Oceanus Provides Update on El Tigre Project

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HALIFAX, NOVA SCOTIA – March 5, 2018 – Oceanus Resources Corporation (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Company”) announces that the regional mapping project carried out to the south of Gold Hill has demonstrated that the prospective El Tigre Formation continues along strike in a southeastern direction for an additional 5 kilometres. The Company also announces it has received an updated 3D model of the historical El Tigre Mine underground workings that incorporates assay data from 2,500 underground channel samples collected in the drifts, stopes and raises of the El Tigre, Sooy and Seitz Kelly veins.

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