Business
Batero Gold Corp. Appoints Juan David Uribe as Chairman
TORONTO, ON--(Marketwired - December 01, 2015) - Batero Gold Corp. ("Batero" or the "Company") (TSX VENTURE: BAT) is pleased to announce that Juan David Uribe h
About this update from Batero Gold Corp.
[{"type":"text","content":" TORONTO, ON--(Marketwired - December 01, 2015) - Batero Gold Corp. (\"Batero\" or the \"Company\") (TSX VENTURE: BAT) is pleased to announce that Juan David Uribe has been appointed Chairman of the Board of Directors. Mr. Uribe is currently a director of Batero Gold Corp. Additionally, the board of directors has appointed Alvaro Espinoza as Executive Vice President of Batero Gold Corp. Both appointments take effect immediately. \"I am looking forward to bringing my significant Colombian mining and business experience to Batero in the newly created position of Chairman of the Board of Directors,\" stated Juan David Uribe. \"Mr. Espinoza's achievements in mining and mining finance will be an asset to Batero as the company continues to seek accretive acquisitions with our strong treasury position and move the company towards production decisions. We have been working with Red Eagle to determine the next steps regarding managing CB Gold and the Vetas deposit.\" Batero continues to advance the La Cumbre deposit with the goal of commencing an exploration drilling program in December 2015. Logan Drilling has been contracted for 3,000 meters of diamond drilling and the program is aligned with the exploitation and exploration program approved by Administrative Act PARMZ 605 of October 9, 2015 by the National Mining Agency.\" Batero's commitment to social responsibility continues with joint programs in the Quinchia area with the participation of CIDA (Canadian Agency for International Development) and IOM (International Organization for Migration). On behalf of the Batero Board of Directors, Juan David UribeChairmanBatero Gold Corporation About Batero Batero is a precious and base metals exploration and development company focused on moving the La Cumbre oxide deposit toward a production decision. Once the appropriate level of study has been completed, Batero intends to target the near surface higher grade oxidized gold mineralization at the deposit. Batero is also pursuing opportunities to acquire prospective high-grade, production focused mineral properties in Colombia and Latin America. In pursuing these objectives, Batero plans to leverage its secure treasury position, strong regional relationships, experienced management team, and long-term financial partners. Common shares of the company trade on the TSXV under the symbol \"BAT\". ...