Golden Peak Proposes Name Change to BlueBird Battery Metals Corp. and Appoints Peter A. Ball Chairman & CEO
Momentum Public Relations
Press Release: April 4 2018
Golden Peak Minerals Inc. (TSXV: GP) (the ” Company ” or ” Golden Peak “) announces that the Board of Directors have approved a change of corporate name to BlueBird Battery Metals Corp. (” BlueBird “), and is also pleased to announce the appointment of Mr. Peter A. Ball, a current director of the Company, as Chairman and Chief Executive Officer of the Company. The Company would like to thank Mr. Hanson for his contribution during his time as CEO and is pleased that he will remain as a director and as a key member of the Company’s technical team.
In connection with the proposed name change to BlueBird Battery Metals Corp. , the Company has reserved the new trading symbol ” BATT ” for its common shares listed on the TSX Venture Exchange (the ” TSXV “). The name change remains subject to the acceptance of the TSXV.
“I am pleased to see Peter join the Company as our Chairman and CEO,” commented Alf Stewart, President of Golden Peak. “Peter’s 25 years in the mining industry, which includes an extensive career in the capital markets and previous senior level executive roles with multiple resource companies, will be key to assisting the Company as we aggressively focus within the battery metals sector.”
Mr. Ball is a mining professional with over 25 years of experience in mining engineering, corporate finance, business development and marketing, and most recently held the position of President and CEO of Redstar Gold Corp. Mr. Ball began his career in the late 1980s, working as a mining engineer and subsequently in various management and senior executive roles for numerous companies, including Hudson Bay Mining & Smelting, Echo Bay Mines Ltd., Eldorado Gold Corp., Adriana Resources Inc., Argentex Mining Corp., Century Mining Corp., and Columbus Gold Corp. He currently serves as Vice President Operations for Bonterra Resources Inc. and is a director of several publicly listed companies. Mr. Ball is a graduate of the Haileybury School of Mines and Georgian Business College.
“I am excited to join the executive team of the Company. As our proposed new name reflects, we intend to become a minerals company offering direct exposure to key strategic raw materials in electric vehicle (” EV “) and battery energy storage markets. EVs have recently reached economically attractive price points to the mass market and the mainstream acceptance is expected to drive investor demand for battery metals,” stated Mr. Ball. “We intend to pursue a business model that offers direct and long-term leverage to the appreciation in nickel and cobalt pricing, two principal materials in EV batteries.”
The Company also advises that it has granted under its stock option plan, incentive stock options to Mr. Ball for the purchase of up to 300,000 common shares at a price of $0.26 per share for a period of three years, subject to the acceptance of the TSX Venture Exchange.
About Golden Peak
Golden Peak Minerals Inc. (TSXV: GP) is a Canadian publicly listed company focused on the global exploration and development of strategic battery metals projects, primarily cobalt and nickel. Golden Peak’s goal is to pursue a business model that offers direct and long-term leverage to the price appreciation in nickel and cobalt, two principal materials in EV batteries. Battery metals are part of an emerging sector with extraordinary potential, whilst cobalt is facing a global supply deficit and exists within a vulnerable supply chain.
On Behalf of the Board of Golden Peak Minerals Inc.
Alfred (Alf) Stewart,
President & Director
For more information, please contact 1-(604)-678-5308 or info@goldenpeakminerals.com.
- Published in Bluebird Battery Metals
Golden Peak Announces Option to Acquire Yukon Exploration Property
Momentum Public Relations
Press Release: March 26 2018
Golden Peak Minerals Inc. (TSXV: GP) (the ” Company ” or ” Golden Peak “) is pleased to announce that it has entered into an option agreement (the ” Agreement “) with Strategic Metals Ltd (” Strategic “) (TSXV: SMD) to acquire an 80% interest in the Batt Claims 1-52 in the Yukon Territory, Canada (the ” Property “).
Terms of the Agreement (subject to TSX Venture Exchange acceptance) are:
- – CAD $25,000 and issuance of 250,000 shares of Golden Peak on TSX Venture Exchange acceptance of the Agreement;- Total work commitment of CAD$500,000 on the Property over a three year term.
– Strategic will retain a royalty of one percent (1%) of net smelter returns from minerals mined and removed from the Property.
Yukon Batt Claims:
The Property is located 70 km south of Haines Junction, Yukon and 16 km from the Haines Road at Dalton Post. The claims cover a prominent gossanous ridge where cobalt bloom has been reported. The property is located 20 km north of the British Columbia border in the Tatshenshini River area. In 1967, the property had minor historical exploration work completed and identified a zone that is steeply dipping, north trending and about 3km long and 250m wide.
About Golden Peak
Golden Peak Minerals Inc. (TSXV: GP) is a well-financed Canadian junior precious metals company, focused on the exploration of strategic exploration properties in Canada and Australia. The Company is comprised of a proven management group of experienced technical, geological, engineering, and market/finance professionals, tasked with building new strategic partnerships to maximize the exploration activity and discovery potential of its land holdings.
On Behalf of the Board of Golden Peak Minerals Inc.
Mr. Wesley Hanson
President and CEO
For more information, please contact 1-(604)-678-5308 or wes@goldenpeakminerals.com .
This news release may contain or refer to forward-looking information based on current expectations, including, but not limited the prospect of the Company achieving success in exploring the Property and the impact on the Company of these event, including the effect on the share prices. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances .
Neither TSX Venture Exchange, the Toronto Stock Exchange nor their 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.
- Published in Bluebird Battery Metals
Golden Peak Announces Option to Acquire the Canegrass Project in Western Australia
Momentum Public Relations
Press Release: March 15 2018
Golden Peak Minerals Inc. (TSXV: GP) (the ” Company ” or ” Golden Peak “) is pleased to announce that it has entered into an option agreement (the ” Agreement “) with Trafalgar Resources Pty Ltd (” Trafalgar “), a private Australian company, to acquire a 100% interest in the Canegrass Project (the ” Project “) in the Mount Magnet Region of Western Australia.
Canegrass Project:
The Project, measuring 42 km 2 (4200 Ha), is located 60 kms southeast of Mount Magnet and 550 kms northeast of Perth in Western Australia. The Canegrass Project lies within the Windimurra Igneous Complex, a 2,500 km 2 , Archean aged, differentiated, layered ultramafic to mafic intrusion. The Windimurra Complex is the largest exposed layered intrusive complex in Australia. The project is road accessible. There are no known aboriginal title claims relating to the project.
Location Map: http://goldenpeakminerals.com/Canegrass-map.jpg
Historical exploration of the Windimurra Complex largely focused on platinum, palladium and gold. Early exploration identifed anomalous nickel, cobalt and copper throughout the region. A recent airborne survey completed in 2013 and reinterpreted in 2017 identifed fourteen EM targets of interest within the project footprint.
Wes Hanson, P.Geo., President and CEO of Golden Peak commented: “We are very pleased to add the Canegrass Property in Western Australia to our project portfolio. We believe the nickel, cobalt and copper potential of the Windimurra Complex is underexplored and this agreement provides our shareholders with another, high quality, exploration asset within our project portfolio. ”
Historical exploration of the Canegrass Project is limited with the most focused exploration occurring from 2010 through 2015. The exploration work completed during this period includes:
-Surface mapping and geochemical rock sampling;
-Airborne VTEM survey (2013);
-Ground EM and Magnetic surveys over select airborne targets;
-Two (2) diamond drill holes testing an EM target (2014); and
-Six (6) RC and one diamond drill hole at a second EM target (2014);
In total, two of fourteen airborne EM anomalies within the tenement footprint have been drill tested. Of the ten holes completed to date, nine have intersected anomalous nickel, cobalt and copper mineralization associated with massive to disseminated sulphide mineralization interpreted to be associated with feeder conduits, depressions and contact zones within the layered ultramafic-gabbroic sequence.
Downhole EM surveys completed in 2014 indicated the presence of off hole conductors. There was no follow up drilling to test these off hole conductors.
Terms
Terms of the Agreement, subject to TSX Venture Exchange acceptance (” TSXV Acceptance “), are:
-CAD$25,000 and 3,000,000 common shares of Golden Peak on TSXV Acceptance;
-1,875,000 common shares on the first anniversary of TSXV Acceptance; and
– 1,875,000 common shares on the second anniversary of TSXV Acceptance.
A finder’s fee will be paid to COMVERJ Pty Ltd. in respect of the transaction pursuant to the policies of the TSX Venture Exchange.
About Trafalgar Resources
Trafalgar Resources Pty Ltd is a private mineral exploration company that explores in Western Australia.
About Golden Peak
Golden Peak Minerals Inc. (TSXV: GP) is a well-financed Canadian junior precious metals company, focused on the exploration of strategic exploration properties in Canada and Australia. The Company is comprised of a proven management group of experienced technical, geological, engineering, and market/finance professionals, tasked with building new strategic partnerships to maximize the exploration activity and discovery potential of its land holdings.
The technical content of this news release has been reviewed and approved by Wes Hanson, P.Geo, President, CEO and a director of the Company.
On Behalf of the Board of Golden Peak Minerals Inc.
Mr. Wesley Hanson
President and CEO
For more information, please contact 1-(604)-678-5308 or wes@goldenpeakminerals.com .
- Published in Bluebird Battery Metals