Blue Star Gold Announces That Mr. Grant Ewing Has Been Appointed as CEO
Blue Star Gold Announces That Mr. Grant
Ewing Has Been Appointed as CEO
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2020) -
Mr. Robert Metcalfe, Chairman of
Blue Star Gold (TSXV: BAU) (FSE: 5WP), announces the hiring of Mr. Grant Ewing as CEO of the
Company effective Aug 17, 2020.
Mr. Ewing is an accomplished mining executive with a strong technical foundation and solid business
acumen. He is a professional geologist by background and has over 25 years of experience in the
mineral industry and the last 10+ years in senior executive roles.
His extensive knowledge base covers the entire mine development cycle, from early-stage exploration
through to production, in several different commodities. He has experience building value by managing
the development of exploration assets from the discovery phase through to economic evaluation. Strong
corporate development and investor relations, merger and acquisitions, and capital markets knowledge
complement Mr. Ewing's mineral industry experience.
Mr. Ewing has experience with several successful mineral exploration and development companies at
the executive level throughout his career, including Rockridge Resources, Kiska Metals/AuRico Metals,
and Acadian Mining, among others.
Mr. Metcalfe comments: "We welcome Mr. Ewing to our Company and believe his leadership will assist
Blue Star Gold in achieving its ambitious plans over the next few years. The Board of Directors would
like to extend its appreciation and acknowledge the valuable contributions of Mr. Kuhn during the
transition period as Interim CEO".
Mr. Peter Kuhn is stepping down as Interim CEO on the same date as the appointment of Mr. Ewing and
resumes his position as General Manager.
The company is currently conducting a 7,000 m exploration drill program at its Ulu and Hood River
properties in Nunavut with some 4,700 m drilled so far.
About Blue Star Gold Corp.
Blue Star is a Vancouver-based gold and silver company focused on exploration and development within
Nunavut, Canada.
The Company, through its subsidiary, Inukshuk Exploration Inc. ("
Inukshuk
"), owns
the highly prospective 8,015 ha
Hood River gold concessions
located contiguous with the Ulu mining
lease.
Inukshuk acquired its interest in the Hood River property through a renewable, 20-year Mineral
Exploration Agreement with Nunavut Tunngavik Incorporated ("
NTI
") which holds subsurface title to Inuit
Owned Lands ("
IOL
").
The Hood River property located within the CO-20 IOL parcel is administered by
the NTI through the HOODRIVER-001 MEA signed between Inukshuk and NTI dated June 01, 2013.
Blue
Star has recently acquired the
Ulu Gold Property
, an advanced gold and silver project and with
regulatory approvals has completed the transmittal of the mining lease and assignment of the permits
and licenses.
Together with the Hood River concessions, Blue Star controls nearly 9,000 ha of
prospective mineral claims within which the Company has identified more than 40 gold occurrences.
Blue Star has 143,245,846 common shares outstanding and is listed on the TSX Venture Exchange
under the symbol:
BAU
and on the Frankfurt Exchange under the symbol:
5WP
.
For information on the
Company and its projects, please visit our website:
www.bluestargold.ca
.
For further information, please contact:
Peter Kuhn, Interim CEO
Telephone:
604.347.6999
Email:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
Policies of the TSX-Venture Exchange) accepts responsibility for the adequacy or accuracy of this
Release.
Certain information contained herein constitutes "forward-looking information" under Canadian
securities legislation. Forward-looking information includes, but is not limited to, statements with
respect to the Private Placement, the use of proceeds, the cancellation and refund of the Debentures
and notification thereof, the automatic expiration of the Warrants, and the payment of finder's fees.
Generally, forward-looking information can be identified by the use of forward-looking terminology
such as "may be", "intends" or variations of such words and phrases or statements that certain
actions, events or results "will" occur. Forward-looking statements are based on the opinions and
estimates of management as of the date such statements are made and they are subject to known
and unknown risks, uncertainties and other factors that may cause the actual results to be materially
different from those expressed or implied by such forward-looking statements or forward-looking
information, including: the receipt of all necessary regulatory approvals, capital expenditures and
other costs, and financing and additional capital requirements. Although management of the
Company have attempted to identify important factors that could cause actual results to differ
materially from those contained in forward-looking statements or forward-looking information, there
may be other factors that cause results not to be as anticipated, estimated or intended. There can be
no assurance that such statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements and forward-looking information. The Company will not
update any forward-looking statements or forward-looking information that are incorporated by
reference herein, except as required by applicable securities laws.
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