Galore Appoints New Vice President of Exploration and the Grant of Incentive Stock Options

2017-02-27 / @thenewswire

 

(TheNewswire)

Vancouver, BC / TheNewswire / Galore Resources Inc. (TSX-V: GRI) (the "Company") is pleased to announce the engagement of Mr. Craig Byington of Clancy, Montana to act as Galore's Vice President of Exploration and QP, and Mr. Octavio Gonzales as Regional Exploration Manager, Mexico.

Mr. Byington has developed experience as a President, V. P. of Exploration, Regional Exploration Manager, Project Supervisor, Production Geologist, Sr. Geotechnical Engineer, Consultant and Assistant Dean for Montana Tech's School of Mines and Engineering. He holds a B.Sc. and a M.Sc. and is a Registered Professional Geologist and a registered Qualified Person.

Mr. Byington created the advanced exploration technique of Integrated Structural Analysis (ISA) and the geotechnical engineering technique of Stress-field Orientation Mapping and Analysis (SOMA), and presented peer-reviewed papers about both at industry conferences. He is responsible for a number of economic, precious-metal and base-metal ore discoveries, and has been a key participant in designing mines, mine roof-support systems, and in solving a myriad of open-cut and underground mine related problems.

Mr. Octavio Gonzales, has been involved with Galore since 2007. Mr. Gonzales is both a graduate of geological engineering and former professor in the Faculty of Engineering from the University of Mexico.

During Mr. Gonzalez's 25-plus years of experience in mining precious metals and industrial minerals, he has worked extensively in Mexico and Peru. Mr. Gonzalez has carried out consultant positions as a structural analyst, cartographer and field geologist on internationally recognized projects such as the Copalquin project in Durango State and "El Cajon" hydroelectric project in Nayarit State. Mr. Gonzalez has held senior-level geological positions in Mexico with Placer Ltd., Minera Casabel and Minera Colibri.

Galore and its management are very excited to have such an experienced team in place to focus on the continuing exploration and development of its properties in Mexico, including its primary focus, the 100% owned 49,400 acre Dos Santos project, which is located 22 miles southeast of Goldcorp's Pe??asquito gold-silver, base-metal project..

Galore also announces the grant of a total of 2,400,000 incentive stock options to consultants of the Company, exercisable for a period of five years at a price of $0.05, subject to vesting provisions.

Galore Resources is a British Columbia-based exploration company that has assembled a leading group of industry professionals to acquire and explore for promising deposits in Mexico and British Columbia.

ON BEHALF OF THE BOARD

"Michael McMillan"

President and CEO

To find out more about Galore Resources (TSX.V:GRI) please contact:

Mike McMillan at (210) 860-9212 (USA) / (604) 647-2298 (CAN) / Toll Free: 1 (877) 647-2298

Please visit our website at www.galoreresources.com or contact us at info@galoreresources.com.

Neither the TSX Venture Exchange 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.

Copyright (c) 2017 TheNewswire - All rights reserved.

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