Margaux Resources Announces Appointment of Advisory Committee, VP Business Development and Granting of Stock Options

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Margaux Resources Ltd. (TSXV:MRL) has formed a new advisory committee and welcomes the members who have joined the Margaux team to support management in advancing the Jersey-Emerald project.

Steve Letwin, Chris Stewart, Dr. Rogerio Monteiro, PGeo, and Dr. Victor Zhao, PGeo, have joined Margaux to advise the company and board of directors to provide expertise and to assist the company in advancing its mineral exploration projects.

“Bringing such an experienced advisory committee to Margaux allows the company to benefit from their depth of mining knowledge and industry-focused strategic thinking,” said Tyler Rice, president and chief executive officer. “I am very excited to have these four well-known and highly experienced individuals join the Margaux team, for them to contribute their invaluable expertise and experience to the company for the benefit of our shareholders, and to assist the company with moving towards production.”

Mr. Letwin — president and chief executive officer of Iamgold Corp.

Mr. Letwin brings over 30 years of experience from the resource sector, where he specializes in corporate finance, operational management, and merger and acquisitions, including six years as president and CEO of Iamgold.

Prior to joining Iamgold, Mr. Letwin was based in Houston, Texas, where he was the Executive Vice President, Gas Transportation & International, with Enbridge Inc. Before joining Enbridge, he served as President & Chief Operating Officer of TransCanada Energy.

Mr. Letwin holds an MBA from the University of Windsor, is a Certified General Accountant, a graduate of McMaster University (B.Sc., Honors), and a graduate of the Harvard Advanced Management Program.

Mr. Christopher Stewart – former Vice President Operations, Kirkland Lake Gold

Mr. Stewart brings over 24 years of diversified experience in the mining industry, 15 years working with mining contractors and 9 years working with mining companies.

Most recently, Mr. Stewart was based in Ontario, where he was the Vice President of Operations for Kirkland Lake Gold, where he was responsible for the mining and milling operations within the company. Before joining Kirkland Lake Gold, he served as President and CEO of Liberty Mines Inc., as well as various positions at BHP Billiton, DMC Mining Services and Lake Shore Gold Corporation.

Mr. Stewart is a Professional Engineer and holds a Bachelor of Science in Mining Engineering from Queen’s University.

Dr. Victor Zhao, P.Geo – President of Continental Geology & Mining Consulting Inc. (“CGMC”)

Dr. Zhao brings over 30 years of mining industry experience, working with all types of precious metals and non-ferrous metal mineral deposits.

Dr. Zhao has been President of CGMC since March 2016. CGMC is an independent consultancy firm that provides data integration, target generation and exploration project review. Prior to CGMC, Dr. Zhao worked for Canadian Royalties Inc. as the Exploration Supervisor for 6 years. Before that, he looked after the Sungai Pb-Zn exploration project for Sumatra Minerals in Indonesia and was also Senior Geologist for Project Generation of Barrick Gold (China) Ltd. and Placer Dome (China) Ltd. Dr. Zhao worked for the Gold Geology Institute for 15 years in multiple roles, including Director of Geophysical and Geochemical Exploration Research Division.

Dr. Zhao is a registered Professional Geoscientist. He obtained his Ph.D. of Science from Peking University, Master of Applied Geochemistry, and Bachelor of Geochemistry & Exploration from Changchun University of Geosciences (now Jilin University). In addition, he was a Post-Doctoral Research Fellow in the China Research Centre of Mineral Resources Exploration (a cooperative project between Japan and China), Institute of Geology & Geophysics, China Academy of Sciences.

Dr. Rogerio Monteiro, P.Geo – President & Chief Structural Economic Geologist, Vektore Exploration Consulting Corp.

Dr. Monteiro brings more than 30 years of experience in the global mining industry and is a recognized researcher and leader in the development of practical new tools to optimize mineral exploration and target development.

Dr. Monteiro founded Vektore in 2012, a company focused on advancing the applied structural economic geology field as well as developing and optimizing new tools and methods. Prior to Vektore, Dr. Monteiro was the Chief Structural Geologist for Vale Global Exploration and Senior Exploration Geologist at Inco Ltd.

Dr. Monteiro graduated from Brazil UNISINOS in 1982 and went on to earn his M.Sc. in 1990 from UFRGS. In 1996, he completed his Ph.D. at the University of Western Ontario in London, Ontario. In 2013, Dr. Monteiro was appointed the “Richard W. Hutchinson Visiting Industrial Professor in Mineral Deposits Studies” at the University of Western Ontario.

Appointment of VP Business Development

In addition, Margaux is pleased to announce the appointment of Mr. Ryan Bignucolo as Vice-President, Business Development, effective November 11, 2016. Ryan is a seasoned investor relations executive, and brings more than 18 years of experience in a broad array of industries to his role at Margaux.

For the last 5 years, he was at The PACE Network, where he assisted clients in identifying new opportunities and attracting new investors, while building strategic alliances and improving stakeholder communications. Prior to The PACE Network, he owned and ran his own construction and resource services company in Northern Ontario.

Tyler Rice, President and CEO, stated: “We are very pleased to have someone of Ryan’s caliber join the Margaux team.”

Read the full press release.

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