Vancouver, BC / ACCESSWIRE / June 17, 2014
/ FIRESTEEL RESOURCES INC.
(TSX-V: FTR) ("Firesteel" or the
"Company")
today announced the appointment of Grant T. Smith of Clearline
Chartered Accountants as CFO immediately. Mr. Smith replaces Ian
Fodie who has resigned to pursue other interests.
Mr. Smith is the Senior
Partner of Clearline Chartered Accountants since 2009. He has nine
years of public mining audit and reporting experience and over nine
years of public audit and reporting experience for US and Canada.
He currently acts as CFO for several TSX-V public mining companies
with operations in Mexico, U.S.A., Barbados and Canada.
Firesteel at the same time announced the appointment of
Jo-Anne Archbald of DSA Corporate Services as Corporate Secretary.
Ms. Archibald is President of DSA
Corporate Services Inc. ("DSA"), a leading Canadian provider of
corporate secretarial services to public companies listed on the
Toronto Stock Exchange, the TSX Venture Exchange, the CNSX Exchange
and US and overseas exchanges. Prior to joining DSA, Jo-Anne was a
Senior Vice President at TMX Equicom, a wholly-owned subsidiary of
TMX Group Inc. For more information, please visit the DSA website
at www.dsacorp.com.
Michael Heworth President and
CEO of Firesteel said; "Separating the role of CFO and Corporate
Secretary means we can apply a dedicated resource to corporate
governance and ultimately do a better job with this part of our
business, while at the same time bringing in top financial skills
and providing shareholders with quality financial reporting. I wish
to thank Ian Fodie for an excellent job as CFO and wish him every
success in his future endeavours."
About the
Company
Firesteel is an
exploration-stage junior mining company engaged in the acquisition
and exploration of prospective precious and base metal properties
in Canada and stable jurisdictions around the world.
Firesteel currently has two
highly prospective properties in British Colombia.
The ROK Coyote property
is currently under option to OZ Exploration, a wholly owned
subsidiary of OZ Minerals (ASX:OZE). OZ Exploration has the right
to acquire up to 80% of the property in return for spending
$13,000,000 in exploration expenditures and payment of $1,500,000
in cash to Firesteel.
Highlights of the ROK Coyote property
include:
-
- 6,900 Ha of highly prospective large tonnage targets
with known Cu-Au results
- Historical drilling highlights - 38.37 m @ 1.32% Cu,
1.54 g/t Au
- Adjacent to Red Chris Mine development with P&P
Reserves of 302 Mt at 0.359 Cu and 0.274 g/t Au (a 28 year mine
life at 30,000 tpd) Imperial Metals
The Sheslay property
is currently under option to Prosper Gold. (TSX-V: PGX).
Under the terms of this agreement, Prosper has the right to acquire
up to 80% of the property in return for spending $5,000,000 on
exploration and payment of $1,000,000 in cash and 1,000,000 Prosper
Gold shares to Firesteel.
Highlights of the Sheslay property
include:
-
- 6,700 Ha property hosts five significant Cu-Au
targets within close proximity with large tonnage, high grade
potential.
- Star Target - 2013 drilling - 6 holes totaling
2339.74 m, showing mineralization:
-
- SO24 - 312.16 m intersection showing
0.37% Cu, 0.24 g/t Au and 0.69 g/t Ag
- SO25 - 269 m intersection showing
0.42% Cu, 0.198 g/t Au and 0.61 g/t Ag
- SO26 - 263 m intersection showing
0.35% Cu, 0.15 g/t Au and 0.63 g/t Ag
- SO27: - 260 m intersection showing
0.39 % Cu, 0.12 g/t Au, 0.93 g/t Ag
- SO28: - 60 m intersection showing
0.63 % Cu, 0.3 g/t Au,0.91 g/t Ag
- SO29: - 59 m intersection showing
0.53 % Cu, 0.31 g/t Au, 0.94 g/t Ag
- Final hole, shows mineralization
from surface to 598 m
- Largest of the targets is 1,800 m by 750
m.
The Company's management and
board of directors have extensive experience in exploration,
operations, business and corporate finance.
The Company's objective is to
enhance shareholder value as a prospect generator by identifying
and securing early-stage exploration opportunities and developing
them to more advanced stages with the help of joint venture
partners.
The technical information in
this news release has been reviewed by Paul Sarjeant, P.Geo., a
Qualified Person under National Instrument 43-101.
For further information, please contact:
Firesteel Resources Inc.
Michael Hepworth
President and Chief Executive Officer
(647) 725-3793
mhepworth@firesteelresources.com
www.firesteelresources.com
For up to the minute news, industry analysis and feedback
follow us on Facebook,
LinkedIn and
Twitter.
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
release
Advisory Regarding Forward
Looking Statements
This news release contains forward-looking
statements. Users of forward-looking statements are cautioned that
actual results may vary from forward-looking statements contained
herein. Forward-looking statements include, but are not limited to:
expectations, opinions, forecasts, projections and other similar
statements concerning anticipated future events, conditions or
results that are not historical facts. In certain cases,
forward-looking statements can be identified by the use of words such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or statements that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur" or "be
achieved". While the Company has based these forward-looking
statements on its expectations about future events as at the date
those statements were prepared, the statements are not a guarantee
of the Company's future performance. Although the Company believes
that the expectations reflected in such forward-looking statements
are reasonable, it cannot give any assurance that such expectations
will prove to be correct.
The
Company's forward-looking statements are expressly qualified in
their entirety by this cautionary statement and are made as of the
date of this new release. Unless otherwise required by applicable
securities laws, the Company does not intend nor does it undertake
any obligation to update or review any forward-looking statements
to reflect subsequent information, events, results or circumstances
or otherwise.
SOURCE: Firesteel Resources Inc.
Firesteel Resources Inc. (TSXV:FTR)
過去 株価チャート
から 5 2024 まで 6 2024
Firesteel Resources Inc. (TSXV:FTR)
過去 株価チャート
から 6 2023 まで 6 2024