Norseman Silver Welcomes New Team Members & Grants Stock Options
Norseman Silver Welcomes New Team Members & Grants Stock Options
Vancouver, British Columbia November 6, 2023 – Norseman Silver Inc. (TSXV: NOC) (“ Norseman ” or the
“Company ”) announces that Merlin Marr-Johnson and Ken McNaughton have joined its technical team.
Merlin Marr-Johnson is a graduate in geology from Manchester University and holds a Master’s Degree in
Mineral Deposit Evaluation from the Royal School of Mines, Imperial College. He has 25 years’ experience
in the minerals sector, including work as an exploration geologist for Rio Tinto, an analyst for HSBC and a
portfolio manager for Blakeney Management. Merlin h as worked on projects in South America, Africa,
Central Asia and Europe, and as CEO he has brought two companies to AiM, London. He speaks several
languages, including Spanish.
Mr. McNaughton is a professional geological engineer with over 30 years of global experience developing
and leading mineral explora<on programs. Prior to P2 Gold he was Chief Explora<on Officer at Pre<um
Resources Inc., where he had been responsible for g reenfield explora<on programs since joining the
company in 2011, shortly aBer it was formed to adva nce the early explora<on-stage Brucejack Project.
Prior to Pre<um, Mr. McNaughton was Vice President, Explora<on at Silver Standard Resources Inc. for 20
years, and he oversaw all explora<on ac<vi<es of the company including the explora<on program for the
Snowfield Project and the 2009 program when bonanza-grade drilling results established Brucejack as a
high-grade gold discovery. Prior to Silver Standard, he was employed by Corona Corpora<on and its affiliate
Mascot Gold Mines Ltd. as a project geologist and e ngineer for projects in Bri<sh Columbia. Mr.
McNaughton holds a Bachelor of Applied Science degr ee and a Master of Applied Science degree in
geological engineering from the University of Windsor. Currently he is the Chief Explora<on Officer of P2
Gold which is comple<ng a feasibility study of the Gabbs Copper Gold project located in Nevada.
The Company further announces that its board of directors has approved a grant an incen<ve stock op<on
(the "Op on" ) to a consultant to acquire a total of 100,000 common shares in the capital of the Company
at an exercise price of $0.12. The Op<on was granted pursuant to the Company's 10% rolling stock op<on
plan (the "Plan" ) and i8s subject to the terms of the Plan, the gra nt agreement and the requirements of
the TSX-V. The Op<on is exercisable for a five-year term expiring November 6, 2028.
About Norseman Silver
Norseman Silver’s shares are listed on the TSX Venture Exchange under the symbol NOC and on the OTCQB
under the symbol NOCSF. Learn more about Norseman Silver at www.norsemansilver.com.
For further information, please contact:
Sean Hurd
Chief Executive Officer
T: 604 505-4554
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN
THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS R ESPONSIBILITY FOR THE ADEQUACY OF THIS
RELEASE.
Cautionary Note Regarding Forward‐Looking Statements
The above contains forward‐looking statements that are subject to a number of known and unknown risks, uncertainties and
other factors that may cause actual results to differ materially from those anticipated in our forward‐looking statements. Factors
that could cause such differences include: changes in world commodity markets, equity markets, costs a nd supply of materials
relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward‐looking
statements may be identified by such terms as “beli eves”, “anticipates”, “intends”, “expects”, “estima tes”, “may”, “could”,
“would”, “will”, or “plan”, and similar expressions . Forward‐looking statements in this release includ e, among other things,
statements regarding the issuance and trading of the common shares and business, economic, and political conditions in Canada.
Although these statements are based on information currently available to the Company, the Company pro vides no assurance
that actual results will meet management’s expectat ions. Risks, uncertainties and other factors involv ed with forward‐looking
information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed
or implied by such forward‐looking information. For ward looking information in this news release inclu des, but is not limited to,
the Company’s objectives, goals or future plans, st atements, grants of options, timing of the commence ment of operations and
estimates of market conditions. Factors that could cause actual results to differ materially from such forward‐looking information
include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the
inability to complete a feasibility study which rec ommends a production decision, the preliminary natu re of metallurgical test
results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks,
inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability
and costs of financing needed in the future, change s in equity markets, inflation, changes in exchange rates, fluctuations in
commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the
other risks involved in the mineral exploration and development industry, an inability to predict and counteract the effects of
COVID‐19 on the business of the Company, including but not limited to the effects of COVID‐19 on the price of commodities, capital
market conditions, restriction on labour and international travel and supply chains, and those risks set out in the Company’s public
documents filed on SEDAR. Although the Company beli eves that the assumptions and factors used in prepa ring the forward‐
looking information in this news release are reason able, undue reliance should not be placed on such i nformation, which only
applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames
or at all. The Company disclaims any intention or o bligation to update or revise any forward‐looking i nformation, whether as a
result of new information, future events or otherwise, other than as required by law