Finlay Minerals Ltd. Announces Changes to the Board of Directors
Finlay Minerals Ltd. Announces Changes to the
Board of Directors
VANCOUVER
,
May 22, 2019
/CNW/ -
Finlay Minerals Ltd. (TSXV: FYL)
(the "Company")
announces the appointment of
Alvin Jackson
as Director, effective
May 21, 2019
, and the retirement
of
James Tutton
as Director effective
May 16, 2019
.
The Company would like to thank Mr. Tutton for his long service as Director, and formerly as Chief
Financial Officer, and wishes him the very best.
The Company welcomes Mr.
Alvin Jackson
as an Independent Director of the Company. Mr.
Jackson has over 40 years of worldwide experience in mineral exploration and development. During
his career, he has been directly involved with the exploration drilling and pre-feasibility studies on two
major gold deposits: Detour Lake in
Ontario
and
Golden Cross
in
New Zealand
, and one porphyry
copper deposit: Huckleberry in
British Columbia
- all of which subsequently became producers. His
experience includes work as an Exploration Manager for Cyprus Minerals Canada from 1989 to
1992 and serving as President and CEO/COO of Eurozinc Mining between 1999 to 2005 where he
directed that company in its acquisition of the Aljustrel and Neves Corvo zinc and copper mines in
Portugal. Eurozinc subsequently grew to a market capitalization of over
$1.5 billion
before merging
with Lundin Mining. Currently, Mr. Jackson serves as Director and Vice President, Exploration and
Development of Freegold Ventures as well as a director of Canasil Resources and International
Samuel Exploration.
Robert Brown
, President and CEO of the Company states:
"
I am very pleased that
Alvin Jackson
has joined our Board of Directors. Mr. Jackson has
an excellent geological and exploration company business background which will be
invaluable going forward with the Company's projects
."
About Finlay Minerals Ltd.
Finlay is a TSX Venture Exchange company focused on exploration for base and precious metal
deposits in northern
British Columbia
. The Company's properties are:
the
Silver Hope
Property which includes porphyry copper-molybdenum mineralization
discovered in 2010, along with three silver-copper mineralized zones, in a contiguous trend with
the mined-out deposits of the former Equity Silver Mine (71 million oz. silver, 185 million lbs.
copper and 508,000 oz. gold;
Reference:
http://minfile.gov.bc.ca/Summary.aspx?minfilno=093L++001
).
The Silver Hope Property
surrounds the former Equity Silver Mine;
the
ATTY
Property which is contiguous to the north side of the Kemess East deposit and
adjacent to the Kemess Underground deposit of Centerra Gold Inc. and which was recently
optioned to Serengeti Resources (
Finlay NR 01-18 dated
March 5, 2018
), and
the
PIL
Property, which is adjacent to Sable Resource's Baker Mine, has nine known
mineralized zones including the recently discovered and expanded Pillar East gold-silver
structural system. The Company is focused on the discovery of copper-gold-molybdenum
porphyry systems on the PIL Property.
Finlay Minerals Ltd. trades under the symbol "FYL" on the TSX Venture Exchange. For further
information and details please visit the Company's website at
www.finlayminerals.com
On behalf of the Board of Directors,
Robert F. Brown
, P. Eng.
President & CEO
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.
Forward-Looking Information:
This news release includes certain "forward-looking information"
and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of
applicable Canadian securities legislation. All statements in this news release that address events
or developments that we expect to occur in the future are forward-looking statements. Forward-
looking statements are statements that are not historical facts and are generally, although not
always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential",
"schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their
negative connotations, or that events or conditions "will", "would", "may", "could", "should" or
"might" occur. All such
forward-looking statements are based on the opinions and estimates of
management as of the date such statements are made. Forward-looking statements in this news
release include statements regarding, among others, the exploration plans for the Company's
properties. Although Finlay believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those forward-looking
statements. Factors that could cause actual results to differ materially from those in forward-
looking statements include market prices, exploration successes, and continued availability of
capital and financing and general economic, market or business conditions. These forward-looking
statements are based on a number of assumptions including, among other things, assumptions
regarding general business and economic conditions, the timing and receipt of regulatory and
governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other
regulatory requirements in a timely manner, the availability of financing for Finlay's proposed
transactions and programs on reasonable terms, and the ability of third party service providers to
deliver services in a timely manner. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments may differ materially from
those projected in the forward-looking statements. Finlay does not assume any obligation to update
or revise its forward-looking statements, whether as a result of new information, future or
otherwise, except as required by applicable law.
SOURCE
Finlay Minerals Ltd.
View original content:
http://www.newswire.ca/en/releases/archive/May2019/22/c8260.html
%SEDAR: 00018019E
For further information:
Finlay Minerals Ltd., John Barakso, Chairman of the Board, Tel: 604-684-
3099, [email protected]
CO: Finlay Minerals Ltd.
CNW 08:30e 22-MAY-19