Business
Copper Lake Resources Retains Experienced Geologist for Marshall Lake Project
TORONTO, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Copper Lake Resources Ltd. (TSX-V:CPL)(Frankfurt:W0I) ("Copper Lake" or the "Company") is pleased to announce that th
About this update from Copper Lake Resources Ltd.
[{"type":"text","content":"TORONTO, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Copper Lake Resources Ltd. (TSX-V:CPL)(Frankfurt:W0I) (\"Copper Lake\" or the \"Company\") is pleased to announce that the Company has retained George Mannard, P.Geo, as a consulting geologist to oversee the Company’s Ontario properties and specifically the upcoming drill program on our Marshall Lake property. Mr. Mannard has over 30 years of global mineral exploration experience and is an expert in precious and base metals. He is well versed in project management, structural geology studies, mapping, evaluation and acquisitions, and has developed 8 gold mines and is co-credited with discovery of the Louvicourt copper zinc mine near Val d’Or, Quebec. Mr. Mannard has extensive gold experience with Moss Lake Gold Mines and Wesdome Gold Mines, where he was the Vice-President, Exploration. He is familiar with the Marshall Lake project as he was involved with the property when it was explored by Falconbridge. Copper Lake CEO, Terry MacDonald, commented “We are delighted to have retained a geologist of Mr. Mannard’s stature and the extensive gold and VMS background to oversee our Ontario properties as we move to the next stage of exploration. George brings tremendous experience with him, and his knowledge of the property and contacts in the area will allow him to hit the ground running. We are looking forward to commencing the next drill program on our Marshall Lake property shortly.” The Company has granted, pursuant to its 10 per cent rolling stock option plan, three million three hundred and fifty thousand incentive stock options to directors, officers and consultants at an exercise price of five cents for a term of five years. Mr. George Mannard, QP, P.Geo has reviewed the content of this news release. About Copper Lake Resources Copper Lake Resources Ltd. is a publicly traded Canadian company currently focused on advancing its properties located in Ontario, Canada: The Marshall Lake VMS copper, zinc, silver and gold property is an advanced exploration stage property located 120 km north of Geraldton, Ontario via good all weather gravel road from the Trans-Canada Highway and just 22 km north of the main CNR rail line. Copper Lake currently has a 68.75% interest in the property and has the option to increase its interest to 75% by incurring additional ex...