TSX-V: CUG and CUG.DB
MONTREAL, June 1, 2016 /CNW/ - Cyprium Mining Corporation
("Cyprium" or the "Company") (TSX-V: CUG and CUG.DB)
is pleased to announce the appointment of Mrs. Rosario Mundo as Manager of Finance and
Administration of all its operations in Mexico. A graduate of the Universidad Autonoma
de Chihuahua as Certified Public Accountant, Mrs. Mundo has almost
twenty years of experience in the mining sector in Mexico, having worked in senior positions for
various subsidiaries of Goldcorp Inc for nearly ten years and more
recently with Minefinders Corporation Ltd and Coeur Mining Inc.
Mrs. Mundo also has completed post-graduate studies in Business
Financing and Personnel Management. Reporting directly to Cyprium's
Chief Executive Officer, Mrs. Mundo will be responsible for
accounting, tax matters, audits, financial reporting and budgeting,
internal controls, payroll and costs control.
Mr. Alain Lambert, Chairman and
CEO of Cyprium commented: "I have never subscribed to the notion
that a junior mining companies can have its most senior employees
located in a different country than where its operations are
situated. On the contrary, I firmly believe that the senior
operational staff should be not only based but also recruited
locally. Mexico is a vibrant
mining jurisdiction and Chihuahua is a major urban centre with a
population of almost one million people which facilitates
recruitment." He added: "Cyprium has the additional advantage that
its main project, the development and exploration of the historic
Potosi silver mine, is a short
thirty minute trip from downtown Chihuahua which is a shorter
commute than in most large North American cities. Mrs. Mundo is a
resident of Chihuahua and as I personally spend most of my time at
our Chihuahua office, I look forward to working closely with Mrs.
Mundo on a daily basis."
Cyprium also announces that Mr. Alejandro Anchondo, formerly Project and
Operations Manager, has been given additional responsibilities and
will now have the title of Business Development and Operations
Manager. The expanded role for Mr. Anchondo will see him being
responsible for overseeing and supervising Cyprium´s mining and
processing activities and employee matters and day-to-day dealings
with outside contractors.
About Cyprium Mining Corporation
For the description of Cyprium Mining's business and company
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www.cypriummining.com
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SOURCE Cyprium Mining Corp