VANCOUVER, BC, Dec. 1, 2021 /CNW/ - Monumental Minerals
Corp. ("Monumental" or the "Company") (TSXV: MNRL) is
pleased to announce the appointment of Dr. Jamil Sader to the board of directors to assist
with the exploration and drill target definition of the Jemi heavy
rare earth element (HREE) Project located in Coahuila, Mexico, about 40 km south of the
Texas, USA border.
Dr. Jamil Sader obtained his
Ph.D. in geochemistry from the University of
Ottawa. He has over 20 years of experience in the mineral
resource industry and has held international senior technical and
management positions at MMG Resources, Anglo American, and Bureau Veritas Minerals. His
extensive experience, from field geologist to senior management,
has provided him a deep technical understanding across many facets
of base, precious, and critical metals, and an extensive global
network of geoscience professionals. Dr. Sader is currently
President of MineScience Advisors.
Todd Macdonald, CEO of Monumental
Minerals comments: "With the recent appointment of a very senior
advisory board and today's announcement adding Dr. Sader to the
board of directors, Monumental Minerals now has the technical
expertise required for this type of project and we are pleased to
have some top individuals in the space show such interest in this
drill permitted Heavy Rare Earth project."
Qualified Person
The scientific and technical
information contained in this news release has been reviewed and
approved by Kristopher J. Raffle, P.Geo. (BC) Principal and
Consultant of APEX Geoscience Ltd. of Edmonton, AB, a Director of the Company and a
"Qualified Person" as defined in National Instrument 43-101
– Standards of Disclosure for Mineral
Projects.
About Monumental Minerals Corp.: Monumental Minerals
Corp. is a mineral exploration company focused on the acquisition,
exploration, and development of mineral resource properties in the
critical and electric metals sector. The Company's flagship asset
is the Jemi HREE project located in Coahuila, Mexico near the Texas, USA border which the company has an
option to own 100% of the 3,650-hectare project with additional
acreage pending. The Company has an option to acquire a 100%
interest and title to the Weyman property located in the
Kamloops and Nicola Mining
Divisions and in the Thompson Nicola Regional District,
British Columbia.
On behalf of the Board of Directors,
/s/ "Todd Macdonald"
Todd
Macdonald Chief Executive Officer
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 news release.
Forward Looking Information
This news release contains "forward–looking information or
statements" within the meaning of applicable securities laws, which
may include, without limitation, advancing the Jemi project and
completing exploration work on the project, other statements
relating to the technical, financial and business prospects of the
Company, its projects and other matters. All statements in this
news release, other than statements of historical facts, that
address events or developments that the Company expects to occur,
are forward-looking statements. Although the Company 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 may differ materially from
those in the forward-looking statements. Such statements 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 metals, the ability to achieve
its goals, that general business and economic conditions will not
change in a material adverse manner and that financing will be
available if and when needed and on reasonable terms. Such
forward-looking information reflects the Company's views with
respect to future events and is subject to risks, uncertainties and
assumptions, including the risks and uncertainties relating to the
interpretation of exploration results, risks related to the
inherent uncertainty of exploration and cost estimates and the
potential for unexpected costs and expenses and those other risks
filed under the Company's profile on SEDAR at www.sedar.com.
Factors that could cause actual results to differ materially from
those in forward looking statements include, but are not limited
to, continued availability of capital and financing and general
economic, market or business conditions, failure to secure
personnel and equipment for work programs, adverse weather and
climate conditions, failure to maintain all necessary government
permits, approvals and authorizations, the impact of Covid-19 or
other viruses and diseases on the Company's ability to operate,
decrease in the price of rare earth elements and other metals,
failure to maintain community acceptance, increase in costs and
litigation. The Company does not undertake to update
forward–looking statements or forward–looking information, except
as required by law.
SOURCE Monumental Minerals Corp.