Evrim Resources (EVM-V) Prospect generator
www.evrimresources.com
28.5 million o/s
Insiders own 24%
$4.8 million cash (as of Nov 10, 2012)
Key people
Paddy Nicol, MBA – President, CEO and Director
Paddy has over 15 years' experience in public company management serving on the boards of Abacus Mining Corp., Redstar Gold Corp., Niblack Mining Corp., Cobre Exploration Ltd., and Spanish Mountain Gold. Most recently he was the President and CEO of Niblack Mining Corp. which successfully merged with Committee Bay Resources in 2008. During his tenure, Paddy developed an extensive network of contacts throughout the institutional and retail investment community. Paddy holds an MBA in management consulting from Royal Roads University in Victoria, British Columbia.
Ken Paul, M.Sc – Chairman of the Board
Ken has over 30 years' experience in the mining industry, including 20 years with Newmont Mining Corporation and 9 years with Kennecott Utah Copper. His most recent responsibilities with Newmont Mining were as Director of North America Exploration, Director of Geology overseeing the Yanacocha Gold District, and Director of Geology overseeing the Nevada region and operations. Prior to this he held positions ranging from Project Geologist to Chief Geologist on several Carlin Trend mines. He holds an M.Sc. in geology from the University of Idaho and a bachelor's degree in geology from the University of Cincinnati.
Paul Van Eeden B.Sc. – Director
Paul is an independent businessman with over 25 years' experience. He is the president of Cranberry Capital Inc., which, through its subsidiaries is involved in equity financing, lending, M&A and consulting to mineral exploration companies. Paul is well known for his macro economic research on monetary inflation and the gold price.
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Evrim, Callinan Royalties (CAA-V) start $1.5-million of work in Mexico
Jan 17, 2013 - News Release
Evrim Resources Corp. has commenced geological work under an agreement with Callinan Royalties Corp. for a four-year, $1.5-million regional exploration alliance in Mexico. The alliance will initially focus on generating gold and silver targets within a 40,000-square-kilometre area of interest (AOI). Callinan has already provided the initial financing of $500,000 for the first year of exploration.
Callinan will provide annual financing to the alliance and Evrim will conduct generative exploration within the AOI to stake and acquire new projects, and develop the projects for joint-venture purposes. Projects acquired within the AOI during the term of the alliance will be 100 per cent owned by Evrim and subject to a 1.5-per-cent net-smelter-returns royalty in the case of precious metals, and a 1.0-per-cent NSR in the case of base metals and other minerals to Callinan. Evrim will grant to Callinan a right of first offer on the sale of any royalties owned by Evrim on Alliance properties.
The initial phase of the program will consist of compilation of geological and land tenure data within the AOI to identify high-priority targets. The second phase will be to conduct field examination of available targets, including surface geochemical sampling, and geological mapping and prospecting.
"We are excited to start project generation in another geological terrane in Mexico," commented Paddy Nicol, president and chief executive officer of Evrim. "Evrim's regional and local expertise will provide the alliance with a head start in identifying new opportunities for new and existing exploration partners. Moreover, it will provide Callinan the potential for the creation of a new portfolio of precious- and base-metal royalties for its shareholders."
We seek Safe Harbor.
Active partnerships...
Inmet Mining Corp. - Suaqui Verde, Cumobabi & Cardeleña
Vale Exploration Canada Inc. - Arroyo Amarillo
Newmont Ventures Ltd. - Trans Mexican Volcanic Belt
evrimresources.com
Fact sheet
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