(TheNewswire)
Vancouver, British Columbia, - TheNewswire - October 11, 2022: Headwater Gold Inc. (CSE:HWG ) | ( OTC:HWAUF) (the "Company" or"Headwater") is pleased to announcethat Mr. Rick Streiff has joined the Company as a TechnicalAdvisor.
Highlights
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As Technical Advisor, Mr. Streiff will assist theCompany with the ongoing exploration in the Western UnitedStates;
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Rick is an expert in epithermal gold deposits, with aspecific focus on high-grade low sulfidation vein deposits;and,
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Rick has 45 years of experience, including time atseveral famous epithermal deposits such as Round Mountain, Nevada,Midas, Nevada, Kettle River, Washington, and Waihi, New Zealand.
Caleb Stroup, Headwater’s President and CEO, comments: “We are very excited to welcome Rick as a Technical Advisor tothe Company and look forward to benefitting from his tremendousexperience which is extremely relevant to Headwater’s explorationactivities. His global epithermal gold experience will be a majorasset to the Company as we start to receive data from our aggressive2022 exploration programs”.
Mr. Streiff is a geologist with more than 45 yearsexperience in the mineral industry, working with companies such asEcho Bay, Newmont, and OceanaGold. Rick earnedhis Bachelors of Science in Geology from the University of Oregon. He has worked on numerous Nevada exploration, development, and minesites, first for Echo Bay Mines (10 years) and then Newmont (18years). He held various senior positions at Newmont, includingNevada Underground Geology Manager, and spent significant periods oftime exploring the Hauraki Goldfield and the Taupo Volcanic Zone inNew Zealand. He later returned to New Zealand for OceanaGold wherehis team made multiple significant high-grade low sulfidation veindiscoveries. Since 2020, Mr. Streiff has worked as a globalconsulting geologist with specific focus on low and intermediatesulfidation vein systems.
About Headwater Gold:
Headwater Gold Inc. (CSE: HWG, OTCQB: HWAUF) is atechnically-driven mineral exploration company focused on theexploration and discovery of high-grade precious metal deposits in theWestern USA. Headwater is aggressively exploring one of the mostwell-endowed and mining-friendly jurisdictions in the world with agoal of making world-class precious metal discoveries. Headwater hasa large portfolio of epithermal vein exploration projects, and atechnical team comprised of experienced geologists with diversecapital markets, junior company, and major mining company experience. The Company is systematically drill testing several projects inNevada, Idaho, and Oregon, and has recently announced a significanttransaction with Newcrest Mining Limited whereby Newcrest has taken a9.9% strategic equity interest in the Company and entered into earn-inagreements on four of Headwater’s projects.
For more information, please visit the Company'swebsite at www.headwatergold.com.
On Behalf of the Board ofDirectors
Caleb Stroup
President and CEO
+1 (775) 409-3197
For further information, please contact:
Brennan Zerb
Investor Relations Manager
+1 (778) 867-5016
Forward-Looking Statements:
This news release includes certainforward-looking statements and forward-looking information(collectively, "forward-looking statements") within themeaning of applicable Canadian securities legislation. All statements,other than statements of historical fact, included herein including,without limitation, statements regarding future capital expenditures,exploration activities and the specifications, targets, results,analyses, interpretations, benefits, costs and timing of them,Newcrest’s anticipated funding of the earn-in projects and thetiming thereof, and the anticipated business plans and timing offuture activities of the Company, are forward-looking statements.Although the Company believes that such statements are reasonable, itcan give no assurance that such expectations will prove to be correct.Often, but not always, forward looking information can be identifiedby words such as "pro forma", "plans","expects", "may", "should","budget", "scheduled", "estimates","forecasts", "intends", "anticipates","believes", "potential" or variations of suchwords including negative variations thereof, and phrases that refer tocertain actions, events or results that may, could, would, might orwill occur or be taken or achieved. Forward-looking statements involveknown and unknown risks, uncertainties and other factors which maycause the actual results, performance or achievements of the Companyto differ materially from any future results, performance orachievements expressed or implied by the forward-looking statements.Such risks and other factors include, among others, risks related tothe anticipated business plans and timing of future activities of theCompany, including the Company's exploration plans and the proposedexpenditures for exploration work thereon, the ability of the Companyto obtain sufficient financing to fund its business activities andplans, the risk that Newcrest will not elect to obtain any additionalinterest in the Projects in excess of the minimum commitment, theability of the Company to obtain the required permits, changes inlaws, regulations and policies affecting mining operations, theCompany's limited operating history, currency fluctuations, titledisputes or claims, environmental issues and liabilities, as well asthose factors discussed under the heading "Risk Factors" inthe Company's prospectus dated May 26, 2021 and other filings of theCompany with the Canadian Securities Authorities, copies of which canbe found under the Company's profile on the SEDAR website atwww.sedar.com.
Readers are cautioned not to placeundue reliance on forward-looking statements. The Company undertakesno obligation to update any of the forward-looking statements, exceptas otherwise required by law.
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