Braveheart Resources Appoints Ian Berzins as Chief Executive Officer and Doug Porter as Chief Financial Officer
04 5월 2018 - 6:35AM
Braveheart Resources Inc. (TSX Venture:BHT) ("Braveheart" or the
"Company") is pleased to announce that it has appointed Ian Berzins
to the position of Chief Executive Officer and Doug Porter to the
position of Chief Financial Officer, replacing Alex Falconer who
has left the Company. Mr. Berzins will also join the Company's
Board of Directors. Braveheart believes that both gentlemen bring
valuable expertise to the Company’s operations as it moves forward
to explore and develop its Alpine Mine property (“the Property”)
near Nelson in southeastern British Columbia.
Mr. Berzins holds a B.Sc. in Mining Engineering from Queen’s
University in Kingston, Ontario and is a registered Professional
Engineer in Alberta and British Columbia. He has more than 35
years of experience in all facets of the mining industry including
engineering, operations, maintenance, human resources and senior
management. Most recently Mr. Berzins was Vice President and
GM at the Mount Milligan copper-gold mine in BC. He previously held
the positions of President, CEO and COO at the Rice Lake
underground gold mine in Manitoba. Mr. Berzins is a strong
advocate for First Nations and local community participation in
mineral exploration and mining. Of particular note is the fact of
his having managed three complex underground gold mines in Canada
including the Con Mine, Lupin Mine and Rice Lake Mine.
Mr. Porter has a wide range of experience in mining finance both
in Canada and internationally, including gold, minerals, coal and
oil sands. He holds a Bachelor of Commerce degree from the
University of Calgary, Alberta and is a Chartered Accountant as
well as a Chartered Business Valuator. Since 1997 Mr. Porter has
been the Managing Director of Porter Valuations Inc., a specialty
business firm providing valuations and financing consulting
services. He also holds the position of CFO for two other junior
mining companies and a privately held mineral explorer located in
Colombia. He is on the Board of Directors for the private company
and one of the public companies.
David Johnston, Chairman of the Board, stated “These men have a
wealth of experience as mine builders and operators. They are
joining Braveheart at a critical juncture in time as we unlock the
vast potential of the past producing Alpine gold mine”. Phil
Keele, President added “I look forward to working closely with Ian
and Doug and welcome their appointments as we broaden and
strengthen the depth of our management team and better prepare for
the advancement of our Alpine property".
The 2,177-hectare Property is approximately 20 km northeast of
Nelson within which is the Alpine Mine, a former operating
underground mine with a recorded production of approximately 17,000
tonnes between 1938 and 1948. This material contained approximately
11,500 oz of gold, 7,200 oz of silver, 49 tonnes of lead and 17
tonnes of zinc. The source of this information is from the
following report: "Little, H.W., (1960): Nelson map-area,
west-half, British Columbia Nelson map-area, west half, British
Columbia; Geological Survey of Canada, Memoir 308". This
excerpt was included in a report prepared for the previous owner of
the property by Bernhardt Augsten, P.Geo. a Qualified Person
under the definition of National Instrument 43-101.
Braveheart carried out a comprehensive exploration program on
the Alpine Mine property in 2017. The program included helicopter
assisted diamond drilling, road rehabilitation, prospecting,
sampling of old mine workings and dumps to corroborate technical
information from work done on the Property by previous owners. A
total of 11 holes were completed totaling close to 1,600m. The
results from the 2017 program were combined with previous
historical data and a National Instrument 43-101 Technical Report
was published outlining an Inferred Resource of 142,000 oz of gold
averaging 16.5 g/t Au using a cut-off grade of 5 g/t. The NI 43-101
resource report was announced on January 22, 2018 and the
Company filed the complete report on SEDAR on March 8,
2018.
The Company has an ambitious program for 2018
and has submitted an application for an extensive work program for
the Alpine Mine property that includes 3,500m of diamond drilling,
access road upgrades, general surface exploration and background
data collection for environmental study purposes. A Preliminary
Economic Analysis (PEA) is currently being developed with
completion anticipated early in Q3, 2018.
About Braveheart Resources
Inc.Braveheart is a Canadian based junior exploration
company focused on building shareholder wealth through aggressive
exploration in a favorable and proven mining jurisdiction - the
West Kootenays in southeast British Columbia (silver and gold).
Braveheart's shares are listed for trading on the TSX Venture
Exchange under the symbol BHT.V. Braveheart currently has
43,751,106 common shares issued and outstanding.
Qualified PersonBraveheart’s
disclosure of a technical or scientific nature in this news release
has been reviewed and approved by Mr. Jim Decker, P.Eng., a
consultant to Braveheart who serves as a qualified person under the
definition of National Instrument 43-101.
ContactPhil Keele, P.Eng,.
President and Director780-215-4044pkeele@shaw.ca
Caution Regarding Forward-Looking Information
This news release includes certain information that may
constitute "forward-looking information" under applicable Canadian
securities legislation. Forward-looking information includes, but
is not limited to, statements about strategic plans, future work
programs and objectives and expected results from such work
programs. Forward-looking information is necessarily based upon a
number of estimates and assumptions that, while considered
reasonable, are subject to known and unknown risks, (more)
uncertainties, and other factors which may cause the actual results
and future events to differ materially from those expressed or
implied by such forward-looking information and the risks
identified in the Company's continuous disclosure record. There can
be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not
place undue reliance on forward-looking information.
All forward-looking information contained in
this news release is given as of the date hereof and is based upon
the opinions and estimates of management and information available
to management as at the date hereof. The Company disclaims any
intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, except as required by law.
Neither the 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 of this news release.
Braveheart Resources (TSXV:BHT)
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