VANCOUVER, Jan. 16, 2020 /CNW/ - Crystal Lake
Mining Corporation (TSXV: CLM OTC: SIOCF FSE:
SOG-FF) ("Crystal Lake"
or the "Company") is pleased to welcome Mr. Cole Evans as the Company's CEO and a Director
effective immediately. Mr. Maurizio
Napoli who has served as the Company's interim CEO since
September 2019, will remain the
President, VP of Exploration and a Director of the Company.
Cole Evans is the Co-Founder and
President/CEO of HEG & Associates Exploration Services Inc. He
has been instrumental in building HEG from an idea into one of
Western Canada's largest
exploration service companies focused on British Columbia's Golden Triangle and
South-Central regions. Mr. Evans and his Team have been key
individuals at Crystal Lake's
Newmont Lake Project since its acquisition in Fall 2018.
Mr. Evans is also the Co-Founder and Chief Owner of Catalina
Discovery Ltd.; a private corporation focused on strategic
investments in the mining industry. Mr. Evans is the direct
owner/controller of approximately 11,200,000 common shares and
8,055,555 warrants of Crystal Lake
which he acquired in 2019 for a combined ownership of approximately
19,200,000 shares/warrants, making. him the single largest
shareholder of the Company.
Mr. Evans holds a B.Sc. (Hons) in Geology from the University of British Columbia Okanagan
specializing in applications of hyperspectral analysis and applied
geochemistry from the Charles Fipke Centre for Innovative Research.
He prides himself as being a strategical, business minded geologist
with a track record of exponential growth of his private sector
business endeavors.
Mr. Evans commented "Crystal
Lake has an exceptional land package in the heart of BC's
Golden Triangle; an area that is among the most well-endowed and
underdeveloped mineral districts in the world. I see the Newmont
Lake project as tremendously undervalued and still in its infancy
of discovery. I am very excited to have a role in forging
Crystal Lake into an exploration
powerhouse in the region, and create benefits for all shareholders,
the local community, and the province of British Columbia."
Crystal Lake would like to
thank Maurizio Napoli for his tenure
and dedication as interim CEO. Mr. Napoli has also been a key
figure in exploration at Newmont Lake as the Company's Qualified
Person.
About Crystal Lake Mining
Crystal Lake Mining is a Canadian-based junior exploration
company focused on building shareholder value through high-grade
discovery opportunities in British
Columbia and Ontario. The
Company has an option to earn a 100% interest in the Newmont Lake
Project, one of the largest land packages among juniors in the
broader Eskay region in the heart of Northwest B.C.'s Golden
Triangle.
On Behalf of the Board of Directors,
CRYSTAL LAKE MINING
CORP.
"Maurizio Napoli"
President/Director
Email: info@crystallakemining.com
www.crystallakemining.com
Forward-Looking Statement
This news release may contain certain "forward looking
statements". Forward-looking statements involve known and unknown
risks, uncertainties, assumptions and other factors that may cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Any forward-looking statement speaks only as of the
date of this news release and, except as may be required by
applicable securities laws, the Company disclaims any intent or
obligation to update any forward-looking statement, whether as a
result of new information, future events or results or otherwise.
Neither 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 or accuracy of
this release.
SOURCE Crystal Lake Mining Corporation