Mr. Rasool Mohammad reports
ARYA RESOURCES LTD. ANNOUNCES APPOINTMENT OF ROGER MARCH, P.GEO., TO BOARD OF DIRECTORS
Arya Resources Ltd. has appointed Roger March, PGeo, to its board of directors, subject to customary approvals, including approval of the board of directors, legal counsel, and applicable TSX Venture Exchange policies and requirements.
Mr. March is a highly accomplished professional geoscientist with more than 30 years of experience in mineral exploration, resource evaluation, feasibility studies and project development. He is currently employed by Foran Mining Corp., where he has spent 14 years to date in progressively senior technical and leadership roles within a public company environment.
Mr. March joined Foran Mining in 2011 as manager, advanced projects, where he was responsible for the advancement of the McIlvenna Bay deposit, including geological interpretations, exploration planning, budget management, program execution, technical team oversight and permitting. He was later promoted to vic-president, project exploration, and subsequently vice-president, exploration, continuing to focus on resource growth and the advancement of McIlvenna Bay through continued drilling, and the integration of geotechnical, metallurgical and engineering studies to support the completion of positive prefeasibility and feasibility studies for the deposit, leading to a formal construction decision in 2024 (under way).
Mr. March is currently serving as principal geoscientist at Foran Mining Corp., where he continues to provide senior technical leadership and acts as a qualified person for technical disclosure and regulatory reporting.
Prior to joining Foran Mining, Mr. March spent 11 years with Cumberland Resources Ltd. as a senior project geologist, where he played a key role in advancing the Meadowbank gold project in Nunavut through significant resource growth from 800,000 to over four million ounces of gold during his tenure and the completion of prefeasibility- and feasibility-level studies for the project. Gold mineralization at Meadowbank is hosted in iron formation-dominated geological settings, a style of mineralization that is technically comparable to iron formation-hosted systems such as Arya's Twin zone, making his experience directly relevant to the company's exploration strategy.
Cumberland Resources was subsequently acquired by Agnico Eagle Mines Ltd., with Meadowbank developed into a long-life, cornerstone gold asset, highlighting the quality of the geology and technical work completed during Mr. March's tenure.
Rasool Mohammad, chief executive officer of Arya Resources, commented: "Roger's ongoing 14-year tenure at Foran Mining, including his progression through senior technical and executive exploration roles and his current position as principal geoscientist, combined with his direct experience advancing iron formation-hosted deposits at Meadowbank, brings exceptional technical depth to our board. His experience through feasibility and into an eventual Agnico Eagle acquisition aligns strongly with Arya's exploration and growth objectives."
The company would like to announce granting of 155,000 stock options to certain directors and officers of the company. The stock options will be granted pursuant to the company's stock option plan with an exercise price equal to the closing market price of the company's common shares on the date of grant subject to applicable regulatory approvals and TSX Venture Exchange acceptance.
About Arya Resources Ltd.
Arya Resources is a Canadian mineral exploration company focused on the acquisition, exploration and development of precious and critical metal projects in Saskatchewan. The company is advancing its flagship Wedge Lake gold project and its Dunlop nickel-copper-cobalt project, both located in mining-friendly jurisdictions with excellent infrastructure.
As a Tier 2 issuer on the TSX Venture Exchange, Arya is committed to building shareholder value through discovery-driven exploration, disciplined execution and responsible development.
We seek Safe Harbor.
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