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Newfoundland and Labrador

York Harbour Metals Appoints Durham as President & CEO, and Williams as Chairman

VANCOUVER, British Columbia – (Newsfile Corp. – October 25, 2022) – York Harbor Metals Inc. (TSXV: YORK) (OTC PINK: YORKF) (FWB: 5DE0) (the “Company”) is pleased to announce the appointment by Mr. Bruce Durham as President & CEO and Mr. Michael Williams as Chairman, effective immediately. Mr. Andrew Lee will remain as an active Managing Director of the Company.

Mr Andrew Lee stated: “It has been a privilege to work with the team that built York Harbor Metals. I am very grateful for this opportunity and look forward to continuing to work with Bruce and Michael. They have been instrumental in their roles as Executive Chairman and Advisor and as such we are pleased that they have agreed to accept senior positions within the Company as we prepare for the next few chapters. Bruce’s wealth of knowledge and experience in exploration and mineral development will undoubtedly add tremendous value to the Company. Michael Williams has been equally successful on the corporate and capital markets side – building relationships with investors and industry stakeholders on a global basis.”

Mr. Bruce Durham, President & CEO, and Mr. Michael Williams, Chairman jointly commented: “We look forward to strengthening York Harbor in our new positions. The York Harbor copper-zinc project in northwest Newfoundland is a special project where we both see potential growth beyond the limits of current mineralization and the possibility of future discoveries. Therefore, we commit to providing additional guidance to help move this project forward for the benefit of all stakeholders.”

About Mr. Bruce Durham

Mr. Durham (P.Geo.) is an experienced and successful individual with an extensive career that has focused on the resource sector for more than 40 years. He has been involved in a handful of exploration projects that have successfully turned into producing deposits. Discoveries in which he was closely involved include the co-discovery of the Bell Creek mine in Timmins, followed by a move to Hemlo where he was involved in the exploration and development of two of the three gold discoveries that became very significant gold producers . At Hemlo he was involved in early exploration drilling at the Corona project and was also the geologist on the discovery drill holes at the Golden Giant project which became Hemlo Gold Mines’ flagship project. From 1998 to 2007 he held various senior positions at Canadian Royalties Inc. including President and Vice President Exploration prior to sale and development by a Chinese company.

Most recently he was President and CEO of Nevada Zinc Corporation, Executive Chairman of Rockcliff Metals Corporation and COO of Norvista Capital Corporation. Mr. Durham is a Director of Minera Alamos Inc. and VP Exploration for BTU Metals Corp.

About Mr Michael Williams

Mr. Williams brings over 25 years of senior mining industry experience and is a welcome addition to the Company as Executive Chairman. His experience includes the structuring, administration, global capital raising and marketing of companies listed on the Toronto Stock Exchange.

Mr. Williams has held senior positions in several successful public companies including Underworld Resources Ltd., which was acquired by Kinross Gold Corp. for $138 million. was sold. He has built up an international banking and financing network that includes extensive contacts with both institutional and private investors. He has raised significant equity for and raised the profile of a number of advanced stage exploration and development projects.

Mr. Williams is the Founder and Executive Chairman of Aftermath Silver and currently serves as Director, President & CEO of Vendetta Mining Corp.

about the company

York Harbor Metals Inc. (TSXV: YORK) (OTC PINK: YORKF) (FWB: 5DE0) (formerly Phoenix Gold Resources and TSXV: PXA & OTCPK: PGRCF) is an exploration and development company focused on the copper-zinc York Harbor Project, a mineral property located 27 km from Corner Brook, Newfoundland and Labrador. The Company plans to continue drilling the 11 known mineralized zones and to test other new massive sulphide targets such as the No 4 Brook showing while making plans to access the 400 Level and Sea Level adits.

For more information about York Harbor Metals, please contact [email protected] Tel: +1-778-302-2257 or visit www.yorkharbourmetals.com for past press releases, media interviews and management editorials.

On behalf of the Board of Directors,

Andrew Lee
CEO, President and Director
Phone: 778-302-2257 | Email: [email protected]
Website: www.yorkharbourmetals.com
1518 – 800 Pender Street W, Vancouver, BC, Canada V6C 2V6

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.

Cautionary Statement Regarding Forward-Looking Information

This press release may contain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws. All information contained herein that is not historical in nature may constitute forward-looking information. The forward-looking statements contained herein include, but are not limited to, statements relating to the prospects for the development of the Company’s mineral properties and are necessarily based on a number of assumptions which, while believed by management to be reasonable, are inherent The business, market and economy involve risks, uncertainties and contingencies that could cause actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141807

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