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Oceanus Receives Preliminary Results from Airborne Survey for La Lajita Property, Mexico
/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AME...
About this update from Silver Tiger Metals, Inc.
[{"type":"text","content":"\n\n\n\n\n\n/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE\n UNITED STATES OF AMERICA/\n\n\nHALIFAX, May 17, 2013 /CNW/ - Oceanus Resources Corporation (TSXV: OCN)\n (\"Oceanus\" or the \"Company\") announces that further to its press\n release of April 18, 2013, MPX Geophysics of Markham Ontario (\"MPX\")\n has completed 605 line kilometer Helicopter Magnetometer and Gamma\n Spectrometer (\"Radiometrics\") on the La Lajita property covering over\n 3,200 hectares in Durango, Mexico.\n\n\nThe preliminary field data has revealed several areas of interest.  MPX\n is currently processing the data from the complete survey and Oceanus\n anticipates the delivery of the final maps and report by the end of\n May.\n\n\nOceanus also announces that the Board of Directors has granted stock\n options to directors, officers and consultants in respect of an\n aggregate of 1,270,000 common shares.  The exercise price of the stock\n options is $0.20 per share.  The stock options, which were granted\n under Oceanus' 2010 Stock Option Plan, expire ten years from the date\n of grant.\n\n\nDavid R. Duncan, P. Geo., a director of the Company, is the Qualified\n Person for Oceanus as defined under National Instrument 43-101.  Mr.\n Duncan has reviewed the scientific and technical information in this\n press release.\n\n\nAbout Oceanus Resources Corporation\n\n\nOceanus Resources Corporation is a well-financed gold exploration and\n development company run by a team of mining professionals with\n international experience in discovering open pit gold mines.  Oceanus\n is exploring the 3200 km2 La Lajita Property located in the Sierra\n Madre Mountains of Durango, Mexico.  Epithermal, low-sulphidation gold\n and silver mineralization associated with considerable hematite and\n silica alteration is hosted along NW-SE trending fault/breccia\n structures that have been traced over a strike length of 2 km and to\n known depths of 150 meters.  The mineralization is exposed on surface\n in numerous small scale \"gambusino\" workings and in underground\n workings at the Mina la Guadalupe deposit.\n\n\nCAUTIONARY STATEMENT:\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\n that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy ...