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MONTREAL, Aug. 27, 2013 /CNW Telbec/ - Greg Struble, President and CEO
of Maudore Minerals Ltd. (MAO: TSX-Venture; MAOMF: US OTC; M6L: Frankfurt Exchange) reports that its subsidiary Aurbec Mines Inc.
(Aurbec) has commenced underground drilling at the Sleeping Giant past
producing gold mine which is located some 80 km north of Amos, Quebec
in the Northern Volcanic Zone of the Abitibi Greenstone Belt.


Aurbec has signed a contract with Forages M. Rouillier Inc. of Amos,
Quebec, who will provide up to three underground diamond drills and
crews to complete 20,000m of underground diamond drilling. Two
diamond drills are currently on site.


One diamond drill will target extensions of Zones #20, #30, #8 and #3
from which 90% of historic production at Sleeping Giant was derived.
Figure 1 shows the number of historical ounces produced with
corresponding grade of gold-bearing veins at Sleeping Giant. These
veins were mined at lower gold prices and gold-bearing material left
behind on lateral extensions has very good exploration potential
(Figure 2). Vein extensions may quickly convert to areas suitable for
near-term gold production.


A second diamond drill is positioned deeper in the mine on the 975 level
and will complete a fan-shaped array of holes targeting the 16 and 785N
zones, which are two sub-parallel gold-bearing quartz vein systems that
are located some 50m from each other. Historical drilling on the 785N
zone returned 20.59 g/T Au over 1.8m in adjacent drill Hole 97-382-11.
In the lower section of the mine, underground drilling will target the
new zones with high exploration potential which may convert to areas
where medium-term gold production is possible.




Mine access rehabilitation started in mid-July to ensure shaft and main
access drifts were in a suitable condition for mining and exploration.
Mine re-entry proceeded faster and at lower cost than expected because
the mine is dry and has been well maintained. This characteristic will
also lower risk when evaluating new areas to mine at Sleeping Giant.


The company also plans to mine remnant stopes that were placed on hold
by prior operators. Gold production will offset diamond drilling costs
and provide initial production headings for miners moving from Vezza to
Sleeping Giant. Maudore (Aurbec) has not based its decision to conduct
selective mining of remnant stopes at Sleeping Giant on a feasibility
study or mineral reserves that demonstrate economic or technical
viability. The decision to start mining without these studies increases
the uncertainty of success and increases the risk of failure if mining
costs exceed revenue. Mining and unit costs from this exercise will
provide accurate detail for future reports and studies.


Maudore signed a contract with InnovExplo to review Aurbec's in-house
Mineral Resources Estimates of Sleeping Giant and prepare an
independent Technical Report compliant with Regulation 43-101. The last
published resources update from 2008 is out of date, and with Sleeping
Giant becoming the new focus of the company, a new Technical Report is
appropriate.


Qualified Person


Kevin R. Kivi, P.Geo., of KIVI Geoscience Inc., who is Maudore's Chief
Consulting Geologist, approves the technical content of this press
release.


About Maudore Minerals Ltd.


Maudore is a Quebec based junior gold company with milling operations
and more than 22 exploration projects, of which five are at an advanced
stage toward development with reported current and historical
resources. The Company's projects span some 120 kilometers, east-west,
of the underexplored Northern Volcanic Zone of the Abitibi Greenstone
Belt and cover a total area of 1570 km2 with the Sleeping Giant Processing Facility within trucking distance of
key development projects.


Cautionary Statement Regarding Forward-Looking Statements


This release and other documents filed by the Company contain
forward-looking statements. All statements that are not clearly
historical in nature or that necessarily depend on future events are
forward-looking, and the words "intend", "anticipate", "believe",
"expect", "estimate", "plan" and similar expressions are generally
intended to identify forward-looking statements. These forward-looking
statements include, without limitation, performance and achievements of
the Company, business and financing plans, business trends and future
operating revenues. These statements are inherently uncertain and
actual achievements of the Company or other future events or conditions
may differ materially from those reflected in the forward-looking
statements due to a variety of risks, uncertainties and other factors,
including, without limitation, financial related risks, unstable gold
and metal prices, operational risks including those related to title,
significant uncertainty related to inferred mineral resources,
operational hazards, unexpected geological situations, unfavourable
mining conditions, changing regulations and governmental policies,
failure to obtain required permits and approvals from government
authorities, failure to obtain any required approvals of the TSXV or
from shareholders, failure to obtain any required financing, failure to
complete any of the transactions described herein, increased
competition from other companies many of which have greater financial
resources, dependence on key personnel and environmental risks and the
other risks described in the Company's continuous disclosure documents.


Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.



SOURCE: Maudore Minerals Ltd.



For further information:

Greg Struble President and CEO Email: [email protected] +1 647 927 0239

George Fowlie Deputy Chairman of the Board and Director of Corporate Development Email: [email protected] +1 416 587 9801

Claudine Bellehumeur Chief Financial Officer Email: [email protected] +1 819 825 4343