Walcott Engages ReedLeyton, Geological Consultants and Updates Australian Projects Status
20 November 2020 - 1:00AM
ADVFN NewsWire
Vancouver, British Columbia, Canada - November 19, 2020 -
InvestorsHub NewsWire - Walcott Resources Ltd.
(CSE: WAL) (FSE: WR2) (OTC: WALRF) (the "Company" or
"Walcott") is pleased to announce the engagement
of Geoff Reed of ReedLeyton Consulting ("Reed") of Jindabyne, NSW,
Australia. Reed will act as technical advisor to the Company. The
initial mandate will include reviewing all technical data compiled
to date and to oversee exploration activities.
Geoff Reed (MAusIMM CP and MAIG) is a senior consulting
geologist with a background in NI 43-101 technical reporting,
mineral resource modelling, design and implementation of drilling
programs, as well as mine site production and development
reconciliation. Mr. Reed stated, "We are excited by the opportunity
to work with the team at Walcott and to help design the next phase
of work at the Company's projects. Tyr and Century South have
compelling histories and excellent further discovery
potential."
"We are excited to be working with Geoff at ReedLeyton
Consulting," stated David Thornley-Hall, Walcott's CEO. "His strong
technical background and experience will be invaluable to us and we
look forward to working together as we implement exploration
activities and strategies at Tyr and Century South."
Project related work continues at both Walcott's Tyr and Century
South in advance of pending field work. Landholder access letters,
scopes of works and plans for the notice of entry have been sent to
the surface landholders at Tyr and Century South. At Tyr the
landholders have permitted access for exploration. The technical
team plans to travel to Tyr by November 27th, if allowable. At
Century South the technical team are looking to commence field work
around the 1st of December.
ON BEHALF OF THE BOARD OF DIRECTORS,
David Thornley-Hall
CEO and Director
For further information on the Company, please email
requests to:
David@walcottresources.com
About Walcott Resources Ltd.
Walcott is a British Columbia based Company involved in the
acquisition and exploration of mineral properties in Canada and
Australia. The Company holds an option to acquire a 100% undivided
interest, subject to a 1.5% NSR on all base, rare earth elements
and precious metals, in the Cobalt Hill copper-gold-cobalt property
(the "Property"), consisting of eight mineral claims covering an
area of approximately 1,727.43 hectares located in the Trail Creek
Mining Division in the Province of British Columbia, Canada.
In addition, the Company has acquired 60% of two silver assets
in Australia - the Tyr Silver Project in northern New South Wales
and Century South Silver-Zinc Project in north-west Queensland.
The CSE does not accept responsibility for the adequacy or
accuracy of this release.
The Canadian Securities has neither approved nor disapproved
the contents of this press release.
This press release includes "forward-looking information" that
is subject to a number of assumptions, risks and uncertainties,
many of which are beyond the control of the Company.
Forward-looking statements may include but are not limited to,
statements relating to the trading of the Company's common shares
on the Exchange and the Company's use of proceeds and are subject
to all of the risks and uncertainties normally incident to such
events.
Investors are cautioned that any such statements are not
guarantees of future events and that actual events or developments
may differ materially from those projected in the forward-looking
statements. Such forward-looking statements represent management's
best judgment based on information currently available.
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