GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M), (OTC:
GFTRF) (the "
Company” or “
Gold’n
Futures”), is pleased to announce that it has
appointed Mr. Stephen Wilkinson as Chief Executive Officer.
Theo Van Der Linde has resigned from his position as Interim CEO
and the Company thanks him for his contribution to the Company and
wishes him the best in his future endeavours.
Mr. Wilkinson M.Sc. (Geology), B.Sc. (Geology),
MBA, is a senior mining executive with more than 40 years of
related experience, having acted as president of numerous resource
companies and Flow Through Investment Funds, corporate director,
research analyst, and business consultant.
Mr. Wilkinson previously was President and Chief
Executive Officer of both Blue Star Gold Corp. and Falcon Gold
Corp. and currently sits on the board of directors of Portofino
Resources Inc. From September 2001 to June 2014, Mr. Wilkinson was
a director, President and CEO of ValGold Resources Ltd.
Prior to June 2014, Mr. Wilkinson was the
Chairman of the board of directors and a director of each of
Centurion Minerals Ltd., NovaDx Ventures Ltd. and of HMZ Metals
Inc. - an international mining and smelting company. Mr. Wilkinson
was also a director of Pacific Stratus Energy Limited, a TSX listed
oil and gas producer.
Mr. Wilkinson has extensive experience in flow
through investment fund management acting as President, CEO and
director of the Contrarian Resource Funds from 2000 to 2003 and the
Canadian Small Cap Resource Funds from 2004 to 2006.
Mr. Wilkinson was a founding director of
Colombia Gold Corp. and sat as an independent director of Bolivar
Gold Corp. and Coalcorp. In addition, he had advised the management
and board of Garson Gold Corp. during its takeover by Alexis
Minerals Corporation in 2010.
Mr. Wilkinson was President and Chief Executive
Officer and a director of Northern Orion Explorations Ltd. from
1999 to 2002, and from 1996 to 1999 he was the Vancouver-based
mining analyst for RBC Dominion Securities Inc., responsible for
small capitalization and gold and base metal companies.
Mr. Wilkinson holds his MBA from Clarkson
University, Potsdam, New York, his M.Sc. (Geology) from Carleton
University and his B.Sc. (Geology) from the University of Western
Ontario. In addition, Mr. Wilkinson sits on the Dean of Science
advisory board at Western University in London, Ontario.
"I am very pleased and excited to have joined
Gold’n Futures as Chief Executive Officer. I am familiar with the
Beardmore – Geraldton gold camp and with the Company’s outstanding
Hercules gold project. I am certain that working with the Gold’n
Futures team we will soon be unlocking its value. I believe this
project is similar in geological environment to Iamgold’s Cote Lake
Deposit which reportedly hosts a 10 million ounce resource in the
Chester Intrusive Complex. I am particularly excited to explore the
upside potential of the Hercules project given its open structural
corridor for 3.6 kilometres, multiple gold zones and a strong
resource factor along with excellent gold metallurgy. I look
forward to working with Gold’n Futures’ current management and
delivering value to its shareholders,” Mr. Wilkinson commented on
his appointment.
Theo Van Der Linde Commented, “I am excited to
have Mr. Wilkinson on board. People build companies, and I am
confident his extensive mining and business experience will meet
and address the challenges ahead; necessary to realize the value of
Hercules!”
Matthew Fish, a current director of the Company,
has been appointed Treasurer.
Walter Hanych, P. Geo. appointed to
Board of Directors
Mr. Hanych, a Professional Geologist registered
in Ontario with over forty years of experience in the exploration
industry from grass-roots projects to advanced mine feasibility
projects, including corporate structure and financing, has been
appointed to the board of directors of the Company. Mr.
Hanych has a broad range of mineral exploration experience in gold,
base metals, nickel, uranium, PGE, and industrial minerals
exploration throughout Canada and internationally. Mr. Hanych has
worked or consulted for major and junior companies, including INCO,
Falconbridge Nickel, and Copper Fox Metals - at their World Class.
Schaft Creek porphyry copper project (Teck Resources/Copper Fox
Metals J.V.). Walter is currently Chief Geologist and director of
Signature Resources Ltd. Signature Resources Ltd (TSX.V: SGU) is a
Canadian gold exploration company with advanced and early
exploration assets.
Mr. Hanych was involved with the team that
initially recognized the Cote Lake deposit (Iamgold Corporation) as
a gold mineralized brecciated intrusive system. Mr. Hanych holds an
Honours Bachelor of Science Degree in geology, (1978), from
Laurentian University. He is a member of the Professional
Geoscientists of Ontario and the Society of Economic
Geologists.
Stock Options
With their appointment as CEO, the company has
granted 500,000 options to Mr Wilkinson and 250,000 options to Mr.
Hanych. All 750,000 options shall have an exercise price of $0.15,
vest immediately and expire two years from the date of
issuance.
Company Update
The Company has commissioned a National
Instrument 43-101 report, which will summarize the historical work
performed on the Hercules property. Once the report is complete,
the Company will begin the compilation and tabling of the
historical data in preparation for constructing a current resource
block model. Structural and geological modelling of the gold zones
will be an integral component of this compilation to identify
domains of gold mineralization. The Company will also undertake a
program of core re-sampling as past sampling intervals were not
consistently extended to the shoulders of a sample or sample
intervals.
To date, the work completed on the property
forms an extensive database, including grab samples; channel
samples; a variety of geophysical surveys; and a drill hole
database that includes historical drilling of 497 holes totalling
106,931 metres. More than 2,000 grab and channel samples were
collected from the property. Significant Zones include the Golden
Mile, Wilkinson Lake, Lucky Strike, Marino and 7 of 9.
Given the advanced nature of the Hercules Gold
Project, the Company has decided to abandon its option on the early
exploration stage Cree Lake Project and focus its resources
exclusively on Hercules.
Qualified Person
The scientific and technical content of this
press release has been prepared, reviewed and approved by Mr.
Walter Hanych, P. Geo., who is a Qualified Person under NI 43-101
regulations and is a consultant of the Company.
About Gold’n Futures Mineral
Corp.
Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE:
G6M) (OTC: GFTRF) is a Canadian based exploration company focused
on advancing its Hercules gold project located in the
Hercules-Elmhurst property. The Project located 120 kilometres
northeast of Thunder Bay, Ont., in the townships of Elmhurst and
Rickaby, within the Thunder Bay North Mining District in the heart
of the Beardmore – Geraldton gold mining camp. The property lies
within an Archean greenstone belt that extends from the Longlac
area in the east to Lake Nipigon in the west, a distance of about
130 kilometres. The property consists of 372 contiguous claim cells
(6,951 hectares). To date, the work completed on the property forms
an extensive database including reconnaissance grab samples;
channel samples; a variety of geophysical surveys; and, a drill
hole database that includes historical drilling totalling about 450
holes. More than a total of 2,000 grab and channel samples were
collected from the property. In the last two field seasons, more
than 150,000 square metres of trenches were developed much of which
have been fully reclaimed.
On behalf of the Board of
Directors
For further information
Matt Fish, Director and Treasurer Phone: 905
781-8786www.goldnfuturesmineralcorp.com
The Canadian Securities Exchange accepts
no responsibility for the adequacy or accuracy of this
release.
This news release may contain forward-looking
statements based on assumptions and judgments of management
regarding future events or results. Such statements are subject to
a variety of risks and uncertainties which could cause actual
events or results to differ materially from those reflected in the
forward-looking statements. There is no assurance the private
placement, property option, change of board or reinstatement of
trading referred to above will close on the terms as stated, or at
all. The Company disclaims any intention or obligation to revise or
update such statements.
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