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Minaurum Gold

Publié le 16 février 2011

Options Adelita Copper Project to Ocean Park Ventures Corp.

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      Minaurum Gold Options Adelita Copper Project to Ocean Park
      Ventures Corp.

=======================================================================

Minaurum Gold Inc. ("Minaurum") is pleased to announce that it has
entered into an Option Agreement with Ocean Park Ventures Inc. ("OCP").
The Agreement grants OCP the right to acquire a 51% interest in the
Adelita Copper-Gold-Silver project located in Mexico. 



OCP is a TSX Venture listed company with a focus on copper and gold
projects in the Americas.  The OCP Agreement allows Minaurum to focus
on its gold and silver projects including the Aurena Gold Project which
is currently be drill tested. The Phase 1 program at Aurena includes
ten to fifteen holes.   Approximately 30% of the rock chip samples in
the area being drilled assayed more than 1 gram per tonne (g/t) Au; the
highest gold value was 6.46 g/t. Similarly, 30% of the soil samples
assayed greater than 0.5 g/t Au; the highest Au value in soils was 5.77
g/t Au (See Press Release dated October 19, 2010).



The Property


The Adelita Property straddles the border of Sonora and Sinaloa States
in Mexico, and lies just 6 kilometres east of Pan American Silver's
open pit Alamo Dorado silver mine.  The geologic setting of the
Property is similar to that of Alamo Dorado (proven and probable
reserves of 10 Mt of 95 g/t silver and 0.33 g/t gold) and Frontera
Copper's Piedras Verdes Porphyry Copper deposit (proven and probable
reserves of 194 Mt of 0.36% copper), located 60 kilometres to the
northwest.

Minaurum's 2010 drill program confirmed a high grade copper-gold-silver
skarn target.  Highlights include diamond drill holes CGDD-10-001,
which returned 16.15 metres of 1.97% copper, 0.84 g/t gold and 73 g/t
silver, and CGDD-10-002 which returned 47.64 metres of 0.98% copper,
0.46 g/t gold and 46 g/t silver.  The skarn mineralization occurs near
the edge of a 500 metre by 2,000 metre undrilled copper soil
geochemical anomaly.  Regional sampling and mapping of altered
intrusive rocks suggests a possible buried porphyry system over a 3
square kilometre area.



Terms of the Proposed Transaction


Pursuant to the Agreement, Minaurum will grant an option to earn a 51%
interest ("Interest") in the Property by incurring cumulative
Expenditures of US$1,425,000, OCP issuing common shares to Minaurum,
paying Minaurum the cash amounts as provided in the table below and
assuming all underlying property payments. 




Underlying share payments payable to Minera Coplau will be continued to
be made using Minaurum shares.  Minaurum will receive an identical
number of OCP shares in compensation for every share issued.



To earn an additional 14% interest (total 65% interest), OCP must spend
an additional $2,375,000 in exploration expenditures, fund and complete
a pre-feasibility study by December 15, 2015 and complete the following
share and cash payments to Minaurum;



To earn an additional 10% interest (total 75% interest) OCP must
complete and fund, prior to December 31, 2018, a feasibility study on
the Property.  OCP must also issue an additional 500,000 common shares
to Minaurum.

 



OCP will be Operator of the exploration program at Adelita.  Once the
51% or 65% Option is exercised, OCP and Minaurum will enter into a
joint venture to further develop the Property, with each party
contributing to their pro rata portion of the approved exploration
program.  If, at any time, a party's interest in the joint venture is
reduced to below ten percent, the other party may elect to acquire such
party's remaining interest for a price of $1.5 million, payable in cash
or common shares of the acquiring party.



Minaurum Gold 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. 



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
info@minaurum.com
www.minaurum.com

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.

=======================================================================
.

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 73,6 millions CA$ (52,6 millions US$, 47,3 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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