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BAT Batero Gold Corp

0.045
0.00 (0.00%)
04 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Batero Gold Corp TSXV:BAT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.045 0.04 0.05 0 00:00:00

Batero Gold Appoints Dr. Roger Moss as President and CEO

26/03/2014 12:45pm

Marketwired Canada


Batero Gold Corp. ("Batero," or the "Company") (TSX VENTURE:BAT) is pleased to
announce the appointment of Dr. Roger Moss as President and CEO of the Company.
Dr. Moss replaces Mr. Juan David Uribe, formerly interim President and CEO,
effective March 24, 2014. The Company would like to thank Mr. Uribe for the
extensive time and valuable leadership he provided as interim President and CEO
during the transition period, and is pleased to confirm that Mr. Uribe will
remain a Director of the Company. 


Dr. Moss is a professional geologist with over 17 years international experience
in the exploration industry, including 13 years in senior management positions.
Dr. Moss was instrumental in the discovery of the +5 million oz Navachab gold
deposit in Namibia and has conducted extensive research on hydrothermal ore
deposits. He has spent the last 14 years working primarily on porphyry and
epithermal projects in Latin America, including overseeing exploration at the
advanced stage Vizcachitas porphyry copper deposit in Chile as President of Los
Andes Copper. He is an adjunct professor in Mineral Engineering at the
University of Toronto, where he shares his interest and experience in ore
deposits and mineral exploration.


Mr. Uribe stated, "on behalf of the Board, I would like to welcome Roger to the
Batero team. I believe his significant experience in both mineral exploration
and junior mining company management will be an asset to Batero as we pursue
opportunities to move the company forward."


During the first quarter, Batero continued to focus on reducing costs and
consequently remains in a strong cash position.


ON BEHALF OF THE BOARD OF BATERO GOLD CORP.

Juan David Uribe, Director, Batero Gold Corporation

ABOUT BATERO GOLD

Batero Gold Corp. is a precious and base metals exploration and development
Company focused on two primary objectives. The first of these objectives is the
advancement of the La Cumbre oxide deposit. La Cumbre is located within the
Company's 100% owned Batero-Quinchia Gold Project, which sits within Colombia's
emerging and prolific Mid Cauca gold and copper belt. Batero is moving the La
Cumbre oxide deposit towards the goal of making a production decision, once the
appropriate level of study has been completed, and intends to first target the
near and at surface higher grade oxidized gold mineralization at the deposit.
Batero's second objective is to pursue opportunities to acquire prospective
high-grade, production focused mineral properties in Colombia and Latin America.
In pursuing both these objectives, Batero plans to leverage its secure treasury
position, strong regional relationships, experienced management team, and
long-term financial partners. Shares of the Vancouver-based company trade on the
TSX Venture Exchange under the symbol "BAT".


FORWARD LOOKING STATEMENTS

Certain of the statements and information in this press release constitute
"forward-looking statements" or "forward-looking information". Any statements or
information that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future
events or performance (often, but not always, using words or phrases such as
"expects", "anticipates", "believes", "plans", "estimates", "intends",
"targets", "goals", "forecasts", "objectives", "potential" or variations thereof
or stating that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved, or the negative of any of
these terms and similar expressions) are not statements of historical fact and
may be forward-looking statements or information.


Forward-looking statements or information may relate to, among other things:
developing the most efficient and cost-effective leach processing circuit for
the Cumbre gold deposit; the timing and scope of expected diamond drilling;
resource estimates; grades on the Batero-Quinchia project; scope of
mineralization within the Batero-Quinchia project; receipt and/or timing of
required permits and regulatory approvals; the sufficiency of the Company's
capital to finance the Company's operations; and geological interpretations and
potential mineral recovery processes.


Forward-looking statements and information are subject to a variety of known and
unknown risks, uncertainties and other factors that could cause actual events or
results to differ from those reflected in the forward-looking statements or
information.


The Company's forward-looking statements and information are based on the
assumptions, beliefs, expectations and opinions of management as of the date of
this press release, and, other than as required by applicable securities laws,
the Company does not assume any obligation to update forward-looking statements
or information in the event that circumstances or management's assumptions,
beliefs, expectations or opinions should change, or there should occur or
develop changes in any other events affecting such statements or information.
For the reasons set forth above, investors should not place undue reliance on
forward-looking statements and information.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Batero Gold Corp.
Michael Mills
604.568.6378
info@baterogold.com

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