VANCOUVER, Sept. 14, 2015 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) is pleased to announce the appointments of Trevor Wilson and Dan Zampirro to its newly-created Advisory Board.
Trevor Wilson, of Vancouver, BC, has agreed to act as a strategic financial advisor to Nevada Sunrise. Mr. Wilson graduated from the University of British Columbia and began his career in the securities industry in 1964 at Dominion Securities. In 1973, he joined Loewen Ondaatje McCutcheon, Canada's first boutique institutional house as a director and managing partner. In 1991, Trevor became a partner and Vice-Chairman of Yorkton Securities Inc. ("Yorkton"). His responsibilities included initiating the wholesale transformation of Yorkton into an institutional investment house. During his tenure, he was a key member of a successful team that raised millions of dollars for junior mining and oil and gas companies. In 1997, Trevor left Yorkton and founded Valdesol Holdings, a private investment company, of which he is currently President.
Dan Zampirro, of Carson City, Nevada, has agreed to act as a technical advisor to Nevada Sunrise in the field of lithium brines exploration. Mr. Zampirro is a Certified Professional Geologist with the American Institute of Professional Geologists and a California licensed Professional Geologist through the Association of State Boards of Geology. He is a graduate of the Mackay School of Mines, University of Nevada, and started his career in mineral exploration for Homestake Mining Company in 1984. In 1986, Mr. Zampirro began working at the Round Mountain Gold Mine in Nevada where he eventually acted in project management and supervision of well drilling, dewatering processes and interpretation of the local hydrogeology. In 2000, Dan joined Chemetall-Foote Corporation at its Silver Peak, Nevada lithium mine (now owned by Albemarle Corporation), where he was responsible for the lithium brine well-field system, selection of drill sites for well production, delineating the aquifers in the Clayton Valley, and supervision of exploration drilling to define the reserve potential of lithium-bearing brine. His 2003 paper, "Hydrogeology of Clayton Valley Brine Deposits, Esmeralda County, Nevada" is widely regarded as a landmark description of the Clayton Valley aquifer system and its lithium brine deposits.
About Nevada Sunrise
Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC, Canada, that holds interests in three exploration projects in Nevada, USA. Our three key gold assets include a 21% interest in a joint venture with Pilot Gold Inc. (TSX: PLG) at Kinsley Mountain near Wendover, a 100% interest in the Golden Arrow project near Tonopah, and a 100% interest in the Roulette gold property (formerly known as the Grulla property) in the southeastern Carlin trend near Ely, Nevada, with each of the properties subject to certain production royalties.
FORWARD LOOKING STATEMENTS
All statements in this release, other than statements of historical fact, are "forward-looking information" with respect to Nevada Sunrise Gold Corporation ("Nevada Sunrise") within the meaning of applicable Canadian securities laws, including statements that address future mineral production, reserve potential, exploration drilling, the future price of precious metals or lithium, potential quantity and/or grade of minerals, potential size of a mineralized zone, potential expansion of mineralization, the timing and results of future resource estimates, or other study, proposed exploration and development of our exploration properties and the estimation of mineral resources. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Nevada Sunrise to differ materially from those anticipated in such forward-looking information.
Such factors include, among others, risks related to the interpretation and actual results of historical exploration at the Neptune property, reliance on technical information provided by third parties on any of our exploration properties, including access to historical information on the Neptune property, current exploration and development activities; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for the Nine Months ended June 30, 2015, which is available under Company's SEDAR profile at www.sedar.com.
Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.
Forward-looking statements are made as of the date hereof and accordingly are subject to change after such date. Except as otherwise indicated by Nevada Sunrise, these statements do not reflect the potential impact of any non-recurring or other special items or of any dispositions, monetizations, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur after the date hereof. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of our operating environment. Nevada Sunrise does not undertake to update any forward-looking statements that are included in this document, except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release. The Securities of Nevada Sunrise Gold Corporation have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to the account or benefit of any U.S. person.
SOURCE Nevada Sunrise Gold Corporation
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For further information: Warren Stanyer, President and Chief Executive Officer, Telephone: (604) 428-8028, Facsimile: (604) 484-7143, email: [email protected]