Pacific Empire Minerals Corp (CVE:PEMC) (OTCQB:PEMSF) said it has hired Peter Schloo as an independent non-executive director with immediate effect, adding that Keith Henderson has resigned from the board.
The junior prospect generator noted that Schloo has more than eight years' experience in capital markets, operations, and assurance across various industries, including natural resources and real estate. He has led over C$80 million in capital raising opportunities for public and private companies, mostly in the junior natural resource sector, it added.
READ: Pacific Empire Minerals starts drilling on its Worldstock copper-gold project in British Columbia
"We are delighted to have Mr Schloo join PEMC as a director and look forward to leveraging his expertise to maximize the benefits to our shareholders in advancing our portfolio of gold-enriched copper assets in British Columbia," Brad Peters, Pacific Empire's chief executive said in a statement.
On August 5 this year, the Vancouver-based group told investors it had started drilling at its Worldstock copper-gold project in British Columbia. The firm plans to test a number of targets on the property, which is located near Taseko Mines Ltd’s (LON:TKO) Yellowhead copper project.
Drill targets include an area that saw limited drilling in the past, with reported values grading up to 0.4% copper over 10.4 metres. The goal of the reverse circulation (RC) drill program is to test several areas for porphyry copper-gold mineralization.
Pacific Empire boasts a large portfolio of projects, which, it says, mitigates exploration risk and increases the chance of making a discovery. In addition, owning its own drill rig reduces costs and means the explorer can advance prospects rapidly, to see if they are worth partnering on.
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