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NRG Metals Inc
Symbol NGZ
Shares Issued 41,135,385
Close 2016-09-21 C$ 0.11
Market Cap C$ 4,524,892
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NRG Metals appoints three to subsidiary board

2016-10-11 10:47 ET - News Release

Mr. Adrian Hobkirk reports

NRG METALS ANNOUNCES ARGENTINE MANAGEMENT TEAM

NRG Metals Inc. has provided the core management team for its wholly owned Argentine subsidiary, NRG Metals Argentina SA. NRG Metals recently announced that it has signed letters of intent to acquire two lithium exploration properties located within the Lithium Triangle in Catamarca province, Argentina. Other properties are currently under negotiation.

President and chief executive officer Adrian Hobkirk commented: "We are very pleased to attract this highly experienced and successful team to NRG Metals Inc. They have extensive expertise spanning exploration, development and production, and I look forward to our future success with this outstanding team."

James K. Duff, executive director

Mr. Duff has over 40 years of diverse experience in international mining. He has been actively engaged in Argentina since the 1980s when he was the chief geologist at St. Joe Mineral's Aguilar mine in Jujuy province. More recently, Mr. Duff was the chief operating officer of Minera Andes (now McEwen Mining), which owns 49 per cent of the San Jose gold-silver mine in Santa Cruz, Argentina, and 100 per cent of the Los Azules porphyry copper deposit in San Juan, Argentina. Before that, he was president of South American operations for Coeur Mining, where he was responsible for Coeur's mining operations in Argentina, Chile and Bolivia. Mr. Duff has also worked for Bond International Gold, St Joe Minerals, the Bunker Hill Company, Copper Range Corp. and Newmont Mining Company. He holds BS and MS degrees in geology from the University of Idaho and the University of Nevada, respectively, and he completed the program for management development at the Harvard School of Business. He is a certified professional geologist and qualified person according to Canadian NI 43-101 standards, and he has co-authored numerous NI 43-101 technical reports for mining projects in Argentina.

Jose Gustavo de Castro, non-executive director

Mr. de Castro is a chemical engineer with extensive experience in the evaluation and development of lithium projects. From 2010 to 2015 he was country manager for Orocobre Ltd., a major lithium producer, and he was responsible for the development of the $300-million (U.S.) Salar de Olaroz lithium project, located in the province of Jujuy, Argentina, which is currently in production. He has held senior positions at FMC Corp.'s lithium operation in the Hombre Muerto salar in Catamarca province, Argentina, which is South America's largest lithium operation, as well as management positions for Hochschild Mining, Anglo Gold Ashanti and Meridian Gold Inc. He holds an MBA from the Institute for Executive Development, Antofagasta, Chile, and an undergraduate degree from the University of Salta, Argentina.

Dr. Jose Luis Martin, manager of business development and corporate relations

Dr. Martin has over 35 years of experience in the mining industry, including exploration, development, operations and community and governmental relations. Dr. Martin was the Catamarca province representative for Galaxy Lithium SA from 2010 to 2013 where he participated in the development of the feasibility study for Galaxy's Sal De Vida project in the Salar de Hombre Muerto. Previously he was the general manager of the Aqua Rica porphyry copper project in Catamarca province for Rio Tinto during the feasibility study stage, and prior to that he worked as senior geologist in charge of project generation Argentina for Rio Tinto Mining and Exploration. From 1980 to 1993 he held various positions with St Joe Minerals, including chief geologist at the Aguilar lead-zinc-silver mine in Jujuy province. He holds a doctorate in geology from the University of Salta and an undergraduate degree in geology from the University of Cordoba, Argentina.

Jorge Vargas -- director NRG Metals Inc., Argentina SA.

Mr. Vargas has been a practising lawyer in Mendoza, Argentina, with the Vargas Galindez law firm since 2004. His practice has centred on property, mining and business law, and his clients have included numerous mining companies. He holds a law degree from the University of Mendoza, Argentina, a master's degree in business law from the University of Wales, Aberystwyth, an MBA from University of Wales, Aberystwyth, and he has completed the program for general management at the IAE Management and Business School of the Universidad Austral in Buenos Aires.

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