VANCOUVER, British Columbia, July 18, 2016 (GLOBE NEWSWIRE) -- MX Gold Corp (TSX-V:MXL) (FSE:ODV) (OTCQX:DTVMF) (the “Company”) is pleased to announce that Hugh (Bert) McPherson has joined MX Gold Corp’s Board of Directors. Bert is currently the President and Chief Operating Officer in charge of all operations at the company's Max and Willa mining and milling operation located in the Kootenay region of British Columbia.
Mr. McPherson will arrive at the Max Mine site on August 15, 2016. He stated, “I am eager to get the WillaMax project on its way. I want to be engaged in every aspect of this project and to develop the best mining programs along with a first class production team that will allow MX Gold to become a very successful Canadian mining company.”
“We are very excited and fortunate to have Bert join MX Gold Corp’s Board of Directors,” said Akash Patel, “His experience developing and operating some of the wolds most prominent mines will be invaluable as the Willa project moves through initial development and production.
After a number of years of service, Neil Morgan will step down as Director. MX Gold Corp would like to thank Neil for his contributions over the years and helping the company achieve key acquisition milestones.
About MX Gold Corp
MX Gold Corp is a junior mining company focused on the mining, exploration and development of advanced projects located in the Kootenay region of British Columbia. The Company's primary focus is its high-grade Willa gold and copper project located 12 kilometers south of Silverton, BC. In 2015, MX Gold Corp completed the accretive acquisition of the Willa project and the Max Molybdenum Mine and Mill Complex. This acquisition removed major costs and shortened timelines typically associated with mine project development with planned ore shipment from Willa to the Max Mill. The Willa mine is located 135 kilometers south of the Max Mill. MX Gold Corp can also elect to reopen the Max Molybdenum mining operation once world Moly prices improve.
On behalf of the Board of Directors,
“Akash Patel”
Akash Patel, Vice President and Director, MX Gold Corp
Phone: 604-818-1706
For further information, please contact Ron Birch 250-545-0383 or by email at
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of MX Gold Corp, such as statements regarding the terms of the debt settlement. There are numerous risks and uncertainties that could cause actual results and MX Gold Corp’s plans and objectives to differ materially from those expressed in the forward-looking information, including approval from the TSX Venture Exchange. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, MX Gold Corp does not intend to update these forward-looking statements.