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Panoro Minerals Announces the Appointment of Augusto Baertl as Chairman
VANCOUVER, British Columbia, April 29, 2019 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV: PML, Lima: PML, Frankfurt: PZM) ("Panoro", or the "Company") is plea
About this update from Panoro Minerals Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, April 29, 2019 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV: PML, Lima: PML, Frankfurt: PZM) (\"Panoro\", or the \"Company\") is pleased to announce the appointment of Mr. Augusto Baertl of Lima, Peru as Chairman, effective as of this date. He has been a Director of the Company since 2017. Mr. Baertl is an experienced mining executive with over 50 years of experience in the Peruvian and International Mining sectors. Mr. Baertl's career began with the San Cristobal Mining unit of the Cerro de Pasco Corporation followed by Compañía Minera Milpo where he rose to the role of President & CEO. Mr. Baertl was also President & CEO of Compañía Minera Antamina where he led the $2.25 billion development of one of the world's largest copper/zinc mines from exploration to start-up. Mr. Baertl is a past member of the Board of Directors of many mining companies including Milpo, Atacocha, Huaron, Chungar, Corporacion Minera Castrovirreyna, Norsemont Mining and Chinalco International in addition to serving on the boards of banking, engineering, construction and contract mining companies in Peru. Mr. Baertl is a former Chairman of the SNMPE, IIMP, Petroperu, the Canada Peru Chamber of Commerce and the Peru Chapter of the Latin American Business Council. Mr. Baertl has recently been appointed as Chairman of the Board of Directors of Graña y Montero, a New York Stock Exchange listed and Peru's largest Engineering and Infrastructure company. He is also currently a member of the Board of Directors of Alturas Minerals, Fima and Stevia One and is active with a number of Non Governmental Organizations in Peru such as Horizonte Corporativo and Cedro. Mr. William Boden, who has served as Chairman since 2011, and will remain a director of the Company, comments “we are excited that Mr. Baertl has accepted this position as we further develop our two flagship properties, which have a current combined PEA valuation of $US990 million, after tax. Augusto’s experience will be of great benefit to the Company as it advances its significant portfolio of Peruvian copper assets into feasibility and development stages.” About Panoro Panoro Minerals is a uniquely positioned Peru focused copper exploration and development company. The company is advancing its flagship Cotabambas and Antilla Projects. The Company has also part...