Idaho Champion Gold Mines Canada Inc. is pleased to announce the final round of assay results from the 2020 diamond core drilling program at its 100% controlled Baner Gold Project in the producing Elk City Mining District of Idaho Drilling Highlights: ICGB2020-9 intersected 0.58 gt gold over 18.13 metres from 115.87 metres down holeincluding 3.21 gt Au over 0.40 metre from 120.75 m also including 1.06 gt over 5m ...

Idaho Champion Gold Mines Canada Inc. (CSE:ITKO; OTCQB:GLDRF; FSE:1QB1)("Idaho Champion" or the "Company") is pleased to announce the final round of assay results from the 2020 diamond core drilling program at its 100% controlled Baner Gold Project ("Baner") in the producing Elk City Mining District of Idaho

Drilling Highlights:

  • ICGB2020-9 intersected 0.58 g/t gold ("Au") over 18.13 metres from 115.87 metres down hole
    • including 3.21 g/t Au over 0.40 metre from 120.75 m
    • also including 1.06 g/t over 5m from 125m down hole
  • ICGB2020-10 intersected 0.73 g/t Au over 10.00 metres from 154 metres downhole.
    • Including 12.90 g/t Au and 203 g/t silver ("Ag") over 0.30 m from 162.90 metres
  • Drill holes ICBG2020-9 and ICBG2020-10 are the first known drill tests at the historic BL Mine, and the quartz-sulfide veins encountered are open along strike and at depth.
  • 2020 core drilling at Baner increases the known north-south footprint of mineralization by approximately 1.75 kilometres ("km") to approximately 2.25 km.

"The latest drill results from the Baner Project extend our mineralized corridor by more than 400%. The new intercepts at the historic BL Mine included strong gold and silver grades, which are open along strike and at depth. It is early days yet, but this new stepout to the northeast clearly warrants more work," commented President and CEO, Jonathan Buick. "Baner drilling in 2020 showed us more of what we discovered in 2018. We continued to encounter near-surface gold in oxidized rocks, and this year we have seen strong gold values in sulfides as well. We had particularly good success within the central claim block, which will be a priority focus for us in the 2021 drill season."

Baner Drilling Technical Summary

The 2020 drill program consisted of eleven (11) diamond drill holes totaling 2,190 metres (Figure 1). Seven core holes (ICGB2020-1 to 6, and 11) were placed centrally in the company's claim block, targeting the northern extension of the mineralization discovered in Idaho Champion's 2018 drill program (see press releases dated November 30, 2018). Core holes ICGB2020-7 and 8 were collared in the western area of the claim block, targeting strongly anomalous gold values in surface grab samples. Core holes ICGB20209 and 10 are within the northeast corner of the claim block, targeting the historical producing BL Mine.

Table 1: Summary of Significant Assay Results from 2020 Diamond Drill Hole Program Holes 8 to 11

Drill Hole

Style

From (m)

To(m)

Length (m)1

Au (g/t)

Ag (g/t)2

ICGB2020-8

NSV

ICGB2020-9

Sulfide

115.87

134.00

18.13

0.58

-

Including

Sulfide

125.00

130.00

5.00

1.06

-

ICGB2020-10

Sulfide

154.00

164.00

10.00

0.73

7.25

Including

Sulfide

162.90

163.20

0.30

12.90

203.00

ICGB2020-11

NSV3

11 Reported intervals are down-hole lengths and not true thickness. True thickness is estimated at 75-90% of reported down-hole length. No Au assays are cut and intervals are calculated using a 0.1 g/t Au cutoff and a maximum of 1.0 metres allowable waste internal to an interval and a minimum 5 gram-meters Au.

2Only Ag values greater than 5 g/t for any interval are reported.

3Hole ICGB2020-11 had multiple intercepts of anomalous Au which do not conform to the parameters established for reporting.

Drill hole ICGB2020-8 was collared near the western boundary of the Orogrande Shear Zone (Figure 1). It was drilled at an azimuth of 160° with an inclination of -45°. The drillhole encountered extensively sheared and fractured Belt Supergroup metamorphosed sedimentary rocks and younger quartz monzonite dikes associated with the major shear structure but no significant gold mineralization.

Drill holes ICGB2020-9 and ICGB2020-10 were collared from a shared drill pad (Figure 1) and are believed to be the first drill tests at the past producing BL Mine (1930s production). Both holes were drilled at a 240° azimuth, with -45° and -60° inclinations, respectively. ICGB2020-9 intersected 18.13m grading 0.58 g/t Au from 115.87m, including 0.40m grading 3.21 g/t Au and 14.55 g/t Ag from 120.75m and including 5.00m grading 1.06 g/t Au from 125.00m. ICGB2020-10 intersected 10.00m grading 0.73 g/t Au and 7.25 g/t Ag from 154.00m, including 0.30m grading 12.90 g/t Au and 203 g/t Ag from 162.90m (reported by fire assay - gravimetric finish for both gold and silver).

The mineralized intervals in holes ICGB2020-9 and -10 are characterized by quartz veins hosting pyrite and lesser quantities of chalcopyrite and galena. These veins may represent deeper intersections of sub-vertical veins mined historically in the BL Mine, as interpreted in Figure 2. Gold-silver mineralization intersected in holes ICGB2020-9 and ICGB2020-10 is open along both strike and dip.

Additionally, ICGB2020-9 intersected 15.85m of oxide mineralization grading 0.22 g/t Au from 10.06m and ICGB2020-10 intersected 4.0m of sulfide mineralization grading 0.70 g/t Au from 167.00m.

ICGB2020-11 was collared 100m to the north of hole ICGB2020-1 (Figure 1) and was drilled at an azimuth of 290° and a dip of -60°. The drillhole intersected 10.4m grading 0.18 g/t Au (oxide) from 7.3m and 3.60m grading 0.74 g/t Au (sulfide) from 39m, including 1.00m grading 1.89 g/t Au. The low-grade mineralization in ICGB2020-11 extends the mineralized trend identified by the 2018 drill program by approximately 150m, and the additional intercepts reported from the BL Mine extend the total N-S corridor of mineralization to approximately 2.25 km. However, it is too early to determine whether or how the new segments of mineralization discovered to the northeast in 2020 are connected.

Figure 1. Locations of 2020 diamond drill holes (blue lines) in the context of the Orogrande Shear Zone and 2018 drilling (black lines). Yellow text annotations indicate the locations of the drill holes reported in this news release.

Figure 2. Interpretive geological cross section showing Au intercepts from drillholes ICGB2020-9 and ICGB2020-10, plotted on interpreted geology. The size of red, orange, and green disks corresponds to logarithmically scaled Au grades. Additional surface rock grab samples were collected from waste dumps proximal to the BL Mine adit, with the highest gold value represented.

QA/QC Program

Idaho Champion Gold adheres to a regimented drill core handling and processing procedure. Core from the drill rig(s) is logged for lithology, mineralization, structure, alteration, and veining. During the logging process samples up to 1.5m core length are delineated by company geologists. Core is then photographed and sawn in half. Following sawing, individual samples are extracted from core boxes and inserted into individual sacks with a unique waterproof sample number tag and sealed. The remaining half-core is left in core boxes for storage. Sacks containing samples are kept securely indoors on site until they are transported to the assay lab.

Quality control (QC) samples are inserted into the sample stream such that there is one QC sample for every ten drill core samples. These QC samples consist of certified standards (known metallic content) and blanks (known barren of metals). Two styles of blank material were used: a coarse blank and a pulverized blank. QC sample insertions alternate between standard and blank.

Additional core duplicates were inserted into the sample stream where necessitated by geology, i.e. core samples containing wide veins were sawn in half, then one half sawn into quarters and submitted as two separate samples.

Samples were delivered to American Assay Labs (AAL) in Sparks, NV, with a small number of samples being analyzed at American Analytical Services (AAS) in Osburn, Idaho. Sample prep was conducted at AAS. AAL and AAS conform to ISO 17025 guidelines for specific methods. All drill samples and coarse blanks are crushed to 70% passing 2mm at the sample prep lab, and 1 kg material is split and pulverized to 85% passing 75 microns. Except for five samples, which were analyzed by fire assay - gravimetric finish for both gold and silver, all samples reported in this release were analyzed for gold by 30-gram fire assay- inductively coupled plasma - emission spectrometry (ICP-ES). Samples were additionally analyzed for 36 or 47 elements by a multi-acid digestion and ICP-ES and/or inductively coupled plasma - mass spectrometry (ICP-MS). Samples containing Au above maximum reporting limits by fire assay - ICP-ES are automatically re-analyzed by fire assay - gravimetric finish.

All drill intervals included in Table 1 in this release are calculated using a 0.10 g/t gold cut-off grade and a maximum of 1-metre consecutive waste and a minimum 5 gram-metres of gold.

Qualified Person

The technical information in this press release has been reviewed and approved by Peter Karelse P.Geo., a consultant to the Company, who is a Qualified Person as defined by NI 43-101. Mr. Karelse has more than 30 years of experience in exploration and development.

About the Baner Project

The Baner Project is located within the Orogrande Shear Zone (OSZ), a 20-kilometre long and up to 1-kilometre wide regional shear zone located in Central Idaho. The OSZ is a transpressional shear zone composed of metamorphosed Proterozoic sedimentary rocks of the Belt Supergroup and granitic rocks of the Cretaceous Idaho Batholith, which is intruded by Tertiary rhyolites and dacitic dikes. Hydrothermal alteration is spatially associated with the OSZ consisting of: silicification, sericitization, and chloritization. Different types of mineral systems occur in the OSZ and along sympathetic structures in the area, most likely of Cretaceous or Tertiary ages. Mineralization may include disseminated bulk-mineable precious metal mineralization associated with sheeted or stockwork veins, hydraulic breccias and with extensive widespread alteration; but high-grade gold also occurs within discreet structurally controlled quartz veins and silicified zones.

The Baner Project is located 8 kilometers southwest of Elk City, Idaho, in the heart of the historical Orogrande-Elk City Mining District. Elk City is an historic gold mining region dating back to the 1860s that once supported more than 20 underground mines and extensive placer operations. During the 1930s there were three cyanide mills along the Crooked River processing open pit and underground sulfide ore. Exploration in the district was conducted by Cyprus Amax, Kinross Gold, and Bema during the 1980s and 1990s.

Premium Exploration conducted extensive soil sampling, airborne and surface geophysics, and drilling during the period around 2010. In 2020, Endomines AB brought the Friday Gold Project into production based on a reported measured plus indicated resource of 462,000 tonnes grading 6.54 g/t gold and mined 6,600 tonnes of ore with a 3.52 g/t head grade (Endomines AB Annual Reports for 2019, 2020). The Friday Gold Project is located within the OSZ approximately 8 kilometres south of the Baner Project.

About Idaho Champion Gold Mines Inc.

Idaho Champion is a discovery-focused gold exploration company that is committed to advancing its 100% owned highly prospective mineral properties located in Idaho, United States. The Company's shares trade on the CSE under the trading symbol "ITKO" and on the OTCQB under the trading symbol "GLDRF". Idaho Champion is vested in Idaho with the Baner Project in Idaho County, the Champagne Project located in Butte County near Arco, and four cobalt properties in Lemhi County in the Idaho Cobalt Belt. Idaho Champion strives to be a responsible environmental steward, stakeholder and a contributing citizen to the local communities where it operates. Idaho Champion takes its social license seriously, employing local community members and service providers at its operations whenever possible.

ON BEHALF OF THE BOARD

"Jonathan Buick"

Jonathan Buick, President and CEO

For further information, please visit the Company's SEDAR profile at www.sedar.com or the Company's corporate website at www.idahochamp.com.

For further information please contact:

Nicholas Konkin, Marketing and Communications

Phone: (416) 477 7771 ext. 205

Email: nkonkin@idahochamp.com

THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION, NOR SHALL THERE BE ANY OFFER, SALE, OR SOLICITATION OF SECURITIES IN ANY STATE IN THE UNITED STATES IN WHICH SUCH OFFER, SALE, OR SOLICITATION WOULD BE UNLAWFUL.

Cautionary Statements

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE: Idaho Champion Gold Mines Canada Inc.



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Collective Mining

Collective Mining


Overview

Even the most promising mining project can fail without the right management team in place. Statistics, surveys, and financial information are all important to consider, but it’s the management team that will take a promising mining project and transform it through the exploration, development and production stages as it progresses into a revenue-producing asset. That’s why one of the most important questions to ask when assessing a new company is: does the management team have a track record of success?

The right management team for any mining project will include professionals with a diverse background of technical, geological, business and financial experience. However, even a “dream team” of experts can fail to develop a valuable mine. That’s why many experts consider a proven track record of success to be the top factor in what makes a promising management team for a mining company.

Collective Mining Ltd. (TSXV:CNL) is a mineral exploration company focused on developing a portfolio of highly prospective gold, copper and molybdenum projects in Colombia. The company is led by the former management team of Continental Gold Inc — the same management team that sold the company for CA$2.0 billion (EV) after developing the largest gold mine in Colombia. Collective Mining currently holds an option to earn up to 100 percent interest on both of its projects with no underlying private royalties in one of the safest mining areas of Colombia.

Collective Mining’s team is highly specialized in identifying early-stage exploration projects with world-class potential. The company’s management team has an impressive track record of success, most notably identifying the potential of the Buriticá project and transforming it into a world-class gold mine. Continental Gold was the only pre-revenue company and the only mining company in Colombia to rank in the Social Investment Index, placing 11th in the country.

Collective Mining San Antonio and Guayabales

The company’s flagship Guayabales project is a high-grade gold, copper and molybdenum project. Collective Mining has announced a maiden 10,000 metre diamond drilling program underway to the northwest of Aris Gold’s (TSX:ARIS) Marmato gold mine, which contains proven and probable reserves of 2.0 million ounces gold and 4.35 million ounces silver (19.7 Mt grading 3.2 g/t gold and 6.9 g/t silver). The Guayabales project has never been systematically explored and the company strongly believes that the project has significant exploration upside. The Guayabales project is also located within 1 kilometre of the Marmato gold deposit which has an estimated resource of more than 10 million ounces of gold.

Collective Mining

The company is led by internationally-recognized figures. Collective Mining’s executive vice president, Ana Milena Vásquez, was one of the top 100 Global Inspirational Women in Mining in 2020. Collective Mining is firmly committed to inclusion and diversity throughout its organization. Vásquez, as a leader in the Colombian mining sector, is well suited to promote this goal.

Collective Mining The Collective Model

Collective Mining is strongly committed to an ESG model that focuses on implementing a collective mining framework. The company’s collective mining framework includes strengthening the mining supply chain, integrating with the local economy through alliances and developing the local community through a multi-pronged approach. Collective Mining’s team was also part of the best-in-class mining ESG program at Continental Gold that won multiple awards and high-level rankings of recognition.

The company is fully-funded with cash on hand to support its drill program through 2022.

Company Highlights

  • Collective Mining (TSXV:CNL) is a mineral exploration company focused on developing two highly prospective and high-grade gold, copper and molybdenum projects in the prolific Mid-Cauca belt in Colombia.
  • The management team recently sold Continental Gold for CA$2.0 billion (EV), which was a relatively unknown project before the team became involved and grew it into Colombia’s largest gold mine
  • The company’s flagship Guayabales project has an extensive artisanal mining history with +80 adits discovered and over 500 years of mining activity in the area.
  • The Guayabales project is located near Aris Gold Corporation’s (TSX:ARIS) Marmato mine and the Marmato gold deposit.
  • Collective Mining’s San Antonio has a grassroots discovery of 710 metres at 0.53 g/t of gold equivalent. The project features limited historical exploration with the possibility to host a porphyry system, based on current indications.
  • Collective Mining currently holds an option to earn up to 100 percent interest on both of its projects with no underlying private royalties.
  • The company is committed to an ESG model that fosters growth on a micro- and macro-level, including local and global impacts.
  • The company is led by the former Continental Gold management team. Collective Mining’s management sold Continental Gold’s Buritica mine, the largest gold mine in Colombia, for $2.0 billion (EV).

Key Projects

Guayabales

Collective Mining Guayabales

The Guayabales project is a high-grade gold, copper and molybdenum project located in Caldas, Colombia. The project is situated 75 kilometres south of Medellin in the Marmato gold district. The property is strategically located adjacent to the Marmato gold mine along its strike. The project is located within 1 kilometre of the Marmato gold deposit which has an estimated resource of more than 10 million ounces of gold. Guayabales hosts a porphyry cluster that is connected to the Marmato orebodies by the Encanto Shear Zone.

The property has never been systematically explored. The project hosts five main targets including, Donut, the Box, Olympus, Victory and ME. The Donut target contains primary sulphide copper and gold while the Box target contains gold and silver found at the surface. The Olympus target features exposed copper, gold and molybdenum and the Victory target contains a porphyry-related magnetite stockwork system. Collective Mining has conducted drilling on the Donut target which returned, among other exciting results, a grassroots discovery of 104 metres at 1.3 g/t of gold equivalent.

The company has completed drilling the Donut target and has released some results, with the remiander to come through year-end 2021. Box drilling has commenced and initial results are expected early-2022. Drilling at the Olympus target has started and management intends to have a second rig turning in mid-December while the Victory target is slated for additional work and drilling beginning mid-2022. Collective Mining is also awaiting assay results from an extensive systematic channel sampling program. Going forward, the company is focused on generating new targets for the Guayabales project. The company strongly believes that the Guayabales project has significant exploration upside and holds the potential to become a world-class resource.

San Antonio

Collective Mining San Antonio

The San Antonio project is a gold, copper and molybdenum project located in the western margin of the Colombian Central Cordillera in Caldas, Colombia. The project is situated 70 kilometres south of Medellin and 8 kilometres northwest of the company’s Guayabales project. The project is located directly adjacent to the regional Romeral Fault system.

The San Antonio project has limited historical exploration focused solely on high-grade vein systems. The company began a drilling program on the property earlier in 2021. . Results revealed a grassroots discovery of 710 metres at 0.53 g/t of gold equivalent. Currently, the San Antonio project has three distinct porphyry-related targets, including Pound, COP and Dollar. The company has identified a high-grade soil anomaly of more than 100 ppb of gold and more than 6 ppm molybdenum.

The company is also currently in the process of defining the porphyry gold, copper and molybdenum system of significant dimensions. Collective Mining strongly believes that the sulphide hydrothermal breccia on the project has strong potential to host a porphyry system underneath the breccia.

Management Team

Omar Ossma - CEO and President

Omar Ossma has over 15 years of experience in the mining and energy industry in Colombia. Ossma also has over 20 years of experience in Colombian corporate, environmental, mining and energy law. He has focused most of his professional career on structuring mining and energy projects in Colombia. Ossma was the former legal vice president of Continental Gold. At Continental Gold, he was instrumental in the company's strategy towards licensing, building and putting into operation the Buriticá project. The Buriticá project is the largest gold mine in Colombia that was later sold to Zijin Mining Group. Before Continental Gold, he served as legal vice president of Minas Paz Del Rio, S.A. Minas Paz Del Rio, S.A.

is a wholly-owned subsidiary of the Brazilian industrial conglomerate Votorantim Group. Ossma was also the legal manager of Eco Oro Minerals Corp. Ossma has held senior positions as a lawyer in a number of mining and energy sector companies, including Empresa de Energía de Bogotá and Endesa Group (Emgesa S.A. Esp. – Codensa S.A. Esp). Empresa de Energía de Bogotá is a state-owned company focused on electricity and gas transportation in Central and South América. Endesa Group (Emgesa S.A. Esp. – Codensa S.A. Esp) is a Spaniard public utility conglomerate. He holds a law degree from Universidad Externado de Colombia.

Ari Sussman - Executive Chairman of the Board

Having dedicated the majority of his career to the natural resources industry, Ari Sussman has been instrumental in sourcing and funding high-quality mineral assets. Sussman has raised more than $1 billion for various resource-focused companies. Sussman currently serves as executive chairman of the board of Collective Mining Inc. Collective Mining Inc. is a newly formed mineral exploration company focused on acquiring and developing mining projects in Latin America. From 2010 until March of 2020, Sussman was the founder, chief executive officer and director of Continental Gold Inc. Under Sussman’s leadership, Continental Gold Inc. raised almost $1 billion and discovered more than 11 million ounces of high-grade gold and silver at the Buriticá project in Antioquia, Colombia. After completing construction of the mine in early 2020, Continental Gold Inc. was sold to Zijin Mining for total consideration of approximately C$2 billion. Zijin Mining is one of the world’s largest diversified mining companies. Today, the world-class Buriticá mine is the most modern and largest operating gold mine in Colombia with annual production expected to be more than 300,000 ounces of gold. Sussman was born and raised in Toronto, Canada and is married with three children.

Paul Begin - CA, MBA and Chief Financial Officer

Paul Begin was the chief financial officer of Continental Gold from May 2011 to March 2020. Before that, he served as the chief financial officer and corporate secretary for Hanfeng Evergreen Inc. from 2009 to 2011. Hanfeng Evergreen Inc. is a developer and producer of value-added fertilizers in China and Southeast Asia. Begin was also the vice president and chief financial officer of Trilliant Incorporated from 2004 to 2009. Trilliant Inc., formerly OZZ Corporation, is a network solutions provider. Before that, Begin served as the corporate controller at MDC Partners Inc. which is a Canadian-based marketing communications and secure transactions company. Begin obtained his Chartered Accountant designation with BDO Dunwoody, LLP. Begin holds an Honours Bachelor of Arts degree in Political Science from the University of Western Ontario and a Master’s degree in Business Administration from the University of Toronto.

David Reading - MSc. Economic Geology and Special Advisor

David Reading has over 40 years of expertise in the global gold mining and base metal industries within the fields of exploration, feasibility, project development and mining. He was the special advisor to Continental Gold up until the Zijin sale. He was also the former CEO of European Goldfields and the former head of exploration for Randgold Resources. Over the last ten years, he has consulted for various Toronto- and London-based mining groups with assets in the Americas and the rest of the world. Reading has a Master of Science in Economic Geology and is a fellow of the Institute of Materials, Minerals and Mining (IOM3) and the Society of Economic Geologists (SEG).

Ana Milena Vásquez - Executive Vice President

Ana Vásquez has more than 15 years of experience in the mining sector, in which she has held managerial positions. She was senior VP of external affairs and sustainability for Continental Gold. Previously, she served as president of Red Eagle Exploration and its branch in Colombia. She is the co-founder and former VP of operations and business development for CB Gold Inc. Vásquez was also the general manager of Carbones Nueva Naricual in Venezuela and Carbones del Cesar (Mina La Francia) in the Northern coal region in Colombia. Vásquez has been a member of the board of directors of the ACM – National Association of Mining Companies in Colombia and the board of directors of the Colombian Chamber of Mining. She is the co-founder and current vice president of Women In Mining Colombia. Vásquez has also been a consultant for several companies in the sustainability area, specifically in gender equality. She has a Master in Financial Analysis from the Carlos III University of Madrid and a Professional in Finance and International Affairs from Externado University.

Richard Tosdal - MSc., PhD. and Special Advisor

Richard Tosdal is a world-renowned specialist in mineralized porphyry deposits. Tosdal holds a Master of Science from Queens University in Kingston, Ontario and a Ph.D. from the University of California. He has over 45 years of experience in the minerals industry and academic research. His experience includes being a consultant for a variety of mining and exploration companies, a research scientist at the US Geological Survey and a director of the Mineral Deposit Research Unit (MDRU).

Rodolfo Higuera - Sustainability Vice President

Rodolfo Higuera has more than 10 years of experience in the mining industry. His professional career has focused on sustainability, social and environmental processes. He participated in the licensing process, construction and start-up of the operation of the Buriticá Project of Zijin owned by Continental Gold. Previously, he supported various projects in different roles. He supported the Eco Oro Minerals Corp. project as advisor to the IFC advisor. He also supported the Paz del Río Mines Project owned by Acerías Paz del Río which is a subsidiary of Votorantim Metais. Higuera also participated and led social, environmental and mining formalization processes. Higuera is a sociologist from Universidad Nacional de Colombia with postgraduate studies in Sustainability and Social Responsibility from Universidad de Los Andes.

Carlos David Ríos - Exploration Vice President

Carlos David Ríos has over 15 years of experience in the exploration and mining industry in Colombia and the LATAM region. Before Collective Mining, he served as exploration manager at Touchstone Gold in Colombia, exploration manager at the Zijin project owned by Continental Gold, geology manager of Cemex LATAM Holdings and specialist modelling and resources estimation specialist at the Cerro Matoso mine. Ríos has a degree in Geological Engineering from the National University of Colombia. He also has an international postgraduate in Geostatistics applied to the estimation and evaluation of mining deposits at Alberta University, Canada.

Steven Gold - CFA

Steven Gold has nearly 20 years of experience in capital markets within the natural resources sector. Most recently, Gold worked at Energold Drilling Corp. and IMPACT Silver Corp. At these companies, Gold was the CFO and worked in business development and investor relations roles across North America, Europe and the Asian-Pacific region. Gold’s primary responsibilities included financial management as well as global corporate and investor development. Before that, Gold was the vice president of equity research at Clarus Securities Inc. in Toronto where he primarily covered junior natural resource companies. Gold also co-managed one of Canada’s first natural resource-focused hedge funds for a Toronto-based portfolio manager. The portfolio manager’s portfolio is weighted towards junior and mid-level public and private companies. Gold attained the CFA designation from the CFA Institute in 2006 and received a degree in Industrial Relations & Economics from McGill University in Montreal in 2001.

María Constanza García Botero - MA and Director

María Constanza García Botero has extensive experience in mining, infrastructure, energy, urban development and public finance. She has had high-level responsibilities in government agencies, multilateral development institutions and private companies. She was president of the National Mining Agency (ANM), deputy minister of transport infrastructure and held leadership and advisory positions in the National Planning Department, the Hydrocarbons Agency and the Ministry of Finance in Colombia. She was also the director of International Cooperation for Agriteam. The International Cooperation for Agriteam is an international consultancy funded by the Government of Canada to advance governance in the extractive industry in Colombia. She was also the manager of large clients for CEMEX Colombia. She worked with the Interamerican Development Bank and the World Bank in infrastructure, housing, urban development, municipal finance and urbanism in Washington D.C. She has outstanding academic credentials with an Industrial Engineering degree from Universidad Tecnológica de Pereira, Colombia. She also has a Masters’ degree in urban and regional planning and public administration from The Ohio State University, USA and graduate-level degrees in economics and public administration from Universidad de los Andes.

Kenneth Thomas - P.Eng and Director

Kenneth Thomas is the president of Ken Thomas & Assoc. Inc. since 2012. He was the senior vice president of projects at Kinross Gold Corporation from 2009 to 2012. Before Kinross, Dr. Thomas was the global managing director and a board director at Hatch for 6 years. Hatch is a multinational engineering company providing project and construction management services to the metals, infrastructure and energy sectors. From 2003 to 2005, he was the chief operating officer at Crystallex International. Earlier in his career, he spent 14 years at Barrick Gold Corporation in various positions, including senior vice president of technical services. Dr. Thomas has a Master of Science degree in Management from Imperial College, London, the U.K. and a Ph.D. in Project Execution from the Delft University of Technology, The Netherlands. He is a past president and a Fellow of The Canadian Institute of Mining, Metallurgy and Petroleum (the “Institute”). In 1999 & 2001, the Institute awarded Dr. Thomas the Airey Award and Selwyn G. Blaylock Medal, respectively, for advancement in international mine design. Dr. Thomas has previously served as a director for Avalon Advanced Materials, Cardinal Resources Limited and DRA Global. He was also the former lead director of Continental Gold.

Paul Murphy - B.Comm, CA and Director

Paul Murphy was a partner of PricewaterhouseCoopers LLP from 1981 to 2010. He also served as the national mining leader from 2004 to 2010 at PricewaterhouseCoopers LLP. Throughout his career, Murphy has worked primarily in the resource sector with a client list that includes major international oil and gas and mining companies. His professional experience includes financial reporting controls, operational effectiveness, International Financial Reporting Standards (IFRS) and SEC reporting issues, financing, valuation and taxation as they pertain to the mining sector. He was previously the director of Continental Gold until its acquisition in March 2020. He was also the chief financial officer and executive vice president of Guyana Goldfields from 2010 to 2018. Murphy was also the chief financial officer of Guyana Precious Metals from 2012 to 2018. Murphy obtained a Bachelor of Commerce degree from Queen’s University and his Chartered Accountant designation in 1975.

Aswath Mehra - Director

Aswath Mehra is a seasoned executive with 35 years of global experience in the minerals industry. Mehra is an economist by training and received his Bachelor of Science in Economics and Philosophy from the London School of Economics. He is the CEO of the ASTOR Group, a private investment and advisory business, working in the fields of mining, technology, biotech and real estate. He spent many years in the commodity trading and mining business as well as owning, buying and selling companies. He is a director of several companies, both public and private in both executive and non-executive roles. He also devotes significant time to non-profit activities in the fields of education and healthcare. Most recently, Mehra was the executive chairman of GT Gold. Mehra founded GT Gold and sold it to Newmont Corporation which generated a significant return to GT Gold shareholders.

Metals & Mining Live Virtual Investor Conference December 8th & 9th

- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals & Mining Investor Conference on December 8 th & 9 th .

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