/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
VANCOUVER, Dec. 3, 2013 /CNW/ - Cosigo Resources Ltd. (TSX-V: CSG) today
announced the appointment of Raymond M. Ashley as Technical Advisor to
Mr. Ashley has worked in the exploration industry for over 25 years both
in Canada and around the world. He is a graduate of McGill University
in Montreal with a BSc. in Solid Earth Geophysics, and has been a
Professional Geophysicist with APEGGA since the 1980's.
Dennis Milburn, President and CEO of Cosigo stated: "We are delighted to have a highly respected explorer like Ray join us
as a Technical Advisor. His geophysical expertize, his vast experience,
and his impressive track record of discovery will be great assets to us
as we advance our projects in the Taraira Gold Belt."
From 1990 to 1996, Mr. Ashley was employed with BHP-Billiton, first in
gold and base metal exploration and later in diamonds. With
BHP-Billiton he was a key member of the discovery team of Ekati,
Canada's first diamond mine, as he held the position of Exploration
Manager Canada Diamonds. From 1996 to 2009 he was VP Exploration for
Dia Met Minerals in exploration for diamonds internationally, COO of
Trigon Exploration Ltd., a public company he co-founded, and VP
Exploration for Diamondex Resources Ltd. He is currently VP Exploration
of Fission Uranium Corp. and a member of the team responsible for the
high grade uranium discovery at Waterbury Lake and, most recently, the
spectacular uranium discovery at Patterson Lake South in Saskatchewan.
In connection with today's appointment, pursuant to the terms and
conditions of the Company's stock option plan, Cosigo has granted stock
options for the purchase of up to 100,000 common shares in the capital
of the Company at a price of $0.50 for a ten year period.
About Cosigo Resources:
Cosigo Resources Ltd. (TSX-V: CSG) is a Vancouver-based company
exploring for gold deposits in Colombia and Brazil. Cosigo has
assembled a strong team, well experienced in South America and in the
exploration and mining-finance industries. The Company's flagship
project is its 100% owned Machado Project in the Taraira Gold Belt of
southeastern Colombia where geological mapping and geochemical sampling
have identified potentially gold-bearing strata over a strike-length of
more than 20 km. Cosigo's ongoing work on the 9,973 hectare Machado
Project is the first modern exploration program in an area known to
have hosted more than 100 historic gold mining operations.
On behalf of the Board of Directors
Cosigo Resources Ltd.
President & CEO
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 of this news release.
SOURCE: Cosigo Resources Ltd.
For further information:
Barry Holmes, VP Corporate Development
Toll-free: 1-877-866-8688 (North America)