/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE
SERVICES OR FOR DISSEMINATION IN
THE UNITED
STATES/
CSG: TSX-V
VANCOUVER, Dec. 3, 2013 /CNW/ - Cosigo Resources Ltd.
(TSX-V: CSG) today announced the appointment of Raymond M. Ashley as Technical Advisor to the
Company.
Mr. Ashley has worked in the exploration
industry for over 25 years both in Canada and around the world. He is a graduate
of McGill University in Montreal with a BSc. in Solid Earth
Geophysics, and has been a Professional Geophysicist with APEGGA
since the 1980's.
Dennis Milburn,
President and CEO of Cosigo stated: "We are delighted to have a
highly respected explorer like Ray join us as a Technical Advisor.
His geophysical expertize, his vast experience, and his impressive
track record of discovery will be great assets to us as we advance
our projects in the Taraira Gold Belt."
From 1990 to 1996, Mr. Ashley was employed with
BHP-Billiton, first in gold and base metal exploration and later in
diamonds. With BHP-Billiton he was a key member of the discovery
team of Ekati, Canada's first
diamond mine, as he held the position of Exploration Manager Canada
Diamonds. From 1996 to 2009 he was VP Exploration for Dia Met
Minerals in exploration for diamonds internationally, COO of Trigon
Exploration Ltd., a public company he co-founded, and VP
Exploration for Diamondex Resources Ltd. He is currently VP
Exploration of Fission Uranium Corp. and a member of the team
responsible for the high grade uranium discovery at Waterbury Lake
and, most recently, the spectacular uranium discovery at Patterson
Lake South in Saskatchewan.
In connection with today's appointment, pursuant
to the terms and conditions of the Company's stock option plan,
Cosigo has granted stock options for the purchase of up to 100,000
common shares in the capital of the Company at a price of
$0.50 for a ten year period.
About Cosigo Resources:
Cosigo Resources Ltd. (TSX-V: CSG) is a Vancouver-based company exploring for gold
deposits in Colombia and
Brazil. Cosigo has assembled a
strong team, well experienced in South
America and in the exploration and mining-finance
industries. The Company's flagship project is its 100% owned
Machado Project in the Taraira Gold Belt of southeastern
Colombia where geological mapping
and geochemical sampling have identified potentially gold-bearing
strata over a strike-length of more than 20 km. Cosigo's ongoing
work on the 9,973 hectare Machado Project is the first modern
exploration program in an area known to have hosted more than 100
historic gold mining operations.
On behalf of the Board of Directors
Cosigo Resources Ltd.
/s/"Dennis Milburn"
President & CEO
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 of this
news release.
SOURCE Cosigo Resources Ltd.