Minaurum Gold Inc. provided an update on the underground rehabilitation work at the historical Promontorio mine, located in its 100% owned Alamos silver project in Sonora, Mexico. Minaurum has successfully accessed the first 600 m of the main haulage level. Backfill material was removed and sampled returning grades ranging from anomalous to 308 g/t silver, 5.7 g/t gold, 1.57% copper, 3.91% lead and 8.19% zinc. Promontorio Rehabilitation Progress.

Access within the main haulage level has reached a short distance beyond the hoist room of the internal Balvanera shaft. The workings continue to be in good and stable condition. Backfill material continues to be removed and stockpiled outside the mine entrance for future processing.

Several samples were taken returning high-grade silver, gold, and base metals. Ongoing efforts are focused on completing the following tasks: Promontorio Underground Work. Rehabilitation.

1. prepare shafts for rehabilitation. 2. Dewater internal shafts. 3. Mobilize crews to lower levels.

Sampling. 1. Channel sample vein, foot and hanging wall. 2. Input results into 3D geological model.

3. Generate underground drill targets. A considerable amount of mineralized backfill material lies in the El Tirito workings, in part blocking access to mine workings as well as to the 50-m deep internal El Tirito shaft. Once the loose material is completely removed and stockpiled, crews will begin dewatering the El Tirito shaft.

Crews will then begin clearing and stabilizing the Balvanera area, including the dewatering of lower mine levels. Backfill and Surface Sampling. Thirty-seven samples were taken from backfill material and loose rock debris in the first 600 m of the Promontorio adit.

Assays for the samples returned significant values with 58% of the samples between 100 g/t to 308 g/t silver and 64% of the samples between 0.20 g/t to 5.74 g/t gold. As the workings are cleared, mineralized backfill will be stockpiled for future processing.