Minaurum Gold Inc. announced drill results from Guerrero Ventures Inc.'s 41,000 hectare Biricu project in the Guerrero Gold Belt in southern Mexico. Biricu shows typical Guerrero Gold Belt host rocks cut by intrusive rocks identical to those seen in Goldcorp's neighbouring Los Filos Mine and Torex Gold's nearby Media Luna deposit. It borders Minaurum's Vuelcos del Destino project to the east and south. In addition, Guerrero has informed Minaurum that the required exploration expenditures and obligations of the underlying Biricu option agreement between Alamos Gold Inc. ('Alamos') and Guerrero have been fulfilled and accepted by Alamos. Alamos is currently transferring a 100% interest in the Biricu project to Guerrero. As previously disclosed on November 4 and December 4, 2015, Minaurum loaned Guerrero funds to explore Biricu. Guerrero's 4,200-m exploration drill program tested a combination of principal target areas (Punto Rojo and Hornfels Hill), and outlying geologic and geophysical targets. Four of the 9 holes drilled (GV2015-13 through -15, and -17) intercepted significant zones of anomalous gold mineralization (>100 ppb Au). All of the anomalous holes are located in the Punto Rojo area, a 1 square km diatreme complex that is intruded by diorite-granodiorite stocks of Guerrero Gold Belt affinity. The system remains open and untested to the north and at depth to the contact of the Mezcala Formation with the underlying Morelos Formation. Surface mapping and drilling indicate this highly prospective contact zone lies at shallower depths farther north in the Punto Rojo area. Previous drill highlights include: 26.98m grading 1.07 g/t gold and 0.29 g/t silver, including a zone of 6.85m grading 2.78 g/t gold and 0.92 g/t silver; 1.68m grading 0.83 g/t gold and 3.10 g/t silver. In addition, a VTEM airborne magnetic and electromagnetic survey of 1,403 line kilometres was completed in September 2012. A follow-up airborne gradiometer magnetic survey of 2,052 line kilometers was completed in January 2015. Besides the Punto Rojo target, the Biricu Project hosts considerable potential in the southern portion of the project where intrusive rocks and unexplained geophysical anomalies remain to be tested.