Announces Appointment of Kim Evans CPA, CGA as Chief Financial Officer
News Release No: 15 - 11- 09
Copper Lake Resources Ltd.
Announces Appointment of Kim Evans CPA, CGA as Chief Financial Officer
VANCOUVER, BRITISH COLUMBIA- December 3, 2015 - Copper Lake Resources Ltd. (the "Company" or "Copper Lake") (TSX VENTURE: CPL) is pleased to announce the appointment of Kim Evans CPA, CGA as CFO effective immediately. Kim is a Certified General Accountant with extensive experience in both the junior mining sector and the corporate securities industry. Ms. Evans has over 17 years' experience as a director and/ or officer, working with a number of publicly listed companies on the TSX V Exchange. In addition, Kim is the founder of Golden Reign Resources Ltd. which has developed a high grade gold deposit now moving towards production.
The Board of Directors is very pleased to welcome Kim Evans as CFO, whose significant junior mining management experience will play an important strategic role in the continued progress towards maximizing shareholder value. As our CFO, Kim is looking forward to assisting the Company in its continued development and implementing further strategic steps to progress the properties and maximize shareholder value.
The Company thanks Mr. MacDonald the previous CFO for his contributions and wish him success in his future endeavors.
About Copper Lake:
Copper Lake currently has two properties in Ontario –the Marshall Lake property and the Norton Lake property.
The Company has the option to earn an initial 50% interest in the Marshall Lake property, with the right to increase its interest to 75% by incurring such additional expenditures as are necessary to take the project to a bankable feasibility stage. To date, the Company has earned a 37.5% joint venture interest in the Marshall Lake property. The Company intends to focus its near term efforts on the continued development of the Marshall Lake property, which is an advanced exploration stage copper, silver and gold project located 120 km north of Geraldton, Ontario, via a good all weather gravel road from Hwy 11/Trans Canada Hwy, and 22 km north of the main CNR rail line.
The Company currently holds a 60.7% interest in the Norton Lake property, which has a NI 43-101 compliant resource.
In addition, the Company’s home office is now located at Suite 501 – 595 Howe Street Vancouver, BC Canada V6C 2T5
Copper Lake Resources Ltd.
“Ronald Coombes”
_________________________________ Ronald Coombes, CEO & President The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this release. This news release includes certain statements that may be deemed “forward-looking statements”. All statements, other than statements of historical facts, that address such matters as future exploration, drilling, exploration activities, potential mineralization and resources and events or developments that the Company expects, are forward looking statements and, as such, are subject to risks, uncertainties and other factors of which are beyond the reasonable control of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include such matters as market prices, exploitation and exploration results, continued availability of capital and financing, and general economic, market or business conditions. Any forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.