Inflection Resources Engages Dr. Alan Wilson as Technical Advisor for Ongoing Copper-Gold Exploration Program in Northern New South Wales
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Inflection Resources Engages Dr. Alan Wilson as Technical Advisor for Ongoing
Copper-Gold Exploration Program in Northern New South Wales
Vancouver, British Columbia, March 8, 202 1: Inflection Resources Ltd. (CSE: AUCU /
OTCQB: AUCUF / FSE: 5VJ) (the "Company" or "Inflection") is pleased to announce that Dr.
Alan Wilson has joined the Company as a Technical Advisor.
• As Technical Advisor, Dr. Wilson will assist the Company with the ongoing copper -gold
exploration program in northern New South Wales, Australia where initial drilling has
identified several areas of alteration indicative of copper-gold porphyry centres.
• Expert in alkalic porphyry systems, particularly in the Lachlan Fold Belt in New South
Wales, Alan has over 30 years experience , including senior roles with several of the
worlds’ largest mining companies.
• He obtained his PhD in Economic Geology by completing the first detailed geological and
genetic study of the Cadia gold-copper porphyry deposits, owned by Newcrest Mining and
located southeast of Inflection’s 100% owned exploration licenses.
Alistair Waddell, Inflection Resources President and CEO, comments, “We are excited to
welcome Alan as a Technical Advisor to the Company and look forward to his input in our ongoing
exploration activities. Alan’s extensive knowledge of alkalic porphyry systems in New South
Wales, and his specific experience in the Cadia district , is extremely relevant to our ongoing
exploration programs, where we have already identified several zones of strong porphyry style
alteration in the northern, covered extension of the Macquarie Arc”.
Dr. Wilson is an economic geologist with thirty years’ experience in the exploration for base and
precious metal deposits globally, experience that has allowed him to develop a deep
understanding of the critical role geology plays in assessment of ore potential at pr ojects in all
stages of development. Alan has worked for several of the world’s largest mining companies in
increasingly senior technical and exploration management roles, culminating in the role of
International Exploration Manager with Antofagasta PLC from 2010 until 2019.
Dr. Wilson obtained his PhD in Economic Geology at the University of Tasmania, Australia in
2003, completing the first detailed geological and genetic study of the then -recently discovered
Cadia alkalic gold -copper porphyry deposits o f the Lachlan Fold Belt in New South Wales,
Australia. This work at Cadia , which is widely published, and subsequent exploration and
technical evaluations of alkalic porphyry systems throughout the Lachlan Fold Belt, British
Columbia and other emerging terranes globally, has established Alan as a recognised technical
and exploration expert in this type of deposit. Alan is a Fellow of the Society of Economic
Geologists and a Fellow of the Geological Society of London, through which he holds Chartered
Geologist accreditation.
The Company has agreed to grant to Dr. Wilson 200,000 incentive stock options exercisable at
$0.34 per common share over a five-year term, such options to vest six months after the date of
grant. The stock options are subject to the acceptance of the Canadian Securities Exchange.
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About Inflection Resources
Inflection is a technically driven gold and copper-gold focused mineral exploration company with
projects in Eastern Australia where it is sy stematically drill testing a large portfolio of projects in
New South Wales and in Queensland.
The Company is exploring for large gold and copper -gold deposits in the northern interpreted
extension of the Macquarie Arc, part of the Lachlan Fold Belt in New South Wales. The Macquarie
Arc is Australia's premier porphyry gold -copper province being host to Newcrest Mining's Cadia
deposits, the CMOC Northparkes deposits and Evolution Mining's Cowal deposits plus numerous
exploration prospects including Boda, the recent discovery made by Alkane Resources.
For more information, please visit the Company's website at www.inflectionresources.com.
On Behalf of the Board of Directors
"Alistair Waddell"
President and CEO
For further information, please contact:
Brennan Zerb
Investor Relations Manager
+1 (778) 867-5016
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for
the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain forward -looking statements and forward -looking information
(collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation.
All statements, other than statements of historical fact, included herein including, without limitation, those
relating to the benefits of the Company's OTCQB listing, statements regarding future capital expenditures,
anticipated content, commencement, and cost of exploration programs in respect of the Company's projects
and mineral properties, and the anticipated business plans and timing of future activities of the Company,
are forward-looking statements.
Although the Company believes that such statements are reasonable, it can give no assurance that su ch
expectations will prove to be correct. Often, but not always, forward looking information can be identified
by words such as "pro forma", "plans", "expects", "may", "should", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", "be lieves", "potential" or variations of such words including negative
variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might
or will occur or be taken or achieved. Forward -looking statements involve kno wn and unknown risks,
uncertainties and other factors which may cause the actual results, performance or achievements of the
Company to differ materially from any future results, performance or achievements expressed or implied
by the forward-looking statements. Such risks and other factors include, among others, statements as to
the anticipated business plans and timing of future activities of the Company, including the Company's
exploration plans, the proposed expenditures for exploration work thereon, th e ability of the Company to
obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and
regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in
laws, regulations and policies affecting mining operations, the Company's limited operating history,
currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors
discussed under the heading "Risk Factors" in the Company's prospectus dated June 12, 2020 and other
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filings of the Company with the Canadian Securities Authorities, copies of which can be found under the
Company's profile on the SEDAR website at www.sedar.com.
Readers are ca utioned not to place undue reliance on forward -looking statements. The Company
undertakes no obligation to update any of the forward-looking statements, except as otherwise required by
law.