July 22, 2016 – Vancouver, BC, Canada. – Great Bear Resources Ltd. (the “Company” or “Great Bear”, TSX-V: GBR) is pleased to announce the appointment of Dr. David Terry, P.Geo, and Mr. Douglas Ramshaw to the Company’s Board of Directors.
Chris Taylor, Great Bear’s President and CEO said, “Skilled people are among the most important assets a company can have, and the Great Bear family has just become stronger. With the addition of Dr. Terry and Mr. Ramshaw, our shareholders will benefit from strong exploration and corporate development experience that will help set the stage for successful, long-term growth.”
Dr. Terry is a professional economic geologist, senior executive and corporate director with more than 25 years’ of international experience in the mineral resources sector. He has played key roles in the successful acquisition, exploration and development of a number of precious and base metal deposits, primarily in North and South America, and has expertise in advanced project evaluation, M&A, corporate finance, and design and execution of effective exploration programs.
Dr. Terry currently serves as a director of Golden Arrow Resources Corp. and as President and CEO of Comstock Metals Ltd. He has also worked with a number of senior mining companies including Boliden Ltd., Westmin Resources Ltd., Hemlo Gold Mines Inc., Cominco Ltd. and Gold Fields Mining Corp.
Dr. Terry holds a B.Sc. and Ph.D. in geology from Western University in Ontario and is a member of the Association of Professional Engineers and Geoscientists of British Columbia.
Mr. Ramshaw is a senior executive and corporate director with more than 20 years of experience in the mineral resource sector. His work has focused on mineral project evaluation, M&A, and business development strategies supporting corporate growth. Despite his executive roles in exploration and mineral development, he retains a hands-on approach to geological exploration, most recently spending time on field programs in Canada and Latin America.
Mr. Ramshaw currently serves as a director of Vendetta Mining Corp. and VP Corporate Development of Corex Gold Corp., and previously worked as a mining analyst for an independent brokerage firm in London, U.K., and has served as President and CEO, and VP Business Development, for a number of publicly listed junior resource companies.
Mr. Ramshaw holds a B.Sc. (Hons) in Mining Geology from the Royal School of Mines, Imperial College, in London, United Kingdom.
Mr. Patrick McAndless, P.Geo, has resigned as a Director of the Company but will continue to serve on the Company’s Technical Advisory Board, where he will continue to help guide Great Bear’s exploration efforts.
Mr. R. Bob Singh, P.Geo, Director and VP Exploration for Great Bear, is the Qualified Person as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.
For further information please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-681-0037.
ON BEHALF OF THE BOARD
Chris Taylor, President and CEO
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This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.
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