Endurance Gold Corporation (EDG - TSX.V) is pleased to announce the appointment of Mr. Robert Pease to the Board of Directors, effective immediately. Mr. Pease has been involved with mineral exploration and mine development projects worldwide for the past 30 years.
Mr. Pease was previously the founder, President, CEO and Director of Terrane Metals Corp. from its inception in 2006 until its acquisition in 2010 by Thompson Creek Metals Company. Terrane was a mineral exploration and development company focused on the development of the Mt Milligan gold and copper project. Mr. Pease guided the company through development studies and permitting, and initiated construction prior to the acquisition by Thompson Creek.
He is currently a Director and active Strategic Advisor for Richfield Ventures, a mineral exploration and development company focused on the Blackwater Gold project in central British Columbia, Canada. Richfield is currently subject to a friendly proposed acquisition by New Gold Inc. Mr. Pease is also currently a Director of Pilot Gold, a mineral exploration and development company.
Previously, he was employed by the Placer Dome group for 25 years. From 2002 to 2006, Mr. Pease was the General Manager, Canada Exploration and Global Major Projects, where he was responsible for managing all aspects of Placer Dome's Canadian exploration, and overseeing the geological aspects of world-wide advanced stage, major exploration and development projects.
Mr. Pease holds a B.Sc. degree in Earth Science from the University of Waterloo, a Professional Geologist (British Columbia) certification and is a Fellow of the Geological Association of Canada. He is a Past-Chairman of the Association for Mineral Exploration British Columbia.
Robert T. Boyd, the Company's President and CEO, stated "We are pleased to have Mr. Pease join our Board of Directors. In addition to being an exceptional exploration geologist, Mr. Pease is well respected by the capital markets for his successful guidance of the growth of Terrane. We look forward to his advice and assistance at Endurance".
Mr. Pease has been granted 300,000 incentive stock options, priced at $0.21 and exercisable for a period of five years.
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 news release. This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from the expected results.