Board Appointments And Property Updates
Vancouver, British Columbia, March 1, 2018 - Rotation Minerals Ltd. (“Rotation” or the “Company”) (TSXV: ROT) is pleased to announce that two experienced mining executives have agreed to join the Company’s board of directors, effective February 28, 2018.
Ernest (Ernie) Mast has over twenty years’ experience in various technical and executive roles in the mining industry, across a wide range of commodities, geographies and development stages. Currently a consultant, he previously held the positions of President and CEO at Primero Mining, VP of Corporate Development at Copper Mountain, VP Operations at New Gold, and President and CEO of Minera Panama, Inmet Mining’s subsidiary, developing the $6B Cobre Panama project. Ernie began his career with Noranda and its affiliates, where he took on roles of increasing responsibility over a 20 year timeframe. Ernie has a Master’s degree in metallurgical engineering from McGill University and also received post-secondary business training at Henley College in the UK and the Universidad Catolica in Chile.
John Williamson is an independent consultant and mining entrepreneur with over thirty years of global experience. He has served as a founder, director or officer of over 20 listed companies in Canada and Australia. He is currently an Officer of Altiplano Resources Ltd. and a Director of Black Sea Copper and Gold Corp. (formerly Alternative Earth Resources Inc.). Throughout his career he has discovered and or evaluated numerous projects through to feasibility and production. Mr. Williamson has a Bachelor of Science, Specialization in Geology, from the University of Alberta, and is a professional geologist registered with the Association of Professional Engineers, Geologists and Geophysicists of Alberta (APEGGA).
To facilitate the addition of these two new directors, Brent Petterson has agreed to step down from the board, but will remain Rotation’s Chief Financial Officer.
Brad Rourke, President and CEO of Rotation stated “We are excited to welcome Ernie and John, two experienced mining professionals, to Rotation’s board of directors. Ernie has already provided the Company with valuable guidance since he joined the advisory board in 2017, and we look forward to John’s contributions to Rotation’s development as it continues to advance the Scottie Gold Mine in 2018. We also thank Brent for his input on Rotation’s board and appreciate his ongoing contribution to the development of the Company as CFO.”
In December of 2017 the Company engaged Equity Exploration Consultants Inc. (“Equity”) to provide Rotation with assistance in its efforts to compile and digitize the many reports and extensive data available on the Scottie Gold Mine. This work is in progress, with Rotation personnel working closely with the Equity team. Rotation expects to receive a preliminary report from Equity within the next few weeks, which will provide input as to the recommended exploration programs to be undertaken during the 2018 field season.
Equity also completed a first pass mapping and sampling program at the 4-J property during the month of November. Results for this program are pending and will influence the Company’s activities at 4-J in 2018.
Brad Rourke added, “Rotation engaged Equity based on their solid technical reputation and experience in the Golden Triangle. Their history in the area and recent experience working on similar projects elsewhere will be invaluable in moving Scottie Gold forward in 2018.”
Ed Kruchkowski, PGeo, a qualified person under National Instrument 43-101, has reviewed the technical information contained in this news release on behalf of the Company. Mr. Kruchkowski is a director of the Company.
The Company owns 100% of the high grade, past-producing, Scottie Gold Mine, located in the heart of the Golden Triangle gold mining district of northwestern BC. Considerable exploration potential remains on the property. Rotation also owns a 100% interest in the Black Hills property, a 100% interest in the Stock property (of which 75% is optioned to Jaxon Minerals Inc.) and the option to earn up to a 70% interest in the 4-J property, all located in the Golden Triangle area of British Columbia.
Further information on Rotation can be found on the Company’s website at www.rotationminerals.com and at www.sedar.com, or by contacting Bradley Rourke, President and CEO at (250) 877-9902.
ON BEHALF OF THE BOARD OF DIRECTORS
President & CEO
FORWARD LOOKING STATEMENTS
This release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.
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