Deep-South Resources Appoints Crane Ridge as Technical and Financial Advisors
Suite 162, 2912 West Broadway, Vancouver, British Columbia, V6K 0E9
Tel : 604-340-0140. E-mail : [email protected]
Web site: http://www.deepsouthresources.com
DEEP-SOUTH RESOURCES APPOINTS CRANE RIDGE AS TECHNICAL
AND FINANCIAL ADVISORS
Vancouver, B.C., Canada – October 21, 2019 – Deep-South Resources Inc. ("Deep-
South" or “the Company") (TSX-V: DSM) announces that it has appointed Crane Ridge
Investments (Pty) Ltd (“Crane Ridge”) of Botswana with the mandate to review and
analyze all the data and reports of the Haib Copper project in Namibia and to propose
further exploration and development programs in order to design the path forward for the
advancement of the project to feasibility study.
Crane Ridge is a collaboration of Consulting Engineers, Geologist s and Project
Specialists and Managers providing Advisory and Consulting services to Mining and
Infrastructure projects. Each service is tailored to be the application of the best available
skills applied in a cost competitive manner, allowing projects to achieve their objectives
quickly and effectively. With years of experience, Crane Ridge will examine the project
against its peers, compare the maturity and development of its data and opportunities
therein and define the road map to full execution. This m ay be in the form of staged
processes or dynamic opportunity engagement. Crane Ridge identifies projects whereby
the application of their expertise they are able to assist the client to Unlock significant
Value increase via these processes. Crane Ridge services can be found at : www.crane-
ridge.com
Pierre Léveillé President & CEO of Deep-South as commented: “We are pleased to have
Crane Ridge on board. Their vast and diversified expertise and their knowledge of the
mining industry and capital markets will be highly beneficial to Deep-South.”
Ongoing Mintek metallurgical test work
Six - 1 metre columns are currently being run on a bio-assisted heap leach test work
program at Mintek on -4.7 mm, -3.35 mm and -2.36 mm mineralized material. The
copper leaching recovery is progressing ahead of expectation. It is important to note that
the expected leaching time period in columns is longer than in stirred tanks. Results will
be disclosed to our shareholders upon receipt.
About Deep-South Resources Inc.
Deep-South Resources Inc. is a mineral exploration company largely held by
Namibian shareholders and Management with 25% and Teck Resources Ltd with
28% of Deep-South share capital. Deep-South currently holds 100% of the Haib
Copper project in Namibia, one of the largest copper porphyry deposits in Africa.
Deep-South’s growth strategy is to focus on the exploration and development of
quality assets, in significant mineralized zones, close to infrastructure, in stable
countries.
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.