Welcome!

News Feed Item

Reservoir Announces New Executive Appointments

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/27/14 -- Reservoir Minerals Inc. ("Reservoir" or the "Company") (TSX VENTURE: RMC)(PINKSHEETS: RVRLF)(BERLIN: 9RE) is pleased to advise that Mr. Tim Livesey has been appointed Chief operating Officer ("COO") and that Dr. Tim Fletcher has been appointed Vice President Exploration ("VP Exploration") effective immediately.

Tim Livesey, as COO, will be responsible for managing Reservoir's advanced projects including the Timok joint venture Project with our partner Freeport-McMoRan Exploration Corporation ("Freeport") and general operational activities. Tim is a geologist and has been involved in the international exploration and mining industry for over 25 years, working on a number of exploration and advanced stage projects through feasibility to development. Tim has a broad range of experience in management, advanced project development, community social responsibility, government relations and arbitration. Tim has worked on several world-class assets, including the feasibility and construction of the Nkomati nickel mine (South Africa); exploration, advanced scoping studies and the ultimate sale of 50% of the Kabanga nickel project (Tanzania) to Falconbridge; government relations at Jabal Sayid in the Kingdom of Saudi Arabia; and Tethyan Copper's Reko Diq copper-gold project in Pakistan. At Reko Diq his roles included management positions on the technical committee, as the Project Director for the scoping, pre-feasibility and feasibility studies, a 3-year tenure as the CEO, and most recently a member of the Board of Directors. Tim remains a Director at Tethyan Copper, and an advisor to Barrick's executive on the project. Tim has a Bachelor of Science degree from the University of Newcastle upon Tyne.

Dr. Tim Fletcher as VP Exploration will be responsible for managing Reservoir's portfolio of exploration projects throughout Europe and providing broad technical and management expertise to Reservoir's team. Tim has over 30 years of experience in international exploration with emphasis on exploration for porphyry and epithermal copper-gold deposits. Tim recently focused on the Tethyan Belt for Barrick Gold, and prior to that worked in South America with Magma Copper, Homestake Mining and Mount Isa Mines. Tim joined Reservoir in 2013 as a consultant. Tim has a Ph.D from Aberdeen University and is a Chartered Engineer through the Institute of Materials, Minerals and Mining.

Aleksandar Obrenovic, resigning from the position of VP Exploration, will be Country Manager, Serbia, and will focus on managing the Company's expanding activities in Serbia, including joint venture projects and an increased portfolio of exploration projects. Aleksandar has over 24 years experience in precious and base metals exploration. Aleksandar joined Reservoir Minerals at inception and was previously the principal geologist of Serbian subsidiaries of Reservoir Capital Corp. and Eurasian Minerals Inc. Prior to this Aleksandar spent 12 years working at the Serbian National Geological Institute "Geoinstitut" Beograd, participating in several international and Serbia in-country mineral exploration projects and scientific studies. He holds a graduate engineer of economic geology degree from the faculty of Mining and Geology, University of Belgrade.

Dr. Simon Ingram, President and CEO of Reservoir Minerals Inc. commented: "Over the last few years Reservoir has built a talented discovery and development team, which is supported by industry leading consultants and advisors. We are pleased to have attracted two very capable and experienced individuals to our team, and we look forward to developing Reservoir's existing high quality projects and to continued exploration success in our early stage projects."

Reservoir Exploration teams

Reservoir have exploration teams operating in Serbia, Macedonia, Romania, and Africa (Cameroon and Gabon), which continually evaluate and generate new projects for development though partnership structures. The Timok project is a notable success for Reservoir and for the project generator business model. The Reservoir discovery team is instrumental in the Company's success, and further information about the exploration team can be viewed at the following link: Exploration Team.

The Timok Project:

The Company's most notable discovery to date is the Cukaru Peki copper-gold deposit in Serbia, which is part of the Timok Project. The Company announced an initial resource estimate (65.3 million tonnes at an average grade of 2.6% copper and 1.5 grams per tonne gold) for the Cukaru Peki copper-gold deposit in the Brestovac-Metovnica Exploration Permit in News Release, January 27, 2014, and provided an update on exploration for copper-gold mineralisation in the Leskovo and Jasikovo-Durlan Potok Exploration Permits in News Release, June 4, 2014. The Timok Project is a joint venture with Freeport-McMoRan Exploration Corporation ("Freeport") on three exploration permits (Brestovac-Metovnica, Leskovo and Jasikovo-Durlan Potok) in the Timok Magmatic Complex that cover a combined area of 245 square kilometres. Maps showing the location of the exploration permit perimeters and the Cukaru Peki copper-gold deposit are presented on the Company website (www.reservoirminerals.com).

Qualified Person:

Dr. Duncan Large, Chartered Engineer (UK) and Eur. Geol., a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators and a consultant to the Company, has approved the technical disclosure in this release and verified the data disclosed.

About the Company:

Reservoir Minerals Inc. is an international mineral exploration and development company run by a experienced technical and management team, with a portfolio of precious and base metal exploration properties in Europe and Africa. The Company operates an exploration partnership business model to leverage its expertise through to discovery.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...