Vancouver, BC –Constantine Metals Resources (TSX-V:CEM) (“Constantine” or the “Company”) is pleased to announce the appointment of Naomi Nemeth to the newly-created position of Vice President, Investor Relations. Ms. Nemeth will be responsible for building and maintaining a comprehensive investor relations program, for communicating with both institutional and retail investors globally and for furthering the development of Constantine’s business and growth strategy. Ms. Nemeth will work with senior management to implement an aggressive institutional shareholder outreach program in North America and Europe, will continue Constantine’s ongoing outreach to valued existing and potential new retail shareholders, and will approach non-traditional potential shareholder groups to generate interest in the Constantine success and growth story.
“On behalf of the board and management of Constantine, I would like to welcome Naomi to our team of professionals as we look forward to augmenting our roster of quality shareholders, highlighting our development progress in new investor markets and increasing shareholder value as we progress through our growth strategy,” commented CEO Garfield MacVeigh.
Naomi Nemeth is a seasoned Investor Relations professional with more than 25 years’ experience. Focused on the mining industry for the past 13 years, Ms. Nemeth has worked with companies such as Banro Corporation (gold in the Democratic Republic of the Congo), Coro Mining (copper in Chile), Desert Sun Mining (gold in Brazil), Wolfden Resources (exploration in Ontario), African Copper (gold in Botswana), and Continental Gold (gold in Colombia). In addition, Ms. Nemeth has held senior Investor Relations and Communications roles within the pharmaceutical industry (Biovail, MDS, Glaxo) and the financial services sector (Clarica, Manulife). Ms. Nemeth began her career as a geologist working in the Yukon, Northwest Territories and Ontario and has an undergraduate degree in geology and biology from Brock University and a Master’s degree in journalism from the University of Western Ontario. Ms. Nemeth will be based in Toronto.
About Constantine Metal Resources (CEM:TSX-V)
Constantine is a mineral exploration company led by an experienced and proven technical team with a focus on premier North American mining environments. The Company’s flagship asset is the high grade Palmer Project located in coastal Southeast Alaska, with an Inferred Mineral Resource of 8.1 million tonnes grading 1.41% copper, 5.25% zinc, 0.32 g/t gold and 31.7 g/t silver*. An updated mineral resource estimate is underway that will include the new AG Zone discovery and form the basis of a Preliminary Economic Assessment. The Project is very accessible, just 60 kilometers by road from the year-round deep-sea port of Haines. All work is being advanced under a joint venture between Constantine (51%) and Dowa Metals & Mining Alaska Ltd. (49%), with Constantine as operator.
Constantine also controls a portfolio of high-quality, 100% owned, gold projects that the Company intends to spin out into a separate entity. These include the very high-grade Johnson Tract Au-Ag-Zn-Cu-Pb deposit, located in coastal south-central, Alaska and projects in the Timmins, Ontario gold camp that include the large, well-located Golden Mile property and the Munro Croesus Gold property, which is renowned for its exceptionally high-grade past production. Management is committed to providing shareholder value through discovery, meaningful community engagement, environmental stewardship, and responsible mineral exploration and development activities that support local jobs and businesses.
On Behalf of Constantine Metal Resources Ltd.
For further information, please visit the Constantine Metal Resources website at www.constantinemetals.com, or contact:
Vice President, Investor Relations
Phone: +1 604 629 2348
Garfield MacVeigh, President
Phone: +1 604 629 2348
* 8.125 million tonne inferred resource grading 1.41% copper, 5.25% zinc, 0.32 g/t gold and 31.7 g/t silver. See the Company’s news release date May 11, 2015 and available on www.sedar.com.Resource estimate utilizes an NSR cut-off of US$75/t with assumed metal prices of US$1200/oz for gold, US$18/oz for silver, US$2.75/lb for copper, and US$1.00/lb for zinc, and estimated metal recoveries determined from metallurgical locked cycle flotation tests. An “Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. Confidence in the estimate is insufficient to allow the meaningful application of technical and economic parameters or to enable an evaluation of economic viability worthy of public disclosure.
Darwin Green, VP Exploration for Constantine Metal Resources Ltd. and a qualified person as defined by Canadian National Instrument 43-101 has reviewed and approved the technical information contained in this release.
Forward looking statements: This news release includes certain “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively “forward looking statements”).” Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “forecast”, “expect”, “potential”, “project”, “target”, “schedule”, budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Company’s planned preliminary economic assessment, potential mineralization and geological merits of the Palmer Project, the appointment of the Company’s new vice-president of investor relations, and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.
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