Golden Share Sources (TSXV: GSH) is exploring for diamonds and treasured and base metals in Ontario.
The Canadian junior owns properties near Ontario’s Ring of Hearth, 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 contains a various vary of wholly-owned early exploration-stage tasks, together with Ogoki, a drill-ready diamond mission; Kagiami, a drill-ready mission that hosts targets for Volcanogenic Large Sulphide mineralisation, orogenic gold, and intrusion-hosted base metals and platinum group parts; Petawanga, which reveals potential for base steel sulphide occurrences; and Ratte Lake, a treasured and base metals mission.
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 Hearth, however we’ve additionally assembled a really proficient and skilled staff to advance them.”
“For nearly three a long time, I’ve efficiently based and operated corporations in China, Canada, and the U.S. As an entrepreneur mineral exploration is fascinating, and with Golden Share I noticed a possibility to grow to be concerned within the business. I’ll use my expertise to make Golden Share a profitable firm as I’ve accomplished for different corporations up to now.”
Initially, Zeng was an investor in Golden Share, holding 516,667 shares. In 2015, he turned its CEO after growing his shareholdings to 4,740,878 shares “to grow to be 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 changing into CEO, his first motion was to exchange the present staff. “I consider the most effective asset any firm has is its folks. I’m now assured we’ve the proper administration and exploration groups to progress our portfolio of tasks.”
Golden Share’s govt staff now consists of Wes Roberts, a mining engineer with over 35 years of expertise within the financial analysis and improvement of mineral deposits, due diligence, and company mergers and acquisitions.
The staff additionally consists of David Graham, who has over 40 years within the mineral exploration business. Between 2006 and 2010, he was vice chairman of Noront Sources (TSXV: NOT). “Throughout his time with Noront, the corporate made main discoveries within the Ring of Hearth,” Zeng stated.
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 in depth community in China,” he stated, including that “Huang gives Golden share with nice entry in China.”
Zeng has additionally strengthened Golden Share’s exploration staff, hiring Ian Johnson, a geophysicist with greater than 40 years of expertise in mineral exploration and “is a number one knowledgeable on airborne VTEM [versatile Time Domain Electromagnetic] surveying,” Zeng stated. He additionally introduced in Ian Trinder, whom Zeng stated 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 Hearth, 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 latest bidding warfare between Australian rivals BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Wyloo Metals for the acquisition of Noront and its Ring of Hearth property “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 info.