TORONTO, ON, April 11, 2020 – Strike Copper Corp. ("SCC" or the "Company") is pleased to announce the appointments of Ikram (Ike) Osmani, MSc. Geology, P.Geo to its Board of Directors (the "Board").
Charles Elbourne, President and CEO of the Company stated that, “I am very pleased to welcome Ike to our Board. Ike has a wealth of experience in the Shebandowan Greenstone Belt and is highly regarded for his exploration efforts and resource development work in Northern Ontario (including the Osmani Gold Deposit comprising 96,000 oz Au (indicated) and 765,000 oz Au @ 0.8g/t (inferred) resources). Ike also has experience as a corporate executive in the junior mining sector (for both private and public companies) and we anticipate that he will be a positive addition to our corporate governance team.”
Ikram (Ike) A. Osmani, MSc. (Geology), P.Geo
Ike has 35 years’ experience in field-based mineral exploration (for a variety of mineral commodities in diverse geological settings) as well as resource development and research encompassing geological mapping, geophysical data interpretation, diamond drill program supervision, core logging, field project planning and supervision and preparation of NI 43-101 technical reports as a Qualified Person (“QP”). Ike also has five years corporate experience included responsibilities of running publicly-traded junior resource companies in executive capacities. His accomplishments include the development of a NI 43-101 compliant gold resource of a million ounces (Indicated and Inferred) in less than 1.5 years in the Shebandowan greenstone belt in Northwestern Ontario and the discovery of significant Titanium-Vanadium mineralization while exploring and developing a magmatic Ni-Cu-PGM deposit approximately 75 km west of the “Ring of Fire” also in Northern Ontario.
About Strike Copper Corp.
Strike Copper Corp. (“SCC”) is a junior mineral exploration company currently focused on defining and monetizing the resource potential of its Sungold property in the historic Shebandowan Greenstone Belt just 85 km west of Thunder Bay in Northwestern Ontario. The 15,000-plus acre Sungold property is adjacent to a 43-101 proven 3.2 million Au resource held by Goldshore Resources Inc. (“Goldshore”). The property also includes the massive sulphide Wye Lake occurrence and the southeast extension of Goldshore’s Hamlin IOCG (iron oxide-copper-gold-uranium) deposit, which has the potential for Ni-Cu-PGE and Porphyry Cu mineralization. SCC is a related party to Interbanc Capital Corp., Tashota Resources Inc. and Trojan Gold Inc. due to having directors-in-common. For further information on the Company, visit www.strikecoppercorp.com
ON BEHALF OF THE BOARD,
Charles J. Elbourne,
President & CEO
For further information, please contact:
Charles J. Elbourne, President & CEO,
Strike Copper Corp.
82 Richmond St. E. Suite 401
Toronto, ON M5C 1P1
Cautionary Note Regarding Forward-Looking Statements and Information
This release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements regarding the impact and implications of drill results of the Company; the timing and amount of estimated future exploration and success of such exploration activities; and the anticipated results of the Company's plan to develop and implement a drill program at its Sungold project. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "schedule", "estimates", "forecasts", "intends", "continue", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are made based upon certain assumptions and other important facts that, if untrue, could cause the actual results, performance or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, currency fluctuations, the global economic climate, dilution, share price volatility and competition. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the impact the COVID 19 pandemic may have on the Company's activities and the economy in general; the impact of the recovery post COVID 19 pandemic and its impact on precious metals; there being no assurance that the exploration program will result in expanded mineral resources; risks and uncertainties inherent to any mineral resource estimates; receipt of necessary approvals; general business, economic, competitive, political and social uncertainties; future gold and other metal prices; accidents, labour disputes and shortages; environmental and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
In presenting this information, SCC is not making an offer to sell nor soliciting an offer to buy any securities, certifying the completeness or accuracy of this information, or assuming that the recipient is qualified to consider this opportunity. Accordingly, this document does not and is not intended to comply in any manner with any United States or Canadian securities or disclosure laws or requirements. Prior to making or soliciting any such offer, the Company will provide access to such information and will comply with the requirements of applicable securities laws.
SOURCE: Strike Capital Corp.