Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

ENDR.V ·

Crystal Lake Mining Appoints New CEO and Director

Management Changes

Crystal Lake Mining Appoints New CEO and

Director

VANCOUVER

,

Jan. 16, 2020

/CNW/ -

Crystal Lake Mining Corporation

(

TSXV: CLM OTC:

SIOCF FSE: SOG-FF)

("

Crystal Lake

" or the "

Company

") is pleased to welcome Mr.

Cole Evans

as the Company's CEO and a Director effective immediately. Mr.

Maurizio Napoli

who has served as

the Company's interim CEO since

September 2019

, will remain the President, VP of Exploration and

a Director of the Company.

Cole Evans

is the Co-Founder and President/CEO of HEG & Associates Exploration Services Inc.

He has been instrumental in building HEG from an idea into one of

Western Canada's

largest

exploration service companies focused on

British Columbia's

Golden Triangle and South-Central

regions. Mr. Evans and his Team have been key individuals at

Crystal Lake's

Newmont Lake Project

since its acquisition in Fall 2018.

Mr. Evans is also the Co-Founder and Chief Owner of Catalina Discovery Ltd.; a private corporation

focused on strategic investments in the mining industry. Mr. Evans is the direct owner/controller of

approximately 11,200,000 common shares and 8,055,555 warrants of

Crystal Lake

which he

acquired in 2019 for a combined ownership of approximately 19,200,000 shares/warrants, making.

him the single largest shareholder of the Company.

Mr. Evans holds a B.Sc. (Hons) in Geology from the

University of British Columbia

Okanagan

specializing in applications of hyperspectral analysis and applied geochemistry from the Charles

Fipke Centre for Innovative Research. He prides himself as being a strategical, business minded

geologist with a track record of exponential growth of his private sector business endeavors.

Mr. Evans commented "

Crystal Lake

has an exceptional land package in the heart of BC's Golden

Triangle; an area that is among the most well-endowed and underdeveloped mineral districts in the

world. I see the Newmont Lake project as tremendously undervalued and still in its infancy of

discovery. I am very excited to have a role in forging

Crystal Lake

into an exploration powerhouse in

the region, and create benefits for all shareholders, the local community, and the province of

British

Columbia

."

Crystal Lake

would like to thank

Maurizio Napoli

for his tenure and dedication as interim CEO. Mr.

Napoli has also been a key figure in exploration at Newmont Lake as the Company's Qualified

Person.

About Crystal Lake Mining

Crystal Lake Mining is a Canadian-based junior exploration company focused on building shareholder

value through high-grade discovery opportunities in

British Columbia

and

Ontario

. The Company has

an option to earn a 100% interest in the Newmont Lake Project, one of the largest land packages

among juniors in the broader Eskay region in the heart of Northwest B.C.'s Golden Triangle.

On Behalf of the Board of Directors,

CRYSTAL LAKE

MINING CORP.

"Maurizio Napoli"

President/Director

Email:

[email protected]

www.crystallakemining.com

Forward-Looking Statement

This news release may contain certain "forward looking statements". Forward-looking statements

involve known and unknown risks, uncertainties, assumptions and other factors that may cause the

actual results, performance or achievements of the Company to be materially different from any

future results, performance or achievements expressed or implied by the forward-looking

statements. Any forward-looking statement speaks only as of the date of this news release and,

except as may be required by applicable securities laws, the Company disclaims any intent or

obligation to update any forward-looking statement, whether as a result of new information, future

events or results or otherwise. Neither 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.

SOURCE

Crystal Lake Mining Corporation

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2020/16/c2390.html

%SEDAR: 00029065E

For further information:

Investor Relations, Tel: +1 (604) 440-8474, Email: [email protected];

MarketSmart Communications, Tel: +1 (604) 261-4466, Toll Free: +1 (877) 261-4466, Email:

[email protected]; Momentum Public Relations, Tel: +1 (514) 815-7473, Email:

[email protected]

CO: Crystal Lake Mining Corporation

CNW 08:30e 16-JAN-20