VANCOUVER, BC, Dec. 9, 2021 /CNW/ - Elevation Gold
Mining Corporation (TSXV: ELVT) (OTCQX: EVGDF) (the
"Company" or "Elevation") a U.S. focused gold producer
with district scale exploration projects in the Walker Lane Trend
of Nevada and Arizona, is pleased to announce the
appointment of Tim J. Swendseid as
its new Chief Operating Officer.
Mr. Swendseid has over 35 years of worldwide experience in
operating, technical and financial aspects of mining
projects. Immediately prior joining Elevation, Tim was the
Chief Operating Officer of Boroo Mining at the Lagunas Norte
operation in Peru.
Previously, Mr. Swendseid held senior industry management
positions including SVP Operations and Technical at CMOC
International, President of Consulting Services, Americas at RPM
Global, General Manager for the Mulatos Mine at Alamos Gold, VP
Engineering at Frontera Copper and various management and technical
roles at Phelps Dodge. Tim holds a B. S. in Mining Engineering from
Montana Tech and an MBA from the
University of Arizona. Tim is currently a director of SME
(Society of Mining, Metallurgy & Exploration, Inc.).
Michael G. Allen, President of
Elevation Gold stated, "On behalf of the Board
of Directors of Elevation Gold it is my pleasure to welcome Tim to
the Elevation Team. Tim is a results-driven leader with
proven accomplishments in complex operations. He is a strong
mentor and a champion of safe working practices and
attitudes. We look forward to adding his strong
technical skill set to the team as we unlock value for all
stakeholders of the Moss Mine."
Stock Option Grant
The Company reports stock options have been granted to
employees, officers, and consultants of the Company to purchase up
to an aggregate of 800,000 shares at a price of C$0.86 per share for a period of five years.
About Elevation Gold Mining
Elevation Gold Mining offers investors a rare combination of
cash flow, production, top-tier management, and exceptional
exploration potential within two projects on the Walker Lane Gold
Trend of western Nevada and
Arizona. Management is executing a
clear strategy that expands production and resources at the Moss
Mine in Arizona while aggressively
exploring the Hercules Gold Project in Nevada.
ON BEHALF OF THE BOARD OF ELEVATION GOLD MINING
CORPORATION
"Michael G. Allen"
President
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.
Cautionary Statement on Forward-Looking Information
Certain of the statements made and information contained
herein is "forward-looking information" within the meaning of
applicable Canadian securities laws. All statements other than
statements of historical facts included in this document constitute
forward-looking information, including but not limited to
statements regarding the Company's plans with respect to appointing
a new Chief Financial Officer. Words such as "believe", "expect",
"anticipate", "contemplate", "target", "plan", "goal", "aim",
"intend", "continue", "budget", "estimate", "may", "will", "can",
"could", "should", "schedule" and similar expressions identify
forward-looking statements.
All of the forward-looking statements made in this document
are qualified by these cautionary statements. Although the Company
has attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated, forecast or intended
and readers are cautioned that the foregoing list is not exhaustive
of all factors and assumptions which may have been used. Should one
or more of these risks and uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
materially from those described in forward-looking information.
Accordingly, there can be no assurance that forward-looking
information will prove to be accurate and forward-looking
information is not a guarantee of future performance. Readers are
advised not to place undue reliance on forward-looking information.
The forward-looking information contained herein speaks only as of
the date of this document. The Company disclaims any intention or
obligation to update or revise forward–looking information or to
explain any material difference between such and subsequent actual
events, except as required by applicable law.
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SOURCE Elevation Gold Mining Corp.
