TORONTO, May 30, 2017 /CNW/ - Kerr Mines Inc. ("Kerr" or the "Company") (TSX: KER, OTC Pink: AISCF, FRA: 7AZ1) is pleased to announce the appointment of Brad Atkinson as Director of Exploration and Geology. This appointment achieves another key milestone in the Company's strategy, bringing additional technical expertise onboard in order to advance the Copperstone Mine project towards a production decision.
"The addition of Brad to Kerr's technical team will provide invaluable technical leadership, particularly as we prepare our flagship Copperstone gold mine for a comprehensive exploration and geologic modelling program," said Martin Kostuik, President Kerr Mines. "Brad's experience in developing and providing technical guidance to exploration programs in the southwestern USA and around the world will ensure that the Copperstone project is given the very best opportunity for resource development success."
Mr. Atkinson is a graduate in both Geological Science and Geochemistry from Virginia Tech. His roles as a geologist for Phelps Dodge Morenci and as a corporate project geologist for Newmont Gold provide him with the proven expertise needed to conceptualize and execute a first class program at the Copperstone project. In addition Mr. Atkinson completed an MBA at the University of Denver which, coupled with his recent experience at Caterpillar Financial Services, gives him unique insight into utilizing best business practices in making capital allocation decisions.
About Kerr Mines Inc.
Kerr Mines is a North American gold development and exploration company currently advancing the fully permitted past-producing Copperstone Mine project. Copperstone is a high-grade gold project located along the Walker Lane mineral belt in mining-friendly Arizona. The project demonstrates significant upside exploration potential within 12,000 acre a land package. The Company's current focus is on maximizing Copperstone's potential by defining and expanding current resources and strengthening the mine's economics leading to a production decision.
Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking statements, including current expectations on the timing of the commencement of production and the rate of production, if commenced. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, the strength of the Canadian economy; the price of gold; operational, funding, and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; and the degree to which factors which would make a mineral deposit commercially viable are present; the risks and hazards associated with underground operations. Risks and uncertainties about Kerr Mines' business are more fully discussed in the Company's disclosure materials, including its annual information form and MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Kerr Mines assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law.
Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release and no stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
SOURCE Kerr Mines Inc.
For further information: Fiona Grant Leydier, Investor Relations, [email protected], 416.848.9851