IM Exploration Appoints Steven R.
Koehler to Technical Advisory Committee
Vancouver, British Columbia, September 23, 2021 --
InvestorsHub NewsWire -- IM Exploration Inc. (CSE: IM) ("IM"
or the "Company") is pleased to announce
the appointment of Steven R. Koehler to the Company's Technical
Advisory Committee, which will be providing guidance on the
exploration strategy at the Company's Toiyabe and Turquoise Canyon
Projects located in Lander County, Nevada, USA.
Mr. Koehler is an exploration geologist with over 30 years of
experience working on projects across various stages of
development. Over the course of his career, he has established a
particular expertise operating along the Carlin and Battle Mountain
- Eureka Trends in Nevada. To date, Steven has been directly
involved in eleven Carlin-type gold discoveries, six of which have
become producing mines. Notably, Mr. Koehler was Senior Geologist
on the initial discovery team at Cortez Hills, which was developed
into a 10+ million-ounce gold deposit. He was awarded the 2005
Thayer Lindsley International Discovery Award for his contributions
to that discovery. Cortez Hills is situated approximately 10
kilometers northeast of the Company's Toiyabe Project.
Most recently, Mr. Koehler was Manager of Projects for Gold
Standard Ventures Corp., where he oversaw district-scale
exploration at the Railroad-Pinion Project. During his decade-long
tenure there, he also led technical teams responsible for initial
discoveries at North Dark Star, North Bullion, and LT. Previously,
Steven has also held senior management and technical positions at
GFG Resources, Evolving Gold, Miranda Gold, Cortez Gold Mines, and
Newmont.
David Browning, Vice President of Exploration, noted: "Mr.
Koehler is a bonified Nevada mine-finder, and his record of
discovery success with Carlin-type gold deposits speaks for itself.
We're thrilled to have access to his wealth of knowledge as we move
towards the next phase of exploration at our projects."
Mr. Koehler is an active member of the American Institute of
Professional Geologists, and the Geological Society of Nevada. He
has also authored and co-authored several academic and research
papers over his career. Steven earned his Bachelor of Science in
Geology from the University of Wisconsin (River Falls) in
1990.
The Company has granted an aggregate of 50,000 options to
Steven R. Koehler pursuant to the Company's stock option plan. The
options, which vest immediately, are exercisable at a price of
$0.24 per IM share for a period of five (5) years from the date of
grant.
About IM
Exploration
IM Exploration is a mineral exploration company focused on
developing the Toiyabe and Turquoise Canyon Projects located in the
Cortez Hills area of Lander County, Nevada. The Company is also
advancing the Mulloy Project in Northern Ontario. From time to
time, the Company may also evaluate the acquisition of other
mineral exploration assets and opportunities.
For further
information contact:
Raymond D.
Harari
Chief Executive Officer
IM Exploration Inc.
rdh@canaliscapital.com
Tel: +507-6675-2221
The securities issued to Steven R.
Koehler have not been, and will not be, registered under the U.S.
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any U.S. state securities laws, and may not be offered or sold in
the United States or to, or for the account or benefit of, United
States persons absent registration or any applicable exemption from
the registration requirements of the U.S. Securities Act and
applicable U.S. state securities laws. This news release shall not
constitute an offer to sell or the solicitation of an offer to buy
securities in the United States, nor shall there be any sale of
these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
The Canadian Securities Exchange
has neither approved nor disapproved the contents of this news
release. The Canadian Securities Exchange does not accept
responsibility for the adequacy or accuracy of this news
release.
Forward-looking statements or
information are subject to a variety of known and unknown risks,
uncertainties and other factors that could cause actual events or
results to differ from those reflected in the forward-looking
statements or information, including, without limitation, the need
for additional capital by the Company through financings, and the
risk that such funds may not be raised; the speculative nature of
exploration and the stages of the Company's properties; the effect
of changes in commodity prices; regulatory risks that development
of the Company's material properties will not be acceptable for
social, environmental or other reasons, availability of equipment
(including drills) and personnel to carry out work programs, that
each stage of work will be completed within expected time frames,
that current geological models and interpretations prove correct,
the results of ongoing work programs may lead to a change of
exploration priorities, and the efforts and abilities of the senior
management team. This list is not exhaustive of the factors that
may affect any of the Company's forward-looking statements or
information. These and other factors may cause the Company to
change its exploration and work programs, not proceed with work
programs, or change the timing or order of planned work programs.
Although the Company has attempted to identify important factors
that could cause actual results to differ materially, there may be
other factors that cause results not to be as anticipated,
estimated, described or intended. Accordingly, readers should not
place undue reliance on forward-looking statements or information.
The Company's forward-looking statements and information are based
on the assumptions, beliefs, expectations and opinions of
management as of the date of this press release, and other than as
required by applicable securities laws, the Company does not assume
any obligation to update forward-looking statements and information
if circumstances or management's assumptions, beliefs, expectations
or opinions should change, or changes in any other events affecting
such statements or information.
