Kutcho Copper Appoints New Chief Operating Officer
July 12 2022 - 8:00AM
Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF)
(“
Kutcho Copper” or the
“
Company”) is pleased to announce the appointment
of Andrew Sharp as Chief Operating Officer. Andrew is a mining
engineer with 35 years of mining experience primarily in mine
design, construction, operational mine planning, mine management
and leadership in the precious and base metals industries. Andrew
Sharp’s career delivers a “boots to boardroom” practical
understanding of the complete life cycle of a project, from design
through construction, operation and into closure. Andrew has worked
on and led a number of successful mine start-ups in roles of
General Manager, Vice President for Engineering and Country
Manager.
A seasoned expatriate, Andrew is bilingual in
English and Spanish and holds dual citizenship in Canada and
Australia. He is a fellow of the AusIMM and a Professional Engineer
(P.Eng.) registered with Engineers and Geoscientists of BC (EGBC).
He is a Qualified Person author of numerous Technical Reports for
mining projects filed in Canada and has been trained in the
Australian Joint Ore Reserve Committee (JORC) code.
Core competencies include:
- Exposure to a project’s complete
life cycle and especially management of mine start-ups and
turn-arounds;
- Mine planning and operations
experience with underground and open cut operations;
- Management of plant rehabilitations
and process improvements;
- Executive management including
preparation and presentation of public statements;
- Managed and QP for feasibility
(FS), pre-feasibility (PFS), and preliminary economic assessment
(PEA) studies under Canada’s NI43-101 Standards for Disclosure for
Mineral Properties.
Past experience includes:
- Principal Consultant, CSA Global
Consultants Canada Ltd.;
- VP Engineering, Endeavour Silver
Corp.;
- EVP Mining Operations, Quintana
Resources LLC;
- General Manager, Golden Minerals
Ltd.;
- VP Technical Services, Silver
Standard Resources Inc.;
- General Manager, Great Panther
Silver Ltd.; and
- Manager Technical Services and
Manager of Mine Planning, Pan American Silver Corp.
Vince Sorace, President & CEO of Kutcho
Copper stated: “We welcome the addition of Andrew’s extensive
experience and expertise to the team at Kutcho as we move forward
through the next phase of the Company’s growth. His skillsets are
perfectly suited as the Company moves through key engineering
design phases towards a construction decision, and provides the
required experience in mine building and operations.”
Andrew Sharp, newly appointed COO of Kutcho
Copper stated: “The Kutcho copper-zinc project is in the sweet spot
of my experience, both from a scale, commodity and stage of
development. I am looking forward to working with the team at
Kutcho as the project advances through permitting, value
engineering and, ultimately, construction and operations. I am
passionate about my chosen profession, as it represents an
opportunity to create significant value for investors and entails
working with a wide range of people, physical situations, and
technical data to yield the best outcome. Finding the optimal
solution to varied interests and objectives inspires me to do my
best work every day.”
Rob Duncan, who has provided the Company
invaluable advice and input over the past several years will remain
with the Company as Technical Advisor.
In addition, the Company announces the grant of
an aggregate of 500,000 stock options to senior officers of the
Company, with each option exercisable at a price of $0.25 cents per
share for a period of five years. Stock options may be subject to
vesting requirements, as determined by the board of directors. The
options have been granted in accordance with the terms of the
Company's current stock option plan.
Vince SoracePresident & CEO, Kutcho Copper Corp.
For further information regarding Kutcho Copper Corp., please
email info@kutcho.ca or visit our website at www.kutcho.ca.
Cautionary Note Regarding Forward-Looking
Statements
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.
This news release contains certain statements
that may be deemed “forward-looking statements” with respect to the
Company within the meaning of applicable securities laws.
Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
“expects”, “plans”, “anticipates”, “believes”, “intends”,
“estimates”, “projects”, “potential” and similar expressions, or
that events or conditions “will”, “would”, “may”, “could” or
“should” occur. Although Kutcho Copper believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance, are subject to risks and uncertainties, and
actual results or realities may differ materially from those in the
forward-looking statements. Such material risks and uncertainties
include, but are not limited to, statements and information related
to the Feasibility Study; the Company’s ability to raise sufficient
capital to fund its obligations under its property agreements going
forward, to maintain its mineral tenures and concessions in good
standing, to explore and develop the Kutcho project or its other
projects, to repay its debt and for general working capital
purposes; changes in economic conditions or financial markets; the
inherent hazards associates with mineral exploration and mining
operations, future prices of copper and other metals, changes in
general economic conditions, accuracy of mineral resource and
reserve estimates, the ability of the Company to obtain the
necessary permits and consents required to explore, drill and
develop the Kutcho project and if obtained, to obtain such permits
and consents in a timely fashion relative to the Company’s plans
and business objectives for the projects, including the
environmental assessment process; the general ability of the
Company to monetize its mineral resources; and changes in
environmental and other laws or regulations that could have an
impact on the Company’s operations, compliance with environmental
laws and regulations, aboriginal title claims and rights to
consultation and accommodation, dependence on key management
personnel and general competition in the mining industry.
Forward-looking statements are based on the reasonable beliefs,
estimates and opinions of the Company’s management on the date the
statements are made. Except as required by law, the Company
undertakes no obligation to update these forward-looking statements
in the event that management’s beliefs, estimates or opinions, or
other factors, should change.
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