Blade Resources Appoints Geologist to Board

News related to:Blade Resources Inc · 3 min read

Blade Resources Inc., a Canadian exploration company focused on the development of the Hot Breccia project, an emerging copper-gold porphyry located near Hayden, Arizona, USA, has announced the appointment of Steve Robertson to its board of directors, effective immediately. The appointment was made after a thorough review of his qualifications and experience, which align well with the company's strategic objectives.

Mr. Robertson, a Canadian geologist with a B.Sc. in Geology from the University of Alberta, brings a wealth of experience to the board. After graduating, he spent five years conducting exploration with Corona Corporation and then spent twenty-four years working at Imperial Metals Corporation ("Imperial"), a mid-tier mining company that has been involved in the development and operation of five mines, primarily in British Columbia. His many roles at Imperial included being responsible for the Red Chris exploration program ("Red Chris"), where he designed and executed a deep drilling program that spanned six years. Mr. Robertson was also on the development team for Red Chris and was awarded the 2016 E.A. Scholz Award for Excellence in Mine Development.

In 2017, Mr. Robertson became the founding Chief Executive Officer of Sun Metals Corp., which discovered a copper-gold skarn in Northern British Columbia. After guiding Sun Metals through two corporate mergers, he later founded Infinitum Copper Corp., a company with projects in Arizona and Sonora. As president of Prismo Metals Inc., he oversaw the acquisition of copper, gold, and silver assets in Arizona, one of the premier jurisdictions for miners and explorers today. Mr. Robertson has also been a director of several private and public mining companies and has recently returned to Imperial in the role of Vice President, Corporate Development.

In addition to the board appointment, the Company has also announced the grant of a total of 350,000 incentive stock options (the "Options"), 725,000 restricted share units (the "RSUs") and 675,000 deferred share units (the "DSUs") to certain directors, officers and consultants of the Company in accordance with its omnibus incentive plan. The Options vest immediately and are exercisable at a price of $0.33 until September 22, 2031. The RSUs vest after twelve months, following which they will be settled in common shares of the Company. The DSUs vest after twelve months but will only be settled in common shares upon the departure of the holder from the Company. The Options, the RSUs and the DSUs, and any common shares resulting from the exercise of the Options and settlement of the RSUs and the DSUs, are subject to restrictions on resale until January 23, 2027 in accordance with the policies of the Canadian Securities Exchange.

The Hot Breccia project, which is the subject of the company's exploration efforts, is an emerging copper-gold porphyry located near Hayden, Arizona, USA. Historic exploration on the property conducted by Bear Creek Mining (then a Kennecott subsidiary), in a venture with Conoco Inc., from 1972 through 1981 discovered substantial porphyry copper skarn mineralization in multiple drill holes and confirmed the presence of a large, mineralized Laramide age porphyry. The grade and tonnage of the mineralization remain to be determined. The 227 unpatented mining claims that comprise the Hot Breccia project lay in the heart of the Arizona porphyry copper province, within sight of the Hayden Copper Smelter (Asarco) and Freeport's Christmas Mine.

Blade Resources Inc. is a Canadian exploration company focused on the development of the Hot Breccia project, an emerging copper-gold porphyry located near Hayden, Arizona, USA. The company's board of directors has appointed Steve Robertson, a geologist with extensive experience in mine development and porphyry coppers systems, to its board. Additionally, the company has granted incentive stock options, restricted share units, and deferred share units to certain directors, officers, and consultants in accordance with its omnibus incentive plan. The incentive grants are subject to restrictions on resale until January 23, 2027. The Hot Breccia project, which is the subject of the company's exploration efforts, is an emerging copper-gold porphyry located near Hayden, Arizona, USA. Historic exploration on the property conducted by Bear Creek Mining (then a Kennecott subsidiary), in a venture with Conoco Inc., from 1972 through 1981 discovered substantial porphyry copper skarn mineralization in multiple drill holes and confirmed the presence of a large, mineralized Laramide age porphyry. The grade and tonnage of the mineralization remain to be determined. The 227 unpatented mining claims that comprise the Hot Breccia project lay in the heart of the Arizona porphyry copper province, within sight of the Hayden Copper Smelter (Asarco) and Freeport's Christmas Mine.

Start filing today

One press release free every week. No card required.

Create a free account