Battery Mineral Resources Corp. Announces the Appointment of Julia Aspillaga to the Board of Directors & Provides Corporate Update
Battery Mineral Resources Corp. Announces the Appointment of Julia
Aspillaga to the Board of Directors & Provides Corporate Update
Vancouver, British Columbia – (August 30, 2022) – Battery Mineral Resources Corp.
(TSXV: BMR) ("BMR” “Battery" or the "Company") is very pleased to announce the
appointment of Julia B. Aspillaga Rodriguez (“Julia Aspillaga”) to the board of
directors of the company. Julia Aspillaga is a mining executive and partner of several
mining exploration companies having worked in Chile and in several other Latin
American countries since the 1980’s. At present, Miss Aspillaga is Managing Partner
of Andeak Global Management, a firm providing mining exploration services to
several international companies, including Lowell Mineral Exploration, Orestone
Resources (Canada), and Emerita Resources which has exploration projects in Spain.
Miss Aspillaga studied at the Pontifical Catholic University of Chile, graduating as an
English teac her in 197 7, then completed studies and g raduated in Business
Administration in 1979. Miss Aspillaga has participated in the discovery and
development of several mining projects, including as a partner of Dr. David Lowell in
the San Cristobal gold project, in Region II, Chile at the end of the 1980 ’s. In the
1990’s she was manager of Bema Gold in Chile, a company that developed the
Refugio gold deposit in Region III, Atacama-Chile, that was previously exploited by
Kinross Gold Corp. (Canada). From the year 2000 to date , Miss Aspillaga has
participated as manager and/or management advisor for various international
companies including Mineral Resource Development (Great Britain), Yorkton
Securities (Canada), Endeavour Financial (Canada), Galileo Minerals (Canada), and
Global Hunter Corp (Canada).
Battery’s Chairman of the Board of Directors, L azaros Nikeas states, “On behalf of
the Board of Directors, we are delighted to welcome Julia to the Board of Directors
of BMR. Julia’s decades of experience in the discovery and development of mining
projects throughout Chile and Latin America will be invaluable as we progress towards
accomplishing our goals of restarting mining operations at Punitaqui , establishing
positive cash flow and using Punitaqui as a platform to scale the Company.”
Corporate Update – Mine Manager & Water Supply
The company is delighted to announce that it has hired Mr. Giglio Barlaro Anes as the
Punitaqui Mine General Manager. Mr. Barlaro, a native of Chile, is a mining engineer
and holds a Master’s degree in Business Administration with more than 25 years of
experience in the areas of operations, technical services and projects in open pit and
underground mining. Most recently, Mr. Barlaro was Mine Operations Manager from
2020 to 2022 at Newmont Mining’s Cerro Negro underground gold mine in Argentina,
one of the largest underground gold mines in Latin America. Prior to that, Mr. Barlaro
was Mine Operations Manager at Lundin Mining’s Candelaria mining complex in Chile
that includes three underground copper mines and a large open pit operation from
2015 to 2020. Mr. Barlaro has also held senior operational roles with Codelco,
Sociedad Química y Minera (SQM), Anglo American and SCM at mines in Chile as well
as at Homestake Mining (a division of Barrick Gold) in Argentina.
BMR is also pleased to announce it has secur ed additional water supply for the
resumptions of operations at its Punitaqui copper mine complex. The Company is
currently able to source water from Company owned wells on its property and has
now added an additional supply of water for Punitaqui . The company has secured
procurement for a minimum of 400,000 and a maximum of 600,000 cubic meters of
water per year through an agreement with local Chilean water supply company ,
SAGA. Between the water BMR is able to pump from its own wells and this new supply
agreement with SAGA, BMR is confident it has a sufficient supply of water to resume
full operations at its Punitaqui copper mining complex.
Battery CEO Martin Kostuik states : “We are thrilled to welcome Giglio as the Mine
General Manager of the Punitaqui mine. As we transition into a cash-flow generative
copper producer in the near-term, Giglio’s experience and successful track-record of
mine management, project and technical management, including mine start up, will
prove especially valuable. We look forward to welcoming him to the growing
operational team and also to the local Chilean communities of Punitaqui and Ovalle.”
About Battery Mineral Resources Corp.
Battery Mineral Resources (“BMR”) is a battery mineral s company providing
shareholders exposure to the global mega-trend of electrification while being focused
on growth through cash -flow, exploration, and acquisitions in favourable mining
jurisdictions. Battery Mineral’s mission is the discovery, acquisition, and development
of battery metals (namely cobalt, lithium, graphite, and copper), in North America,
South America and South Korea, to become a premier and responsible supplier of
battery minerals to the electrification marketplace. BMR is currently pursui ng a
potential near-term resumption of operations in late 2022 of the Punitaqui Mining
Complex, a past copper-gold producer, in the Coquimbo region of Chile. BMR is the
largest mineral claim holder in the historic Gowganda Cobalt-Silver Camp in Ontario,
Canada, and continues to pursue a focused program to build on the recently
announced, +1 -million-pound high -grade cobalt resource at McAra. In addition,
Battery Mineral owns 100% of ESI Energy Services, Inc. a profitable mainline pipeline
and renewable energ y equipment rental and sales company with operations in
Alberta, Canada and Arizona, USA. Battery Minerals Resources is based in Canada
and its shares are listed on the Toronto Venture Exchange under the symbol “BMR”
and on the OTCQB under the symbol “BTRM F”. Further information about BMR and
its projects can be found on www.bmrcorp.com.
For more information, please contact:
Martin Kostuik, CEO
Phone: +1 (604) 229 3830
Mars Investor Relations
+1 (604) 335-1976
Harbor Access Corp.
475-477-9402
Twitter: @BMRcorp_
www.bmrcorp.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the
policies of the TSXV) accepts responsibility for the adequacy or accuracy of this
press release.
Forward Looking Statements
This news release includes certain “forward -looking statements” under applicable
Canadian securities legislation. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ materially from
those anticipated in such statements. Forward-looking statements reflect the beliefs,
opinions and projections of the Company on the date the statements are made and
are based upon a n umber of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant business, economic,
competitive, political and social uncertainties and contingencies. Many factors, both
known and unknown, could cause actual results, performance, or achievements to be
materially different from the results, performance or achievements that are or may
be expressed or implied by such forward -looking statements and the parties have
made assumptions and estimates based on or related to many of these factors. Such
factors include, without limitation, the ability of the Company to obtain sufficient
financing to complete exploration and development activities, the ability of the
Company to complete the Debenture offering, risks related to share price and market
conditions, the inherent risks involved in the mining, exploration and development of
mineral properties, the ability of the Company to meet its anticipated development
schedule, government regulation and fluctuating m etal prices. Accordingly, readers
should not place undue reliance on forward-looking statements. Battery undertakes
no obligation to update publicly or otherwise revise any forward -looking statements
contained herein, whether because of new information or future events or otherwise,
except as may be required by law.