Minaurum Gold Appoints David Medilek to Board of Directors

Vancouver, June 20, 2019 - Minaurum Gold Inc., (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce that Mr. David Medilek, P.Eng., CFA, has been appointed to the Board of Directors.

Mr. Medilek is a mining professional with over 12 years of mine engineering, capital markets and M&A experience. Mr. Medilek began his career as a mining engineer with Barrick Gold Corp. in Western Australia focusing on underground mines. After his tenure at Barrick, he became a Mining Investment Banker with Cormark Securities Inc. and subsequently an Equity Research Analyst at Macquarie Group Limited. Mr. Medilek is currently the Vice President of Business Development and Investor Relations at producer K92 Mining. Mr. Medilek holds a Bachelor of Applied Science with Distinction in Mining Engineering from the University of British Columbia, a Professional Engineer designation in the Province of British Columbia, and is a CFA® charterholder*.

Minaurum also announces that Mr. David J. Baker will be stepping down as a Director of Minaurum.

Darrell Rader, President & CEO of Minaurum, stated: "We are very pleased to have David join the Board of Directors. David provides Minaurum with significant expertise in the capital markets and complements our strong technical abilities. In addition, I would like to thank David Baker for his contributions to the Board and wish him all the best in his future endeavours."

Minaurum has granted 200,000 common share stock options to Mr. Medilek. The options are exercisable at $0.45 for a period of ten years from the date of issue, and were granted pursuant to Minaurum's Stock Option Plan.

*CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) (FSE: 78M) is a Mexico-focused explorer concentrating on the high-grade Alamos Silver project in southern Sonora State. With a property portfolio encompassing multiple additional district-scale projects, Minaurum is managed by one of the strongest technical and finance teams in Mexico. Minaurum's goal is to continue its founders' legacy of creating shareholder value by making district-scale mineral discoveries and executing accretive mining transactions. For more information, please visit our website at www.minaurum.com and our YouTube Minaurum Video Channel.

ON BEHALF OF THE BOARD

"Darrell A. Rader"

Darrell A. Rader
President and CEO

For more information, please contact:

Sunny Pannu -- Investor Relations Manager
(778) 330 0994 or via email at pannu@minaurum.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward-looking information. In making the forward-looking statements in this release, Minaurum has applied certain factors and assumptions that are based on Minaurum' s current beliefs as well as assumptions made by and information currently available to Minaurum. Although Minaurum considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Minaurum does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/45772