HALIFAX, NOVA SCOTIA – September 7, 2017 – Oceanus Resources Corporation (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Corporation”) reports it has received assay results of channel samples collected from the legacy underground exploration tunnels on the unmined Protectora, Caleigh and Fundadora veins located north of the old El Tigre Mine (see Figure 1 Location Map).
In the Fundadora workings, the most significant result is from Channel ETLU-254 which returned 19.5 g/t gold equivalent consisting of 14.7 g/t gold and 359.8 g/t silver across a true width of 5.20 meters; including57.3 g/t gold equivalent consisting of 43.5 g/t gold and 1,039.5 g/t silver across a true width of 1.70 meters.
In the Caleigh workings, channel sample ETLU-242 returned 48.2 g/t gold equivalent consisting of 25.5 g/t gold and 1,704.2 g/t silver over a true width of 0.50 meters. Channel ETLU-243 returned 34.8 g/t gold equivalent consisting of 12.6 g/t gold and 1,659.4 g/t silver over a true width of 1.0 meters.
In the Protectora workings, channel sample ETLU-215 returned 5.70 g/t gold equivalent consisting of 1.59 g/t gold and 308.3 g/t silver across a true width of 1.25 meters; and channel sample ETLU-218 returned 3.94 g/t gold equivalent consisting of 2.09 g/t gold and 112.7 g/t silver across a true width of 1.50 meters.