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Minfocus Exploration Corp

Exchange: TSXV Exchange | Jul 21, 2018, 7:16 PM EDT

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Minfocus Announces Advisory Board Appointment of Wayde Guinchard, Former Senior Banker, Distinguished Prospector and a Founder of NPLA




Minfocus Announces Advisory Board Appointment of Wayde Guinchard, Former Senior Banker, Distinguished Prospector and a Founder of NPLA



Toronto, ON (FSCwire) - Minfocus Exploration Corp. (TSX-V: MFX) (“Minfocus” or “Company”) is pleased to announce the appointment of Wayde Guinchard to the Minfocus Advisory Board. Wayde is a distinguished Newfoundland prospector who was active in the founding and organizing of the Newfoundland Labrador Prospectors Association (NPLA).  He served as a Board member of the NPLA from 2012-2016, was Vice President, and chaired the NPLA Government Policies and Programs Committee.  Wayde has been a Newfoundland prospector for over 20 years, and for the last 8 years on a full-time basis, after retiring from his role as a senior banker in Newfoundland and Labrador.  He has been involved in prospecting all over the island and Labrador over many years working on the advancement of precious and base metals properties.

 

Mr. Guinchard, prior to prospecting full-time, retired as District Banking Manager, Newfoundland and Labrador, after a 36 year career with Scotiabank where he was involved in multiple areas of banking in the province including Retail, Commercial, Operations, Project Management, Automotive Finance and International Trade, which required regular visits throughout Newfoundland and Labrador and networking with a diverse group of business and government people.  In addition, he has contributed his time and services to a variety of community and business associations in Newfoundland including Mazol Shriners, Rotary, Board of Trade, Newfoundland Offshore Industry Association and the St. John’s Nursing Home Board.

 

He is also one of the vendors of the Round Pond Zinc Project recently optioned by Minfocus on the Northern Peninsula of Newfoundland. The Round Pond Prospect is a former 1970’s Cominco zinc project that has an historic resource of 400,000 tons grading 2.0% zinc.  Also, within the Round Pond Zinc Project is the Phillips Prospect which also has an historic resource of 89,000 tons grading 1.5% zinc, which is about 700 metres southwest of the Round Pond Prospect.

 

Kenneth de Graaf, President and CEO of Minfocus, stated, “Minfocus is truly fortunate to have Wayde Guinchard join the Minfocus advisory team.  Wayde is a distinguished Newfoundlander with knowledge and experience in both business and the mineral industry in the province.  We look forward to the advice and experience that Wayde will provide to the Minfocus Board as it continues to pursue its mineral exploration plans in Newfoundland.”

 

Corporate Update

 

Stock Options Granted

Minfocus has granted 300,000 stock options to Mr. Guinchard upon his appointment to the Minfocus Advisory Board in accordance with TSXV policy and the Minfocus Stock Option Plan.

 

About Minfocus Exploration Corp.

 

Minfocus Exploration Corp. is a Canadian company currently advancing a portfolio of base-metal projects including three Mississippi-Valley-Type zinc projects in British Columbia and Newfoundland, an awaruite (Ni3Fe, a natural alloy) nickel project in northern British Columbia and a Platinum Group Element (“PGE”) –enriched Ni-Cu-Pt-Pd project in N.W. Ontario.  Minfocus has a successful management group with a record of multiple discoveries of deposits worldwide, including gold and uranium deposits in Mongolia and PGE-rich resources in Ontario, including the discovery of the first platinum-rich Ni-Cu-Pt-Pd deposit in the Midcontinent Rift, the Current Lake deposit (+700,000 oz. Pt-Eq).

 

For further information, please contact:

 

Kenneth B. de Graaf

President & Chief Executive Officer

Email: kennethd@minfocus.com

 

The Qualified Person who has reviewed and approved the technical content contained in this release is Dr. Graham C. Wilson, P.Geo.(Ont), a director of Minfocus.

 

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

 

This press release includes certain forward-looking statements concerning the future performance of the Company’s business and operations as well as management’s objectives, strategies, beliefs and intentions.  Forward-looking statements are often identifiable by the use of words such as “may”, “will”, “might”, “would”, “plan”, “believe”, “expect”, “anticipate”, “intend”, “estimate”, “scheduled”, “forecasts” and similar expressions or variations (including negative variations) of such words and phrases.  Forward-looking statements are based on the current opinions and expectations of management, and are subject to a number of risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those currently anticipated by such statements.  Factors that could cause actual results or events to differ materially from current expectations include, among other things, the possibility that future exploration results will not be consistent with the Company’s expectations, fluctuating commodity prices, delays in commencing the Company’s proposed drilling program, exploration costs varying significantly from estimates, the availability of financing, and other risks identified in the Company’s documents filed with the Canadian securities regulatory authorities at www.sedar.com.  Any forward-looking statement speaks only of the date on which it is made, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.







Source: Minfocus Exploration Corp. (TSX Venture:MFX)

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