Minaurum Regains 100% Control of Adelita Gold-Silver-Copper

Minaurum Regains 100% Control of Adelita Gold-Silver-Copper Project 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/13 -- Minaurum
Gold Inc. ("Minaurum") (TSX VENTURE:MGG) is pleased to report that it
has regained 100% control of the 12,291-ha Adelita gold-silver-copper
project in southern Sonora, Mexico from its joint venture partner,
Ocean Park Ventures Corp. ("OCP").  
Located 6 km east of Pan American Silver Corp.'s Alamo Dorado silver
mine, Adelita hosts near-surface high-grade copper, gold and silver
skarn mineralization that continues intermittently for 4 kilometres
along the contact of the previously unrecognized Mezquital
Copper-Molybdenum Porphyry.  
The remaining results from OCP's 2012 drilling of the Cerro Grande
skarn target and initial drilling at the Mezquital porphyry will be
reported as assay reports and core are received. The results from
drilling on the property by Minaurum and OCP to date are presented in
the tables below. 
The Cerro Grande skarn zone can be traced for over 800 m on surface
and measures 4km along strike. The Cerro Grande skarn forms part of a
favorable contact zone with the Mezquital Porphyry. OCP's drilling at
Cerro Grande concentrated on a 120-m long segment of Cerro Grande and
demonstrated 300 m of down-dip continuity of mineralized skarn. The
similar but as yet un-drilled "Andalucia" skarn zone lies 2.5 km
south of Cerro Grande and has been exposed in trenches along 70 m of
strike length. Trench samples at Andalucia grade up to 4.19% copper,
9.22 g/t gold and 162 g/t silver. Andalucia is permitted and
drill-ready. Another undrilled skarn zone is the "Cerro Grande West"
target lying 200-700m west of the main Cerro Grande discovery.
Surface mineralization at Cerro Grande West has been identified over
more than a kilometer of strike, roughly parallel to the main Cerro
Grande zone and surface sampling has returned values grading up to
2.23% copper, 0.62 g/t gold and 209 g/t silver.  
"We are very pleased to recover 100% control of Adelita, which has
potential for both near-surface and readily exploitable high-grade
copper-silver-gold skarn mineralization and an adjoining
Copper-Molybdenum porphyry system," stated Darrell Rader, Minaurum
President and CEO. "The results generated by Ocean Park's
considerable investment reinforce our initial discovery of high-grade
skarn mineralization and indicates it may continue to depth and
laterally along the margins of the emerging Porphyry system. We look
forward to aggressively exploring the skarn to test for high-grade
mineralization between Cerro Grande and Andalucia and at Cerro Grande
West."  
Minaurum optioned the project to OCP in February 2011 (see Minaurum
press release dated 15 February, 2011). OCP invested over $1,500,000
in an extensive ground geophysical survey, follow-up drilling of the
Cerro Grande skarn zone, and initial drilling on the adjoining 10 km2
Mezquital Porphyry Copper target. OCP did not meet financial
obligations of the option agreement due in late 2012, resulting in
the termination of the Agreement by Minaurum.  
Highlights from Minaurum's (2010) drill program at the Cerro Grande
skarn target. (see Minaurum news release dated October 6, 2010) 


 
--------------------------------------------------------------------
                    From      To    Interval              Au      Ag
Drill Hole           (m)     (m)         (m)    Cu %     g/t     g/t
--------------------------------------------------------------------
CGDD-10-001        35.65   51.80       16.15    1.97   0.835      73
--------------------------------------------------------------------
 includes          35.65   40.98        5.33    2.34   1.123      85
--------------------------------------------------------------------
CGDD-10-002        35.57   83.21       47.64    0.98   0.462      46
--------------------------------------------------------------------
 includes          35.57   47.40       11.83    1.27   0.302      19
--------------------------------------------------------------------
 and               63.40   69.71        6.31    3.56   2.230     238
--------------------------------------------------------------------
CGDD-10-004       184.79  195.99       11.20    1.11   0.587    39.9
--------------------------------------------------------------------
 includes         184.79  186.84        2.05    1.30   1.040    32.8
--------------------------------------------------------------------
 and              189.89  182.77        2.88    2.44   1.285      97
--------------------------------------------------------------------

 
Highlights from OCP's 2012 drill program at the Cerro Grande skarn
target. (see Minaurum news releases dated May 31, 2012 and May 3,
2012) 


 
---------------------------------------------------------------------
                     From      To    Interval  Copper    Gold  Silver
Drill Hole            (m)     (m)         (m)       %     g/t     g/t
---------------------------------------------------------------------
CGDD-12-009(i)        5.6   110.8       105.2    1.03    0.43    36.3
---------------------------------------------------------------------
 including           35.1   110.8        75.7    1.42    0.59    50.0
---------------------------------------------------------------------
 including           35.1    77.0        41.9    2.21    0.93    77.5
---------------------------------------------------------------------
CGDD-12-010          97.6   131.3        33.7    0.91    0.34    46.4
---------------------------------------------------------------------
 including           98.6   120.0        21.4    1.40    0.53    72.2
---------------------------------------------------------------------
CGDD-12-011          87.4    91.8         4.5    0.73    0.03    14.4
---------------------------------------------------------------------
                    159.2   264.5       105.3    0.25    0.07     7.4
---------------------------------------------------------------------
 including          159.2   163.3         4.1    0.83    0.07    22.2
---------------------------------------------------------------------
 including          175.6   194.1        18.5    0.52    0.15    21.0
---------------------------------------------------------------------
 including          241.0   261.4        20.5    0.41    0.15     6.6
---------------------------------------------------------------------
CGDD-12-012          27.0   228.4       201.4    0.52    0.15    12.5
---------------------------------------------------------------------
                    154.4   223.7        69.3    1.28    0.36    32.6
---------------------------------------------------------------------
                    189.7   190.4         0.7    8.13    3.09   398.0
---------------------------------------------------------------------
                                                                     
(i) This hole was drilled down the dip of the mineralized trend to determine
vertical continuity.                                                        

 
Minaurum Gold is primarily focused on its projects in the Guerrero
Gold Belt, Mexico. Surface work continues at the Vuelcos del Destino,
El Porfido, and Jackie Projects. For more information, please visit
our website at www.minaurum.com and our You Tube Minaurum Video
Channel. 
Qualified Person: Mr. Stephen R Maynard, M.S., C.P.G., is a qualified
person as defined in National Instrument 43-101 and supervised the
preparation of the technical information in this release. 
ON BEHALF OF THE BOARD 
Darrell A. Rader, President and CEO 
Cautionary Note Regarding Forward Looking Statements: Certain
disclosure in this release, including statements regarding the
drilling results and geological interpretations and exploration plans
for the Adelita project constitute forward-looking information. In
making the forward-looking statements in this release, Minaurum has
applied certain factors and assumptions that are based on Minaurum' s
current beliefs as well as assumptions made by and information
currently available to Minaurum, including that drilling results will
be received as expected, that financing will be available if and when
needed on reasonable terms, that supplies, equipment, personnel,
permits and approvals required to conduct Minaurum' s planned
exploration activities will be available on reasonable terms, that
results of exploration activities will be consistent with
management's expectations and that Minaurum will not experience any
material accident, labour dispute, or failure of equipment. Although
Minaurum considers these assumptions to be reasonable based on
information currently available to it, they may prove to be
incorrect, and the forward-looking statements in this release are
subject to numerous risks, uncertainties and other factors that may
cause future results to differ materially from those expressed or
implied in such forward-looking statements. Such risk factors may
include, among others, risk that drilling results will not be
received as expected, actual results of exploration activities will
be different than anticipated, that cost of labour, equipment or
materials will increase more than expected, risk of accidents, labour
disputes and other risks generally associated with mineral
exploration and unanticipated delays in obtaining or failure to
obtain required approvals or financing. Readers are cautioned not to
place undue reliance on forward-looking statements. Minaurum does not
intend, and expressly disclaims any intention or obligation to,
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise, except as required by
law. 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. 
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release. 
Contacts:
Minaurum Gold Inc.
Sunny Pannu
Investor Relations Manager
(778) 330 0994
info@minaurum.com
www.minaurum.com
 
 
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