HALIFAX, NOVA SCOTIA — April 18, 2013 — Oceanus Resources Corporation (TSXV: OCN) (“Oceanus” or the “Company”) is pleased to announce that it has contracted MPX Geophysics Ltd. of Markham Ontario, to conduct a helicopter-borne geophysical survey on its recently acquired La Lajita property covering over 3,200 hectares in Durango, Mexico. The La Lajita property is located in the Sierra Madre Occidental known for its numerous gold-silver mines.
The airborne survey is scheduled to commence later this month. The flight pattern takes into account the geological trend and the major structures interpreted from geological mapping and satellite imagery. A total of 521 kilometers will be flown covering an area of 32 square kilometers.
The high sensitivity aeromagnetic survey is designed to detect any major structure or underlying intrusion known to be associated with the gold mineralization in the district. The radiometrics will identify with more accuracy the zones of alteration. Argillic and silica alteration zones will be the object of a ground follow up, supported by mapping, prospecting and geochemical sampling.
Oceanus will integrate this new data with existing geological mapping and historical exploration records to generate an interpretation that will be used to direct a more focused gold exploration program. Oceanus will study the correlation between the identified structures to the known gold occurrences and alteration zones on the property.
David R. Duncan, P. Geo., a director of the Company, is the Qualified Person for Oceanus as defined under National Instrument 43-101. Mr. Duncan has reviewed the scientific and technical information in this press release.
For further information: Richard Gordon, President, Oceanus Resources Inc., T: 902 441-6700 F: 902 446-2001 Website: www.oceanusresources.ca
CAUTIONARY STATEMENT:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release includes certain “forward-looking statements”. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Oceanus, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Oceanus’s expectations are exploration risks detailed herein and from time to time in the filings made by Oceanus with securities regulators.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
