Mr. Darrell Rader reports

MINAURUM SAMPLES UP TO 1205 G/T SILVER AND 3.2% COPPER ON NEWLY DISCOVERED EUROPA SUR VEIN EXTENSION

Minaurum Gold Inc. has acquired the 311-hectare Claraboya concession located in the western part of its 100-per-cent-owned Alamos silver project in Sonora, Mexico. Claraboya hosts the newly discovered southern extension of the Europa-Guadalupe vein system named "Europa Sur" and surface sampling along it returned assays ranging from anomalous up to 1,205 grams per tonne silver (Ag), 3.19 per cent copper (Cu), 1.9 per cent lead (Pb) and 1.44 per cent zinc (Zn). These values are in keeping with those intersected in hole AL17-007 on the Europa-Guadalupe vein that returned 8.25 metres of 1,760 g/t Ag (see news release dated Jan. 18, 2018). With this newly discovered extension, the Europa-Guadalupe vein now measures 2.5 kilometres in strike length and further expands the scope of Minaurum's exploration program to find extensions of all other currently identified veins.

"We are excited that mapping and sampling in the newly acquired Claraboya concession has extended the high-grade Europa-Guadalupe vein by over one km. This new zone pushes the overall footprint of the Alamos district to 10 km long by three km wide," stated Darrell Rader, president and chief executive officer of Minaurum. "We look forward to incorporating targets in this new area into our current drill program."

The Europa Sur vein zone comprises several splits and extensions of the Europa-Guadalupe vein system and includes the Europa W, Europa SW and Europa SE structures. The Europa SW and Europa SE zones lie on the steeply east- and west-dipping bounding faults of a 200 m wide down-dropped block (graben). A swarm of quartz veinlets is exposed in the middle of the down-dropped block, suggesting the possibility of mineralized veins at depth. The Europa W vein set runs parallel to the Europa SW zone and has been traced for between 100 to 200 metres.

           ROCK GEOCHEMICAL SAMPLING, EUROPA W, EUROPA SW
                     AND EUROPA SE VEIN ZONES

Type                Vein  Width (m)  Ag g/t  Au ppb   Cu %  Pb %  Zn %

Outcrop grab    Europa W                 71      24   0.54  0.39  0.32
Outcrop         Europa W                 62      73   0.60  0.49  0.34
Outcrop         Europa W        2.0     179     153   2.51  1.90  1.27
Outcrop         Europa W        0.8     479      99   3.19  0.28  0.48
Outcrop        Europa SW        1.0      22       3   0.14  0.18  0.67
Outcrop        Europa SW        0.3     155       3   0.05  0.86  0.35
Outcrop        Europa SW        0.3     115      15   0.08  0.22  0.11
Outcrop        Europa SW        1.0     220       3   0.07  0.07  0.06
Dump           Europa SW                122      46   0.27  0.43  0.53
Outcrop        Europa SE              1,205     331   0.70  1.07  1.44
Outcrop        Europa SE        0.9     128      90   0.42  0.85  1.33
Outcrop        Europa SE                183      36   0.12  0.19  0.29

The Claraboya acquisition expands Minaurum's land package to 16,445 hectares at Alamos. The concession was acquired for a total one-time payment $50,000 (U.S.).

Minaurum Gold Inc. is a Mexico-focused explorer concentrating on the high-grade Alamos silver project in southern Sonora State. With a property portfolio encompassing multiple additional district-scale projects, Minaurum is managed by one of the strongest technical and finance teams in Mexico. Minaurum's goal is to continue its founders' legacy of creating shareholder value by making district-scale mineral discoveries and executing accretive mining transactions.

Stephen R. Maynard, vice-president of exploration of Minaurum and a qualified person as defined by National Instrument 43-101, reviewed and verified the assay data, and has approved the disclosure in this news release.

Quality assurance/quality control: Preparation and assaying of drilling samples from Minaurum's Alamos 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 Hermosillo, Sonora, Mexico. ALS prepares the samples, crushing them to 70 per cent less than two millimetres, splitting off 250 grams and pulverizing the split to more than 85 per cent passing 75 microns. The resulting sample pulps are prepared in Hermosillo, and then shipped to Vancouver for chemical analysis by ALS Minerals. In Vancouver, the pulps are analyzed for gold by fire assay and ICP/AES on a 50-gram charge. In addition, analyses are done for a 48-element suite using four-acid digestion and ICP analysis. Samples with silver values greater than 100 g/t; and copper, lead or zinc values greater than 10,000 parts per million (1 per cent) are reanalyzed using four-acid digestion and atomic absorption spectrometry (AAS).

Quality control samples are inserted in the sample stream every 20 samples, and thus represent 5 per cent 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, silver and base-metal 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 Alamos project.

We seek Safe Harbor.