TORONTO, ONTARIO--(Marketwired - Sept. 20, 2016) - Reliant Gold Corp. ("Reliant Gold" or the "Corporation") (TSX VENTURE:RNG) is pleased to announce that it has appointed Mr. Richard (Rick) W. Risto, Senior Associate Geologist of Watts, Griffis and McOuat Limited, as its independent geological consultant and Qualified Person ("QP"), as that term is defined under National Instrument 43-101. Rick is an exploration geologist with over 36 years of experience, and during his accomplished career, he has compiled historical geological-exploration data from various sources and databases to better define drilling targets; managed exploration and drilling programs; and authored or co-authored numerous NI 43-101 technical reports providing mineral resource and reserve estimates.
Rick holds a Honours Bachelor of Science degree in Geology from Brock University and a Master of Science degree in Mineral Exploration from Queen's University. He is also qualified as a Professional Geoscientist of Ontario (P.Geo.), and is a member of the Association of Professional Geoscientists of Ontario; Association of Applied Geochemists; and the Prospectors and Developers Association of Canada.
In addition to providing the Corporation with the benefit of his technical and geological expertise, Rick will assist Reliant Gold (i) carry out an evaluation of its current gold exploration project - the East Bay Property, located in the McVicar Lake Area, Patricia Mining Division, in northern Ontario, and (ii) identify, for potential future acquisition, high quality mineral projects that are prospective for gold exploration.
Watts, Griffis and McOuat Limited ("WGM") is "Canada's longest running independent firm of geological and mining consultants". Since 1962, WGM has been providing both junior mineral exploration companies and established global mineral producers with a suite of technical services, including grass-roots exploration and drilling, turnkey project management, property evaluations, and preparation of mineral resource and reserve estimates pursuant to National Instrument 43-101. WGM's reach is global, as the firm has been involved in a technical and consulting capacity for mineral exploration and mining projects all over the world, including North America, South America, Africa, and the Middle East.
"We look forward to working with both Rick Risto and WGM, and we are extremely fortunate that Rick has agreed to serve in the role of Reliant Gold's independent geological consultant and QP," said Kabir Ahmed, Chairman, President & CEO of Reliant Gold. "Both Rick and WGM have a depth of technical expertise that will assist Reliant Gold advance its current East Bay mineral project."
ABOUT RELIANT GOLD
Reliant Gold is a junior mineral exploration company with an experienced management team engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. Reliant Gold currently holds a 100% interest in the East Bay Property, comprised of 56 mineral claim units totalling 896 hectares in the McVicar Lake area, located approximately 90 kilometres west of Pickle Lake, Ontario, and 130 kilometres southwest of Goldcorp Inc.'s Musselwhite Gold Mine.
The common shares of Reliant Gold trade on the TSX Venture Exchange under the stock symbol ″RNG″. The Corporation has 22,945,169 common shares issued and outstanding.
Certain statements in this press release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of Reliant Gold or the industry in which it operates to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, the words "estimate", "believe", "anticipate", "intend", "expect", "plan", "may", "should", "will", the negative thereof or other variations thereon or comparable terminology are intended to identify forward-looking statements. Such statements reflect the current expectations of the management of Reliant Gold with respect to future events based on currently available information and are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from those expressed or implied by those forward-looking statements. These risks and uncertainties are detailed from time to time, including, without limitation, under the heading "Risk Factors", in Reliant Gold's prospectus and in other continuous disclosure documents that are filed by Reliant Gold from time to time with the Ontario, Alberta or British Columbia Securities Commissions which are available at www.sedar.com and to which readers of this press release are referred for additional information concerning Reliant Gold, its prospects and the risks and uncertainties relating to Reliant Gold and its prospects. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of Reliant Gold to be materially different from those contained in forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Reliant Gold cannot assure investors that actual results will be consistent with these forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.
The forward-looking information contained in this press release is current only as of the date hereof. Reliant Gold does not undertake or assume any obligation, except as required by law, to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
No securities commission or regulatory authority has approved or disapproved the contents of this press release.
Neither the 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.