Kerr Mines Strengthens Executive Team with Appointment of VP Projects and Mine General Manager
May 30 2018 - 6:30AM
Kerr Mines Inc. (TSX:KER) (OTC:KERMF) (FRA:7AZ1)
(“Kerr” or the “Company”) is pleased to announce
the appointment of Mr. David Thomas as Vice President of Projects
and Copperstone Mine General Manager. This key addition to the Kerr
Mines executive management team is central to the Company’s core
strategy of moving into production in 2019.
Mr. Thomas is an Engineer with over 30 years’
experience in the mining industry, specifically in constructing and
moving mines into production. He has held key roles in constructing
mines such as the Kupol Mine for Bema Gold (now Kinross Gold), Fort
Knox and Kubaka mines for Kinross Gold, Kensington and Palmarejo
mines for Coeur Mining, Hope Bay for Newmont and Pogo and Red Dog
for Cominco (now Teck Resources).
In addition, on May 22 the Company also released
and filed its NI 43-101 technical report which can be found on
SEDAR and Kerr Mines Investor Information web-page.
“On the heels of the successful 2017 Exploration
Program and the positive results of the 2018 Preliminary
Feasibility Study, the addition of David to the team provides a
catalyst towards the goal of full gold production by the end of
2019,” said Martin Kostuik, President Kerr Mines. “David’s
accomplishments in the areas of engineering, procurement and
construction management in the mining industry are second to none.
David also brings an array of experience to compliment his capital
project skills including permitting, financing, mine operations and
business development.”
Please see SEDAR and
http://kerrmines.com/investors/ for recent filing of Q3 Financial
Statements and MD&A for the three and nine months ended March
31, 2018.
About Kerr Mines Inc. Kerr
Mines is a North American gold development and exploration company
currently advancing the 100% owned, fully permitted past-producing
Copperstone Mine project to production. Copperstone is a high-grade
gold project located along a detachment fault mineral belt in
mining-friendly Arizona. The project demonstrates significant
upside exploration potential within a 4,775 hectare (11,800 acres)
land package that includes a production history of over 500,000
ounces of gold.
PDF Version of 43-101 technical report
available:
http://kerrmines.com/wp-content/uploads/KerrCopperstone_PFS_43-101.pdf
For further information
contact:Claudio Ciavarella Chief Executive
Officercciavarella@kerrmines.com 416-855-9305
Cautionary Note Regarding Forward
Looking StatementsThis news release contains
forward-looking statements, including current expectations on the
timing of the commencement of production and the rate of
production, if commenced. These forward-looking statements entail
various risks and uncertainties that could cause actual results to
differ materially from those reflected in these forward-looking
statements. Such statements are based on current expectations, are
subject to a number of uncertainties and risks, and actual results
may differ materially from those contained in such statements.
These uncertainties and risks include, but are not limited to, the
strength of the Canadian economy; the price of gold; operational,
funding, and liquidity risks; the degree to which mineral resource
estimates are reflective of actual mineral resources; and the
degree to which factors which would make a mineral deposit
commercially viable are present; the risks and hazards associated
with underground operations. Risks and uncertainties about Kerr
Mines’ business are more fully discussed in the Company's
disclosure materials, including its annual information form and
MD&A, filed with the securities regulatory authorities in
Canada and available at www.sedar.com and readers are urged to read
these materials. Kerr Mines assumes no obligation to update any
forward-looking statement or to update the reasons why actual
results could differ from such statements unless required by
law.Neither TSX nor its Regulation Services Provider (as that term
is defined in the policies of the TSX) accepts responsibility for
the adequacy or accuracy of this release and no stock exchange,
securities commission or other regulatory authority has approved or
disapproved the information contained herein.