Panoro Announces the Appointment of Director

About this update from Panoro Minerals Ltd.

[{"type":"text","content":"\n\n\nVANCOUVER, July 23, 2014 /CNW Telbec/ - Panoro Minerals Ltd. (TSXV: PML) (Lima: PML) (Frankfurt: PZM) (\"Panoro\", the \"Company\") is\n pleased to announce that Mr. Anthony Laub Benavides, of Lima Peru, has\n been appointed a Director of the Company.\n\n\nMr. Laub is a partner in Laub and Quijandria, a Peruvian firm which\n provides legal, regulatory advisory, and economic and financial\n consulting services to the energy and mining industries. In addition to\n a law degree from Peru, he holds an LL.M. in Energy Law and Policy from\n the University of Dundee, United Kingdom. \n\n\nFrom 1997 to 2005, Mr Laub held various positions in the Ministry of\n Energy and Mines (Lima, Peru), including Director-General of Legal\n Counsel, and Secretary General of the Ministry. He has also acted as a\n Director of several leading companies in the power generation and metal\n mechanic sectors.\n\n\nWilliam Boden, Chairman, states: \"We are extremely pleased that Mr. Laub\n has agreed to join our Board. His strong background and local presence\n adds further depth to the Company as we move forward in the development\n of our Cotabambas and Antilla projects\".\n\n\nMr. Laub has been granted a stock option for 300,000 shares pursuant to\n the terms of the Company's Stock Option Plan.  The stock options have\n an exercise price of $0.42 which vest immediately and are exercisable\n for a period of five (5) years from the date of grant.  These stock\n options have been granted pursuant to the Company's stock option plan.\n\n\nAbout Panoro\n\n\nPanoro is advancing its significant portfolio of copper and gold\n projects in the key Andahuaylas-Yauri belt in south central Peru,\n including its advanced stage Cotabambas Copper-Gold-Silver-Molybdenum\n and Antilla Copper-Molybdenum Projects.\n\n\nSince 2007, the company has completed over 70,000 m of exploration\n drilling at these two key projects leading to the delineation of\n mineral resources in late 2013 of:\n\n\n\n\n\n\n\nCotabambas:\n\n\n \n\n\nIndicated Resource 117.1 Mt @ 0.42% Cu, 0.23g/t Au, 2.74 g/t Ag &\n 0.001%Mo (@0.2% Cueq cutoff)\nInferred Resource 605.3 Mt @ 0.31% Cu, 0.17g/t Au, 2.33 g/t Ag and 0.002\n %Mo (@0.2% Cueq cutoff)\n(Tetra Tech, 2013).\n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\nAntilla:\n\n\n \n\n\nIndicated Resource 188.5 Mt @ 0.40...

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