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Northern Iron Corp Realigns Board to take Advantage of Lithium Acquisitions in Nevada and Arizona
(via Thenewswire.ca) NORTHERN IRON CORP REALIGNS BOARD TO TAKE ADVANTAGE OF LITHIUM ACQUIS...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Northern Iron Corp Realigns Board to take Advantage of Lithium Acquisitions in Nevada and Arizona(via Thenewswire.ca)\n\n \nNORTHERN IRON CORP REALIGNS BOARD TO TAKE ADVANTAGE OF LITHIUM ACQUISITIONS IN NEVADA AND ARIZONA\n\n\n \nVancouver, BC / TheNewswire / September 19 2016 - Northern Iron Corp. (\"Northern Iron\" or the \"Company\") (TSX-V: NFE) (FRANKFURT: N8I) today announced that Alberto Hassan will relinquish the position of chairman but remain on the board. Basil Botha, will remain as President & CEO until such time as James Walker assumes the position of Chief Executive Officer on October 1, 2016. At that time Basil Botha will become Executive Chairman. \n\n\n \nBasil Botha, President & CEO of the Company said; \"With my 40 years of experience in mining both hard rock spodumene to produce lithium for the glass industry in Asia and Europe, and more recently as past chairman of Lithium Americas, a late stage lithium brines project in Argentina, there is a great deal of synergy, with what James and I bring to the table. As President, James will leverage his considerable project management skills and engineering experience, to bring this lithium project to life. Added to this, his nuclear experience with lithium and the applications of its different isotopes in the nuclear power business, gives Northern Iron a unique perspective on this rapidly developing industry. This is truly an exciting time for the company as we take advantage of a rapidly growing market, with significant supply constraints and move through exploration and development to commercial production.\" \n\n\n \nWith immediate effect, Felipe Carvalho has resigned his directorship and on behalf of the board of directors, we thank him for his contributions and wish him well in his future endeavours.\n\n\n \nMr. Walker's appointment is subject to clearance and approval by the Toronto Stock Exchange.\n\n\n \nAbout Northern Iron Corp.\n\n\n \nNorthern Iron Corp has 3 highly prospective lithium properties in Nevada and Arizona.\n\n\n \nJackpot Lake -Moapa Valley, Nevada\n\n\n \n\n\n-100% owned -2800 acres - 140 claims;\n\n\n\n-35 km NE of Las Vegas;\n\n\n\n-1976 USGS completed 129 core samples;\n\n\n\n-Spectrographic and atomic-absorption analyses of 135 stream sediment \n\n\n\n\n \nsamples confirmed potential for lithium mineral deposits;\n\n\n \n\n\n-High...