Golden Share Assets (TSXV: GSH) is exploring for diamonds and valuable and base metals in Ontario.
The Canadian junior owns properties near Ontario’s Ring of Fireplace, an rising mining district within the James Bay Lowlands area within the north of the province, about 500 km northeast of Thunder Bay.
The corporate’s portfolio includes a various vary of wholly-owned early exploration-stage initiatives, together with Ogoki, a drill-ready diamond venture; Kagiami, a drill-ready venture that hosts targets for Volcanogenic Huge Sulphide mineralisation, orogenic gold, and intrusion-hosted base metals and platinum group parts; Petawanga, which exhibits potential for base steel sulphide occurrences; and Ratte Lake, a valuable and base metals venture.
Nick Zeng, Golden Share’s CEO, says that the properties “profit from not solely being situated alongside the proposed infrastructure hall for the Ring of Fireplace, however we now have additionally assembled a really gifted and skilled crew to advance them.”
“For nearly three a long time, I’ve efficiently based and operated firms in China, Canada, and the U.S. As an entrepreneur mineral exploration is fascinating, and with Golden Share I noticed a chance to develop into concerned within the trade. I’ll use my expertise to make Golden Share a profitable firm as I’ve performed for different firms previously.”
Initially, Zeng was an investor in Golden Share, holding 516,667 shares. In 2015, he grew to become its CEO after rising his shareholdings to 4,740,878 shares “to develop into the biggest shareholder of the corporate and to align myself with the opposite shareholders.” He now holds an 11.65% curiosity in Golden Share.
After turning into CEO, his first motion was to switch the prevailing crew. “I imagine the very best asset any firm has is its individuals. I’m now assured we now have the fitting administration and exploration groups to progress our portfolio of initiatives.”
Golden Share’s government crew now contains Wes Roberts, a mining engineer with over 35 years of expertise within the financial analysis and growth of mineral deposits, due diligence, and company mergers and acquisitions.
The crew additionally contains David Graham, who has over 40 years within the mineral exploration trade. Between 2006 and 2010, he was vp of Noront Assets (TSXV: NOT). “Throughout his time with Noront, the corporate made main discoveries within the Ring of Fireplace,” Zeng mentioned.
Zeng additionally introduced in Zheng Huang as a board member. “With 40 years of expertise in minerals exploration, Huang has experience in building, drilling, and funding in addition to an intensive community in China,” he mentioned, including that “Huang offers Golden share with nice entry in China.”
Zeng has additionally strengthened Golden Share’s exploration crew, hiring Ian Johnson, a geophysicist with greater than 40 years of expertise in mineral exploration and “is a number one professional on airborne VTEM [versatile Time Domain Electromagnetic] surveying,” Zeng mentioned. He additionally introduced in Ian Trinder, whom Zeng mentioned brings “30-plus years of expertise within the compilation, integration, and interpretation of exploration datasets to the corporate.”
He additionally welcomed as strategic advisors to the corporate Mac Watson, twice named Canada’s Prospector of Yr, as soon as for his contributions to discoveries within the Ring of Fireplace, and Sethu Raman, who performed a task in creating a number of working mines, together with the Joe Mann gold and Gwillim mines operated by Dore Copper Mining (TSXV: DCMC; US-OTC: DRCMF).
The current bidding warfare between Australian rivals BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Wyloo Metals for the acquisition of Noront and its Ring of Fireplace belongings “additionally bodes nicely for the way forward for Golden Share,” notes Zeng.
The previous Joint-Enterprise Article is PROMOTED CONTENT sponsored by GOLDEN SHARE RESOURCES and produced in cooperation with The Northern Miner. Go to www.goldenshare.ca for extra data.