Lowell Copper Ltd. (TSX VENTURE:JDL) ("Lowell Copper") and Minaurum Gold Inc.
(TSX VENTURE:MGG) ("Minaurum") are pleased to announce that further to their
previously announced binding letter agreement which, among other things, granted
an option (the "Option") on Minaurum's Santa Marta VMS project in Oaxaca Mexico
(the "Project"), the parties have executed a definitive option agreement (the
"Option Agreement").


Pursuant to the Option Agreement, Lowell Copper can acquire up to a 70% interest
in the Project in exchange for funding work expenditures and delivering a
prefeasibility study. Minaurum holds an option to acquire a 100% interest in the
Project pursuant to an option agreement with the property owner.


Under the Option Agreement Minaurum will act as the operator on the Project, at
Lowell Copper's direction, through the first $2,000,000 of expenditures to be
funded by Lowell Copper.


Chairman and CEO of Lowell Copper, David Lowell commented, "We are pleased to
have signed this agreement with Minaurum and can now commence testing the
potential of the Santa Marta project. Santa Marta has a number of early
geological indicators leading us to believe it could be a significant VMS
deposit."


Santa Marta Project

The 7,310 hectare Santa Marta VMS project is located in Oaxaca State, Mexico.
Infrastructure is good with a paved highway, power lines and water nearby.
Minaurum has carried out airborne geophysics (VTEM), reconnaissance
stream-sediment sampling and geological mapping.


About Lowell Copper

Lowell Copper is a copper exploration and development focused company led by J.
David Lowell and is listed on the TSX-V.  The Company was founded to leverage
the current market conditions and build a portfolio of economic copper projects
through a combination of exploration, mergers and acquisitions by utilizing the
considerable experience and success of management and directors of the Company. 


About Minaurum 

Minaurum Gold is a gold-copper explorer focused on its Vuelcos del Destino
project in the Guerrero Gold Belt, Mexico.  For more information, please visit
Minaurum's website at www.minaurum.com and our YouTube Minaurum Video Channel
(http://www.youtube.com/user/minaurumgold). 


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACEY OR ACCURACY OF THIS RELEASE.


Forward-Looking Statements

This release contains certain "forward looking statements" and certain
"forward-looking information" as defined under applicable Canadian and U.S.
securities laws. Forward-looking statements and information can generally be
identified by the use of forward-looking terminology such as "may", "will",
"expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or
similar terminology. Forward-looking statements and information include, but are
not limited to, statements with respect to the transactions contemplated under
the Option and any proposed exploration activities and their timing and
potential mineralization. Forward-looking statements and information are based
on forecasts of future results, estimates of amounts not yet determinable and
assumptions that, while believed by management to be reasonable, are inherently
subject to significant business, economic and competitive uncertainties and
contingencies. Forward-looking statements and information are subject to various
known and unknown risks and uncertainties, many of which are beyond the ability
of Lowell Copper to control or predict, that may cause Lowell Copper's actual
results, performance or achievements may be materially different from those
expressed or implied thereby, and are developed based on assumptions about such
risks, uncertainties and other factors set out here in, including but not
limited to: risks and uncertainties related to the Option not being completed in
the event that the conditions precedent thereto are not satisfied; the inherent
risks involved in the exploration and development of mineral properties; the
uncertainties involved in interpreting exploration data; the potential for
delays in exploration or development activities; the geology, grade and
continuity of mineral deposits; the possibility that future exploration,
development or mining results will not be consistent with the either company's
expectations; accidents, equipment breakdowns, title matters, labor disputes or
other unanticipated difficulties or interruptions in operations; fluctuating
metal prices; unanticipated costs and expenses; uncertainties relating to the
availability and costs of financing needed in the future; the inherent
uncertainty of production and cost estimates and the potential for unexpected
costs and expenses, commodity price fluctuations; currency fluctuations;
regulatory restrictions, including environmental regulatory restrictions;
liability, competition, loss of key employees and other related risks and
uncertainties. Lowell Copper does not undertake an obligation to update
forward-looking information except as required by applicable law. Such
forward-looking information represents management's best judgment based on
information currently available. No forward-looking statement can be guaranteed
and actual future results may vary materially. Accordingly, readers are advised
not to place undue reliance on forward-looking statements or information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Minaurum Gold Inc.
Darrell Rader
President & CEO
(778) 330-0994
info@minaurum.com


Lowell Copper Ltd.
Marcel de Groot
President
(604) 628-1102
(604) 688-0094 (FAX)

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