Tickers: XCNQ:MONT
Tags: Mining
Vancouver, BC / TheNewswire / January 23, 2018 - Miramont Resources Corp. (CSE: MONT) ("Miramont" or the "Company") is pleased to announce that it has concluded a definitive land access agreement for its Cerro Hermoso project in Peru with the Caluta Community. The agreement, together with existing agreements with five private landholders in the area, allows Miramont full access to conduct exploration activities, including drilling, for a five-year period.
Miramont is in the final stages of planning for an initial 5,000 meter drill program to test its three priority targets at Cerro Hermoso. Geophysical contractors will complete all data collection (IP and Magnetometry) by the end of the month. That information will be incorporated into Miramont's geologic model for final drill hole selection. For further information on the Cerro Hermoso project, please see Miramont's January 10, 2018 News Release.
Bill Pincus, Miramont's President and CEO, said, "Modern mineral exploration demands cooperative agreements among all stakeholders in a project. We are happy to have established a constructive relationship with the Caluta Community and look forward to working with them in the future. This is an important milestone for the exploration of Cerro Hermoso which we will begin drilling in the near future."
National Instrument 43-101 Disclosure
The technical content of this news release has been reviewed and approved by Mr. William Pincus, CPG, President and CEO of Miramont and a Qualified Person as defined by National Instrument 43-101.
About Miramont Resources Corp.
Miramont is a Canadian based exploration company with a focus on acquiring and developing mineral projects within prospective belts of South America. Miramont's key assets are located in southern Peru. The Cerro Hermoso property hosts a large mineralizing system targeting gold, copper - polymetallic mineralization, while the Lukkacha property is targeting porphyry copper mineralization.
On behalf of the Board of Directors,
MIRAMONT RESOURCES CORP.
"William Pincus"
William Pincus, President and CEO
For more information, please contact the Company at:
Telephone: (778) 968-8494
Reader Advisory
This release includes certain statements and information that may constitute forward-looking information and forward-looking statements within the meaning of applicable securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward- looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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