VANCOUVER, Aug. 02, 2018 /CNW/ - Goldplay Exploration
Ltd. (TSXV: GPLY, OTCQB: GLYXF - the "Company" or "Goldplay")
is pleased to announce the appointment of Mr. Trevor Woolfe to the newly created position of
Vice President, Corporate Development and Exploration. As Vice
President, Corporate Development and Exploration, Mr Woolfe will
identify and assess new opportunities with the potential to grow
the Company, engage in investor relations and marketing, raise the
Company profile in the investment community and enhance its
shareholders' value, as well as providing management support to
ongoing exploration activities. Mr. Woolfe will report directly to
the President and CEO of Goldplay, Mr. Marcio Fonseca.
Mr. Woolfe brings 25 years of exploration, mining and public
company management experience to the Company. He holds a Bachelor
of Science (Honours) degree, majoring in geology, from Monash
University (Australia). His
credits include positions with Australian companies CRA, Metana
Minerals NL and Newcrest Mining Limited, as well as four years with
Canadian major, Placer Dome in Chile and Brazil. He is a Member of the Australasian
Institute of Mining and Metallurgy (MAusIMM – 27 years), Australian
Institue of Geoscientists (MAIG – 4 years), a Graduate of the
Australian Institute of Company Directors (GAICD – 10 years), and
also holds a Graduate Certificate in Applied Finance and Investment
(SIA).
In the 11 years prior to his appointment to Goldplay, Mr. Woolfe
was Managing Director and CEO of Australian (ASX) listed and
unlisted companies including Oro Verde Limited, Serena Resources
Limited and Anchor Resources Limited, as well as the founder of his
independent consultancy. Most recently he led the Oro Verde Limited
exploration efforts in Nicaragua.
Mr. Woolfe is a Latin American specialist and speaks fluent Spanish
and Portuguese.
Marcio Fonseca, President
& CEO of the Company, commented: "We are delighted that
Mr. Woolfe has chosen to join Goldplay . Mr. Woolfe's broad skill
set and experience in exploration, project development, mining
operation and acquisitions with large mining companies will be
extremely valuable in the advancement of the Company's growth
strategy in Mexico.
About Goldplay Exploration Ltd.
Goldplay owns a +250 square km exploration portfolio in the
Rosario Mining District, Sinaloa,
Mexico. Goldplay is focused on exploration activities that
include drilling, currently in progress at the El Habal Project, as
well as a planned surface exploration program, drilling and
resource expansion update at the recently acquired, advanced stage
San Marcial Project.
The San Marcial Project consists of 1,250 hectares, located
south of the La Rastra and
Plomosas historical mines and 20 km from the Company's 100% owned
El Habal Project in the historic (gold-silver) Rosario Mining
District, Sinaloa, Mexico. San
Marcial is an attractive near-surface high-grade silver, zinc and
lead project with a historical National Instrument 43-101 –
Standards of Disclosure for Mineral Projects ("NI 43-101")
(1) resource with an immediate opportunity for resource
expansion.
The El Habal Project is a drilling stage project with an ongoing
core drilling program. The 1,000
m long oxidized gold mineralized zone outcrops along a
series of rolling hills with evidence of historical shallow
underground mining along an additional 5 km. The nearby historical
Rosario Au-Ag Mine reportedly
operated for 250 years. Goldplay's team has over 30 years'
experience with senior roles in exploration, financing, and
development in the mining industry, including over ten years of
extensive exploration experience in the Rosario Mining District,
leading to previous successful discoveries. A current NI 43-101
report on The El Habal Project is filed on SEDAR.
Disclaimer for Forward-Looking Information
This press release contains forward-looking statements and
information that are based on the beliefs of management and reflect
the Company's current expectations. When used in this press
release, the words "estimate", "project", "belief", "anticipate",
"intend", "expect", "plan", "predict", "may" or "should" and the
negative of these words or such variations thereon or comparable
terminology are intended to identify forward-looking statements and
information. Such statements and information reflect the current
view of the Company. Risks and uncertainties that may cause actual
results to differ materially from those contemplated in those
forward-looking statements and information. By their nature,
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements, or other future events, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. THE FORWARD-LOOKING INFORMATION CONTAINED IN
THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF
THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO
CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE
ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS
INFORMATION AS OF ANY OTHER DATE. WHILE GOLDPLAY MAY ELECT TO, IT
DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR
TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE
LAWS.
Mr. Marcio Fonseca,
P. Geo, President & CEO
Goldplay Exploration Ltd.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this press release.
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SOURCE Goldplay Exploration Ltd