Toronto, Ontario – May 28, 2019 – PowerOre Inc. (“Power Ore” or the “Company”) (TSX.V: PORE) is pleased to welcome Pierre Gaucher to its board of directors.
Pierre is the President of Instrumentation GDD Inc. a world leader in high-tech geophysical instrumentation for mining and exploration geophysics, groundwater exploration, geotechnical investigations. Pierre is also the President of Explorateurs-Innovateurs de Quebec Inc. He holds a degree in mining engineering from Laval University in Quebec and has a Master of Business Administration from the Ecole des Hautes Etudes Commerciales in Montreal. Pierre also worked for two years as a miner, mining engineer, foreman and captain of an underground mine for Teck Corporation.
About Opemiska Copper Mine Complex
The Opemiska Copper Complex is located adjacent to the town of Chapais, Quebec within the Chibougamau region. Opemiska is also within the Abitibi Greenstone belt and within the boundaries of the Province of Quebec’s Plan Nord which promotes and funds infrastructure and development of natural resource projects. The project consists of 11 mining claims and covers the past producing Springer & Perry mines which were owned and operated by Falconbridge. The project has excellent in place infrastructure including a power station and direct access to Highway 113 and the Canadian National Railway.
Opemiska was mined by Falconbridge as a high-grade underground mining operation and was in production for over 35 years prior to Ex-In acquiring the property in 1993.
Power Ore also announces that in accordance with the Company’s Stock Option Plan, a total of 1,825,000 incentive options have been granted to officers, directors and consultants, all of whom have assisted in creating value for our shareholders to date. The option’s exercise price is $0.10 per share and they are exercisable for a period of five years from the date of issue.
For information and updates on Power Ore, please visit: www.powerore.com
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To speak to the Company directly, please contact:
Stephen Stewart, Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Power Ore is a trade name of PowerOre Inc. PowerOre Inc. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to PowerOre Inc. Additional information identifying risks and uncertainties is contained in filings by PowerOre Inc. with Canadian securities regulators, which filings are available under PowerOre Inc. profile at www.sedar.com.