Deep-South Appoints Dr Martinez Bellange as Special Advisor ON Bio Leaching
Suite 888, 700 West Georgia, Vancouver, British Columbia, V7Y 1G5
Tel: +1-819-340-0140. E-mail: [email protected]
Web site: http://www.deepsouthresources.com
DEEP-SOUTH APPOINTS DR MARTINEZ BELLANGE AS SPECIAL
ADVISOR ON BIO LEACHING
Vancouver, B.C., Canada – May 20, 2021 – Deep-South Resources Inc. ("Deep-South"
or “the Company") (TSX-V: DSM) today announced that it has appointed Dr. Patricio
Martinez Bellange as a Special Advisor on bio assisted leaching and mining. Dr. Martinez
was Director of Hydrometallurgical and Biotechnological Processes at CodelcoTech, a
technological subsidiary of Codelco, the largest copper mining company in the world.
Dr. Martinez stated, “I am pleased to join Deep-South and have the opportunity to
work with Deep-South’s team on the development of this great project”.
Pierre Leveille, President & CEO of Deep -South stated, "We are delighted to
welcome Dr. Martinez to advance the development of the Haib Copper project. His
vast expertise and experience in bio leaching and bio mining is a great addition to
our team and without any doubt will be a great benefit to the Company as we
advance the development of the project.”
Dr. Martinez is a biologist with a Doctorate in Biological Sciences.. He has been involved
in the research and development of the next generation bio leaching technology used by
Codelco. He has also been Executive Director of the Sustainable Tailings program of
CORFO, which is partially funded by Codelco. The program was focus ed on bio
technological recovery of value elements from secondary resources. He is a former
Industrial Researcher and Project Manager at BioSigma S.A., a joint-venture where he
participated in the research and development of the bio leaching first technology used by
Codelco. Dr. Martinez has been involved in other research programs on bio leaching of
low grade sulfides. During his career he authored or co-authored 12 scientific publications.
He has been co-author of one book on the study of Acidophiles and one book on
Biomining, which is soon to be published. Dr. Martinez has also been the author of five
patents related to biotechnology and bio leaching process technologies. He has served
five research stays in universities in the USA, France and Japan. Dr. Martinez holds a
bachelor in biology from the Catholic University of Valparaiso in Chile, a PhD in biological
sciences from the Pontifical Catholic University of Chile and a Diploma in Management of
Innovation and Technology from the University of Notre Dame in Indiana, USA as well as
the University Alberto Hurtado in Santiago, Chile. Dr. Martinez is currently a visiting
professor in the International Master of Science in Sustainable and Innovative Natural
Resource Management (SINReM), Freiberg University (TUBAF) in Germany.
About Deep-South Resources Inc
Deep-South Resources is a mineral exploration and development company. Deep-South
holds 100% of the Haib Copper deposit in the south of Namibia. Haib is one of the largest
undeveloped copper deposits in Africa.
The recent preliminary economic assessment showed that at a price of copper of $3.00 /
lb, it generates an after-tax NPV of $950 million and an after-tax IRR of 30%.
At $4.00 / lb, it generates an after-tax NPV of $1,650 million and an after-tax IRR of 42%.
(See the press release here: https://www.deepsouthresources.com/investors/news-
releases/deep-south-pea-update-returns-singnificantly-improved-economics/ )
Deep-South growth strategy is to focus on the exploration and development of quality
assets in significant mineralized trends and close to infrastructures in stable countries. In
using and assessing environmental friendly technologies in the development of its copper
project, Deep-South embraces the green revolution.
This press release contains certain "forward-looking statements," as identified in Deep- South’s periodic
filings with Canadian Securities Regulators that involve a number of risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such 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
release.
More information is available by contacting Pierre Léveillé, President & CEO at
+1-819-340-0140 or at: [email protected] or
Paradox Public Relations at +1-514-341-0408.