Gossan Resources Ltd

Published : July 09th, 2015

Gossan Appoints New Director to Board

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Keywords :   Canada | Chromium | Copper | Gold | Iron | Lithium | Magnesium | Platinum | Tantalum |

Gossan Appoints New Director to Board

Microsoft Word - Gr15-02-NewDir-HamidMumin(June-15)F.docx

NEWS RELEASE 15-02

Gossan Appoints New Director to Board

June 26, 2015 - Gossan Resources Limited (GSS-TSX.V & GSR-Frankfurt/Freiverkehr & Xetra) has appointed Dr. Hamid Mumin, Ph.D. to its Board of Directors. Dr. Mumin, a distinguished geologist, is a professor in the Department of Geology at Brandon University and is acknowledged for his expertise in Volcanogenic Massive Sulphide (VMS); gold; and Iron Oxide Copper-Gold (IOCG) deposit types.
Dr. Mumin graduated from Geo-Engineering at the University of Toronto in 1985, where he also completed an M.A.Sc. in Economic Geology. He completed a Doctorate degree and Post- Doctoral Fellowship at the University of Western Ontario in 1994. Hamid worked as a mine, exploration and research geologist, and project manager in Canada, Africa and South America, and has participated in a number of resource discoveries and developments. He has worked on exploration and development of Gold, VMS, IOCG and a number of other deposit types. He joined Brandon University in 1995 where he teaches Economic Geology. Hamid has published numerous papers and technical reports on economic geology, and is co-editor of "Ore Mineral Atlas", a bestselling book of the Geological Association of Canada, and is co-editor of "Exploration for Iron Oxide Copper-Gold Deposits: Canada and World Analogues". Hamid is also a Past-President of Geoscientists Canada.
Douglas Reeson, President of Gossan Resources stated: "We are extremely delighted that Dr. Mumin has agreed to join Gossan's Board of Directors. He will bring a new focus to the Company's exploration direction and provide world-class expertise in economic geology."
After the close on June 25, 2015, Gossan awarded 1,130,000 incentive stock options exercisable at $0.05 per common share to officers, directors and employees of the Company with expiry dates of September 22, 2015; March 22, 2016; and September 22, 2017. This grant of options is in compliance with the terms of the Company's Stock Option Plan and remains subject to the acceptance of the TSX Venture Exchange.
Gossan Resources Limited is engaged in mineral exploration and development in Manitoba and northwestern Ontario. It has a well-diversified portfolio of properties hosting gold, platinum group and base metals, as well as the specialty and minor metals, vanadium, titanium, tantalum, lithium and chromium. The Company also has a large deposit of high-purity, magnesium-rich dolomite and various financial interests in a frac sand deposit. The company trades on the TSX Venture and the Frankfurt/Freiverkehr & Xetra Exchanges and has 33,170,400 common shares outstanding.

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 news release.

For further information, please bookmark www.gossan.ca or contact:
Douglas Reeson, Chairman & CEO Gossan Resources Limited
Tel: (416) 533-9664
E-Mail: [email protected]
Kathy Ringland, Office Manager
Tel : (204) 943-1990

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Gossan Resources Ltd

EXPLORATION STAGE
CODE : GSS.V
ISIN : CA3834151068
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Gossan Resources is a nickel and zinc exploration company based in Canada.

Gossan Resources holds various exploration projects in Canada.

Its main exploration properties are ANGELINA, MANIGOTAGAN, SEPARATION RAPIDS, PIPESTONE LAKE, INWOOD MAGNESIUM, BIRD RIVER - PAGE BLOCK, BIRD RIVER - ZN & CU ZONE, BIRD RIVER - NI ZONE, SHARPE LAKE, ANGELINA - GOSSAN, TOPO - GOSSAN RES and ALTO-GARDNER in Canada.

Gossan Resources is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 4.5 millions as of today (US$ 3.6 millions, € 3.1 millions).

Its stock quote reached its highest recent level on April 04, 1997 at CA$ 2.89, and its lowest recent point on December 12, 2014 at CA$ 0.01.

Gossan Resources has 33 170 400 shares outstanding.

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7/9/2015Gossan Appoints New Director to Board
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10/2/2009Engages T2W Market Liquidity
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