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Minaurum Gold

Publié le 11 mars 2011

(MGG-TSXV) names Talbot to board and Moodie CFO, drilling continues at Aurena with initial results

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Minaurum names Talbot to board and Moodie CFO

Minaurum Gold Inc (C:MGG)
Shares Issued 45,967,146
Last Close 3/10/2011 $0.78
Friday March 11 2011 - News Release

Mr. Darrell Rader reports

MINAURUM APPOINTS LAWRENCE TALBOT TO THE BOARD OF DIRECTORS, CALE MOODIE AS CFO

Minaurum Gold Inc. has appointed Lawrence Talbot to the board of directors and Cale Moodie to the position of chief financial officer.

Lawrence W. Talbot is a mining lawyer with over 24 years experience representing a wide range of clients in the mining industry, from junior and mid-size explorers and producers through to major mining companies. He has extensive experience acting for public natural resource companies and providing advice on all aspects of their businesses, including corporate finance, securities and regulatory matters, corporate governance and shareholder issues, and all aspects of corporate acquisitions, takeovers, divestitures and reorganizations. He is a director and/or officer of a number of public natural resource companies, including Cardero Resource Corp., International Tower Hill Mines Ltd., Wealth Minerals Ltd., Balmoral Resources Ltd. and Remstar Resources Ltd.

Cale Moodie previously served as the Chief Financial Officer of Underworld Resources Inc. prior to its acquisition by Kinross in 2010. He currently serves as Chief Financial Officer to Full Metal Minerals Ltd, Brixton Metals Corp. and Entourage Metals Ltd. Prior to Underworld Resources Inc., Mr. Moodie acted as Chief Financial Officer and was a Director for Sierra Geothermal Corp., which was subsequently acquired by Ram Power in 2010. Mr. Moodie worked in public practice accounting at KPMG LLP's Vancouver Industrial Markets Group for a number of years where he focused on audits of public mining and resource based companies. Mr. Moodie is a Chartered Accountant in good standing with the Canadian Institute of Chartered Accountants and the Institute of Chartered Accountants of British Columbia.

As part of these appointments, Minaurum has granted 250,000 incentive stock options under its stock option plan to directors and officers. The options are exercisable on or before March 11, 2016, at a price of $0.78 cents per share.

Minaurum also announces the resignation of Darryl Cardey as Chief Financial Officer. The Board wishes to thank Darryl for his contributions to the Company.

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

� 2011 Canjex Publishing Ltd.

Minaurum Gold

EXPLORATEUR
CODE : MGG.V
ISIN : CA60252Q1019
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Minaurum Gold est une société d’exploration minière d'or et d'argent basée au Canada.

Ses principaux projets en exploration sont ADELITA, AURENA, VUELCOS DEL DISTINO et SANTA MARTA au Mexique.

Minaurum Gold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 95,0 millions CA$ (72,3 millions US$, 65,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 12 mars 2010 à 0,95 CA$, et son plus bas niveau récent le 27 décembre 2013 à 0,03 CA$.

Minaurum Gold possède 237 482 662 actions en circulation.

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