Gold’n Futures appoints veteran mining executive Mr. Stephen Wilkinson as Chief Executive Officer and strengthens its Board of Directors with the addition of Walter Hanych, P. Geo.
NEWS RELEASE
Gold’n Futures appoints veteran mining executive Mr. Stephen Wilkinson as Chief Executive
Officer and strengthens its Board of Directors with the addition of Walter Hanych, P. Geo.
TORONTO, ONTARIO -- (Newsfile – March 24, 2021) GOLD’N FUTURES MINERAL CORP. (CSE:
FUTR) (FSE: G6M), (OTC: GFTRF) (the "Company” or “Gold’n Futures”), is pleased to announce that
it has appointed Mr. Stephen Wilkinson as Chief Executive Officer. Theo Van Der Lind e has resigned
from his position as Interim CEO and the Company thanks him for his contribution to the Company and
wishes him the best in his future endeavours.
Mr. Wilkinson M.Sc. (Geology), B.Sc. (Geology) , MBA, is a senior mining executive with more than 40
years of related experience, having acted as president of numerous resource companies and Flow Through
Investment Funds, corporate director, research analyst, and business consultant.
Mr. Wilkinson previously was President and Chief Executive Officer of both Blue Star Gold Corp. and
Falcon Gold Corp. and currently sits on the board of directors of Portofino Resources Inc. From
September 2001 to June 2014, Mr. Wilkinson was a director, President and CEO of ValGold Resources
Ltd.
Prior to June 2014, Mr. Wilkinson was the Chairman of the board of directors and a director of each of
Centurion Minerals Ltd., NovaDx Ventures Ltd. and of HMZ Metals Inc. - an international mining and
smelting company. Mr. Wilkinson was also a director of Pacific Stratus Energy Limited, a TSX listed oil
and gas producer.
Mr. Wilkinson has extensive experience in flow through investment fund management acting as
President, CEO and director of the Contrarian Resource Funds from 2000 to 2003 and the Canadian Small
Cap Resource Funds from 2004 to 2006.
Mr. Wilkinson was a founding director of Colombia Gold Corp. and sat as an independent director of
Bolivar Gold Corp. and Coal corp. In addition, he ha d advised the management and board of Garso n
Gold Corp. during its takeover by Alexis Minerals Corporation in 2010.
Mr. Wilkinson was President and Chief Executive Officer and a director of Northern Orion Explorations
Ltd. from 1999 to 2002, and from 1996 to 1999 he was the Vancouver -based mining analyst for RBC
Dominion Securities Inc., responsible for small capitalization and gold and base metal companies.
Mr. Wilkinson holds his MBA from Clarkson University, Potsdam, New York, his M.Sc. (Geology) from
Carleton University and his B.Sc. (Geology) from the University of Western Ontario. In addition, Mr.
Wilkinson sits on the Dean of Science advisory board at Western University in London, Ontario.
"I am very pleased and excited to have joined Gold’n Futures as Chief Executive Officer. I am familiar
with the Beardmore – Geraldton gold camp and with the Company’s outstanding Hercules gold project .
I am certain that working with the Gold’n Futures team we will soon be unlocking its value. I believe
this project is similar in geological environment to Iamgold’s Cote Lake Deposit which reportedly hosts a
10 million ounce resource in the Chester Intrusive Complex. I am particularly excited to explore the
upside potential of the Hercules project given its open structural corridor for 3.6 kilometres, multiple gold
zones and a strong resource factor along w ith excellent gold metallurgy. I look forward to working with
Gold’n Futures’ current management and delivering value to its shareholders,” Mr. Wilkinson commented
on his appointment.
Theo Van Der Linde Commented, “I am excited to have Mr. Wilkinson on board. People build
companies, and I am confident his extensive mining and business experience will meet and address the
challenges ahead; necessary to realize the value of Hercules!”
Matthew Fish, a current director of the Company, has been appointed Treasurer.
Walter Hanych, P. Geo. appointed to Board of Directors
Mr. Hanych, a Professional Geologist registered in Ontario with over forty years of experience in the
exploration industry from grass -roots projects to advanced mine feasibility projects, including corporate
structure and financing, has been appointed to the board of directors of the Company. Mr. Hanych has a
broad range of mineral exploration experience in gold, base metals, nickel, uranium, PGE, and industrial
minerals exploration throughout Canada and internationally. Mr. Hanych has worked or consulted for
major and junior companies, including INCO, Falconbridge Nickel, and Copper Fox Metals - at their
World Class. Schaft Creek porphyry copper project (Teck Resources/Copper Fox Metals J.V.). Walter is
currently Chief Geologist and director of Signature Resources Ltd. Signature Resources Ltd (TSX.V:
SGU) is a Canadian gold exploration company with advanced and early exploration assets.
Mr. Hanych was involved with the team that initially recognized the Cote Lake deposit (Iamgold
Corporation) as a gold mineralized brecciated intrusive system. Mr. Hanych holds an Honours Bache lor
of Science Degree in geology, (1978), from Laurentian University. He is a member of the Professional
Geoscientists of Ontario and the Society of Economic Geologists.
Stock Options
With their appointment as CEO, t he company has granted 500,000 options to Mr Wilkinson and 250,000
options to Mr. Hanych. All 750,000 options shall have an exercise price of $0.15, vest immediately and
expire two years from the date of issuance.
Company Update
The Company has commissioned a National Instrument 43- 101 report, which will summarize the
historical work performed on the Hercules property. Once the report is complete, the Company will
begin the compilation and tabling of the historical data in preparation for constructing a current resource
block model. Structural and geological modelling of the gold zones will be an integral component of this
compilation to identify domains of gold mineralization. The Company will also undertake a program of
core re-sampling as past sampling intervals were not consistently extended to the shoulders of a sample or
sample intervals.
To date, the work completed on the property forms an extensive database, including grab samples;
channel samples; a variety of geophysical surveys; and a drill hole database that includes historic al
drilling of 497 holes totalling 106,931 metres. More than 2,000 grab and channel samples were collected
from the property. Significant Zones include the Golden Mile, Wilkinson Lake, Lucky Strike, Marino and
7 of 9.
Given the advanced nature of the Hercules Gold Project, the Company has decided to abandon its option
on the early exploration stage Cree Lake Project and focus its resources exclusively on Hercules.
Qualified Person
The scientific and technical content of this press release has been prepared, reviewed and
approved by Mr. Walter Hanych, P. Geo., who is a Qualified Person under NI 43-101 regulations
and is a consultant of the Company.
About Gold’n Futures Mineral Corp.
Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) (OTC: GFTRF) is a Canadian based
exploration company focused on advancing its Hercules gold project located in the Hercules -Elmhurst
property. The Project located 120 kilometres northeast of Thunder Bay, Ont., in the townships of
Elmhurst and Rickaby, within the Thunder Bay North M ining District in the heart of the Beardmore –
Geraldton gold mining camp. The property lies within an Archean greenstone belt that extends from the
Longlac area in the east to Lake Nipigon in the west, a distance of about 130 kilometres. The property
consists of 372 contiguous claim cells (6,951 hectares). To date, the work completed on the property
forms an extensive database i ncluding reconnaissance grab samples; channel samples; a variety of
geophysical surveys; and, a drill hole database that includes historic al drilling totalling about 450 holes.
More than a total of 2,000 grab and channel samples were collected from the pr operty. In the last two
field seasons, more than 150,000 square metres of trenches were developed much of which have been
fully reclaimed.
On behalf of the Board of Directors
For further information
Matt Fish, Director and Treasurer
Phone: 905 781-8786
www.goldnfuturesmineralcorp.com
The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this
release.
This news release may contain forward -looking statements based on assumptions and judgments of
management regarding future events or results. Such statements are subject to a variety of risks and
uncertainties which could cause actual events or results to differ materially from those reflected in the
forward-looking statements. There is no assurance the pri vate placement, property option, change of
board or reinstatement of trading referred to above will close on the terms as stated, or at all. The
Company disclaims any intention or obligation to revise or update such statements.