Nevada Sunrise Announces Appointment of CFO
Nevada Sunrise Announces Appointment of
CFO
TSX Venture Exchange: NEV
VANCOUVER, BC
,
Jan. 25, 2021
/CNW/ -
Nevada Sunrise Gold Corp. ("Nevada Sunrise",
or the
"
Company
") (TSXV: NEV) is pleased to announce the appointment of
Jonathan Fung
as CFO. He
replaces Michael Sweatman CPA, CA who has served as Interim CFO since
June 2020
. Nevada
Sunrise thanks Michael for his diligent service as Interim CFO. Mr. Sweatman will continue as a
Director and non-executive Chairman.
Jonathan Fung
, CPA provides accounting, financial reporting, and regulatory compliance services to
publicly listed and private companies as a Financial Reporting Manager at ACM Management Inc.
He obtained his Bachelor of Commerce (with Honours) degree in accounting from the
University of
British Columbia
in 2013. Jonathan articled at D&H Group LLP Chartered Professional Accountants
where he provided accounting, assurance, and income taxation services to publicly listed and private
companies. After working in Assurance Services at Ernst & Young LLP, he joined ACM Management
Inc. of
Vancouver, BC
in 2019. Jonathan is a member of the Chartered Professional Accountants of
British Columbia
.
About Nevada Sunrise
Nevada Sunrise is a junior mineral exploration company with a strong technical team based in
Vancouver, BC
,
Canada
, that holds interests in gold, copper, cobalt and lithium exploration projects
located in the
State of Nevada, USA
.
The Company's key gold asset is a 20% interest in a joint venture with New Placer Dome Gold
Corp. (TSXV: NGLD) at the Kinsley Mountain Gold Project near
Wendover
where an extensive
drilling program concluded in late
November 2020
.
Kinsley Mountain
is a Carlin-style gold project hosting a National Instrument 43-101 ("N.I. 43-101")
compliant gold resource consisting of
418,000 indicated ounces of gold grading 2.63
grams/tonne ("g/t") gold (4.95 million tonnes), and 117,000 inferred ounces of gold averaging
1.51 g/t gold (2.44 million tonnes), at cut-off grades ranging from 0.2 to 2.0 g/t gold
1
.
1
Technical Report and updated estimate of mineral resources on the Kinsley Project,
Elko County,
Nevada
, U.S.A., effective
January 15, 2020
and prepared by
Michael M. Gustin
, Ph.D., CPG,
Moira Smith
, Ph.D., P.Geo. and
Gary L. Simmons
, MMSA under New Placer Dome Gold Corp.'s
Issuer Profile on SEDAR (
www.sedar.com
).
Nevada Sunrise has right to earn a 100% interest in the Coronado VMS Project, located
approximately 48 kilometers (30 miles) southeast of
Winnemucca
. The Company owns a 15%
interest in the historic Lovelock Cobalt Mine and the Treasure Box copper property, each located
approximately 150 kilometers (100 miles) east of
Reno
, with Global Energy Metals Corp. (TSXV:
GEMC) holding an 85% participating interest.
Nevada Sunrise owns 100% interests in the Jackson Wash and Gemini lithium projects, both of
which are located in
Esmeralda County
. The Company owns Nevada water right Permit 44411,
located within the Clayton Valley basin near Silver Peak,
Nevada
, and water right Permit 86863 in
the Lida Valley basin.
FORWARD LOOKING STATEMENTS
This release may contain forward
–
looking statements. Forward looking statements are statements
that are not historical facts and are generally, but not always, identified by the words "expects",
"plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar
expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and
include disclosure of anticipated exploration activities. Although the Company 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 may
differ materially from those in forward looking statements. Forward
–
looking statements are based
on the beliefs, estimates and opinions of the Company's management on the date such statements
were made. The Company expressly disclaims any intention or obligation to update or revise any
forward
–
looking statements whether as a result of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of
accuracy of this release. The Securities of Nevada Sunrise Gold Corporation have not been
registered under the United States Securities Act of 1933, as amended, and may not be
offered or sold within
the United States
or to the account or benefit of any U.S. person.
SOURCE
Nevada Sunrise Gold Corporation
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%SEDAR: 00026824E
For further information:
Warren Stanyer, President and Chief Executive Officer, Telephone: (604)
428-8028,
Facsimile:
(604) 684-9365, email: [email protected]
CO: Nevada Sunrise Gold Corporation
CNW 16:22e 25-JAN-21