Vancouver, BC / TheNewswire / May 15, 2018 - Miramont Resources Corp. (CSE: MONT) (OTCQB: MRRMF) (FRA: 6MR) ("Miramont" or the "Company") is pleased to announce that its Environmental Impact Statement (known by the Spanish acronym as "DIA") for the Cerro Hermoso gold-copper project has been approved by the Ministry of Energy and Mines. The Company is now in the process of filing all required notices with the appropriate authorities to begin drilling. Miramont has contracted AK International Drilling to begin mobilizing all drilling equipment to the project area.
Miramont will complete an initial 5,000 meter drill program at Cerro Hermoso.
Bill Pincus, Miramont's President and CEO said, "Our team has worked diligently to develop the priority targets at Cerro Hermoso. With approval of the DIA and filing of related documents all that's left to do is drill. We have designed an extensive program at Cerro Hermoso and excitedly await the first results."
Cerro Hermoso is a diatreme hosted gold-copper prospect in southern Peru. Miramont geologists have defined three primary targets that will all be tested during the upcoming drill campaign. Targets include the gold-rich central breccia zone, the copper-gold stockwork zone and the polymetallic carbonate replacement zone. Further information can be found on the company's website (see News Release Jan 10, 2018).
National Instrument 43-101 Disclosure
The technical content of this news release has been reviewed and approved by Mr. William Pincus, CPG, President and CEO of Miramont and a Qualified Person as defined by National Instrument 43-101.
About Miramont Resources Corp.
Miramont is a Canadian based exploration company with a focus on acquiring and developing mineral prospects within world-class belts of South America. Miramont's key assets are located in southern Peru. The Cerro Hermoso property hosts a 1.4km diameter breccia pipe targeting gold - polymetallic mineralization, while the Lukkacha property is targeting porphyry copper mineralization.
On behalf of the Board of Directors,
MIRAMONT RESOURCES CORP.
William Pincus, President and CEO
For more information, please contact the Company at:
Telephone: (604) 398-4493
Facsimile: (604) 815-0770
This news release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
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