Vancouver, British Columbia – February 20, 2018 – New Destiny Mining Corp. (TSX-V: NED), (the “Company” or “NED”) is pleased to announce that it has appointed Al Beaton (P.Eng) to the board of directors.
Mr. Beaton has been actively involved in mining operations for over 40 years. Since becoming a member of the Association of Professional Engineers and Geoscientists of British Columbia in 1974, he has over 30 years of experience as mine manager for mining and development operations throughout Africa and across Canada. Mr. Beaton was the mine manager for Erickson Gold Mine from 1979 to 1986, which, at its peak, was the No. 1 gold producer in British Columbia. Throughout his career, he has been involved in over 50 mining and civil jobs in B.C. and has thus gained a strong perspective on mining techniques over a wide diversity of mining projects.
Mr. Beaton, has been involved with the original Treasure Mountain Mine since its discovery in the 1980’s and worked closely with Magnus Bratlien, the prospector who advanced the project over the years. Mr. Beaton was responsible for four levels of development and over 1000 feet of vertical development – over 10,000 feet with drifts and raises – prior to commercial production by Huldra Silver Inc. (currently Nicola Mining Inc.) where Mr. Beaton served as the Mine Manager over its three years of operations.
Mr. Beaton’ extensive knowledge of the region will be a major asset for developing New Destiny’s Treasure Mountain Silver Project which is immediately adjacent to the former mine.
Al Beaton stated, “this is an area that has been underexplored and underdeveloped, with untapped potential.”
The company is extremely pleased to have a person of Al’s high caliber join its board. His extensive mining experience and astute knowledge of this area will be a considerable asset to the board of New Destiny Mining Corp. and its shareholders as the company moves forward and expands its technical team.
ON BEHALF OF THE BOARD OF DIRECTORS
Forward Looking Information
This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, the Company’s information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements regarding the completion of the proposed transactions. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon several factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of gold and other metals, anticipated costs and the ability to achieve goals, and the Company will be able to obtain required licenses and permits. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks including that resource exploration and development is a speculative business; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuating prices of metals; the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; operating hazards and risks; and competition. There can be no assurance that economic resources will be discovered or developed. Accordingly, actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, equipment failures, litigation, competition, fees charged by service providers and failure of counterparties to perform their contractual obligations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities