for cross-sample contamination. In the case of duplicates, the sample interval is cut in half, and then quartered. The first quarter is the original sample, the second becomes the duplicate. Duplicate samples provide a test of the reproducibility of assays in the same drilled interval.

When final assays are received, QC sample results are inspected for deviation from accepted values. To date, QC sample analytical results have fallen in acceptable ranges on the Aurena project.

Forward Looking Statement: Some of the statements contained in this press release are forward-looking statements. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regarding potential mineralization, exploration results, completion of work program and studies, and future plans and objectives of the Company. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production.