UrbanGold Appoints Mathieu Stephens as Vice President of Exploration
15 1월 2019 - 10:27AM
UrbanGold Minerals Inc. ("
UrbanGold" or the
"
Company” | TSXV: UGM) is pleased to announce the
appointment of Mathieu Stephens, P. Geo to the position of Vice
President, Exploration.
Mr. Stephens is a professional geologist with
over 15 years of exploration and management experience, having
worked on numerous projects within Canada and in a wide
range of commodities. Mr. Stephens is a graduate of
the University of Quebec in Montreal and is a registered
professional geologist with the Ordre des géologues du
Québec.
Prior to joining UrbanGold, Mr. Stephens led the
exploration team at Beaufield Resources Inc prior to its successful
acquisition by Osisko Mining.
With his knowledge of Quebec’s geology, Mathieu
Stephens will be a key contributor to UrbanGold’s exploration
success and financial strength. His qualifications for the position
are:
- University of Quebec in Montreal - 1999 - B.Sc Geology
- École des Haute Études Commerciales Montreal - 2001 - Graduate
Studies in Business Management
- Canadian Securities Institute - 2005 - Canadian Securities
Course
- Canaccord Genuity - 2003 to 2008 - Manager and Business
Administration
- Beaufield Resources - 2008 to 2018 – Geologist and Vice
President Exploration
“UrbanGold is delighted to be welcoming a person
of Mathieu's calibre to the role of VP Exploration. With a Quebec
based exploration focus, Mathieu’s professional knowledge and
enthusiasm is a key to the future of UrbanGold,” said Trevor
Richardson, CEO of UrbanGold.
Update on Troilus
Prior to completing its IPO, UrbanGold undertook
a preliminary drill program on its 100% owned Troilus property in
order to test specific electromagnetic anomalies located near known
gold and base metal occurrences. The small program consisted of 4
holes totalling 471 metres. All four holes intersected disseminated
sulphides of no more than 10%, often associated with anomalous
copper and zinc assay values. A initial analysis of the results
indicates that the geophysical anomalies have been explained by the
drilling. The Corporation’s geologists will evaluate the next steps
for the property while concentrating on its material property, the
Monaco property.
Qualified Person
Claude Larouche, B.Sc. Eng., M. Sc. Geol., P.
Eng (OIQ), is the “Qualified Person” as defined by National
Instrument 43-101 who has approved the disclosure provided above in
relation to the exploration results on the Company’s Troilus
property. Mr. Larouche is independent of the Company.
About UrbanGold
UrbanGold is incorporated under the federal laws
of Canada and has its principal office in Ottawa, Ontario, Canada.
The Company is engaged in the evaluation, acquisition and
exploration of mineral properties in Canada, and its current focus
is Quebec. The Company plans to ultimately develop the properties,
bring them into production, option or lease the properties to third
parties, or sell the properties outright. The Company has not
determined whether these properties contain mineral reserves that
are economically recoverable, and the Company is considered to be
in the exploration stage.
Forward Looking Information
This press release contains "forward-looking
information” within the meaning of applicable securities laws that
is intended to be covered by the safe harbours created by those
laws. “Forward-looking information” includes statements that use
forward-looking terminology such as “may”, “will”, “expect”,
“intend”, “anticipate”, “believe”, “continue”, “potential” or the
negative thereof or other variations thereof or comparable
terminology.
Forward-looking information is not a guarantee
of future performance and is based upon a number of estimates and
assumptions of management at the date the statements are made.
Furthermore, such forward-looking information involves a variety of
known and unknown risks, uncertainties and other factors which may
cause the actual plans, intentions, activities, results,
performance or achievements of the Company to be materially
different from any future plans, intentions, activities, results,
performance or achievements expressed or implied by forward-looking
information. See “Risk Factors” in the Company’s Final Prospectus
dated December 13, 2018 filed on SEDAR at www.sedar.com for a
discussion of these risks.
The Company cautions that there can be no
assurance that forward-looking information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such information. Accordingly,
investors should not place undue reliance on forward-looking
information.
Except as required by law, the Company does not assume any
obligation to release publicly any revisions to forward-looking
information contained in this press release to reflect events or
circumstances after the date hereof.
For further information
Trevor Richardson, Chief Executive
Officertrichardson@urbangoldminerals.com
Laurie Meloche, Vice-President, Corporate
Developmentlmeloche@urbangoldminerals.com
Phone (613) 721-2919www.urbangoldminerals.com
Neither the TSX Venture Exchange, nor its
Regulation Service Provider (as that term is defined in the
policies of the TSXV), accepts responsibility for the adequacy or
accuracy of this release.
Urbangold Minerals (TSXV:UGM)
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