HALIFAX, NOVA SCOTIA – May 25, 2017 – Oceanus Resources Corporation (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Company”) reports additional assay results from the 2017 diamond drilling program on its 100% owned El Tigre Property in Sonora, Mexico. Highlights from the drilling include the following:
- Hole ET-17-133 – 67.6 meters of 1.49 g/t gold equivalent from 78.5 meters to 146.1 meters consisting of 1.24 g/t gold and 19.1 g/t silver, including 23.4 meters of 3.31 g/t gold equivalent consisting of 2.77 g/t gold and 40.5 g/t silver
- Hole ET-17-135 – 37.7 meters of 0.78 g/t gold equivalent from 71.9 meters to 109.6 meters consisting of 0.62 g/t gold and 12.4 g/t silver, including 18.8 meters of 1.16 g/t gold equivalent consisting of 0.91 g/t gold and 18.9 g/t silver; and 8.4 meters of 1.95 g/t gold equivalent from 215.3 meters to 223.7 meters consisting of 1.52 g/t gold and 32.4 g/t silver
- Hole ET-17-140 – 9.0 meters of 1.86 g/t gold equivalent from 35.0 meters to 44.0 meters consisting of 0.18 g/t gold and 125.5 g/t silver, including 1.5 meters of 9.54 g/t gold equivalent consisting of 0.43 g/t gold and 683.2 g/t silver, in a step out hole approximately 500 meters to the south of the Main Deposit past Gold Hill (see drill hole location map at Appendix B)