Aurelius Minerals Inc. announce its maiden Mineral Resource Estimate for the 100% owned Aureus East Gold Project, with 162,700 ounces Indicated gold and 387,600 oz Inferred Au contained in the consolidated MRE. The Company intends to build on the success of the MRE by focusing the next phases of drilling on high grade target zones in an effort to increase the resource estimate in the near term and advance the project towards a PEA. Aureus East remains open at depth and most of the drilling to date has focused on the first 500m of strike from the western limit of the deposit.

As a result, most of the deposit is underexplored at this stage. The zones identified so far appear to continue for at least 1,600m, representing a strong opportunity to follow them to the east and at depth. The Company's Aureus West deposit is located approximately 800m south of Aureus East and is interpreted to be its offset along a regional fault line.

The Aureus West Project remains open in all directions and the Company is optimistic at being able to shrink the distance between the projects by drilling and defining new limbs of mineralization. The MRE for Aureus East was completed in accordance with National Instrument 43-101 ("NI 43-101") standards for disclosure and the CIM Definition Standards for Mineral Resources and Mineral Reserves (May 2014) and has an effective date of May 20, 2022. A technical report is being prepared in accordance with NI-43-101 and will be available on the Company's website and SEDAR within 45 days of the effective date of the MRE.

The MRE includes both pit constrained and underground constrained resources. The total combined resources include an Indicated mineral resource of 0.985 million tonnes grading 5.14 grams/tonne ("g/t") Au (162.7 koz Au contained) and an Inferred mineral resource of 4.185 Mt grading 2.88 g/t Au (387.6 koz Au contained).