RENO, Nev.--(BUSINESS WIRE)--EMC Metals Corp. (the “Company” or “EMC”) (TSX: EMC) announced today that John W. Grubb has been appointed to the EMC Board as an independent Director.
Mr. Grubb has held numerous business manager roles in both surface and underground mines for BHP Billiton, and is currently an Adjunct Professor of Mine Engineering at the Colorado School of Mines, in Golden, Colorado. John served for 25 years with BHP, as President & COO of New Mexico Coal, as President of BHP Minerals Zimbabwe & Hartley Platinum, as Managing Director of OK Tedi Mining Ltd. in Papua New Guinea, as General Manager Operations at Queensland Coal in Australia (10 mines, 8 surface plants, & 3 ports), and numerous other surface and underground operations for both BHP and The Pittston Company. Mr. Grubb has a BS in Mine Engineering from the Virginia Polytechnic Institute and State University, an MS in Engineering Administration from the University of Tennessee, and a PhD in Mining and Earth Systems Engineering from Colorado School of Mines in Golden, Colorado.
Mr. George F. Putnam, CEO of EMC commented as follows:
“We are very pleased to have John join the EMC Board in an independent Director’s role. He brings a wealth of technical mining and operating expertise to the Board which we believe will prove extremely valuable as we work to re-start the Springer Tungsten Mine. His counsel and hands-on mining experience will be a major asset, both to the management of EMC, and to our shareholders. ”
Mr. William B. Harris, Chairman of EMC commented as follows:
“The EMC Board welcomes John to EMC. His mining business operator background and his specific underground expertise are welcome additions to the group at the board level, as we transition into an operational company at Springer.”
About EMC Metals
EMC owns a 100% interest in the Springer tungsten mine in Nevada, USA. Strong tungsten prices and tight supply conditions, combined with the refurbished mill and existing tungsten resource on the property, support a strategy to seek a near term restart of the Springer facility. EMC also owns a 50% earn-in right on the Nyngan Scandium Project in NSW, Australia and 100% interest in the Carlin Vanadium property near Carlin, Nevada. All three properties have current NI 43-101 compliant resource estimates, available on the Company website and on SEDAR.
On February 29th, 2012, EMC announced that its earn-in on the Nyngan Scandium Project was rejected and would be taken to dispute with our partner. EMC continues to aggressively pursue our right to a 50% project earn-in, both through direct discussions with our partner and through a formal dispute process. We maintain that all project earn-in conditions outlined under the JV Agreement have been met, and subject to satisfactory agreement, EMC will take all lawful steps to secure its proprietary rights to a 50% joint venture interest. The parties remain in discussion on the matter.
The technical information in this news release has been reviewed by Willem Duyvesteyn, a Qualified Person as defined by National Instrument 43-101. Mr. Duyvesteyn is employed by EMC Metals Corp.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This press release contains forward-looking information that does involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements regarding long term prices for tungsten, our ability to find and retain qualified management and key technical persons to operate the tungsten project, our ability to raise the necessary capital to fund a restart of mining operations, the short term or long term economic feasibility of tungsten production at our Springer facility, and in general statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. Forward-looking information in this press release is based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice, and by other risk factors disclosed in our public filings. Except as required by law, EMC assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.