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Christie Joins Orbec Board

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Mines D'Or Orbec (TSXV: BLUE) has announced changes to its Board of Directors. Chad Williams, the company's largest shareholder, will now serve as Chairman. David W. Christie has joined the Board as an Independent Director. CEO Dorian L. (Dusty) Nicol expressed satisfaction with Christie's appointment, citing his technical and corporate experience as valuable assets for the company's growth.

David W. Christie brings 38 years of experience in mining, exploration, and mining finance. His previous roles include president and CEO of Orford Mining Corp. and Eagle Hill Exploration Christie has also worked in investment and as a mining equity analyst.

The company provided an update on its Muus Project, stating plans for glacial till sampling in the Lac Bernard area and geophysics in select areas. The objective is to define high-quality drill targets. Dorian L. (Dusty) Nicol, the company's CEO and Qualified Person, has approved the technical information in the news release.

Mines D'Or Orbec (TSXV: BLUE) ha annunciato cambiamenti nel suo Consiglio di Amministrazione. Chad Williams, il maggiore azionista dell'azienda, assumerà ora il ruolo di Presidente. David W. Christie è entrato a far parte del Consiglio come Direttore Indipendente. L'amministratore delegato Dorian L. (Dusty) Nicol ha espresso soddisfazione per la nomina di Christie, citando la sua esperienza tecnica e aziendale come risorse preziose per la crescita dell'azienda.

David W. Christie porta con sé 38 anni di esperienza nel settore minerario, nell'esplorazione e nella finanza mineraria. Le sue precedenti cariche includono quella di presidente e CEO di Orford Mining Corp. e Eagle Hill Exploration. Christie ha anche lavorato nel settore degli investimenti e come analista di equità mineraria.

L'azienda ha fornito un aggiornamento sul suo Muus Project, annunciando piani per campionamento di till glaciale nell'area di Lac Bernard e geofisica in aree selezionate. L'obiettivo è definire target di perforazione di alta qualità. Dorian L. (Dusty) Nicol, CEO dell'azienda e Persona Qualificata, ha approvato le informazioni tecniche nel comunicato stampa.

Mines D'Or Orbec (TSXV: BLUE) ha anunciado cambios en su Junta Directiva. Chad Williams, el mayor accionista de la empresa, asumirá ahora el cargo de Presidente. David W. Christie se ha unido a la Junta como Director Independiente. El CEO Dorian L. (Dusty) Nicol expresó su satisfacción por el nombramiento de Christie, citando su experiencia técnica y corporativa como activos valiosos para el crecimiento de la empresa.

David W. Christie aporta 38 años de experiencia en minería, exploración y financiamiento minero. Sus cargos anteriores incluyen presidente y CEO de Orford Mining Corp. y Eagle Hill Exploration. Christie también ha trabajado en inversiones y como analista de acciones mineras.

La empresa proporcionó una actualización sobre su Muus Project, anunciando planes para muestreo de till glaciar en la zona de Lac Bernard y geofísica en áreas seleccionadas. El objetivo es definir blancos de perforación de alta calidad. Dorian L. (Dusty) Nicol, CEO de la empresa y Persona Calificada, ha aprobado la información técnica en el comunicado de prensa.

Mines D'Or Orbec (TSXV: BLUE)는 이사회의 변경 사항을 발표했습니다. 회사의 최대 주주인 Chad Williams는 이제 의장직을 맡게 됩니다. David W. Christie는 독립 이사로 이사회에 합류했습니다. CEO Dorian L. (Dusty) Nicol은 Christie의 임명에 만족감을 표하며 그의 기술적 및 기업적 경험이 회사 성장에 귀중한 자산이라고 언급했습니다.

David W. Christie는 광업, 탐사 및 광업 재정에서 38년의 경험을 가지고 있습니다. 그의 이전 직책에는 Orford Mining Corp. 및 Eagle Hill Exploration의 사장 및 CEO가 포함됩니다. Christie는 투자 및 광업 주식 분석가로도 활동한 경험이 있습니다.

회사는 Muus Project에 대한 업데이트를 제공하며, Lac Bernard 지역에서의 빙하 얼음 샘플링 및 선택된 지역에서의 지구물리학 계획을 발표했습니다. 목표는 고품질 시추 목표를 정의하는 것입니다. 회사의 CEO이자 자격을 갖춘 인물인 Dorian L. (Dusty) Nicol은 보도 자료의 기술 정보를 승인했습니다.

Mines D'Or Orbec (TSXV: BLUE) a annoncé des changements dans son Conseil d'Administration. Chad Williams, le principal actionnaire de l'entreprise, sera désormais Président. David W. Christie a rejoint le Conseil en tant qu'Administrateur Indépendant. Le PDG Dorian L. (Dusty) Nicol a exprimé sa satisfaction quant à la nomination de Christie, citant son expérience technique et corporate comme des atouts précieux pour la croissance de l'entreprise.

David W. Christie apporte 38 ans d'expérience dans l'exploitation minière, l'exploration et le financement minier. Ses précédentes fonctions incluent celles de président et PDG d'Orford Mining Corp. et d'Eagle Hill Exploration. Christie a également travaillé dans l'investissement et en tant qu'analyste d'actions minières.

L'entreprise a fourni une mise à jour sur son Muus Project, annonçant des plans pour l'échantillonnage de till glaciaire dans la région de Lac Bernard et pour la géophysique dans des zones sélectionnées. L'objectif est de définir des cibles de forage de haute qualité. Dorian L. (Dusty) Nicol, le PDG de l'entreprise et personne qualifiée, a approuvé les informations techniques dans le communiqué de presse.

Mines D'Or Orbec (TSXV: BLUE) hat Änderungen in seinem Vorstand bekannt gegeben. Chad Williams, der größte Aktionär des Unternehmens, wird nun den Vorsitz übernehmen. David W. Christie ist als unabhängiger Direktor dem Vorstand beigetreten. CEO Dorian L. (Dusty) Nicol äußerte seine Zufriedenheit mit Christies Ernennung und nannte dessen technische und unternehmerische Erfahrungen als wertvolle Vermögenswerte für das Wachstum des Unternehmens.

David W. Christie bringt 38 Jahre Erfahrung im Bergbau, in der Erkundung und in der Bergbaufinanzierung mit. Zu seinen bisherigen Positionen gehören Präsident und CEO von Orford Mining Corp. und Eagle Hill Exploration. Christie hat auch im Investmentbereich und als Bergbau-Analyst gearbeitet.

Das Unternehmen hat ein Update zu seinem Muus Project bereitgestellt und Pläne für Gletscherprobenahmen im Lac Bernard-Gebiet sowie Geophysik in ausgewählten Gebieten bekannt gegeben. Ziel ist es, hochwertige Bohrziele zu definieren. Dorian L. (Dusty) Nicol, CEO des Unternehmens und qualifizierte Person, hat die technischen Informationen in der Pressemitteilung genehmigt.

Positive
  • Appointment of David W. Christie as Independent Director, bringing 38 years of industry experience
  • Continued evaluation of Muus Project data and planning for next exploration phases
  • Focus on defining high-quality drill targets through glacial till sampling and geophysics
Negative
  • None.

Brossard, Québec--(Newsfile Corp. - September 26, 2024) - Mines D'Or Orbec (TSXV: BLUE) ("Orbec" or the "Company") is pleased to announce changes and strengthening of its Board of Directors. Chad Williams, the Company's largest shareholder, who has been serving as Non-Executive Chairman, will serve as of today as Chairman. David W. Christie has joined the Board as of today as an Independent Director.

The Company's CEO, Dorian L. (Dusty) Nicol, commented, "I am very happy that David will be joining our Board. His technical and corporate experience together with his in-depth understanding of capital markets will be invaluable as we continue to grow Orbec. I am of course happy to continue working with Chad in his continuing role as Chairman."

David W. Christie, P.Geo.

David has had a 38-year career in mining, exploration, and mining finance. He was previously president and CEO of Orford Mining Corp. which was acquired by Alamos Gold Inc. David was also President and CEO of Eagle Hill Exploration Ltd. which successful completed a five-way merger to become Osisko Mining Inc. Prior to that he was on the buy side as Vice President with Goodman & Company Investment Counsel and Dundee Resources Inc. David also worked on the sell side as a highly ranked mining equity analyst with TD Securities and Scotia Capital. David has previously been a director of Orford Mining Corp., Eagle Hill Exploration Ltd., eCobalt Solutions Inc., Osisko Mining Inc., True North Nickel (private) and Condor Precious Metals (private).

Muus Update

The Company continues to evaluate data from its Muus Project while planning the next phases of exploration work. These will focus on glacial till sampling in the Lac Bernard area, where previous sampling has disclosed significant and extensive gold geochemical anomalies. The till sampling will consist both of infill sampling to further define the gold-bearing zones and extensions of the sampling lines with the objective of extending the anomalies. The Company also plans geophysics (Induced Polarization) in select areas. The Company's objective is to define high-quality drill targets.

Qualified Person

Technical information in this news release has been approved by Dorian L. (Dusty) Nicol, the Company's CEO (OGQ, PG, FAusIMM), who is a Qualified Person ("QP") for the purpose of National Instrument 43-101.

About Orbec

Orbec is a gold company that owns 100% of a large mineral claim position near Chibougamau, Québec. The Muus Gold Project covers approximately 25,250 hectares of prospective ground in the northeastern part of the Abitibi Greenstone Belt. The Muus Gold Project is prospective for gold mineralisation and is adjacent to and on strike with IAMGOLD's 5-million-ounce Nelligan Gold Project. Orbec has announced that exploration of the Muus Gold Project will advance in technical collaboration with IAMGOLD, which owns approximately 12.5% of the Company. Field work completed during 2022 established that the northern portion of the Muus Gold Project is also prospective for copper-gold volcanogenic massive sulphide mineralisation, as well as confirming that it is prospective for high-grade gold mineralisation similar to IAMGOLD's nearby Monster Lake gold deposit.

ON BEHALF OF THE BOARD
Dorian L. (Dusty) Nicol, CEO & Director

For more information, please visit our website www.orbec.ca or contact Mr. Dorian L. (Dusty) Nicol, info@orbec.ca

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 release.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated content, commencement, anticipated exploration program results, the ability to complete future financings, the ability to complete the required permitting, the ability to complete the exploration program and drilling, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the commodity markets generally, variations in the nature, the analytical results from surface trenching and sampling program, including diamond drilling programs, the results of IP surveying, the results of soil and till sampling program, the quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the inability of the Company to obtain any necessary permits, consents or authorizations required, including TSX Venture Exchange acceptance, for its planned activities, the inability of the Company to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, the potential impact of COVID-19 (coronavirus) on the Company's exploration program and on the Company's general business, operations and financial condition, and other risks and uncertainties. All the Company's Canadian public disclosure filings may be accessed via, www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties. This news release contains information with respect to adjacent or similar mineral properties in the Chibougamau District in respect of which the Company has no interest or rights to explore or mine. Readers are cautioned that the Company has no interest in or right to acquire any interest in any such properties, and that mineral deposits, and the results of any mining thereof, on adjacent or similar properties, are not indicative of mineral deposits on the Company's properties or any potential exploitation thereof.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224681

FAQ

Who has joined the Board of Directors of Mines D'Or Orbec (TSXV: BLTMF)?

David W. Christie has joined the Board of Directors of Mines D'Or Orbec as an Independent Director.

What is the new role of Chad Williams at Mines D'Or Orbec (TSXV: BLTMF)?

Chad Williams, previously serving as Non-Executive Chairman, will now serve as Chairman of Mines D'Or Orbec.

What are the upcoming exploration plans for Mines D'Or Orbec's (TSXV: BLTMF) Muus Project?

The company plans to conduct glacial till sampling in the Lac Bernard area and perform geophysics (Induced Polarization) in select areas of the Muus Project.

What is the main objective of Mines D'Or Orbec's (TSXV: BLTMF) exploration activities at the Muus Project?

The main objective is to define high-quality drill targets through glacial till sampling and geophysics.

ORBEC GOLD MINES INC

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