TORONTO, July 29, 2024 /PRNewswire/ – Untouched Gold Inc. (“New Gold” or the “Company”) (TSX: NGD) (NYSE American: NGD) is happy to announce that Christian Milau has been appointed to its Board of Administrators (the “Board“) efficient straight away.
Christian brings over 25 years of enjoy in finance, capital markets and mining. He’s a mining government with enjoy growth-oriented exploration, construction, and working mining corporations with a focal point on gold and copper. His mining enjoy contains Prominent Govt Officer of Equinox Gold from 2016 to 2022, the corporate via 5 mergers and acquisitions and rising from a single-asset developer to a multi-mine manufacturer with 8 working mines. Previous to Equinox, he served as Prominent Govt Officer at True Gold Mining from 2015 till it used to be received by way of Endeavour Mining in 2016. He additionally served as Prominent Monetary Officer of Endeavour Mining from 2011 to 2015, and Vice President, Treasurer at Untouched Gold from 2008 to 2011. He’s these days the Prominent Govt Officer and a founding father of Saudi Discovery Corporate, a non-public copper exploration corporate considering exploration in Saudi Arabia. He’s additionally a company director, serving at the forums of Copper Same old Sources, Arras Minerals Corp., Carbon Streaming Company and Northern Dynasty Minerals.
“On behalf of the Board and the team at New Gold, I am pleased to welcome Christian back to New Gold, and to our Board, at a very exciting time for our Company. I am confident his strategy and capital markets experience will prove to be an asset to our Board as the Company transitions to a significant free cash flow generator and looks to our future as a leading intermediate gold producer,” stated Nick Chirekos, Chair of the Company Governance and Nominating Committee of the Board.
About Untouched Gold
Untouched Gold is a Canadian-focused intermediate mining corporate with a portfolio of 2 core generating property in Canada, the Wet River gold mine and the Untouched Afton copper-gold mine. The Corporate additionally holds alternative Canadian-focused investments. Untouched Gold’s perceptible is to manufacture a various intermediate gold corporate based totally in Canada this is dedicated to the atmosphere and social accountability. For additional knowledge at the Corporate, consult with www.newgold.com.
Cautionary Word Referring to Ahead-Having a look Statements
Sure knowledge contained on this information drop, together with any knowledge in relation to Untouched Gold’s moment monetary or working efficiency are “forward-looking”. All statements on this information drop, alternative than statements of historic reality, which cope with occasions, effects, results or tendencies that Untouched Gold expects to happen are “forward-looking statements”. Ahead-looking statements are statements that aren’t historic information and are most often, however no longer all the time, known by way of the significance of forward-looking terminology comparable to “plans”, “expects”, “is expected”, “budget”, “scheduled”, “targeted”, “estimates”, “forecasts”, “intends”, “anticipates”, “projects”, “potential”, “believes” or diversifications of such phrases and words or statements that positive movements, occasions or effects “may”, “could”, “would”, “should”, “might” or “will be taken”, “occur” or “be achieved” or the unfavourable connotation of such phrases. Ahead-looking statements on this information drop come with, amongst others, statements with recognize to: the Corporate effectively transitioning to a vital distant money stream generator; and expectancies in regards to the moment luck of the Corporate.
All forward-looking statements on this information drop are in accordance with the reviews and estimates of control that, date thought to be cheap as on the life of this information drop in shiny of control’s enjoy and belief of wave situations and anticipated tendencies, are inherently topic to remarkable possibility elements and uncertainties, a lot of that are past Untouched Gold’s talent to keep an eye on or expect. Sure subject material suppositions relating to such forward-looking statements are mentioned on this information drop, Untouched Gold’s original annual control’s dialogue and research (“MD&A”), its most up-to-date annual knowledge method and technical stories at the Wet River Mine and Untouched Afton Mine filed on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Along with, and topic to, such suppositions mentioned in additional property in different places, the forward-looking statements on this information drop also are topic to please see suppositions: (1) there being incorrect important disruptions affecting Untouched Gold’s operations, together with subject material disruptions to the Corporate’s provide chain, staff or differently; (2) political and criminal tendencies in jurisdictions the place Untouched Gold operates, or might going forward perform, being in keeping with Untouched Gold’s wave expectancies; (3) the accuracy of Untouched Gold’s wave Mineral Secure and Mineral Useful resource estimates and the grade of gold, silver and copper anticipated to be mined; (4) the trade fee between the Canadian buck and U.S. buck, and to a lesser extent, the Mexican Peso, and commodity costs being roughly in keeping with wave ranges and expectancies for the needs of 2024 steerage and differently; (5) costs for diesel, herbal fuel, gas oil, electrical energy and alternative key provides being roughly in keeping with wave ranges; (6) apparatus, labour and fabrics prices expanding on a foundation in keeping with Untouched Gold’s wave expectancies; (7) preparations with First International locations and alternative Indigenous teams in recognize of the Untouched Afton Mine and Wet River Mine being in keeping with Untouched Gold’s wave expectancies; (8) all required allows, licenses and authorizations being bought from the related governments and alternative related stakeholders throughout the anticipated timelines and the a lack of subject material unfavourable feedback or hindrances all the way through the acceptable regulatory processes; and (9) the result of the week of mine plans for the Wet River Mine and the Untouched Afton Mine being learned.
Ahead-looking statements are essentially in accordance with estimates and suppositions which can be inherently topic to recognized and unknown dangers, uncertainties and alternative elements that can purpose original effects, degree of process, efficiency or achievements to be materially other from the ones expressed or implied by way of such forward-looking statements. Such elements come with, with out limitation, the “Risk Factors” integrated in Untouched Gold’s most up-to-date annual knowledge method, MD&A and alternative disclosure paperwork filed on and to be had on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Ahead searching statements aren’t promises of moment efficiency, and original effects and moment occasions may just materially range from the ones expected in such statements. All forward-looking statements contained on this information drop are certified by way of those cautionary statements. Untouched Gold expressly disclaims any goal or legal responsibility to replace or revise any forward-looking statements whether or not because of fresh knowledge, occasions or differently, except for according to acceptable securities regulations.
SOURCE Untouched Gold Inc.
