TSX.V: ANE
VANCOUVER,
Jan. 23, 2014 /CNW/ - Altan Nevada
Minerals Limited, TSX.V: ANE ("Altan Nevada" or the "Company")
announces the appointment of Brion
Theriault and Aidan Nania to
the board of directors ("the Board") and the resignation of
Kelly Cluer and Michael Doggett from the Board.
Mr. Nania is an Investment Banker and Managing
Director of Element Capital Partners, an investment arm of Element
Commodities Group, with interests in mining, oil, and gas. Mr.
Nania was previously Head of Investment Banking in Australia for Casimir Capital L.P., a natural
resources focused investment bank. Mr. Nania is also the President
and CEO of Archean Star Resources Inc.
Mr. Theriault serves as Exploration Manager for
Altan Nevada Minerals Limited. He is a Certified Professional
Geologist and Qualified Person and has over 20 years of
experience in precious metals exploration, development, and
production including substantial experience in Nevada on the Carlin, Battle Mountain-Eureka, and Independence Trends. Mr. Theriault
has consulted to successful juniors and served on the staffs of
AngloGold and Newmont. Notably, at Premier Gold Mines he
managed the exploration office and designed and supervised their
deep-drilling program to explore and delineate the Saddle gold
deposit on the Carlin Trend; and at Newmont, he discovered an
extension of the Lone Tree deposit and developed the stratigraphic
model which led directly to the discovery of the Barrel deposit on
the Carlin Trend.
The Company wishes to thank Mr. Cluer and Mr.
Doggett for their contribution to the Company over the past years
and wishes them well with future endeavors.
The Company also announces that it has granted
to directors, officers, consultants and management of the Company,
stock options (the "Options") to purchase a total of 1,430,000
common shares at a price of $0.10 per
common share. The Options are exercisable for a period of 5 years
ending January 23st, 2019 and have
been granted in accordance with the terms of the Company's current
stock option plan.
About Altan Nevada
Altan Nevada is a leading exploration innovator focused on the
discovery of large-scale ore systems in under-explored districts of
Nevada, USA. The Company's
holdings in Nevada currently total
more than 15,002 hectares. Projects include two potential
district-scale extensions to the north Carlin Gold Trend, three Yerington District copper-gold targets and
three large-scale gold alteration systems along the Walker Lane
lineament in central Nevada.
On behalf of Altan Nevada Minerals Limited,
"Evan Jones"
Evan Jones, President &
CEO
This press release may contain forward looking statements
including those describing Altan Nevada's future plans and the
expectations of management that a stated result or condition will
occur. Any statement addressing future events or conditions
necessarily involves inherent risk and uncertainty. Actual results
can differ materially from those anticipated by management at the
time of writing due to many factors, the majority of which are
beyond the control of Altan Nevada and its management.
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.
SOURCE Altan Nevada Minerals Limited
