VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 7, 2016) - Cresval Capital Corp. ("Cresval" or "the Company") (TSX VENTURE:CRV) today announced that, effective immediately, Mr. Ernest Calvert has resigned from the Company's Board of Directors following 12 years of service. The Company wishes to thank Mr. Calvert for his years of dedication and service.
Following Mr. Calvert's resignation, Mr. Bruno Barde, MSc, BSc, PGeo, was appointed to Cresval's Board of Directors. Mr. Barde provides the Company with extensive mineral exploration experience, both domestic and international. Over the past 25 years, Mr. Barde has managed large mineral exploration programs in North America, South America, Africa and Europe. Previously he held senior positions with Placer Dome Inc. and, more recently, served as Regional Chief Geologist for Alamos Gold Corp.
"Speaking for the entire Board, we're thrilled to have Mr. Barde join the Cresval team," said Cresval CEO Lee Ann Wolfin. "His senior level experience, perspective and contacts -- both on the ground and in the boardroom -- will be invaluable to us as we work to explore and advance our MIKE Project."
Cresval's 100%-owned MIKE Project is situated in the Lillooet Mining region of southwestern British Columbia near the HDI/Amarc IKE Project. Recent exploration by Cresval, along with historical exploration by Cominco, Noranda, Phelps Dodge and others, has located significant copper mineralization on the MIKE Project and reinforced the property's bulk-tonnage, porphyry potential.
Cresval is a junior copper and precious metals exploration company actively involved in three 100% owned projects situated near the productive Bralorne Gold camp in southwestern British Columbia.
Information on the MIKE Project is available on the Company's website at www.cresval.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Lee Ann Wolfin, President
Forward looking statements: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release contains statements that are forward‐looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward‐looking statement.