(via Thenewswire.ca)
Minaurum Gold Inc. ("Minaurum") is pleased to announce the
beginning of a minimum 2,500-metre diamond-drilling program on its
5,800-ha Corazonada silver-zinc skarn project in Morelos State,
Mexico. The Corazonada project is an intrusion-centered skarn system
hosted by carbonate rocks identical to those of the numerous gold
deposits of the 15 Moz Guerrero Gold Belt as well as Esperanza
Resources's nearby 1 Moz Cerro Jumil Gold deposit. Drilling at
Corazonada will both test a prominent aeromagnetic anomaly in the
southwest portion of the project and follow up on strong silver and
zinc values from surface rock-chip sampling.
The surface exposure of the Corazonada skarn system flanks a
north-northwest-trending ridge of altered intrusive and carbonate
rocks about 8.5 km long and up to 3.5 km wide. Garnet and pyroxene
skarn affects both the carbonate and intrusive rocks, and has
associated zinc, lead, and silver mineralization. Surface rock chip
assays have returned up to 698 g/t Ag, 2.7% Zn and 1.9% Pb. Project
infrastructure is excellent with good road access and electricity.
Zinifex USA Ltd conducted an exploration program at Corazonada from
2007 to 2008 consisting of geologic mapping, surface sampling, a
helicopter-borne magnetic survey, and a 2000-metre core drilling
program. After Zinifex was merged with Oxiana Minerals to form OZ
Minerals, OZ dropped the project without drill testing the strongest
magnetic anomalies.
"Corazonada is a large system with similar size potential to that
of the major gold skarns of the Guerrero Gold Belt," remarked
Darrell Rader, President and CEO of Minaurum. "Cerro Jumil began
as a silver-zinc skarn prospect, but important gold values were
intersected in drilling in the West Zone, and later in surface
exploration and drilling in the southwest extension area. We believe
that the large and prominent magnetic anomaly we are targeting
represents a deeper part of the Corazonada skarn system that, in
addition to silver-zinc mineralization, may encounter gold-dominant
mineralization. "
Minaurum is also pleased to announce the launch of its new website
with informational videos on the 15 million-ounce Guerrero Gold Belt,
Mexico. The web address remains www.minaurum.com. The website has a
new, user-friendly interface providing visitors a clearer
understanding of Minaurum's exploration portfolio in Mexico.
The informational videos on the Guerrero Gold Belt are presented by
gold-skarn expert David M. Jones, a Director & Senior Geologist
for Minaurum Gold. Mr. Jones' exploration model was pivotal in the
discovery of a number of gold deposits in the Guerrero Gold Belt
including Goldcorp's 8 million-ounce Los Filos deposit.
Minaurum Gold is an aggressive exploration company focusing on gold-
and silver-dominant projects in Mexico that have district-scale
exploration potential. Including the recently completed drill program
at Capilla and the present Corazonada project, four of Minaurum's
projects will have been tested by more than 10,000 meters of drilling
by mid 2012. Drilling is currently underway on the Adelita
copper-gold project in Sonora.
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
For more information, please contact:
Sunny Pannu - Investor Relations Manager
(778) 330 0994 or via email at info@minaurum.com
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
______________________________________________________________________
_______________________
1500 - 409 Granville St.
Telephone 778 330-0994
Vancouver, BC V6C 1T2
www.minaurum.com
info@minaurum.com
Quality Assurance/Quality Control: Preparation and assaying of
drilling samples from Minaurum's projects 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 and silver 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
background values of gold and silver; 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.
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.
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