Jan. 28, 2011 (TheNewswire.ca) --

Minaurum Gold Inc. ("Minaurum") is pleased to announce a non-brokered private placement to raise up to $5,000,000 through the sale of its common shares at a price of $0.70 per share.

The proceeds of the private placement will be used by Minaurum for its exploration programs including the ongoing drilling program at the Aurena Gold Project as well as for working capital purposes.

The private placement is subject to TSX Venture Exchange approval. Finder's fees may be payable with respect to the private placement, in accordance with Exchange policies.

Minaurum Gold is a gold and silver explorer focusing on gold-dominant metals deposits in Mexico. The Company is currently advancing a portfolio of projects including the Aurena gold-skarn project.

ON BEHALF OF THE BOARD

"Darrell A. Rader"

Darrell A. Rader

President and CEO