ArcWest Announces the Appointment of New Technical Advisors, Including High Power Exploration Principal Geologist Graham Boyd, Teuton Resources President and Chief Executive Officer Dino Cremonese, and Award-Winning Porphyry Copper-Gold
ArcWest Announces the Appointment of New
Technical Advisors, Including High Power
Exploration Principal Geologist Graham Boyd,
Teuton Resources President and Chief
Executive Officer Dino Cremonese, and
Award-Winning Porphyry Copper-Gold
Explorationist Peter Ogryzlo
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2021) - ArcWest Exploration Inc. (TSXV:
AWX) ("ArcWest") is pleased to announce the appointment of successful mineral exploration veterans
Graham Boyd, Dino Cremonese and Peter Ogryzlo as technical advisors to the company.
Tyler Ruks, President and CEO of ArcWest commented, "We are very pleased to have explorationists of
the calibre of Graham, Dino and Peter join the team.
All three have enviable track records of discovery,
value creation and deep ties to exploration and mining networks that will greatly assist ArcWest on its
path to discovery.
They will be joining industry veterans and current ArcWest technical advisors John
Bradford and Dr. David Broughton.
David and his exploration team at Ivanhoe are credited with the
discovery of the giant Kamoa-Kakula sedimentary copper deposits in the DRC.
ArcWest's technical
advisory board is second to none and is a testament to the quality of our team and the prospectivity of
our ten copper-gold projects, at least four of which will undergo partner funded drill testing in 2021."
Graham Boyd:
Graham Boyd is currently Principal Geologist for High Power Exploration ("HPX"), a private mining &
technology company led by Robert Friedland.
Graham has spent the past fourteen years with numerous
"Ivanhoe group" companies, beginning with Ivanhoe Mines Mongolia in 2006, and continuing in 2008
with Ivanhoe Australia in the Clonclurry district where he was part of the discovery team for Merlin, the
world's highest-grade molybdenum-rhenium deposit.
He is currently working with HPX to find the next
generation of world class discoveries. He has led the generation, acquisition and exploration efforts for
HPX's North American assets, and was key in advancing the Alacran and San Matias projects in
Colombia among numerous other HPX group projects around the world since he joined in 2013.
Graham Boyd commented, "The ArcWest team are among the most professional and well-connected
explorers in BC, where they continue to uncover high quality projects and recognize compelling new
exploration search spaces. I am very confident in this team's ability to continue identify quality exploration
projects and execute value-accretive deals. I am thrilled to be joining an already impressive advisory
board for ArcWest at the beginning of what promises to be an exciting year with at least four
opportunities to participate in a discovery."
Dino Cremonese:
Dino Cremonese, P. Eng., LL.B., is President and Chief Executive Officer of Teuton Resources, one of
the most successful project generators in North America and a pioneer in the project generator business
model.
Dino and his team played a critical role in the discovery of the giant Treaty Creek gold-silver-
copper system in BC's Golden Triangle, which has resulted in the creation of significant wealth for
Teuton shareholders.
Dino has strong ties to the Sprott network, with legendary mining entrepreneur Eric
Sprott currently owning 19.9% of Teuton.
Teuton owns a 20% carried interest and a 0.98% NSR in the
Treaty Creek gold-silver-copper project, and has a cash position of approximately $12 million with an
additional $6+ million held in its stock portfolio.
Dino Cremonese commented, "ArcWest has outstanding geological talent in its executive team which is
reflected in the high quality of the mineral assets it has assembled since inception.
Five of its properties
are currently partnered.
I am flattered to be included in the advisory board for this ambitious company."
Peter Ogryzlo:
Peter Ogryzlo is an award winning mineral explorationist and recognized authority on BC porphyry
copper-gold deposits.
His career has taken him from islands in the South Pacific, the rainforests of
South America and the Basin and Range of Nevada to the Empty Quarter of the Arabian Shield.
He
played a critical role in the discovery and development of the MZX deposit at Imperial Metals'
Huckleberry Mine, which prevented the mine from closing in 2007. For this discovery and his assistance
with extension of mining into the MZO pit, Peter was recognized with the prestigious Spud Huestis
award.
Peter was also mine geologist for Glencore's past producing Bell Mine, situated in BC's prolific
Babine porphyry copper-gold district.
He is a recognized authority on the geology and exploration
potential of the past producing Bell Mine, which is host to a significant resource and exciting exploration
potential at depth.
ArcWest's Sparrowhawk project surrounds Glencore's past producing Bell Mine and
contains proposed sites for waste and tailings management facilities for Bell in the event it re-enters
production.
Peter will play a key role in advising ArcWest's exploration efforts throughout British
Columbia, with emphasis on advising exploration in the Babine and Bulkley districts for Bell and
Huckleberry-like porphyry copper-gold deposits.
Peter Ogryzlo commented, "ArcWest has assembled a team with the ambition and persistence to make
discoveries. These traits will take them far beyond what can be taught.
I am pleased to offer them any
discovery, development and production experience I have gained in their search."
ArcWest's recently updated corporate presentation is available for download
here
.
ArcWest's recently
updated technical presentation is available for download
here
.
About ArcWest Exploration Inc.
ArcWest Exploration is a project generator focused on porphyry copper-gold exploration opportunities
throughout western North America.
The company is in possession of ten 100% owned projects
throughout BC's premier porphyry copper-gold districts.
Five of its porphyry copper-gold projects are
subject to earn-in and joint venture agreements, including two projects partnered with Teck Resources
Ltd.
At least four of ArcWest's porphyry copper-gold projects will undergo partner funded drill testing in
2021.
By conducting partner funded exploration on multiple exploration projects simultaneously, ArcWest's
chances of discovery are enhanced while exposing shareholders to minimal dilution.
The company is
managed by an experienced technical team with a track record of discovery and a reputation for
attracting well-funded senior partners, including Freeport McMoRan, Robert Friedland group companies,
ITOCHU, Antofagasta and Teck.
Qualified Person
ArcWest's disclosure of a technical or scientific nature in this news release has been reviewed and
approved by Jeff Kyba, PGeo, VP Exploration, who serves as a Qualified Person under the definition of
National Instrument 43-101.
For further information please contact: Tyler Ruks, President and CEO at +1 (604) 638 3695.
Investors are cautioned that ArcWest Exploration Inc. has not verified the data from the Kamoa-
Kakula, Merlin, Alacran, San Matias Bell, Huckleberry and Treaty Creek deposits. Further, the
presence and style of mineralization on these properties is not necessarily indicative of similar
mineralization on the ArcWest Exploration Inc. property. Historical assays from drill programs on its
properties have not been verified by ArcWest but have been cited from sources believed to be
reliable.
This news release contains statements about ArcWest's expectations and are forward-looking in
nature. As a result, they are subject to certain risks and uncertainties. Although ArcWest believes that
the expectations reflected in these forward-looking statements are reasonable, undue reliance should
not be placed on them as actual results may differ materially from the forward-looking statements.
The
forward-looking statements contained in this news release are made as of the date hereof, and
ArcWest undertakes no obligation to update publicly or revise any forward-looking statements or
information, except as required by law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/73391