Toronto, Ontario (March 12, 2013) Braeval Mining Corporation (TSX:BVL) (Braeval Mining or the Company) is pleased to announce the appointment of an advisory committee to the board of directors. The advisory committee will provide technical advice on an as needed basis to the board of directors. The committee is comprised of Mr. Sean Roosen, President and CEO of Osisko Mining Corporation, Mr. Chris Lodder, Principal of Talisker Exploration Services Inc., Mr. Ruben Padilla, Principal and Economic Geologist of Talisker Exploration Services Inc., and Mr. Terry Harbort, Principal, Generative Database Manager and Chief Structural Geologist of Talisker Exploration Services Inc.
The advisory committee member’s knowledge of mining exploration, project development, and the capital markets is a welcome additional resource to the Company. The Company is pleased to have this further base expertise as the Company seeks to advance its various Latin American precious metal exploration projects.
The committee members’ experience is outline below.
About the Advisory Committee
Mr. Roosen is currently the President and Chief Executive Officer of Osisko Mining Corporation since August 2006. He has led the transition of Osisko from a junior exploration company to a leading intermediate gold producer. He is responsible for leading the strategic development of the Corporation and was instrumental in securing the necessary financing to fund the development of the $1 billion Canadian Malartic Mine, the Corporations flagship asset. Mr. Roosen is a founding member of Eurasia Holdings A.G. – a European based venture capital fund which is a shareholder of Osisko. He is a Supervisory Board member of Eurasia Holdings A. G. and Eurasia Resource Holdings A.G. Mr. Roosen also sits on the Board of Directors of the following publicly listed companies Astur Gold Corporation, Bowmore Exploration Ltd., Condor Petroleum Inc. and Dalradian Resources Inc. Mr. Roosen is a graduate of the Haileybury School of Mines and has had various progressive positions in the mining industry both domestically and internationally.
Mr. Lodder is a principal of Talisker Exploration Services Inc. and has over 20 years experience in mineral exploration and mining. He has worked in the capacity from greenfields fields exploration through to production and was involved in several economic gold deposit discoveries in Peru and Colombia. He worked for Anglogold Ashanti as exploration manager for South America and later for the Americas over a period of 11 years. Prior to that worked as the South American exploration manager for Queenstake Resources.
Mr. Padilla holds
Ph.D. in economic geology and has over 25 years of diverse mining and exploration experience in precious and base metals working for Fresnillo, BHPB, AngloGold Ashanti, and Talisker Exploration Services. He worked and completed important research work in the La Escondida deposit in Chile, and participated of the discovery of La Colosa and Gramalote in Colombia.
Mr. Harbort holds a BSc (Hons) in Geology and Geographic Information Systems, PhD in Geology and Tectonics, specialist in exploration database design, implementation and analysis. 20 years experience in minerals exploration including 8 years with AngloGold Ashanti as Global Generative Database Manager and Chief Structural Geologist for the Americas.
About Braeval Mining Corporation
Braeval Mining is a junior mineral exploration company focused on the exploration and development of precious metals resource properties in South and Central America and Mexico. The Company holds options to acquire an interest in mineral titles that comprise the Guaynopa Project located in Mexico and the Snow Mine Project located in Colombia. Braeval Mining proposes to explore the Guaynopa Project for precious metal deposits including gold and silver, and holds or has applied for other exploration property interests in Peru, Honduras and Nicaragua.
For further information on Braeval Mining please contact:
Jose Vizquerra, President & CEO
Tel: 416-848-9504
[email protected]
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws, which are based on expectations, estimates and projections as of the date of this news release. This forward-looking information includes, or may be based upon, without limitation, estimates, forecasts and statements as to managements expectations with respect to, among other things, the generation of revenues by the Company, the timing and amount of funding required to execute the Companys exploration, development and business plans, capital and exploration expenditures, the effect on the Company of any changes to existing legislation or policy, government regulation of mining operations, the length of time required to obtain permits, certifications and approvals, the success of exploration, development and mining activities, the geology of the Companys properties, environmental risks, the availability of labour, the focus of the Company in the future, demand and market outlook for precious metals and the prices thereof, progress in development of mineral properties, the Companys ability to raise funding privately or on a public market in the future, the Companys future growth, results of operations, performance, and business prospects and opportunities. Wherever possible, words such as anticipate, believe, expect, intend, may and similar expressions have been used to identify such forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the information is given, and on information available to management at such time. Forward-looking information involves significant risks, uncertainties, assumptions and other factors that could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking information. These factors, including, but not limited to, fluctuations in currency markets, fluctuations in commodity prices, the ability of the Company to access sufficient capital on favourable terms or at all, changes in national and local government legislation, taxation, controls, regulations, political or economic developments in Canada, Mexico, Colombia, Peru, Honduras, Nicaragua or other countries in which the Company does business or may carry on business in the future, operational or technical difficulties in connection with exploration or development activities, employee relations, the speculative nature of mineral exploration and development, obtaining necessary licenses and permits, diminishing quantities and grades of mineral reserves, contests over title to properties, especially title to undeveloped properties, the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other geological data, environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding, limitations of insurance coverage and the possibility of project cost overruns or unanticipated costs and expenses, and should be considered carefully. Many of these uncertainties and contingencies can affect the Companys actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company. Prospective investors should not place undue reliance on any forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure prospective purchasers that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
