Business
Panoro Announces Appointment of Chief Financial Officer
VANCOUVER, British Columbia, May 18, 2016 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSX-V:PML) (Lima:PML) (Frankfurt:PZM) (“Panoro”, the “Company”) is pleased t
About this update from Panoro Minerals Ltd.
[{"type":"text","content":"VANCOUVER, British Columbia, May 18, 2016 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSX-V:PML) (Lima:PML) (Frankfurt:PZM) (“Panoro”, the “Company”) is pleased to announce the appointment of Shannon Ross, CPA, CA as Chief Financial Officer, effective immediately. Ms. Ross has been acting in controller and finance functions with Panoro since October 2014, and is currently the Corporate Secretary. Ms. Ross has over 25 years of accounting and financial management experience in the mining industry. She began her career in public practice, moving to the mining industry initially in internal audit for Cominco Ltd., before moving to the exploration industry. She has served as CFO and Corporate Secretary for several companies including Northern Orion Resources, Canaco Resources Ltd. and Tigray Resources Ltd., among others. Ms. Ross holds a Bachelor of Commerce degree from the University of Alberta. Luquman Shaheen, the Company's President and CEO, states, “Shannon’s experience, background and familiarity with Panoro's accounting and reporting systems and operations will ensure continued smooth operations and we are delighted that Shannon has accepted this position.” Ms. Ross replaces the interim CFO, William J. Boden, who is also the Chairman of the Company. The Company thanks Mr. Boden for having acted as Interim CFO since November, 2015. About Panoro Panoro is advancing its unique portfolio of copper and gold projects in the key Andahuaylas-Yauri belt in south central Peru, including its advanced stage Cotabambas Copper-Gold-Silver-Molybdenum and Antilla Copper-Molybdenum Projects. Since 2007, the company has completed over 70,000 m of exploration drilling at these two key projects leading to the delineation of mineral resources of: Cotabambas Indicated Resource 117.1 Mt @ 0.42% Cu, 0.23g/t Au, 2.74 g/t Ag & 0.001%Mo (@0.2% Cueq cutoff) Cu/Au/AG Inferred Resource 603.5 Mt @ 0.31% Cu, 0.17g/t Au, 2.33 g/t Ag and 0.002 %Mo (@0.2% Cueq cutoff) Project: (Tetra Tech, with an effective date of October 2013) Antilla: Indicated Resource 188.5 Mt @ 0.40% Cu and 0.009% Mo (@0.2% Cueq cutoff) Cu/Mo Inferred Resource 145.9 Mt @ 0.28% Cu and 0.009%Mo (@0.2% Cueq cutoff) Project (Tetra Tech, with an effective date of Decembe...