VANCOUVER, BC, March 20,
2023 /CNW/ - Zacapa Resources Ltd. (TSXV:
ZACA) (OTCQB: ZACAF) (DE: BH0) ("Zacapa") is pleased to
announce the appointment of Zacapa's Founder and Chairman,
Ian Slater, as Chief Executive
Officer, effective immediately. To facilitate Mr. Slater's
appointment, Adam Melnik has
resigned as CEO and Director. Zacapa wishes Mr. Melnik well in his
future endeavors.
"After nearly two years of systematic geophysics, geochemistry,
and detailed mapping Zacapa's technical team has identified targets
at South Bullfrog that are analogous to some of the largest
discoveries in the Beatty
district," comments Ian Slater,
Chairman. "These targets have now been fully drill permitted and a
drill contractor has been selected. It is an exciting time to be a
Zacapa shareholder. I look forward to bringing my experience and
working with our team to deliver shareholder value as we put Zacapa
on track for future growth."
About Zacapa
Resources
Zacapa is a mineral exploration company engaged in responsible
exploration for the new energy economy. Its projects are
concentrated in world class jurisdictions in the southwest U.S.,
including Arizona, Nevada, and Idaho. The portfolio includes porphyry copper
projects at Red Top and Pearl and epithermal gold projects at South
Bullfrog and Miller Mountain. These
assets are being advanced by a highly disciplined and seasoned
professional team with successful track records of discovery,
resource development and mine permitting.
For more information, please visit www.zacaparesources.com
Ian Slater
|
Michelle
Borromeo
|
Founder &
Chairman
|
Vice President Investor
Relations
|
+1 778 372
2551
|
+1 778 330
3835
|
slater@zacaparesources.com
|
borromeo@zacaparesources.com
|
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. Certain information set forth in this
news release may contain forward-looking statements that involve
substantial known and unknown risks and uncertainties. All
statements within, other than statements of historical fact, are to
be considered forward looking. Although Zacapa believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in forward-looking statements. Zacapa
cautions that all forward-looking statements are inherently
uncertain, and that actual performance may be affected by a number
of factors, many of which are beyond Zacapa's control. Accordingly,
actual and future events, conditions and results may differ
materially from the estimates, beliefs, intentions and expectations
expressed or implied in the forward-looking information. Readers
are advised to rely on their own evaluation of such uncertainties.
Except as required under applicable securities legislation, Zacapa
undertakes no obligation to publicly update or revise
forward-looking information.
SOURCE Zacapa Resources