GGX RETAINS STRATEGIC ADVISOR FOR GOLDEN TRIANGLE DR. SADEK E. EL-ALFY PH.D, BSC, Mining Engineer
GGX RETAINS STRATEGIC ADVISOR FOR GOLDEN TRIANGLE
DR. SADEK E. EL-ALFY
PH.D, BSC, Mining Engineer
VANCOUVER, British Columbia – January 26, 2017– GGX GOLD CORP. (TSXV.GGX) (the “Company” or “GGX Gold”) is pleased to announce that it has retained the services of Dr. Sadek E. El-Alfy, PH.D (Mining), BSC (ENG), as strategic advisor to identify and evaluate near term producing assets, specifically within the Golden Triangle near Stewart, British Columbia. Dr. El-Alfy is a professional Mining Engineer with over 35 years of experience in underground as well as open pit mining operations on various continents. His extensive experience in evaluating projects and implementing mining operations are a key asset to strengthen the GGX Gold management team. Dr. El-Alfy is fluent in English, French and Spanish.
Dr. El-Alfy’s experience includes leading the Crystallex team in Venezuela over many years, as Vice President Operations, in the development of the Las Cristinas 25 million ounces deposit. After the Las Cristinas deposit was expropriated by the Venezuelan State, Dr. El-Alfy served the company as witness of fact, in the World Bank ICSID tribunal which awarded Crystallex over $1 billion in compensation.
In parallel to the development of the Las Cristinas deposit, Dr. El-Alfy was also responsible for the safe, productive and environmentally sound operations of several Underground and Open Pit mines in the Guyana region of that country.
Dr. El-Alfy’s experience includes Chief Mining Engineer for Giant Yellowknife Mines at the historic Giant Mine in the N.W.T, and later as G.M. of the Timmins Division with responsibility spanning several underground mines as well as a large-scale tailings recovery plant.
Dr. El-Alfy was also the General Manager of the Mining & Concentrating facilities at the Iron Ore Company of Canada in Labrador City for 5 years where 2 million accident free man-hours were achieved under his tenure. He also worked in various senior capacities at Wesfrob Mines, at the Nanisivik Mine in the NWT, the Aurcana mines in Mexico and the US, as well as Coal Mines and Tin Mines in the U.K. earlier in his career.
The Board of Directors is pleased to welcome Dr. El-Alfy to the team.
On Behalf of the Board of Directors
Barry Brown, President,
This News Release may contain forward-looking statements including but not limited to comments regarding the acquisition of certain mineral claims. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and Revolver undertakes no obligation to update such statements, except as required by law.
Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates, including that: the current price of and demand for minerals being targeted by the Company will be sustained or will improve; the Company will be able to obtain required exploration licences and other permits; general business and economic conditions will not change in a material adverse manner; financing will be available if and when needed on reasonable terms; the Company will not experience any material accident; and the Company will be able to identify and acquire additional mineral interests on reasonable terms or at all. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: that resource exploration and development is a speculative business; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; potential inability to find suitable acquisition opportunities and/or complete the same; and other risks and uncertainties listed in the Company’s public filings. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information, which are qualified in their entirety by this cautionary statement. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
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