(via TheNewswire)
Summary Highlights:
The Company has appointed
Mr. MacCorquodale as a Non-Executive Director. Fraser is an exploration geologist with over 35 years’ experience and until recently was Newcrest Mining’s global head of exploration from 2008 to 2023, during which he was directly involved in several discoveries withinAustralia ,Indonesia ,Papua New Guinea ,West Africa andWestern Canada . Fraser has a deep understanding of the Macquarie Arc and the Cadia district inNew South Wales where Inflection is exploring its portfolio of 100% owned projects;
The Company has also appointed Dr.
Neil Adshead as Advisor.Neil is anindustry veteran with extensive technical and capital markets expertise and was a portfolio manager and investment strategist at Sprott Inc. between 2012 to 2023. Prior to joining Sprott, Neil was a senior mining analyst atPassport Capital and prior to that held senior roles with Placer Dome.
About
Fraser has tremendous expertise in exploring for alkalic porphyry deposits, including significant experience in exploring under cover within the Macquarie Arc. This expertise is built upon a deep knowledge of the world class Cadia and the Red Chris copper-gold districts and their associated footprints, particularly at depth. Fraser was awarded the Colin Spence Award for excellence in Global Mineral Exploration in 2020 from the
About Dr.
Stock Options: The Company has granted 2,950,000 incentive stock options (the “Options”) to Officers, Directors, employees and advisors to the Company. Each Option is exercisable to purchase one common share of the Company at a price of
About
The Company is systematically exploring forlarge copper-gold deposits in the northerninterpreted extension of the Macquarie Arc, part of the Lachlan Fold Belt in
Inflection is part of the
On behalf of the Board of Directors
President and CEO
alistair@inflectionresources.com
For further information, please contact:
Investor Relations Manager
+1 (778) 867-5016
bzerb@inflectionresources.com
Forward-Looking Statements: This news release includes certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future capital expenditures, amount of drilling, receipt of the maximum amount of available grant funding, anticipated content, commencement and cost of exploration programs in respect of the Company's projects and mineral properties, AngloGold’s anticipated funding of the Minimum Commitment and timing thereof, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as "pro forma", "plans", "expects", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company, including the Company's exploration plans. the proposed expenditures for exploration work thereon, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, the Company's limited operating history, currency fluctuations, title disputes orclaims, environmental issues and liabilities, as well as those factors discussed under the heading "Risk Factors" in the Company's prospectus dated
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Copyright (c) 2024 TheNewswire - All rights reserved., source