Crystal Lake Mining Welcomes New CFO, COO, Corporate Secretary, and Technical Advisor; Announces Regulatory Approval of Enduro Metals Corporation
Crystal Lake Mining Welcomes New CFO, COO, Corporate Secretary, and
Technical Advisor; Announces Regulatory Approval of Enduro Metals
Corporation
June 29th, 2020, Kelowna, British Columbia – Crystal Lake Mining Corporation (TSXV: CLM OTC: SIOCF
FSE: SOG-FF) (“Crystal Lake” or the “Company”) is pleased to announce 4 additions to the Company’s
management and technical team, as well as regulatory approval of the Name Change intent to
Enduro Metals Corporation. The Company announces that, further to its news release of June 11th,
2020, its common shares will begin trading under its new name “Enduro Metals Corporation” on the
TSX Venture Exchange (the “TSXV”) at the opening of trading on July 3rd, 2020.
The Company’s trading symbol will change to “ENDR” on the TSXV and will remain as “SOG-FF” on
the Frankfurt Stock Exchange and as “SIOCF” on the OTC Pink sheets. The CUSIP number for the
Company’s common shares is 29279W102 and ISIN is CA29279W1023.
Chief Financial Officer
The Company is pleased to welcome Mr. Malcolm Davidson, CPA, CA, as Chief Financial Officer. Mr.
Davidson is an outgoing and dynamic corporate executive with nearly 20 years experience operating,
financing, and developing TSX and NYSE listed mining companies. Prior to joining Crystal Lake, Mr.
Davidson spent 8 years as CFO with Avino Silver & Gold Mines helping develop the silver and gold
producer’s assets in Mexico and Canada. Also, during his tenure with Avino, Mr. Davidson was CFO
of Coral Gold Resources where he played a key role in selling and negotiating royalties for the
Company’s primary asset in Nevada to Barrick Gold, in addition to consulting for several other
companies.
Chief Operating Officer
The Company is pleased to welcome Mr. Dylan Hunko B.Sc., as Chief Operating Officer. Mr . Hunko is
a co-founder of HEG & Associates along with Crystal Lake’s President/CEO Cole Evans and has been
a critical figure in the private company’s growth and success since its formation. HEG is the single
largest shareholder of Crystal Lake Mining. Mr. Hunko is a skilled project manager who has designed
and executed projects for junior explorers and major mining companies alike in North America. Mr .
Hunko started his exploration career with Archer Cathro in 2011 and has worked as an exploration
geologist for several companies dominantly focused on the Golden Triangle of British Columbia,
Canada. He currently sits as Vice-President of the Bob Quinn Lake Air port Society; an important
infrastructure installment approximately 30km east of the Company’s Newmont Lake airstrip.
Corporate Secretary
The Company is pleased to welcome Ms. Deborah Cotter as Corporate Secretary. Ms. Cotter has over
25 years experience in the public markets for both Canadian and US listed companies, managing
securities compliance, corporate governance, equity financings, and administration. Ms. Cotter is
currently Corporate Secretary of Terrace Energy Corp. and is the Co rporate Secretary/Corporate
Compliance Lead for SpeakEasy Canna bis Club. Prior to that she held the position of Corporate
Secretary of CRH Medical Corp. and Corporate Secretary of ID Biomedical Corp. until the time of its
takeover offer by Glaxo Smith Kline plc. in December of 2005. ID Biomedical grew from an initial $3
million market capitalization to $1.7 billion at the time of its takeover offer from Glaxo Smith Kline
plc. In 2005.
Technical Advisor
The Company is pleased to welcome Mr . John Ryan, B.Sc. Hons, to the Company’s technical advisory
committee. Mr. Ryan has 15 years experience specializing in the Canadian Cordillera in b oth
greenfields and brownfields exploration. Mr. Ryan spent 8 years with Teck resources where he held
a leadership role in developing industry leading methods in applied geochemistry, hyperspectral
analysis, and geometallurgical modelling as a Senior Project Geol ogist at Teck ’s Highland Valley
Copper; Canada’s largest copper mining complex. Prior to this, he held positions with both Sabina
Gold & Silver and Spanish Mountain Gold assisting in the delineation of the Hackett River VMS
deposit in northwestern Nunavut (subsequently purchased by Glencore), and the SHV gold deposit
at Spanish Mountain in central British Columbia, Canada.
Mr. Ryan holds a B.Sc. (Hons) in Geology from the University of British Columbia Okanagan
specializing in applied exploration geochemistry from the Charles Fipke Centre for Innovative
Research.
We would like to thank Mr. David Cross for acting as the Company’s CFO during it’s transitional period,
as well as Natasha Chapman for assisting as the Company’s Corporate Secretary.
About Crystal Lake Mining
Crystal Lake is one of the leading exploration companies focused in the heart of British Columbia’s
prolific Golden Triangle. The company’s highly qualified geological team has assembled a wealth
of information generated by numerous companies each working small pieces of the district-scale
property that Crystal Lake has assembled through staking and optioning. Building on prior results,
the company’s geological team made several significant discoveries during its in itial exploration
program in 2019. A gold -rich copper porphyry outlined on the Burgundy Tr end has striking
similarities to large-scale deposits in the region, including the Red Chris deposit for which Newcrest
last year paid US$807 million for a 70% interest. Chachi, a newly discovered area, generated high-
grade samples of gold, silver, lead, zinc, nickel, and cobalt over a 9km x 4km area with associated
geophysical responses. Diamond drilling in 2019 at the NW Zone demonstrated that the historic
gold resource remains open laterally and to depth.
Work in 2020 will seek to further extend the known gold deposit and to investigate the large-scale
discovery potential of multiple targets and deposit types.
On Behalf of the Board of Directors,
CRYSTAL LAKE MINING CORP .
“Cole Evans”
President/CEO
Email: [email protected]
www.crystallakemining.com
For further information please contact:
Investor Relations
Sean Kingsley – Director of Communications
Tel: +1 (604) 440-8474
Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
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.