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Telson Mining welcomes Ralph Shearing back at the steering wheel

Under Shearing as CEO, the Vancouver company transformed the Tahuehueto gold project from an early-stage explorer to a 1,000 tonne-per-day underground gold operation

Telson Mining Corporation -
The news comes as outgoing CEO Jose Antonio Berlanga stepped down to spend more time with family

Telson Mining Corporation (CVE:TSN) (OTCMKTS:SOHFF) announced Tuesday that Ralph Shearing is once again stepping into the role of CEO to lead the Mexico-focused mining company on an interim basis. 

Shearing’s appointment comes after outgoing CEO Jose Antonio Berlanga told shareholders that he is stepping down, citing personal reasons.  

Under Shearing’s direction, the Vancouver-based company transformed the Tahuehueto gold project from an early-stage exploration play to a 1,000 tonne-per-day underground gold operation.  

READ: Telson Mining Corp restarts mining operations at Campo Morado in Mexico

Shearing, who co-founded Telson, is a professional geologist with over 33 years of experience in senior management positions within Canadian public markets. 

Telson's Tahuehueto mining project, located in north-western Durango State, Mexico is currently under construction having advanced to nearly 70% completion. Its Campo Morado project is a polymetallic base metal mine with mining and milling equipment capable of producing up to 2,500 tonnes per day. 

The returning CEO boasts a long and successful career with Telson.  

"I am happy to once again accept the role as Telson's CEO on an interim basis as the company continues production at its Campo Morado base metal mine and works with its current lenders and future funders to arrange the final funding required to complete construction of its Tahuehueto gold mine where construction has advanced to an estimated 70% completion,” Shearing told shareholders in a statement. 

The company thanked Berlanga for his contributions and wished him well in his future business endeavours. 

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

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Price: 0.25 CAD

TSX-V:TSN
Market: TSX-V
Market Cap: $43.84 m
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on 22/6/20

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