Crown Mining Advances U.S.‐Based Copper Project Amid Biden’s Executive Order on Critical Minerals Supply Chain
Crown Mining Advances U.S.‐Based Copper Project Amid Biden’s Executive
Order on Critical Minerals Supply Chain
TORONTO, CANADA, March 1, 2021 – Crown Mining Corp., (“ Crown” or the “ Company”) (TSX‐V: CWM,
FSE: C73) would like to report that on February 24th, U.S. President Jo e Biden signed an executive order
aimed at creating more resilient and secure supply chains for critical and essential goods. The order
launches a comprehensive review of U.S. supply chains and direc ts federal departments and agencies to
identify ways to secure U.S. supply chains against a wide range of risks and vulnerabilities.
“This is about making sure the United States can meet every challenge we face in this new era —
pandemics, but also in defense, cybersecurity, climate change, and so much more,” President Biden said.
“And the best way to do that is by protecting and sharpening Am erica’s competitive edge by investing
here at home.”
The order directs an immediate 100‐day review across federal ag encies to address vulnerabilities in the
supply chains of four key products, which includes critical minerals and large capacity batteries for use in
electric vehicles.
Crown is developing the Moonlight‐Superior Project, a historically operated copper mine in California,
located approximately 125 miles from Tesla’s Gigafactory outside Reno, Nevada. President Biden’s
executive order highlights the important role that the Company can play in ensuring the United States has
a secure supply of one of the key metals to achieve its transit ion to a low carbon economy. Copper is a
critical material for everything from renewable power generatio n to electric vehicles. As such, it will be
vital that the U.S. has a strong and viable domestic source of copper supply.
Crown is focused on advancing its Moonlight‐Superior Project to wards the production stage. The
Company hopes to support the United States’ shift to a green future by providing copper to the myriad of
industries involved in the green energy transition.
CEO Steve Dunn commented, “ The entire Crown team is working hard to prepare for this year’ s drilling
program as we advance the project back into production . We are excited about the opportunity to be an
integral supplier of copper metal to the U.S. domestic market.”
About Crown Mining Corp.
Crown controls approximately 13 square miles of patented and un patented federal mining claims in the
Lights Creek Copper District in Plumas County, NE California; e ssentially, the entire District. The District
contains substantial copper (silver) sulfide and copper oxide resources in three deposits – Moonlight,
Superior and Engels, as well as several partially tested and untested exploration targets.
The Superior and Engels Mines o perated from about 1915 to 1930 producing over 161 million pounds of
copper from over 4 million tons of rock containing 2.2% copper with silver and gold credits.
The Moonlight Deposit was discovered and drilled by Placer‐Amex during the 1960s. Details of the
resources on Crown’s property and the parameters used to calculate them can be found in the "Technical
Report and Preliminary Economic Assessment for the Moonlight Deposit, Moonlight‐Superior Copper
Project, California, USA" dated April 12, 2018 on both the comp any’s website at
www.crownminingcorp.com or on www.sedar.com under the Crown Mining Corp profile.
Mr. George Cole is the Qualified Person pursuant to NI 43‐101 r esponsible for the technical information
contained in this news release, and he has reviewed and approved this news release.
For Further Information Contact:
Mr. Stephen Dunn, President, CEO and Director, Crown Mining Corporation (416) 361‐2827 or email
Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
This press release contains forward‐looking statements within the meaning of applicable Canadian and U.S. securities
laws and regulations, including statements regarding the future activities of the Company. Forward‐looking
s t a t e m e n t s r e f l e c t t h e c u r r e n t b e l i e f s a n d e x p e c t a t i o n s o f m a n agement and are identified by the use of words
including “will”, “hopes”, “antici pates”, “expected to”, “plans ”, “planned” and other similar words. Actual results
may differ significantly. The achievement of the results expressed in forward‐looking statements is subject to a
number of risks, including those described in the Company’s man agement discussion and analysis as filed with the
Canadian securities regulatory authorities which are available at www.sedar.com. Investors are cautioned not to
place undue reliance upon forward‐looking statements.