Global Copper Corp. Announces Appointment of Gordon Villeneuve to its Board of Directors and Nathan Chutas as CEO
05.11.2024 | vom Unternehmen
Vancouver, Nov. 5, 2024 – Global Copper Corp. (TSXV: CUCU) (FSE: WD9) (“Global Copper” or the “Company”) is pleased to announce the appointment of Gordon Villeneuve to its Board of Directors and Dr. Nathan Chutas as Chief Executive Officer, effective immediately. The appointments fill the vacancy created by Stephen Dunn who has resigned from the Company. The Board of Directors extends its thanks to Mr. Dunn for his previous service to the Company. Following the appointments, the Board of Directors of the Company consists of Nathan Chutas, Robert Metcalfe and Gordon Villeneuve.
About Global Copper Corp.
Global Copper is focused on its 100% owned Northern Lights Copper Project in Nevada as well as it’s Silver Vista project in British Columbia. The Northern Lights Copper Project is located in the central portion of Nevada’s well-known Walker Lane Trend about 25 km southeast of Yerington, Nevada. The property covers 1,200 acres (485 hectares) and is in close proximity to Nevada Copper Corporation’s producing Pumpkin Hollow copper mine. There are also several active copper exploration projects underway in close proximity to the property. Global Copper plans to confirm the deposit model with additional surface exploration work following by drilling to define a mineable high-grade copper deposit.
The Silver Vista project comprises approximately 4,839.2 hectares and is located 55 kilometres northeast of Smithers, BC. Drilling in the area in 1991, 2018, and 2021 has indicated multiple, stacked zones of copper and silver mineralization, stratabound in Jurassic aged, fossiliferous sandstones. Hole SV21-07 was the best hole drilled to date intercepting 46 metres of 48 g/t silver and 0.62% copper.
Contact Information:
Global Copper Corp.
Scott Davis, Chief Financial Officer
Tel: 604-558-4300
Email: sdavis@crossdavis.com
CAUTIONARY STATEMENT:
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Dr. Nathan Chutas, PhD, CPG, Chief Executive Officer of the Company, is a qualified person for the purposes of National Instrument 43-101. Dr. Chutas has reviewed and approved the technical content in this announcement.
This news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward- looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.