Vancouver, B.C. – MX Gold Corp. (TSX-V: MXL) (FSE: ODV) (OTCQX: MXLGF) (the “Company” or “MX Gold”) is pleased to announce Pankaj Sharma as the new CFO and director of the Company effective as of January 22nd. Mr. Sharma is a Chartered Accountant with 30 years of experience in various public and private sectors. Most recently, Mr. Sharma was the Executive Vice President and CFO for one of the largest transportation companies in Canada.
“I am very pleased to announce Pankaj to the MX Gold team to oversee our financial operations. His knowledge and experience in financial, treasury and operations management will be a great asset.” – Dan Omeniuk.
The Company would also like to announce the resignation of our CFO, Kenneth Phillippe and our Vice President, Akash Patel who have also resigned from the board of directors. The two have been of great value to the Company since its inception and the Company would like wish them all the best in their future endeavors.
MX Gold is a junior mining company focused on the exploration and development of advanced projects located in Mexico and British Columbia, Canada. The company’s primary focus, is the Magistral del Oro tailings project located 392 km SW of Chihuahua and includes a fully permitted, 500 tonne-per-day dynamic cyanide countercurrent system plant constructed in 2013. The company is currently expanding to 1,000 tonne-per day which is scheduled to be completed by the 1st quarter of 2018. The Company also owns 50% of the IDS Project, which includes a permitted smelter that was completed in 2014 for a throughput capacity of 50 tonnes per day. The smelter was built to receive and process material from small-scale miners across the state of Durango and beyond.
MX Gold Corp. is also focused on the exploration, development and mining of advanced projects located in British Columbia. The Company’s primary focus in British Columbia is its Willa gold and copper project located 12 kilometers south of Silverton, B.C. In 2015, MX Gold Corp. completed the accretive acquisition of the Willa project and the Max Molybdenum Mine and Mill Complex. The Willa mine is located 135 kilometers south of the Max Mill. For updates on the Magistral Project please visit our website. www.mxgoldcorp.com
On behalf of the Board of Directors,
For further information, please contact
Dan Omeniuk, CEO
Or at: email@example.com
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