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Valterra Resource Appoints Israel Oliveira as Chief Mining Engineer for Brazil; Update on Livramento Gold Project Bulk Sample
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2020) - Valterra Resource Corpora...
About this update from Paradigm Gold Corporation
[{"type":"text","content":"Valterra Resource Appoints Israel Oliveira as Chief Mining Engineer for Brazil; Update on Livramento Gold Project Bulk SampleVancouver, British Columbia--(Newsfile Corp. - November 10, 2020) - Valterra Resource Corporation (TSXV: VQA) (OTCQB: VRSCF) (\"Valterra\" or the \"Company\") reports that it has appointed Israel Oliveira to the position of Chief Mining Engineer of Valterra's Brazilian operations conducted by Pocone Mining Minercao LTDA(\"PMM\"). Mr. Oliveira has over 27 years of experience in the Brazilian gold mining industry with management roles at AngloGold Ashanti, Jaguar Mining, Vale, Orinoco Gold, Paulo Abib Engenharia and most recently NEXA. Israel's roles have spanned Mine Plan management, Corporate planning, Control Manager, Corporate General Manager of Safety, Health and Environment and Hydro metallurgical Plant Process Coordinator. The appointment of Mr. Oliveira follows the recent announcement on November 2nd, 2020 that Paulo Afonso de Aguirre was appointed to the position of Chief Geologist of Valterra's Brazilian operation. Mr. Aguirre was for the past 12 years a senior geologist for AngloGold Ashanti in Brazil. The senior management team also includes Marcelo Lima, who has over 30 years of mining experience and has been responsible for the opening of eight mines. Mr. Lima has previously worked with Anglo Gold Ashanti, Rio Tinto, Votorantim Metals, Jaguar Mining and Orinoco Gold. Mr. Oliveira, Mr. Aguirre and Mr. Lima report to Richard Crew, the Company's Chief Operating Officer. These four gentlemen have over 100 years of experience in the Brazilian gold mining industry. President Lawrence Page commented, \"Valterra believes there is significant scope in the central Brazil's Cuiaba Basin (Baixada Cuiabana) to grow through acquisition of existing production properties that have historically been undercapitalized, but have the potential to develop large and high-margin resources. We welcome Israel to our fast-growing A-team and look forward to our first gold pour from our bulk sample at the Livramento Gold Project in the coming 2 weeks.\"Update on Livramento Gold ProjectValterra recently announced that it had commenced a 5,000-tonne bulk sampling program at the Livramento Gold Project to better evaluate the grades of the existing vein system on the property (see NR-11-20, October 13, 2020). In the last two w...