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Crystal Peak Minerals Inc
Symbol CPM
Shares Issued 146,450,071
Close 2016-02-08 C$ 0.19
Market Cap C$ 27,825,513
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Crystal Peak names Pekeski as VP, project development

2016-02-09 08:40 ET - News Release

Mr. Lance D'Ambrosio reports

CRYSTAL PEAK MINERALS INC. ANNOUNCES THE APPOINTMENT OF DEAN PEKESKI AS VICE PRESIDENT OF PROJECT DEVELOPMENT

Dean Pekeski has joined the Crystal Peak Minerals Inc. team, assuming the role of vice-president of project development with responsibility for managing continuing development of Crystal Peak's premium specialty fertilizer project on the Sevier Playa project in southwestern Utah.

"Dean brings a wealth of potassium project development experience to our team," said Lance D'Ambrosio, Crystal Peak's chief executive officer. "His background in project management, organizational administration and mine development will be of great value to our shareholders and our team as we move toward the construction and operation phase of the Sevier Playa project."

Mr. Pekeski graduated from the University of Western Ontario with a degree in earth sciences and is a professional geologist with over 20 years experience in mineral exploration and project development. Working at Rio Tinto Exploration, Mr. Pekeski was an exploration geologist and project manager from 1996 to 2008. His accomplishments included exploring for base metal and diamond deposits across Canada, Southern Africa and India, leading the Rio Tinto exploration team that discovered and evaluated the diamondiferous Bunder kimberlites. Mr. Pekeski then joined Western Potash Corp. where, as the executive vice-president, he successfully managed the Milestone potash project in Saskatchewan from discovery, through prefeasibility and feasibility, environmental permitting approval, and project financing. Mr. Pekeski is a qualified person in the field of potash geology as defined by National Instrument 43-101 standards, and is also an active member of the Solution Mining Research Institute.

Rick Dye, Crystal Peak's vice-president, project development, for the past six years, will remain in charge of current fieldwork on the Sevier Playa project and will direct the completion of all continuing work as he and Mr. Pekeski co-operatively develop plans for efforts going forward.

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