GR Silver Mining Announces Board Changes
GR Silver Mining Announces Board Changes
VANCOUVER, BC
,
Aug. 6, 2024
/CNW/ -
GR Silver Mining Ltd.
("GR Silver Mining" or the
"Company") (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – today announces several
changes to the Board of Directors of GR Silver Mining as the Company positions itself for resource
growth supported by recent discoveries in the San Marcial Area and the potential development of
the Company's core Plomosas Project.
GR Silver Mining is pleased to welcome two new directors by appointment to its Board of Directors,
Mr.
Brent McFarlane
and Ms.
Jessica van den Akker
, effective
August 12, 2024
.
Mr.
Brent McFarlane
brings over 30 years of experience gained in strategic planning, project
development construction and operations of large mining projects in
Latin America
as a mining
engineer. His project development and management, engineering, and financial skills delivered highly
profitable results, while demanding the highest safety and environmental standards. Most recently,
he has focused on high-level evaluations of metals projects worldwide and performed due diligence
and extended operational audits of producing mines for various clients. As Vice President,
Operations for SilverCrest Mines, Mr. McFarlane successfully turned around and expanded the
flagship
Santa Elena Mine
, doubling silver production and tripling gold production. He launched and
managed the
$85 million
mine expansion, transitioning
Santa Elena
from an open-pit, heap leach
operation to an underground, 3000-tpd CCD milling circuit within budget. More recently, at
SilverCrest Metals' Las Chispas Project, he managed initial underground development and
successfully met development targets under budget and significantly ahead of schedule. Mr.
McFarlane earned a BS in Mining Engineering at the
University of Arizona
.
Mr. McFarlane commented, "I am really excited to join the GR Silver Mining Board of Directors and
look forward to working with and supporting the GR Silver Mining team to fully unlock the value of
the San Marcial Area and the Plomosas Project. Having recently visited the Mexican assets, I am
very impressed by the excellent technical work done to date by GR Silver Mining and their
management team in
Mexico
. I have seen very few projects at this stage that already have the
management expertise and experience in-place to successfully maximize the overall project value in
subsequent phases, while fully understanding how critical it is to maintain the high ESG standards
that GR Silver Mining has established in
Mexico
."
Ms.
Jessica Van Den Akker
is a Chartered Professional Accountant (CPA, CA) with over 18 years
of experience in the resource sector. She gained extensive experience through one of the largest
public company auditors in
Canada
. Work with significant clients included planning, staffing and
executing projects, as well as managing client relationships. She is proficient in multiple reporting
frameworks and auditing standards in
Canada
,
the United States
, and internationally. She had key
advisory roles on complex issues including deferred taxes, consolidations, business combinations
and derivatives. More recently, Ms.
Van Den Akker's
career has evolved to include public company
CFO, Corporate Secretary and VP Finance roles, as well as several independent board
memberships and chairs of board audit committees. She has maneuvered companies through the
regulatory landscape and established guidelines, policies and best practices for regulatory markets,
operations and financial reporting. Ms.
Van Den Akker
is a graduate of
Simon Fraser University
where she received a Bachelor of Business Administration.
Ms.
Van Den Akker
added, "I am thrilled to join the GR Silver Board of Directors. Management has
executed an impressive transformation of the Company over the past year. I look forward to bringing
my expertise to the team and working together as we continue to build on their current success."
The Company has accepted the resignation of Mr. Fernando Berdegué de Cima from its Board
effective
August 12
as he focuses on his other business interests in
Mexico
. Mr. Berdegué joined the
Company's Board in
July 2023
as an independent director.
CEO and Chair of the Board of Directors
Eric Zaunscherb
, stated, "On behalf of the Board of
Directors, the management, and the Company's shareholders, we are excited to welcome the
addition of Brent and Jessica to the Board team. Brent brings exceptional project development and
mining operational experience with Mexican mining context, while Jessica brings to bear essential
regulatory and capital markets insights. We are very proud and appreciative that they have agreed
to join our board as we take GR Silver Mining to the next level." He continued, "On behalf of all of us,
I wish to extend heartfelt thanks to Fernando. Fernando joined the Board at a particularly difficult
time for the Company and has provided excellent support and advice throughout his tenure. We wish
him good fortune in his future endeavours."
About GR Silver Mining Ltd
.
GR Silver Mining is a Canadian-based,
Mexico
-focused junior mineral exploration company engaged
in cost effective silver-gold resource expansion on its 100%-owned assets, located on the eastern
edge of the Rosario Mining District, in the southeast of Sinaloa State,
Mexico
. GR Silver Mining
controls 100% of the former Plomosas underground mine within the Plomosas Project, which
includes the integrated San Marcial Area. In conjunction with a portfolio of early to advanced stage
exploration targets, the Company holds 78 km
2
of highly prospective core concessions and an
additional 270 km
2
of non-core concessions.
GR Silver Mining Ltd.
Eric Zaunscherb, Chair & CEO
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking statements" within the meaning of applicable
Canadian securities legislation and information that are based on the beliefs of management and
reflect the Company's current expectations. When used in this press release, the words "estimate",
"project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the
negative of these words or such variations thereon or comparable terminology are intended to
identify forward-looking statements and information. Such statements and information reflect the
current view of the Company. Risks and uncertainties may cause actual results to differ materially
from those contemplated in those forward-looking statements and information. By their nature,
forward-looking statements involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or other future events, to be
materially different from any future results, performance or achievements expressed or implied by
such forward-looking statements.
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 press release.
SOURCE
GR Silver Mining Ltd.
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For further information:
For further information, please contact: Eric Zaunscherb, Telephone:
+1.647.293.8457, Email: [email protected]
CO: GR Silver Mining Ltd.
CNW 07:58e 06-AUG-24