Vancouver, British Columbia--(Newsfile Corp. - September 6, 2017) - Alset Minerals Corp. (TSXV: ION) ("Alset" or "the Company") is pleased to announce that Gilberto Zapata Castaneda, a Mexican mining entrepreneur based in Zacatecas, Mexico, is joining the Alset board to lead business development efforts in Mexico. Gilberto Zapata Castaneda has an accounting degree, MBA, and has been active in the mining industry in Mexico throughout his career.
Gilberto built up a network of government contacts that helped Alset quickly obtain the necessary drilling permits and he will continue to play a key role in this area. He also has an excellent network of mining and business contacts throughout Mexico which helps our exploration and development efforts run smoothly.
Allan Barry Laboucan, President and CEO of Alset said; "Gilberto, has been an important part of our exploration and drilling activities, his assistance has enabled Alset to complete its exploration work very rapidly on a small budget. So far, our work has presented us with results that suggest we have a dual track going forward. First, we have promising grades of lithium in the soils of the La Salada salar; second, we have high-grade potassium in the near surface brines and the soils.
It is our goal to continue to move forward to assess the economic viability of our various salars. To do this Gilberto will continue to play a key role in permitting. He will also be leading our efforts to open doors to Mexican investors and business partners for potential lithium production and in the agricultural sector. Gilberto has been an integral part of our efforts in Mexico, he is also a significant shareholder in Alset and I'm very pleased he has decided to join our board to help us move Alset forward."
Other News
Alset has accepted the resignation of board member Brian Robertson, who will step down to make room for Gilberto Zapata Castaneda. The board would like to thank Brian for his past contributions as he helped Alset make the transition into lithium-potassium exploration in Mexico. The board would also like to wish Brian all the best and look forward to contributions he will make in the future as he will continue to be a consultant to the company.
About Alset Minerals (TSXV: ION)
Alset Minerals Corp. is a TSX-V listed junior exploration company focused on exploring and development of a group of high-grade lithium and potassium projects in the Central Mexican Plateau. The Company is actively exploring in Mexico.
