Crown Mining Announces Appointment of Director and Stock Option Grant
CROWN MINING ANNOUNCES APPOINTMENT OF DIRECTOR AND STOCK
OPTION GRANT
TORONTO, CANADA, December 7, 2017 - Crown Mining Corporation (“ Crown” or the
“Company”) (TSX Venture: CWM) is pleased to announce that Peter McRae has been appointed
to the Board of Directors, effective immediately.
Mr. McRae is a Chartered Professional Accountant and a graduate of th e Director’s Education
Program of the Institute of Corporate Directors with an ICD.D designation. He is currently
the Chairman of the board of Freedom Intern ational Brokerage Company, Canada’s largest
inter-dealer broker, and betwee n 1994 and 2015 was the Presiden t and CEO. Mr. McRae was
the Chair of both Ryan Gold Corp. and Corona Gold Corporation until their acquisition by
Osisko Mining Inc. in August 2015. He is also a director and Chair of the audit committee of
both Eco Oro Minerals Corp. and F ounders Advantage Capital Corp.
"We are delighted to have Mr. McRae join our board at this critical juncture," commented
Stephen Dunn, President and CEO of Crown. "M r. McRae brings more solid financial and
mining expertise to Crown as we get ready to complete our preliminary economic assessment on
our 100% controlled Moonlight-Superior Copper Project in Northeast California early next year."
In addition, the Company announces that ince ntive stock options to purchase up to 240,000
common shares of the Company have been granted to various consultants and a director of the
Company pursuant to the Compan y’s stock option plan and subject to any regulatory approval.
Each stock option is exercisable at $0.15 for a period of three years from the grant date.
Crown is focused on advancing its 100% contro lled Moonlight-Superio r Copper Project in
Northeast California which includes 4 known copper deposits.
The Moonlight-Superior Copper Project in North east California includ es four known copper
deposits, three of which host the following National Instrument 43-101 (“NI 43-101”) resources:
Deposit Tonnes Grade Copper
(tons in brackets) (%) (pounds)
Moonlight (Indicated) 146 million (161mm) .324 1.04 billion
Moonlight (Inferred) 88 million (88mm) .282 496 million
Superior (Inferred) 54 million .41 487 million
Engels – oxide (Inferred) 2.5 million 1.05 60 million
Further details of this resour ce can be found in the Technical Report on the Moonlight Copper
Property dated April 12, 2007 and the Technical Re port on the Superior Project dated November
7, 2014 filed on Sedar.com, which al so discloses a historical res ource estimate for the fourth
deposit.
Mr. George Cole is the Qualified Person pursu ant to NI 43-101 responsible for the technical
information contained in this news release, and he has reviewed and approved this news release.
For more information please see the Crown website at www.crownminingcorp.com.
For Further Information Contact:
Mr. Stephen Dunn, President, CE O and Director, Crown Mining Corporation (416) 361-2827 or
email [email protected].
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 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 statements reflect the current beliefs and expectat ions of management and are identified by the use of words
including “will”, “anticipates”, “expected to”, “plans”, “p lanned” 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 manag ement 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.