Treasury Metals Inc. Announces VP Projects Appointment
Treasury Metals Inc. Announces VP Projects
Appointment
TSX: TML OTCQX: TSRMF
TORONTO
,
May 5, 2021
/CNW/ -
Treasury Metals Inc.
(TSX: TML) (OTCQX: TSRMF)
("
Treasury
" or the "
Company
") is pleased to announce the appointment of Clinton Swemmer to the
newly created position of Vice President, Projects effective
May 5, 2021
.
Mr. Swemmer brings more than 20 years of Project Delivery experience to his role at Treasury.
Most recently, he was Vice President of Project Delivery,
North America
for Ausenco, an EPC/M
company focused on the metals and mining industry where he managed the teams responsible for
the EPC Awards of the Magino Gold Mine, Las Chispas Mine and Blackwater Gold Mine. He was
also accountable for reviewing all Pre-Feasibility Studies (PFS) and Feasibility Studies (FS)
execution strategies and layouts such as Marathon Gold Mine and Springpole Gold Project.
Previously, he served as Director of Projects, Mining and Minerals for AmecFosterWheeler, where
he was Project Manager for the Kinross Gold Round Mountain and Bald Mountain Projects, was
actively involved in the development of the IAMGOLD Côté Gold Project as well managed the
portfolio for PFS and FS that included the Spring Valley Gold Mine and the Sukhoi Log Gold Mine.
In addition, he previously served as Vice President of Projects for DRA Americas responsible for all
PFS, FS, and Projects in the region that included delivery of the Renard Diamond Mine processing
facility and numerous cold weather coal projects. In this role, he has also been an Independent
Expert for numerous financial institutions involved with projects such as the Gahcho Kue Diamond
Mine and the Brucejack Gold Mine. Prior to that, he spent 10 years in
Africa
developing numerous
studies to World Bank Standards and executing numerous precious metal and base metal projects
including working for LionOre Mining (acquired by Norilsk Nickel) supporting the development of Tati
Nickel Mine in Botswana. Mr. Swemmer holds a First Class Honours Bachelor of Engineering
degree from the University of Hertfordshire, is a Professional Engineer (Pr. Eng) of Ontario and a
member of the Project Management Institute where he is an active PMP member.
"We are excited to bring Clinton on board as we move the Goliath Gold Complex through the
technical studies and progress the project to a construction decision in late 2023," said
Jeremy
Wyeth
, Treasury's President and CEO. "Clinton's vast project experience will be a great addition to
the team that we are building at Treasury Metals. It is valuable to build a team at this stage in the
project development cycle that can take us to the finish line and we believe Clinton's expertise and
experience will be an important addition to Treasury in our goal of developing
Ontario's
next gold
mine."
About Treasury Metals Inc.
Treasury Metals Inc. is a gold focused company with assets in Canada. Treasury's Goliath Gold
Complex ("
GGC
"), which includes the Goliath, Goldlund and Miller projects, is located
in Northwestern Ontario. The GGC projects benefit substantially from excellent access to the Trans-
Canada Highway, related power and rail infrastructure, and close proximity to several communities
including Dryden,
Ontario
. The Company also owns several other projects throughout Canada,
including the Lara Polymetallic Project, Weebigee-Sandy Lake Gold Project JV, and grassroots gold
exploration property Gold Rock.
To view further details about Treasury, please visit the Company's website at
www.treasurymetals.com
.
@TreasuryMetals
Forward-Looking Statements
This release includes certain statements that may be deemed to be "forward-looking statements".
All statements in this release, other than statements of historical facts, that address events or
developments that management of the Company expect, are forward-looking statements. Forward-
looking statements are frequently, but not always, identified by words such as "expects",
"anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential",
"possible", "strategy", "goals", "objectives", or variations thereof or stating that certain actions,
events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the
negative of any of these terms and similar expressions. Actual results or developments may differ
materially from those in forward-looking statements. Treasury disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise, save and except as may be required by applicable securities laws.
Since forward-looking information address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Actual results could differ materially from those currently
anticipated due to a number of factors and risks. These include, but are not limited to, exploration
and production for precious metals; delays or changes in plans with respect to exploration or
development projects or capital expenditures; the uncertainty of resource estimates; health, safety
and environmental risks; worldwide demand for gold and base metals; gold price and other
commodity price and exchange rate fluctuations; environmental risks; competition; incorrect
assessment of the value of acquisitions; ability to access sufficient capital from internal and
external sources; and changes in legislation, including but not limited to tax laws, royalties and
environmental regulations.
Actual results, performance or achievement could differ materially from those expressed in, or
implied by, the forward-looking information and, accordingly, no assurance can be given that any
of the events anticipated by the forward-looking information will transpire or occur, or if any of
them do so, what benefits may be derived therefrom and accordingly, readers are cautioned not to
place undue reliance on the forward-looking information.
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the
TSX) accepts responsibility for the adequacy or accuracy of this release.
SOURCE
Treasury Metals Inc.
View original content:
http://www.newswire.ca/en/releases/archive/May2021/05/c7319.html
%SEDAR: 00027114E
For further information:
Email: [email protected], Jeremy Wyeth, President and CEO, T:
+1 416 214 4654; Orin Baranowsky, CFO, T: +1 416 214 4654
CO: Treasury Metals Inc.
CNW 07:30e 05-MAY-21