HALIFAX, Oct. 18, 2017 /CNW/ - Oceanus Resources
Corporation (TSXV:OCN and OTCQB:OCNSF) ("Oceanus" or the "Company")
is pleased to announce the appointment of Ms. Tania Shaw to the position of Vice President,
Investor Relations.
Ms. Shaw has held positions in Investor Relations of increasing
responsibility in the mining sector for over twelve years. These
include positions with Detour Gold Corporation, Primero Mining
Corp. and most recently Roxgold Inc. She is a standing member of
the Canadian Investor Relations Institute and obtained her
Certified Professional Investor Relations ("CPIR") designation in
2013.
"We are delighted to welcome Tania to the Oceanus team at this
important early stage of the Company," stated Glenn Jessome, President and CEO. "Having Tania
on board will allow us to expand our reach to shareholders and the
analyst community as we educate the market on the El Tigre property, with the ultimate goal of
increasing shareholder value."
"I am excited to join this team of seasoned mine finders, and
feel that we are just beginning to scratch the surface at
El Tigre," commented Tania Shaw, Vice President, Investor Relations.
"As we communicate the Company's plans and vision to the financial
community, I am confident that we will unlock shareholder value for
current and future shareholders of the Company."
El Tigre Exploration Update
While in the process of mapping and sampling both the surface
and underground exposures of the Caleigh and Protectora veins, the
Oceanus exploration team has discovered several new veins located
approximately 150 meters north of and parallel to the Caleigh
vein. A drill rig is scheduled to arrive onsite the last week
of October and the first drill holes will be collared in the
vicinity of Hole ET-17-144 to follow-up on the high-grade gold,
silver and base metals in the Caleigh vein. Hole ET-17-144
returned 3.15 meters of 36.6 g/t gold equivalent from a depth of
88.25 meters to 91.40 meters consisting of 10.1 g/t gold and 1990.9
g/t silver. This intercept included 0.85 meters of 135.1 g/t gold
equivalent consisting of 37.2 g/t gold and 7,338.9 g/t silver, as
well as, 2.84% copper, 4.06% zinc and 1.38% lead. Hole ET-144
also returned 1107.36 g/t silver and 0.024 g/t gold over 1.5 meters
from a depth of 188.65 meters to 190.15 meters. Refer to Oceanus
press releases dated June 7 and
June 29, 2017.
Qualified Person
David R. Duncan, P. Geo., V.P.
Exploration of the Company, is the Qualified Person for Oceanus as
defined under National Instrument 43-101. Mr. Duncan has
reviewed and approved the scientific and technical information in
this press release.
About Oceanus Resources Corporation
Oceanus Resources Corporation is a gold exploration company
operating in Mexico. Oceanus is
managed by a team of mine finders with extensive experience in
exploring and developing large hydrothermal gold projects in
Mexico. Oceanus is currently drilling and exploring the El
Tigre Property in the Sierra Madre Occidental in Sonora, Mexico.
CAUTIONARY STATEMENT:
Neither 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 adequacy or
accuracy of this release.
SOURCE Oceanus Resources Corporation
