Toronto, Ontario--(Newsfile Corp. - March 30, 2017) - The Board of Directors of Roscan Minerals Corporation (TSXV: ROS.H) ("Roscan" or the "Company") is pleased to announce that Gregory Isenor (P. Geo) has been appointed President and Chief Executive Officer (CEO) of the Company. Mr. Isenor was an integral part of the teams that discovered gold deposits in West Africa and his expertise significantly advances the Company's objective of becoming a successful gold exploration company focused on West Africa.
Mr. Isenor is a professional geologist and businessman. Mr. Isenor holds a B.Sc. geology, (1970) from Acadia University and is a member of the Association of Professional Geologists of Nova Scotia. Since 1970, Mr. Isenor's career path has been augmented by working for various companies on exploration projects in the energy and mineral resource industries.
Recently, Mr. Isenor was President, CEO and Director (2005 to 2017) of Merrex Gold Inc., up until Merrex was taken over by Iamgold Corporation. During that time, Merrex discovered two significant gold deposits in Mali (West Africa): the Siribaya deposit; and, with joint venture partner Iamgold, the Diakha deposit. To date, these two deposits represent a combined resource approaching approximately 2 million ounces of gold.
Previously, Mr. Isenor was the President, CEO and Director (2003 to 2005) of Jilbey Gold Exploration Ltd., until Jilbey was acquired by High River Gold Mines Limited. During Mr. Isenor's time with Jilbey. Mr. Isenor led the team that identified the Bissa gold deposit in Burkina Faso (West Africa), which was placed into production by Nord Gold SE and has a reported resource exceeding 5 million ounces of gold.
In addition, from 1979 - 2003, Mr. Isenor worked as an independent consulting geologist on mineral exploration projects in Canada, the United States, Australia, New Zealand, Asia and Africa. As well, Mr. Isenor founded: Jubilee Minerals Inc, to develop the Jubilee zinc deposit; and, Glencoe Resources Inc. to develop the Glencoe limestone deposit. Both of these deposits are located in Nova Scotia, Canada.
To accommodate Mr. Isenor's appointment, Mr. Chris Irwin resigned as President and CEO. Mr. Irwin remains as a director of the Company.
About Roscan Minerals Corporation
Roscan is a Canadian-based mining company focused on the exploration of gold properties in West Africa. Roscan's initial prospective gold exploration property is the Dormaa Project in Ghana, a joint venture with Pelangio Exploration Inc., whereby the Company has an option to earn a 50% interest by spending Cdn $2 million over a 3 year period. In addition to Mr. Isenor, two Roscan directors, Mr. David Mosher and Mr. Don Whalen, led High River Gold Mines Limited, where High River discovered and built the Taparko Gold Mine in Burkina Faso (West Africa). The Company's shares are listed on the NEX board of the Tsx Venture Exchange, trading under the symbol ROS.H
For further information, please contact:
Chief Financial Officer
Tel: (416) 293-8437
Email: [email protected]
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This news release contains certain "forward-looking information" within the meaning of applicable securities law. 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.