TORONTO,
June 13, 2017
/PRNewswire/ - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:
KER, OTCQB: KERMF, FRA: 7AZ1) is pleased to announce the
addition of Michael R. Smith as a
technical advisor of Exploration and Geology.
"With his extensive experience and intimate knowledge of
Arizona geology, Mr. Smith's
addition to our team will help formulate and execute the
forthcoming 2017 Copperstone Exploration Program," said
Martin Kostuik, President
Kerr Mines. "During his 38-year
career, Mr. Smith developed expertise in exploration program
conceptualization and management, design of QA/QC programs,
interpretive geology, block modeling and ore reserve estimations.
He has been involved in several producing mines in many aspects,
including the design and implementation of ore control systems,
which will be invaluable to Kerr
Mines as we advance the Copperstone Mine towards a
production decision."
Mr. Smith is a Registered Geologist (Registered Member:
Society for Mining, Metallurgy & Exploration), a Magna Cum
Laude Graduate from Arizona State
University, BS, Geology and holds an MS, Geology from
Mackay School of Mines, University of Nevada. Mr. Smith is currently
President of Monarca Minerals, an exploration and development
company focused on gold and silver deposits in Mexico.
Previously, in Arizona, Mr. Smith
brought the former producing Vulture Gold Mine back into
production, was President and CEO of Oremex Silver and Platte River
Resources (both in Mexico) and
Continental Gold (Colombia). Prior
to that, he spent 12 years working in the Southwestern USA for companies such as
Alta Gold and Conoco Minerals, and
helped bring the Barrick Goldstrike Mine from concept into full
production as Chief Mine Geologist.
His experience spans Mexico,
South America and, notably, the
Southwestern USA and in particular
Arizona.
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 a 12,000 acre land package which includes a production
history of over 500,000 ounces of gold. 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.