Broadway Gold Mining Ltd. (TSXV:BRD) (“Broadway” or the “Company”) announced today that it has contracted senior geologist Philip Mulholland to oversee Broadway’s fall 2017 drilling and exploration program. Mr. Mulholland is a senior level geologist with 32 years of mining industry experience. He has worked extensively in Montana’s Butte region, and developed expertise in skarn and …
Mr. Mulholland is a senior level geologist with 32 years of mining industry experience. He has worked extensively in Montana’s Butte region, and developed expertise in skarn and porphyry deposits while working on a range of precious metals projects. Mr. Mulholland has held senior positions, including Principal Mine Geologist or Chief Geologist, at Barrick’s Golden Sunlight mine near Broadway’s Madison copper-gold project, Kinross’ Kettle River Buckhorn gold project and the Butte Highlands joint venture, which is a high-grade gold skarn deposit. Since 2003, Mr. Mulholland has focused on transitioning late-stage exploration projects through development and into production.
“After extensive analysis and interpretation to define a sound geological model at Madison, we are pleased to add seasoned geological expertise with skarn and porphyry experience to our team,” said Duane Parnham, President and CEO of Broadway. “We believe Phil’s experience with successful major mining projects in western Montana will greatly enhance our abilities to advance our Madison project.”
Mr. Mulholland’s diverse, global background includes exploration, development and production in both underground and open pit projects for a variety of minerals in the western United States, Mexico, Canada, Guyana, Tanzania, Argentina and Chile.
In the course of his work, he has provided the evaluation and preparation of 43-101 reports, exploration planning and management, safety and environmental compliance, underground mine geology and ore control procedures, and underground mine management.
“I am excited to join Broadway’s Madison project exploration team and build on the incredible work they have done to advance the project to date,” said Philip Mulholland. “We are expecting good results with our next phase of drilling.”
About Broadway Gold Mining Ltd.
Broadway Gold Mining Ltd. is a resource company focused on development-stage projects with advanced exploration potential. The company owns a 100% interest in the Madison copper-gold project located in the Butte-Anaconda mining region of Montana, USA. The Madison project is permitted for exploration and contains a past-producing underground mine that Broadway has refurbished. While actively expanding known copper and gold zones that remain open for development in the mine’s perimeter, the company’s exploration program has identified new anomalies across its extensive land package that provide compelling drill targets that are believed to be associated with large-scale porphyry mineralization.
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release or other future plans, objectives or expectations of Broadway 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. Important factors that could cause actual results to differ materially from Broadway’s plans or expectations include risks relating to the actual results of current exploration activities, fluctuating commodity prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by Broadway with securities regulators. Broadway 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 Inc. 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.
President and CEO, Broadway Gold Mining
Primoris Group Inc.
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