Western Metallica Resources Corp. (TSX-V:WMS) told investors it has appointed Paul Pearson to its Board of Directors, effective 30 August 2023.
The company noted that Pearson is a specialist structural and economic geologist with over 35 years of diverse exploration experience throughout regions including Australasia, Latin America and Northern Africa.
He replaces Deepak Varshney who has tendered his resignation and ceases to be a director of the company from 30 August.
Pearson holds an Honours Bachelor of Science and PhD in Structural Geology from the University of Queensland, Australia, and is a Fellow of the Australian Institute of Mining and Metallurgy (FAusIMM).
Western Metallica CEO Gregory Duras commented in a statement that his appointment provides a strategic benefit given his technical aptitude and the company’s new direction towards copper exploration in Peru.
“On behalf of the company and as a fellow director, I am very pleased to extend a warm welcome to Dr Pearson, recognizing that his extensive geological experience is of substantial additive value to the Western Metallica Board, especially given his in-country experience in a region where the company recently acquired two notable copper assets,” Duras said.
“Dr Pearson’s previous operational involvement in Peruvian mineral projects such as El Misti Gold Ltd.’s discovery of Sinchao (Antakori), a Cu-Au (copper-gold) resource in Cajamarca, and Alturas Minerals SA’s Sombrero Cu-Au skarn project in Ayacucho, will complement our exploration team’s capabilities with local knowledge.”
The company also announced it has granted 2,050,000 incentive stock options to directors, officers, employees and consultants under its Omnibus Incentive Plan.
The incentive stock options have an exercise price of $0.06 per share and are valid for a five-year period from the date of grant.
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