TORONTO, Nov. 07, 2019 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce the appointment of Bruce Humphrey as a new independent member of its Board of Directors.
Mr. Humphrey is a professional mining engineer with over 45 years experience working in senior management roles with both junior and senior mining companies. As Chairman of Consolidated Thompson Iron Mines Limited, he was instrumental in construction of the $1.2 billion Bloom lake mine project. He was the CEO of Desert Sun Mining and re-developed the Jacobina mine in Brazil back into production and up until its sale to Yamana Gold in 2006.
Mr. Humphrey was the Chief Operating Officer of Goldcorp Inc. from 1998 to 2004 responsible for developing the Red Lake mine into a world class asset. Mr. Humphrey is a former director of Yamana Gold, Rio Alto, B2Gold Corp, Crocodile Gold Corp., Avion Gold and Sulliden Gold Corporation Ltd. He is a member of the Professional Engineers of Ontario.
Scott Moore, President and CEO stated; “We are very excited to have Bruce join our board and strengthen our technical expertise as we continue to advance our Rovina Valley Project. Bruce’s extensive mine operations experience built over 45 years will serve the interests of all shareholders as we continue in this exciting mine building phase.”
Mr. Tom Olesinski has resigned from the board to allow for Mr. Humphrey to join. We would like to thank Tom for his work on the board.
Mr. Humphrey has been awarded 300,000 options in relation to his appointment.
About Euro Sun Mining Inc.
Euro Sun is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley Gold and Copper Project located in west-central Romania. The property hosts 10.11 million gold equivalent ounces (7.05 million ounces of gold grading 0.55 g/t and 1,390 million pounds of copper grading 0.16%*).
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Caution regarding forward-looking information:
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding permitting advancements. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including risks inherent in the mining industry and risks described in the public disclosure of the Company which is available under the profile of the Company on SEDAR atwww.sedar.comand on the Company’s website atwww.eurosunmining.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Source: Euro Sun Mining Inc.
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