Vancouver, British Columbia--(Newsfile Corp. - March 16, 2017) - Goldbelt Empires Limited (TSXV:GBE) (the "Company" or "Goldbelt Empires") is pleased to announce the appointment of engineer and mining executive Ian R. Harris to the Company's Board of Directors.
"Goldbelt Empires is extremely pleased to add Mr. Harris to our Board, contributing his invaluable perspective on the discovery-to-mining endgame, on monetizing successful exploration projects, and his impressive international experience, to our Board" said Jim Varanese, Chairman of Goldbelt Empires. "Ian will be an excellent source of advice as the Company advances its gold exploration program in West Africa, and examines opportunities in the West African Birimian shield and its Pangean analog in the South American Guyana shield."
Mr. Harris is a senior mining engineer with over 20 years of experience in the mining industry including 10+ years working in South America with companies such as Asarco LLC, Corriente Resources, and Washington Group International. He has management experience in over 20 countries with a wide range of mining methods, commodities, project phases and sizes. He is bilingual in Spanish and English.
Currently Mr. Harris serves as President of Para Resources Inc., a gold mining company with active projects in Colombia and Brazil, as an independent director of Strikepoint Gold, and as a technical adviser to Viscount Mining.
Mr. Harris successfully led a campaign to reactivate Corriente Resources mining operations in Ecuador, navigating both the country's legal-political legal landscape as well as the mining-technical challenges, which contributed to the sale of Corriente to Tongling Nonferrous Metals Group Holding Co., Ltd. for $690M. Mr. Harris also headed AMAK Mining as CEO, which was the first operating private mining company in the Kingdom of Saudi Arabia.
About Goldbelt Empires
Goldbelt Empires is a gold explorer focused on the West African Goldbelt, and listed its shares on the Tsx Venture Exchange in October 2015. Its flagship property is the South Morila gold concession in the Republic of Mali. The South Morila concession covers an area approximately 150 km2 in size, and is located in the southern part of Mali approximately 250 km southeast of the capital of Bamako. The Company has previously announced a planned 6,000 meter drilling campaign over multiple high potential targets in the South Morila concession. www.goldbeltempires.com
Additional Information on Goldbelt Empires Ltd.
For more information on the business and property of the Company, readers are referred to the Company's Final Prospectus dated September 22, 2015, available at the Company's SEDAR profile at www.SEDAR.com.
The foregoing contains forward-looking information relating to the future performance of the Company including information relating to Mr. Harris' future contributions to the Company in his new role as a director. Forward looking information is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements.
Such risks and other factors include, among others, obtaining the approval of the TSX Venture Exchange in respect of Mr. Harris' appointment, the actual results of development activities, changes in world commodity markets or equity markets, the risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or exploration activities, title disputes, change in government and changes to regulations affecting the mineral industry, and other risks and uncertainties detailed from time to time in the Company's Final Prospectus and other filings with Canadian securities regulatory authorities (available at www.SEDAR.com). Forward-looking statements are made based on various assumptions and on management's beliefs, estimates and opinions on the date the statements are made. Although the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking information contained herein. The Company undertakes no obligation to update forward-looking statements if these assumptions, beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.
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 or accuracy of this press release.
Goldbelt Empires Limited
Chief Executive Officer and Director
Telephone: +44 (78) 4120-2386
Goldbelt Empires Limited
Chief Financial Officer and Director
Executive Corporate Secretary
Telephone: +1 (604) 818-4100
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES