Nevada Exploration Appoints Dr.
John E. Larson to Board of Directors
Inc. (�NGE�) (TSX-V:NGE) is very pleased to announce
the appointment of Dr. John E. Larson to its Board of Directors. Dr.
Larson brings 35 years of international experience in exploration, development,
and mining, and has worked with both major international companies and junior
explorers, as well as with government geological surveys, including 16 years
with BHP and BHP Billiton in various international locations, holding positions
as Manager, North America Copper Exploration; Manager, Global Porphyry Copper
Exploration; and Manager, Latin America Exploration. During his career,
exploration team successes include: the La Choya and
La Trinidad gold deposits in Mexico; HD Summit, Big Ledge, Snoose
Creek, and Loomis Creek barite deposits in Nevada; and the Santo Domingo
copper-iron-gold deposit in Chile; as well as successful in-mine and
brownfields exploration programs at: Bounty gold deposit, Western Australia; Rosebery Mine, Tasmania; Century Mine, Queensland; Escondida Mine, Chile; and Isla Riesco
coal project, Chile. Mr. Larson holds advanced degrees in geology and
chemistry from the University of Western Ontario (M.Sc.) and the Colorado
School of Mines (Ph.D.).
President and CEO: �John brings an impressive track record of creating value by
moving projects forward, as well as broad training and experience in geology
and geochemistry, and we are very pleased to welcome him to our team.
John is well connected and respected within the industry, and we look forward
to working with him to leverage our property portfolio and hydrogeochemistry
technology to create value and to attract new exploration partners.�
In accordance with
the NGE�s stock option plan, NGE has granted Dr. Larson director incentive
stock options to purchase up to an aggregate of 500,000 common shares
exercisable on or before December 4, 2017, at a price of $0.12 per share.
NGE is an
exploration company focused on gold in Nevada. NGE is led by an
experienced management team that has been involved with the discovery of more
than 30 million ounces of gold in Nevada.
NGE is aggressively
applying the latest in �blind deposit� exploration technology to identify,
acquire, and advance new exploration properties in Nevada�s highly prospective,
yet underexplored covered basins. Specifically, NGE has developed
proprietary hydrogeochemistry (groundwater chemistry)
exploration technology to explore for gold in Nevada�s covered basins where
traditional exploration techniques are challenged.
Using its industry
leading exploration technology, NGE has assembled a portfolio of nine new gold
projects, and with over 20,000 hectares (75 sq mi),
is evolving as a major player in this world class jurisdiction. NGE�s
business model is to leverage its properties and technology to create
shareholder value through generative exploration, joint ventures, and other