Churchill Announces Key Personnel Hires and Commencement of Fieldwork at the Taylor Brook Ni-Cu-Co Project, NL
September 20 2021 - 7:30AM
Churchill Resources Inc. (“
Churchill” or the
“
Company”) (
TSXV: CRI) is pleased
to announce that Ms. Dawn Evans-Lamswood, M.Sc., P.Geo. has joined
the Company as Senior Consultant to our Taylor Brook and Florence
Lake nickel projects. The Company has also retained Dr. Derek
Wilton, P.Geo., FGC as an independent “qualified person” for both
projects. Both of these highly experienced consultants live in St.
John’s, Newfoundland and are therefore close to the projects should
intra-provincial travel restrictions be re-introduced.
Drilling operations at Taylor Brook are slated
to commence early in October, and preparations including core shack
construction, trail clearing and line-cutting are getting underway
shortly. The Company has engaged Mercator Geological Services of
Dartmouth, NS and Quinlan Exploration Inc. of Birchy Bay, NL to
provide experienced geological field personnel and equipment for
the exploration program. An existing semi-permanent camp 20km from
the drilling area is being rented for the team and core logging and
sampling. The drilling division of Springdale Forest Resources has
been engaged to carry out the drill program.
Paul Sobie, CEO of Churchill stated, “We now
have an excellent local exploration team to work our nickel
projects with long-time Churchill manager Kevin Kivi and myself. We
are very pleased to have Dawn and Derek join our team, as both have
significant experience with Voisey’s Bay and NL nickel sulphide
projects, and of course we have the expertise of the Altius team
available to us as well. Dawn spent the majority of her career with
Inco/Vale at Voisey’s Bay and was there from just after the
discovery, and is the author of numerous papers on the mine’s
geology and mineral deposits. Derek has recently stepped down from
his Professorship at Memorial University and is a well-known expert
on the geology and mineral deposits of NL, and is familiar with
both CRI projects. Having local drillers from Springdale, local
geological support, and an optimal camp already in the area will
all help to contribute to an efficient exploration program at
Taylor Brook.”
About Churchill Resources Inc.
Churchill is managed by career mining industry
professionals and currently holds four exploration projects, namely
Taylor Brook in Newfoundland, Florence Lake in Labrador, Pelly Bay
in Nunavut and White River in Ontario. All projects are at the
evaluation stage, with known mineralized Ni-Cu-Co showings at
Taylor Brook, Florence Lake and Pelly Bay, and diamondiferous
kimberlitic intrusives at White River and Pelly Bay. The primary
focus of Churchill is on the continued exploration and development
of the Taylor Brook and Florence Lake Nickel Projects.
Further Information
For further information regarding Churchill, please contact:
Churchill
Resources Inc. |
Paul Sobie, Chief Executive Officer |
Tel. |
416.365.0930
(o) |
|
647.988.0930 (m) |
Email |
psobie@churchillresources.com |
|
|
Alec Rowlands, Corporate Consultant |
Tel. |
416.721.4732 (m) |
Email |
arowlands@churchillresources.com |
Cautionary Note Regarding Forward
Looking Information
This news release contains "forward-looking
information" and "forward-looking statements" (collectively,
"forward-looking statements") within the meaning of the applicable
Canadian securities legislation. All statements, other than
statements of historical fact, are forward-looking statements and
are based on expectations, estimates and projections as at the date
of this news release. Any statement that involves discussions with
respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions, future events or performance (often but
not always using phrases such as "expects", or "does not expect",
"is expected", "anticipates" or "does not anticipate", "plans",
“proposed”, "budget", "scheduled", "forecasts", "estimates",
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stating that certain actions, events or results "may" or "could",
"would", "might" or "will" be taken to occur or be achieved) are
not statements of historical fact and may be forward-looking
statements. In this news release, forward-looking statements relate
to, among other things, the Company’s objectives, goals and
exploration activities conducted and proposed to be conducted at
the Company’s properties; future growth potential of the Company,
including whether any proposed exploration programs at any of the
Company’s properties will be successful; exploration results; and
future exploration plans.
These forward-looking statements are based on
reasonable assumptions and estimates of management of the Company
at the time such statements were made. Actual future results may
differ materially as forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to
materially differ from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors, among other things, include: the expected
benefits to the Company relating to the exploration conducted and
proposed to be conducted at the Company’s properties; failure to
identify any additional mineral resources or significant
mineralization; the preliminary nature of metallurgical test
results; uncertainties relating to the availability and costs of
financing needed in the future, including to fund any exploration
programs on the Company’s properties; business integration risks;
fluctuations in general macroeconomic conditions; fluctuations in
securities markets; fluctuations in spot and forward prices of
gold, silver, base metals or certain other commodities;
fluctuations in currency markets (such as the Canadian dollar to
United States dollar exchange rate); change in national and local
government, legislation, taxation, controls, regulations and
political or economic developments; risks and hazards associated
with the business of mineral exploration, development and mining
(including environmental hazards, industrial accidents, unusual or
unexpected formations pressures, cave-ins and flooding); inability
to obtain adequate insurance to cover risks and hazards; the
presence of laws and regulations that may impose restrictions on
mining and mineral exploration; employee relations; relationships
with and claims by local communities and indigenous populations;
availability of increasing costs associated with mining inputs and
labour; the speculative nature of mineral exploration and
development (including the risks of obtaining necessary licenses,
permits and approvals from government authorities); the
unlikelihood that properties that are explored are ultimately
developed into producing mines; geological factors; actual results
of current and future exploration; changes in project parameters as
plans continue to be evaluated; soil sampling results being
preliminary in nature and are not conclusive evidence of the
likelihood of a mineral deposit; title to properties; ongoing
uncertainties relating to the COVID-19 pandemic; and those factors
described in the most recently filed management’s discussion and
analysis of the Company. Although the forward-looking statements
contained in this news release are based upon what management of
the Company believes, or believed at the time, to be reasonable
assumptions, the Company cannot assure shareholders that actual
results will be consistent with such forward-looking statements, as
there may be other factors that cause results not to be as
anticipated, estimated or intended. Accordingly, readers should not
place undue reliance on forward-looking statements and information.
There can be no assurance that forward-looking information, or the
material factors or assumptions used to develop such
forward-looking information, will prove to be accurate. The Company
does not undertake to release publicly any revisions for updating
any voluntary forward-looking statements, except as required by
applicable securities law.
Neither the TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this news
release.
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