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Mineral Mountain Announces Appointment of New Director

PRESS RELEASE: Paid content from Accesswire
Press release content from Accesswire. The AP news staff was not involved in its creation.
January 10, 2023 GMT

VANCOUVER, BC / ACCESSWIRE / January 9, 2023 / Mineral Mountain Resources Ltd. (“Mineral Mountain” or the “Company”) (TSXV:MMV)(OTCQB:MNRLF)(FRANKFURT:M8M) is pleased to announce that Steven Albertsen has joined Mineral Mountain board of directors.

Mr. Albertsen has over 25 years of experience in the finance, planning, design, and construction of large- and small-scale projects from $10M-$600M, and brings with him international and local capital investment through years of large-scale project development. Mr. Albertsen is the CEO/Owner of NVS Engineering a multi-disciplinary engineering company established in 2013. Before NVS Engineering Mr. Albertsen worked for Abu Dhabi Energy Corp managing infrastructure projects in North America. Key projects included $86M infrastructure upgrades including drilling pipelines and facility work in North Dakota.

Nelson Baker, President and CEO of Mineral Mountain said, “On behalf of the members of the Board, I am delighted to welcome Steven to our Board. We look forward to his participation and how we can benefit from his extensive background in finance, planning, design and construction of various projects as we advance Mineral Mountain.”

About the Standby Mine Gold Target

All geologic, geophysical and drill results to date suggest a Homestake ledge-type target exists at Standby and is potentially of large scale. Mineral Mountain’s goal is to extend the Standby Mine gold mineralization down-plunge through systematic step-out drilling along strike and down-plunge in the Upper Tail to discover an Ore Centroid at depth.

MMV’s two previous core drilling campaigns between 2018 and 2020 extended known gold mineralization from the bottom of the historic Standby Mine workings from 130 meters below surface to a total plunge length of 850 meters.

Jeff Hrncir, the Company’s chief geologist commented “Confirming the existence of an Ore Centroid at Standby would be a game-changing discovery for Mineral Mountain Resources and set the stage for future resource delineation drilling.”

On Behalf of the Board of Directors,


“Nelson W. Baker”, President and CEO

For further information, please contact:

Brad Baker, Vice-President Corporate Development & Director

(778) 383-3975

Or visit our website:

Neither the 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.

Forward-Looking information

This release contains “forward-looking information” within the meaning of applicable Canadian securities legislation (“Forward-looking information”). Forward-looking information includes, but is not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as completion of the private placement, future business strategy, competitive strengths, goals, expansion, growth of the Company’s businesses, operations, plans and with respect to exploration results, the timing and success of exploration activities generally, permitting time lines, government regulation of exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance coverage, timing and possible outcome of any pending litigation, timing and results of future resource estimates or future economic studies and the ability to raise required capital.

Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “planning”, “planned”, “expects” or “looking forward”, “does not expect”.

SOURCE: Mineral Mountain Resources Ltd.

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