Oceanus Increases Land Package at El Tigre Project by 20%


HALIFAX, NOVA SCOTIA – March 26, 2018 – Oceanus Resources Corporation (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Company”) is pleased to announce that it has added 4,465 hectares to its El Tigre claim package. This represents an increase of 20% for a total land package of 26,307 hectares.

The regional mapping project that was recently carried out to the south of Gold Hill demonstrated that the El Tigre Formation continues along strike in a southeastern direction for an additional 5 kilometres to the Lluvia de Oro prospect. Tunnels exposing quartz veins with the same alterations and mineralization as observed in the existing El Tigre area and assays demonstrate significant potential for additional near-surface mineralization in this newly defined area. As a result, the Company has elected to acquire the additional land holdings.

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