Roy Eiguren Appointed to Board of Directors of Gold Torrent Inc.; Joint Venture Developed with Miranda Gold Corp.
This July, Eiguren Fisher Public Policy Partner Roy Eiguren was appointed to the Board of Directors for Gold Torrent Inc. Gold Torrent is an OTC Bulletin Board listed company, established in 2013, led by individuals with extensive experience in public company management, mining and financial sectors. Daniel Kunz, President of Gold Torrent, is a senior mining executive with more than 35 years in mine development and operations including 17 years with Morrison Knudsen Mining and as President and COO Ivanhoe Mines Ltd. with his career emphasis on mine development.
The Gold Torrent/Miranda Gold project is the Willow Creek Project in Alaska. Gold Torrent plans to develop a small scale-underground mine operation and to bring the currently known mineralization into production, funded by the US$10 million contribution. After adequate access has been developed underground, expansion and exploration drilling will be conducted both during construction and during commercial production. This drilling is expected to expand the known mineralization well beyond the current levels.
Recorded gold production from the Willow Creek District was 667,000 ounces at 1.2 oz Au/t (41.1 g Au/t). Miranda and Gold Torrent believe that potential exists to define additional mineralization similar to historic discoveries with systematic mine and district exploration.