Iconic Appoints Technical Advisors and Consultants
19 Avril 2016 - 9:55PM
Iconic Minerals Ltd. (TSX‑V:ICM) (FSE:YQG) is
pleased to announce the appointment of the following individuals as
Technical Advisors and Consultants, who the Company believes will
be integral in strategically assisting to develop the drilling and
exploration program, sampling, analysis and quality control of the
collection of liquids and brines for the prospective lithium brine
claims at the Bonnie Claire Property in Nevada.
Dr. David Shaw, B.Sc, Ph.D.Dr.
Shaw has over 30 years’ experience in resource and finance
industries, with specific emphasis on technical and financial due
diligence of resource projects. He has in the past worked
with Chevron Canada Resources in their metal and hydrocarbon
exploration programs, and with Yorkton Securities Inc. in their
Corporate Finance department. In 2009, Dr. Shaw was Chairman
of Salares Lithium Inc., where he assisted in the development of
their Chilean lithium brines project. That project was
subsequently acquired in 2010 by Talison Minerals Pty., an
Australian corporation, which then formed Talison Lithium Inc.
(“Talison”), which some consider to be the world’s largest pure
lithium company. Dr. Shaw served as a director of Talison
until it was acquired by Chengdu Tiangi Industry Co., Ltd. in 2013
for over CDN$800 million.
Dr. Ian Hutcheon, B.Sc, Ph.D.,
M.ScWith over 35 years’ expertise in the oil, gas and
mineral resource industries, Dr. Hutcheon obtained an Honors B.Sc
degree in Geology, Earth Sciences/Geosciences from the University
of British Columbia, in Vancouver, B.C. in 1969, and a Ph.D and
MSc. in Geochemistry and Petrology from Carleton University in
Ottawa, Ontario in 1977. For 24 years Dr. Hutcheon was a
Professor at the University of Calgary, where he taught and
researched Petroleum Geology and Environmental Geochemistry.
In 2002 he received Emeritus Professor status from the University
of Calgary. Dr. Hutcheon also consulted on the lithium brines
project in the Chilean salares that was acquired in 2010 by
Talison. In 2014, Dr. Hutcheon received the
Vernadsky Medal from the International Association of Geochemistry.
Dr. Hutcheon currently consults on oil fields projects
specifically, with issues relating to scaling, and water and acid
gas production in conventional, CO2-assisted, and steam assisted
recovery.
Mr. Matt Vitale, B.Sc, M.Sc (Independent
Hydrologist)Mr. Vitale is an independent hydrogeologist
and a Professional Geologist (in California), with 14 years’
experience in surface water, groundwater and water quality on
public and private water projects within North America and
Australia. He has worked with various mining companies,
including De Beers Canada and Newmont Mining Corporation. Mr.
Vitale was also Project Manager for several Nevada State Department
projects, including with the U.S. Bureau of Reclamation, the State
of Nevada Department of Conservation, and the Nevada Division of
State Lands.
The following is a brief summary on the Bonnie Claire
Property:
The Bonnie Claire Property is a lithium brine
target located within a valley that is over +20 miles (+30 km) long
and 12 miles (20 km) wide, into which streams from an +800 mi2
(2,070 km2) drainage basin empty. The source rocks are
quartz-rich volcanics that contain anomalous amounts of lithium.
Sampling of salt flats within the basin indicates lithium
values in salt samples ranging from 50 to 340 ppm. The deeper
part of a gravity-low within the valley is 12 miles (20 km) long,
and initial estimates of the depth to bedrock ranges from 1,500 to
2,000 feet (460-610 m) within this low. The current claim
block covers the gravity-low and associated mud flats that could be
used for evaporation ponds if significant lithium brines are
discovered in drilling.
Richard Kern, Certified Professional Geologist
(#11494) and CEO of Iconic is the Qualified Person who has prepared
and reviewed this press release in accordance with NI 43-101
reporting standards.
On behalf of the Board of Directors
SIGNED: “Richard Kern”
Richard Kern, President and
CEOContact: (604) 336-8614
For further information on ICM, please visit our
website at www.iconicmineralsltd.comThe Company’s public documents
may be accessed at www.sedar.com Forward
Statement: This news release includes certain
forward-looking statements or information. All statements
other than statements of historical fact included in this release
are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events
could differ materially from those anticipated in such
statements. Iconic expressly disclaims any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise
except as otherwise required by applicable securities
legislation.
Neither the 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.
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