LAS VEGAS--(BUSINESS WIRE)--Amarium Technologies Inc. (PINKSHEETS: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., released today that the Company has reached an agreement with mining specialist Sebastian Cervantes Cuevas to join the Board of Directors and act as a consultant for Amarium’s current exploration activity at the Jovita Mine in Michoacán, Mexico.
“I am very fortunate to have joined the Amarium group to coordinate an extensive exploration program at the Jovita Mine. With the current trenching program already underway, and drilling to begin shortly, this is an exciting time of expansion for the Company.”
Mr. Cuevas has previously been engaged with numerous European and South American mining companies over the past 20 years and specializes in managing base metals exploration programs. “I am very fortunate to have joined the Amarium group to coordinate an extensive exploration program at the Jovita Mine. With the current trenching program already underway, and drilling to begin shortly, this is an exciting time of expansion for the Company.”
President & CEO, Adam Carter, reiterated what an important step this agreement is for the Company, and that the depth of experience Mr. Cuevas brings to Amarium is paramount to a successful exploration program.
Recently in June, Amarium announced it had signed a US$8.75 million Copper Streaming agreement with Anglo-Asia Resource Partners. Anglo-Asia is a Hong Kong based partnership that procures precious and base metals for the Asian marketplace.
Amarium is focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company's asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.
For additional information, please visit: www.amariumminerals.com
This press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in question are based on Amarium Technologies, Inc.'s current expectations and projections about future events, based on information currently available. The forward-looking statements found in this press release may also include statements relating to Amarium Technologies, Inc.'s anticipated financial performance, business prospects, new developments, strategies, and similar matters. Amarium Technologies, Inc. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Amarium Technologies, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.