Vancouver, British Columbia, March 6, 2023 /CNW/- Spanish Mountain Gold Co. (“company” again “spanish mountain gold) (TSXV: SPA) is pleased to announce the appointment of peter ma as Interim Chief Executive Officer (“CEO”);peter takes turns Larry Yau Effective immediately as CEO of Spanish Mountain Gold, working closely with management as the Company advances the Spanish Mountain Gold Project (the “Project”) into the feasibility phase; ensure a smooth transition to
Peter is currently on the board of Spanish Mountain Gold and is a professional engineer with over 30 years of Canadian and global mining experience in gold, silver, diamond and base metal projects. He is President of Avanti Kitsault Mine Ltd. british columbia, Chief Operating Officer (“COO”) of Alloycorp Mining Inc., and Group Executive of Newmont Mining Corp. Pre-Feasibility and Feasibility Projects. Most recently, he was COO of McEwen Mining Inc., responsible for all open pit and underground mining.and project Canada, Mexico, Argentina and the united states of americaHis expertise includes new mine construction and has a proven track record in mine construction, migration and operation.Most notably, under the leadership of Peter mine general manager At DeBeer’s Victor Open Pit Diamond Mine, the Victor Mine Team received Mining Magazine’s international “Mine of the Year” award. He is a former director of the Mining Association. british columbia Ontario Mining Association. He is currently Director of Golden Lake Exploration Ltd. Mah holds a Bachelor of Applied Science degree in Mining and Mineral Process Engineering and a Master of Applied Science degree with a specialization in Rock Mechanics. University of British Columbia, vancouver, canada.
“Peter is a respected and experienced miner with extensive experience in project development and operations.” Said Chris RuttanziChairman of the Board of Spanish Mountain Gold. “Peter is delighted to take on this role and lead the ongoing technical development and evaluation of Spanish Mountain Gold.is an exciting project and an addition to the permitting process already underway.”
“On behalf of myself and the Board, I would like to thank Larry for his leadership and tremendous contribution to Spanish Mountain Gold.” continuation Christopher Ruttanzi. “After joining the company in 2010 as Chief Financial Officer and being appointed CEO in 2016, Larry has led the company at a critical juncture, taking the Spanish Mountain gold project ahead of its viability. I wish him all the best in his future endeavors.”
About Spanish Mountain Gold
Spanish Mountain Gold is focused on advancing its 100% owned Spanish Mountain Gold project in the Mid-South. british columbiaThe company is simultaneously pursuing a dual objective of achieving significant project milestones of millions of ounces of mineral reserves. A 2021 pre-feasibility study indicates that the project will demonstrate a robust production profile (over 150,000 oz per annum) and profitability (AISC’s $801 1 oz) 14 year mining life. For more information about the project and company, www.sedar.com and on our website: www.spanishmountaingold.com
board of directors,
Spanish Mountain Gold Co.
Future outlook: Certain statements and information in this press release constitute “forward-looking statements” or “forward-looking information.” prediction, anticipation, belief, plan, forecast, purpose, assumption, or future event or performance (often, but not always, “expect”, “expect”, “believe”, “plan”, ” Estimate, “intend”, “goal”, “goal”, “forecast”, “purpose”, “probability”, or variations thereof, or “likely” that a particular action, event, or outcome , “could”, “could”, “could” or “could”, or negative forms of these terms and similar expressions) are historical They may be forward-looking statements or information rather than statements of fact. Our forward-looking statements and information are based on management’s assumptions, beliefs, expectations and opinions as of the date of this press release and, except as required by applicable securities laws, we undertakes no obligation to update the future. -Review statements and information if circumstances or management’s assumptions, beliefs, expectations or opinions change or if other events affecting such statements or information change. For the reasons set forth above, investors should not place undue reliance on forward-looking statements or information.
Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release.