TORONTO, April 1, 2015 /CNW/ - GPM Metals Inc. (TSXV:GPM) (the "Company") announces it has renewed 40 staked claims of the Rory Claim group until October 3, 2020 with the Mining Recorder, Whitehorse Mining District, Yukon Territory.
The project consists of the 100% interest in the 40 contiguous claim units covering approximately 631 hectares.
The staked ground is located contiguous and south of the Wellgreen Platinum PGM and Nickel Project.
Part of this claim group is traversing the general NW-SE trend of the Kluane Mafic-Ultramafic complex. It contains magnetic and bedrock conductive anomalies detected by an airborne DIGHEM survey commissioned by the Company in 2008.
ABOUT GPM METALS
GPM METALS is a Canadian based mineral exploration and development Company, with offices in Toronto, Ontario and Brisbane, Queensland.
The Company's board of directors, management and exploration personnel have demonstrable skills in all aspects of mineral development; from grass roots exploration to capital markets and mine builds globally.
The Company treasury is well funded going forward; and has a strong shareholder base. Management and insiders hold approximately 30% of outstanding shares.
All scientific and technical information in this press release has been prepared under the supervision of Dan Noone, (Vice President Exploration, Director) a "qualified person" within the meaning of National Instrument 43-101. Mr. Noone (B.Sc Geology, MBA) is a member of the Australian Institute of Mines and Metallurgy.
Neither 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.
FORWARD LOOKING STATEMENTS
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These statements, including statements regarding the Rory Claim group, relate to future events or future performance and reflect the Company's expectations regarding the future growth, results of operations, business prospects and opportunities. In some cases forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates, metallurgical test results and that resource potential will be achieved on exploration projects, currency fluctuations, dependence upon regulatory approvals, political risk, and the uncertainty of obtaining additional financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities.
SOURCE GPM Metals Inc.
For further information: GPM Metals Inc., Att: John Patrick Sheridan, CEO, Suite 301 - 141 Adelaide Street West, Toronto, Ontario M5H 3L5, Telephone: (416) 628-5904, Telefax: (416) 628-6835, Email: [email protected]