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Minaurum Announces Initial Drilling at Capilla Silver Project

15.11.2011  |  The Newswire
Nov 15th, 2011 Copyright (c) 2011 Thenewswire.ca - All rights reserved.


(via Thenewswire.ca)


Minaurum Gold Inc. ("Minaurum") is pleased to announce the start of a 1,000 metre (minimum) drill program at its Capilla Silver project, located in the historic high-grade P?nuco-Copala District in Sinaloa state, Mexico. Historically, the P?nuco-Copala District produced over 100 million oz of Silver and a significant amount of Gold from laterally persistent epithermal veins. Minaurum geologists believe that the veins at Capilla are exposed at a very high level with the potential for intact high-grade silver shoots, similar to those found in outcrop 350 years ago in the more deeply eroded parts of the district.


Drilling will test the depth projection of a north-northwest striking and east-dipping quartz vein and quartz stockwork system that has been traced for more than 1,200 metres in outcrop across the Minaurum holdings. A minimum of 1,000 metres in 3-4 holes will be drilled in this first phase.


Minaurum Gold is an exploration company focusing on gold and silver dominant projects in Mexico that have "district-scale" exploration potential. In addition to the Capilla silver project, Minaurum is actively advancing seven additional gold and silver projects.


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. 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 Capilla 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 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 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 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 Capilla project.

Copyright (c) 2011 Thenewswire.ca - All rights reserved.


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