(TheNewswire)
Montreal, QC / TheNewswire / October 11, 2017 - St-Georges Platinum & Base Metals ltd (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to update its shareholders and stakeholders on the advancement of its wholly owned subsidiary 'Kings of the North Corporation'.
As reported earlier this month, St-Georges has taken the steps to create a subsidiary to handle some of its Canadian assets. The Isoukustouc Nickel-Copper-Cobalt project is currently the only project in this new subsidiary. This subsidiary of St-Georges has commissioned an independent NI 43-101 Technical Report on the project and expects to receive work recommendations with it in November 2017.
Mark Billings, president of Kings of the North Corp., is joined by Dr. Peter Smith as director of the new subsidiary.
Peter H. Smith, PhD, P.Eng., is the President, CEO, Director and founder of Fancamp Exploration Ltd., a publicly traded company, and The Magpie Mines Inc., a private subsidiary of Fancamp. His extensive executive experience includes multiple directorships of public companies over the years, including a long-term directorship of the PDAC (Prospectors and Developers Association of Canada). He is currently a Director of HPQ Silicon Resources Inc. Dr. Smith is a member of the Ontario Order of Professional Engineers.
Mark Billings commented: "I am very happy to welcome Peter as a director of Kings of the North. His extensive geological experience, together with his past service as a director of St-Georges, will undoubtedly help us move forward."
ON BEHALF OF THE BOARD OF DIRECTORS
"Mark Billings'
MARK BILLINGS, CHAIRMAN OF ST-GEORGES & PRESIDENT OF KINGS OF THE NORTH CORP.
About St-Georges
St-Georges is developing new technologies to solve the biggest environmental problems in the mining industry. If these new technologies are successful, they should improve the financial bottom line of current mining producers. The potential success of these technologies would also involve upgrading certain current known metal resources to economic status while addressing the environmental and social acceptability issues.
The Company controls directly or indirectly all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec's North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi area. Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
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