VANCOUVER, BC / ACCESSWIRE / February 27, 2017 / CopperBank Resources Corp. ("CopperBank" or the "Company") (CSE: CBK) (OTC PINK: CPPKF) announces that it has appointed Brigitte Dejou as an independent director and Colin Burge has joined the company's technical advisory team.
Mr. Kovacevic comments, "I have known Brigitte and Colin for many years and have direct experience with both of them. CopperBank's technical team now comprises of ten shareholder aligned members who have a combined two hundred and fifty years of industry experience. Colin was a vital element to the team at Cobre Panama, who delineated a tremendous amount of additional pounds of copper from the time I was an investor in the early development of that project. Brigitte has a deep knowledge base that rounds out our technical team, especially due to her direct experience in Alaska, where she participated with the geological interpretation that added many years of mine life to TECK's Red Dog mine district. Both Brigitte and Colin will be great assets to CopperBank's stakeholders as we continue our thorough data analysis and plan the important next steps for the Pyramid Copper porphyry deposit, The San Diego Bay prospect and our Contact Copper Oxide Project."
Ms. Dejou holds both a Bachelor of Engineering degree and a Masters of Applied Science degree from Ecole Polytechnique de Montréal and is a member of the Ordre des Ingénieurs du Québec. Ms. Dejou has 25 years of experience in mineral exploration, including 18 years within Teck Cominco (now TECK) managing various exploration programs and two years with Osisko Mining Corporation working on the evaluation of new projects and QA/QC of existing drilling programs (Canadian Malartic, Duparquet, Hammond Reef). Ms. Dejou brings a wealth of experience in running a variety of exploration projects from grass-roots to pre-feasibility stage across North America (including Red Dog, El Limon-Morelos, Polaris, and Mesaba). She was also instrumental in the discovery of the Aktigiruk deposit. She has explored for a variety of commodities both for base metals (sedex and MVT Zn-Pb, porphyry Cu, magmatic Cu-Ni, VMS) and precious metals (Au, Ag, PGE). Since 2012, Ms. Dejou is Vice President Exploration for LaSalle Exploration.
Mr. Burge is a discovery oriented exploration geologist with 30 years' experience in project development with First Quantum Minerals and predecessor companies. Mr. Burge was part of a corporate development team at Inmet Mining Corp. that discovered and delineated more than 30 billion pounds of copper at the Cobre Panama Project, leading to First Quantum Minerals $5 billion dollar acquisition of the company. He gained valuable experience working with First Quantum for 3 years as the project transitions to a mining operation and has excellent technical skills in exploration data management and the application of exploration tools, as well as a strong ability to think creatively. Mr. Burge graduated from the University of Waterloo with a Bachelor of Earth Science in 1981 and is a licensed professional geologist in British Columbia.
Shareholders are encouraged to visit the Company's website for further details and biographies of each individual of CopperBank's technical team: www.copperbankcorp.com
The Company also announces that Robert McLeod will be stepping down from the Board of Directors and will remain as an important member of CopperBank's technical team. Mr. McLeod will remain as a Qualified Person for the company.
On behalf of CopperBank Resources Corp.
"Gianni Kovacevic"
Executive Chairman
Address: Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2
Tel: 604-889-0852
E-mail: [email protected]
Website: www.copperbankcorp.com
Certain information in this release may constitute "forward-looking information" under applicable securities laws and necessarily involve risks and uncertainties. Forward-looking information included herein is made as of the date of this news release and CopperBank does not intend, and does not assume any obligation, to update forward-looking information unless required by applicable securities laws. Forward-looking information relates to future events or future performance and reflects management of CopperBank's expectations or beliefs regarding future events. In certain cases, forward-looking information can be identified by the use of words such as "plans," or "believes," or variations of such words and phrases or statements that certain actions, events or results "may," "could," "would," "might," or "will be taken," "occur," or "be achieved," or the negative of these terms or comparable terminology. Examples of forward-looking information in this news release include, but are not limited to, statements with respect to the Company's ongoing review of its existing portfolio, the involvement of CopperBank in any potential divestiture, spin-out, partnership, or other transactions involving the Company's portfolio assets, and the ability of the Company to complete any such transactions, the ability of CopperBank to enter into transactions that will ultimately enhance shareholder value, and the anticipated issuance of one million shares in connection with the satisfaction of certain loans between CopperBank and management. This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking information. Such factors and assumptions include, but are not limited to the Company's ability to identify and complete one or more transactions involving the Company's portfolio assets that enhance shareholder value as part of management's ongoing review of strategic alternatives in the current market conditions. By its very nature, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking information. Such factors include, but are not limited to, the risk that the Company will not be able to identify and complete one or more transactions involving the Company's portfolio assets that enhance shareholder value as part of management's ongoing review of strategic alternatives in the current market conditions. Although CopperBank has attempted to identify important factors that could cause actual actions, events, or results to differ materially from forward-looking information, there may be other factors that cause actions, events, or results not to be as anticipated, estimated, or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated by such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. For more information on CopperBank and the risks and challenges of its businesses, investors should review the continuous disclosure filings that are available under CopperBank's profile at www.sedar.com.
SOURCE: CopperBank Resources Corp.