Stratabound Minerals Announces Key Management Changes and New Technical Advisory Council
Stratabound Minerals Announces Key
Management Changes and New Technical
Advisory Council
Toronto, Ontario--(Newsfile Corp. - January 17, 2022) - Stratabound Minerals Corp. (TSXV: SB)
(OTCQB: SBMIF)
("Stratabound" or the "Company") has significantly expanded its portfolio of North
American gold mining assets and is undertaking a transformation into a near-term gold producer through
its recent acquisition of the advanced-stage Fremont Gold Project in the Mother Lode Gold Belt of
California.
As such, the Company announced today several changes to the board, management and
appointments to the technical team that will support that transition.
Retirements
Mr. Terrence Byberg and Mr. Mike Robb P.E. have announced their respective retirements from the
Board of Directors.
Mr. Byberg has also announced his retirement as Executive Vice President of the
Company. Both gentlemen will continue to serve and support the Company in its growth forward as
Senior Technical Advisors.
Ms. Christina Wu CPA, CGA has stepped down as Chief Financial Officer.
The Company is extremely grateful for the support and contributions of all three during these critical past
growth years.
The Company's Board of Directors is more than sufficiently served with the remaining five independent
and two executive non-independent Directors complimented by the new appointees announced below.
Management Appointments:
The Company is pleased to announce the appointments of Mr. Gary Nassif as Senior Vice President,
Mr. Brendan Blair as Chief Financial Officer and Corporate Secretary, and Ms. Mary Anderson as
Exploration Manager.
Mr. Gary Nassif, P.Geo., M.Sc., - Senior Vice President
is a professional geologist with over
twenty-five years' experience in gold, base-metal and diamond exploration in Canada, United
States and sub-Saharan Africa. He was Senior Vice President of Sprott Mining's Jerritt Canyon
Gold during its successful turnaround, re-start, operations and production up until its sale to First
Majestic Silver in 2021.
He is also President & CEO of Argentum Silver Corp. and a Director of
Inventus Mining and Warrior Gold. He was previously Manager of Exploration Services for several
juniors including Trelawney Mining & Exploration prior to its sale to IAMGOLD for $608 million in
2012. He holds an M.Sc. in Geology (McGill University), a B.Sc. in Geology (Concordia University)
and a Certificate in Mining Law from Osgoode Hall.
Mr. Nassif has been a Director of Stratabound
since May 2020.
Mr. Brendan Blair, B. Mgt, CPA, CA - Chief Financial Officer and Corporate Secretary
has
over fifteen years' experience in professional accountancy firms including four years as a Partner
of LNS Chartered Professional Accountants.
He has a strong background in corporate
governance, accounting standards, controls and audit requirements, regulatory and tax
compliance, and cash management, amongst other duties, with a focus on assisting public mining
companies in Canada. He currently sits on the Audit and Assurance Standards Board as one of
twelve Board Members responsible for setting audit and related services standards across
Canada. Mr. Blair also serves as the Chair of the Audit and Finance Committee and Treasurer of
Carya, a not-for-profit organization.
Ms. Mary Anderson, P.Geo. - Exploration Manager
has fourteen years of experience including
nine years as a Project Geologist in exploration followed by positions as a Mine Geologist in both
underground and open pit mines.
She has also graduated with honours from the Business
Administration program at Saskatoon Business College.
Ms. Andersons' experience includes
operational management in gold and potash mine operations, as well as diamond drill project
planning, supervision, and interpretation of results. She also has a broad cross-discipline
experience from early exploration target definition through to compilation and integration of
historical, geochemical, geophysical, and geological information to mine operating skills including
supervision, resource modelling, grade control and short- and long-term mine planning.
New Technical Advisory Council Appointments:
The Company is pleased to announce the appointments of several highly regarded industry
professionals to our new Technical Advisory Council that will assist and advise the Company in
achieving its goals.
The following appointees are engaged under independent, non-retainer/as-required
basis, consulting agreements with Stratabound:
Mr. Keith Boyle, B.Sc., MBA, P.Eng
is a mining engineer with over 37 years of international
mining experience including 14 years as a Chief Operating Officer for junior mining companies
where he has successfully led these organizations through the stages of feasibility, mine
development, and successful operations while increasing and upgrading mineral resources,
optimizing efficiencies and increasing net present value.
In his early career Mr. Boyle held
progressive positions with Cominco Ltd (now Teck), Aur Resources Inc, Placer Dome Ltd, Inco
Ltd, and Dynatec Corp, before assuming his senior executive positions.
Mr. Boyle's specific focus will be on bringing the company's advanced-stage flagship Fremont
Gold Project through to production.
Mr. David Cochrane, P. Geo., C. Eng. Geo
is a California-based applied earth science,
environmental, health and safety professional with over 30 years of consulting, management,
executive, and operations experience in mining, engineering, environmental services and land
development.
Most recently, Mr. Cochrane served as VP of Environment, Health and Safety (EHS)
for Sutter Gold Mining Inc., including obtaining and compliance with all required project approvals
and permits at its flagship Lincoln Mine, located about 100 miles north of the Stratabound's new
Fremont Gold Project.
Previous to that Mr. Cochrane was the Managing Associate responsible for
Golder Associates, Inc, and served in several positions of progressive responsibility for Norcal
Waste Systems, Inc (now Recology) including Vice President of Facilities, Development and
Technical Services in California and the Western United States.
Mr. Cochrane's specific focus will be providing guidance on permitting the Fremont Gold Project
towards production approval.
Mr. Eric Moeller, B. Sci., P.Geo.
is also a California-based mining and exploration professional
with over 40 years of international surface/underground mining, exploration, project and operational
management experience.
His past experience includes Chief Operating Officer for California Gold
Mining Inc. and founder, board member, and President of Northern Gold Mining Inc. as well as
other executive positions in many private companies.
More recently he founded Nanoparticle
Consultancy LLC in 2003 to provide superior technical and operational experience in mining and
geology.
Most significantly, as the former Chief Operating Officer for California Gold Mining Inc., Mr. Moeller
has extensive intimate knowledge of the Fremont Gold Project, providing oversight on past
exploration, mine development and permitting.
Mr. Michael Gross, MS, P.Geo.
has over 50 years of international experience in exploration, mine
operations, mine management, corporate management, due diligence, greenfield start-ups and
turnarounds. He has served in the positions of Chief Operating Officer for United Silver
Corporation and Atlas Mining Corporation; as VP Operations for Royal Oak Mines, Exall
Resources; and as VP Exploration for Northern Gold Mining, Freegold Ventures, and Nayarit Gold.
In his early career Mr. Gross progressed from Mine Geologist for Hecla Mining Company to
Manager, Metal Mining Division.
Mr. Gross's specific areas of expertise lie in mine development,
permitting and construction, specializing in turnaround situations with a strong focus in US
jurisdictions.
Mr. Arthur Hamilton, B.Sc., P.Geo.
has over 38 years of broad-based geological experience
including mineral exploration, mine feasibility, start-up, production and management principally in
the province of New Brunswick, Canada. His experience includes many years of exploration in
increasing leadership roles with Brunswick Mining and Smelting culminating as the Chief Mine
Geologist for Noranda Inc. Heath Steele Division, Regional Exploration Manager for Blue Note
Mining, and Director of Exploration for GeovenCap Inc.
Mr. Hamilton's area of expertise is
focussed on the Company's New Brunswick McIntyre Brook Gold and the Captain/CNE Copper-
Cobalt-Gold projects.
Mr. Terrence Byberg - Senior Advisor
has over 50 years of international and public company
experience in mine management, production and operations. Mr. Byberg has previously served in
the roles of President, CEO and Executive Vice President of Stratabound Minerals Corp., Founder
and VP of Chieftain Metals, Inc., Founder, President and CEO of Silver Eagle Mines, Inc,
President and COO of Philippine Gold; as General Manager for Exall Resources, TVX Gold and
Royal Oak Mines Inc. Mr. Byberg progressively advanced his early career from miner, to shift boss,
to Production Superintendent with the Dome Group before assuming his many years as a senior
mining executive.
Mr. Byberg has served as a Director of Stratabound since 2015.
Mr. R. M. (Mike) Robb, P.E. - Senior Advisor
:
is a Registered Professional Engineer in Arizona,
Nevada, Maine and New Mexico with 46 years of international mining experience, with an
extensive background in the areas of management, design, construction and operations. He was
VP of Development for Silver Standard Resources, VP of Mina Magistral (Queenstake), and
served as Director of Operations (Mexico) for Eldorado Gold. In addition to the US and Mexico, he
has been responsible for operations in Panama, Columbia and Argentina.
Mr. Robb is currently an
international Independent Consulting Engineer. He is also a Member of the PE Exam Committee
of the Society of Mining Engineers, a registered member of the SME, author of nine technical
papers, and co-author of one patent and one reference book. Mr. Robb is a Retired Colonel
USMC Reserve and a Vietnam War veteran. Mr. Robb has served as Director of Stratabound
since 2015.
Mr. R. Kim Tyler, President and CEO of the Company stated, "We are extremely pleased to welcome all
these new appointees to the Stratabound team.
2021 was a transformational year with the acquisition of
the Fremont Gold Project and its NI 43-101 Mineral Resource estimate of 526,000 ounces of gold in the
Indicated, plus 452,000 ounces of gold in the Inferred Mineral Resource categories, respectively.
We
have a lot of exciting work to do and have now assembled a top-tier team of mining and exploration
professionals to help build and execute on a mine development plan while growing ounces at Fremont,
as well as guide and advance development on our other early-stage exploration projects in Canada."
"We are also grateful to those who are departing their various roles and taking up new ones. We are
pleased that Terry Byberg's and Mike Robb's tremendous experience, credentials and quality of
character will remain with us as Senior Advisors on the new Technical Advisory Council.
The Company
is equally grateful for Christina Wu's service and wishes her the very best success going forward."
ABOUT STRATABOUND
Stratabound Minerals Corp. is a Canadian mineral exploration and development company that is
developing its advanced-stage flagship Fremont Gold Project in the Mother Lode Gold Belt of California.
The Project includes the Pine Tree/Josephine Deposit hosting an NI 43-101 Mineral Resource estimate
of 526,000 ounces at an average grade of 1.60 g/t Au in the Indicated, plus 452,000 ounces at an
average grade of 1.29 g/t Au in the Inferred Mineral Resource categories, respectively. Additionally,
Fremont also hosts three undeveloped gold occurrences across four kilometres of strike along the
prolific Mother Lode Gold Belt.
(See Stratabound press release of Oct. 15, 2021).
The Company is also advancing its pipeline of other early-stage gold exploration projects including the
Golden Culvert, YT, McIntyre Brook, NB, and Dingman, ON, gold projects in Canada. Additionally, the
Company holds a significant land position in the Bathurst camp of New Brunswick that hosts three base
metals deposits including the Captain Copper-Cobalt-Gold Deposit with a Measured and Indicated
Resource prepared following CIM (2014) Definition Standards.
Mr. R. Kim Tyler, P.Geo., President and CEO of Stratabound, and a "Qualified Person" for the purpose
of NI 43-101, has reviewed and approved the contents and technical information of this news release.
For more information, please visit the company's website at
www.stratabound.ca
or contact: R. Kim
Tyler, President and CEO 416-915-4157
.
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.
WARNING: The Company relies upon litigation protection for "forward-looking" statements. The
information in this release may contain forward-looking information under applicable securities laws.
This forward-looking information is subject to known and unknown risks, uncertainties and other factors
that may cause actual results to differ materially from those implied by the forward-looking information.
Factors that may cause actual results to vary materially include, but are not limited to, inaccurate
assumptions concerning the exploration for and development of mineral deposits, currency fluctuations,
unanticipated operational or technical difficulties, changes in laws or regulations, failure to obtain
regulatory, exchange or shareholder approval, the risks of obtaining necessary licenses and permits,
changes in general economic conditions or conditions in the financial markets and the inability to raise
additional financing. Readers are cautioned not to place undue reliance on this forward-looking
information. The Company does not assume the obligation to revise or update this forward-looking
information after the date of this release or to revise such information to reflect the occurrence of future
unanticipated events, except as may be required under applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/110395