VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2017) - Candelaria Mining Corp. ("Candelaria" or the "Company") (TSX VENTURE:CAND) (OTCQX:CDELF) (FRANKFURT:29LN) is pleased to announce additions to its senior management team. Effective immediately, the Company has appointed Mr. Curtis Turner to be the Chief Executive Officer ("CEO") and a member of the Board of Directors. In addition, Mr. Ramon Perez, acting CEO, will be appointed as the Company's President and will continue to serve as a member of the Board of Directors. Lastly, Mr. Erick Bertsch will assume the role of Vice-President, Corporate Development.
Mr. Sokhie Puar has resigned from his current position as the President of the Company, and will remain as a member of the Board of Directors.
Mr. Curtis Turner - newly appointed CEO and Director
Mr. Turner has over 15 years' experience in the mining industry, which includes significant experience in Mexico where he oversaw permitting processes and technical work. Mr. Tuner previously held a senior management position at Argonaut Gold Inc., where he was a key member of the team that successfully completed four acquisitions totaling over $700 million. Prior to his position at Argonaut Gold Inc., Mr. Turner was employed by Yamana Gold Inc. and Meridian Gold Inc. in increasing levels of responsibility in the accounting and finance areas.
Mr. Ramon Perez - newly appointed President and current Director
Mr. Perez has been with the Company since the completion of the qualifying transaction of Candelaria in March 2016. He brings a wealth of experience in project acquisition and financing in Mexico, banking and capital markets management in the natural resource sector.
Mr. Erick Bertsch - Vice-President, Corporate Development
Mr. Bertsch has over 23 years of experience in the mining industry. He began his career working as a field technician for a variety of exploration companies operating in Canada, the United States and Mexico. He brings 14 years' experience in shareholder management and investor relations. Previously, he served as Vice President, Corporate Development for Great Panther Silver Limited and most recently, Columbus Gold Corporation.
Mr. Perez, President, commented, "We are excited by our recent press releases. Firstly, the CAD $9.7 million strategic investment by Agnico Eagle Mines Limited, and now the strengthening of our management team. These two recent events have allowed us to outline a roadmap to increase shareholder value in the current and upcoming fiscal year and further advance the Company's Caballo Blanco Project."
About Candelaria
Candelaria Mining is a Canadian-based gold development and exploration company with a portfolio of highly prospective projects in Mexico, one of the world's best mining jurisdictions. Candelaria's 100% owned Caballo Blanco Project hosts NI 43-101 Indicated Resources of 521,000 ounces of gold and 2,170,000 ounces of silver (31,220,000 tonnes grading 0.52 g/t gold and 2.16 g/t silver) and Inferred Resources of 95,000 ounces of gold and 590,000 of ounces silver (8,630,000 tonnes grading 0.34 g/t gold and 2.14 g/t silver). Potential exists to increase these estimated resources through continued drilling and exploration. For more information on resource estimates, please see the Company's news release dated May 8, 2017.
