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Canada One Announces Appointment of Dave Anthony to Advisory Board

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Canada One Mining Corp. has announced the appointment of Dave Anthony to its Advisory Board. Mr. Anthony brings over 40 years of experience in mine project development and operation, having held significant roles such as COO of African Barrick Gold and Cardinal Resources. He is currently the CEO of Asante Gold His expertise spans across Canada, Africa, Ecuador, Brazil, Indonesia, Chile, and Argentina, and includes designing, delivering, and operating both open pit and underground mining assets. Mr. Anthony's experience aligns well with Canada One's Copper Dome project, situated near the operational Copper Mountain mine.

Positive
  • Appointment of Dave Anthony with 40+ years of mining experience, enhancing leadership.
  • Mr. Anthony's past role as COO of Cardinal Resources, which was bought by Shandong Gold for over $500M at a 400% premium.
  • His diverse geographical expertise aligns with Canada One’s Copper Dome project.
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - July 3, 2024) - Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) ("Canada One" or the "Company") is pleased to announce that Mr. Dave Anthony has joined the Company's Advisory Board.

Highlights

  • 40 plus years experience in mine project development and operation
  • Past COO of African Barrick Gold
  • Has worked in Canada, Africa, Ecuador, Brazil, Indonesia Chile and Argentina
  • Has designed, delivered and operated open pit and underground mining assets
  • Past COO of Cardinal Resources, which was purchased by Shandong Gold
  • Current CEO of Asante Gold Corporation

Mr. Anthony commented: "I am pleased to be joining Canada One's advisory board and lending my knowledge and experience to the team. Copper is the right commodity to be exploring and the Copper Dome project located next to the operating Copper Mountain mine has the right geology. I look forward to working with the team and helping to drive the project's successes from exploration to discovery and development."

Mr. Anthony is a resident of Canada and holds a BSc Mining and Mineral Process Engineering from Queen's University. He has +40 years' experience in mine project development and operation, at the senior management & executive levels. His experience includes mine and process plant design, permitting, construction and operation. He worked with Barrick in Africa for 10 years and became COO of African Barrick Gold. He has also worked in Canada, Ecuador, Brazil, Indonesia, Chile and Argentina to design, deliver and operate open pit and underground mine assets with CAPEX from $100M to $3.6B and with total material movement to 65Mt/y. He is currently CEO of Asante Gold and past COO of Cardinal Resources Limited, which was purchased by Shandong Gold for more than $500M, representing a premium of 400% to the unaffected price, after a bidding process. At the time, Cardinal was developing the 7 million oz (reserve & resource) Namdini Gold Mine.

Mr. Berdusco, President and CEO of the Company commented: "The addition of Mr. Anthony further complements our accomplished advisory board. His years of experience with open pit and underground assets in various continents reflects has passion, expertise and drive for developing deposits. We greatly value his commitment to our Copper Dome project and for sharing in our excitement of its potential for discovery."

About Canada One

Canda One is a premier resource exploration company operating in Canada. From exploration to discovery to resource development, the Company is focused on creating growth and generating value for its investors and communities as it meets the growing global demand for critical metals. Copper Dome is the Company's flagship project with its northern border situated 1.5kms from Hudbay Mineral's Copper Mountain Mine deposits.

About the Copper Dome Project

The Project lies within the lower portion of the Quesnel Trough porphyry belt, a well-established mining district. The belt extends north from the Copper Mountain Mine, through the Elk, Brenda, Craigmont, Highland Valley, and New Afton mines. Previous drilling on the property has confirmed the presence of high-grade copper associated with northeast running geological structures similar to those seen at the Copper Mountain Mine:

  • Past exploration has identified the presence of palladium (Pd), platinum (Pt) and gold (Au) mineralization on the Property
  • Multiple zones of mineralization have been discovered on the Property to date
  • Excellent infrastructure provides year-round access with low-cost exploration and low jurisdictional risk
  • Past exploration includes, airborne magnetics flown over the entire Project, 51km of induced polarization (IP) surveyed over areas of interest, Airborne Magnetics and electro-magnetics (EM) surveyed over half of the Project area, 2,253 soil and 378 rock samples collected, over 8900m of diamond drilling and over 1km of trenching

The Company also announces it has terminated the Abitibi East and Nellie option agreement, first announced October 18, 2023. There are no outstanding liabilities or obligations associated with the termination.

For further information, interested parties are encouraged to visit the Company's website at www.canadaonemining.com, or contact the Company by email at ir@strategixir.com, or by phone at 1.877.844.4661.

On behalf of the Board of Directors of
CANADA ONE MINING CORP.

Peter Berdusco
President and Chief Executive Officer

Forward-Looking Statements

This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this press release relate to, among other things: statements relating to the anticipated timing thereof and the intended use of proceeds. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

TSX Venture Exchange Disclaimer

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/215312

FAQ

Who has Canada One appointed to their Advisory Board?

Canada One Mining Corp. has appointed Dave Anthony to their Advisory Board.

What is Dave Anthony's previous experience?

Dave Anthony has over 40 years of experience in mine project development and operation, including roles as COO of African Barrick Gold and Cardinal Resources.

What is the significance of Dave Anthony joining Canada One?

Dave Anthony’s extensive experience in mining is expected to bolster leadership and drive the success of Canada One’s Copper Dome project.

How does Dave Anthony’s experience align with Canada One’s goals?

His experience in designing, delivering, and operating mining projects globally aligns with the development objectives of Canada One's Copper Dome project.

What is the stock symbol for Canada One?

The stock symbol for Canada One Mining Corp. is COMCF.

CANADA ONE MNG CORP

OTC:COMCF

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