SASKATOON, SASKATCHEWAN -- (Marketwire) -- 03/20/13 -- GESPEG COPPER INC. (TSX VENTURE: GCR) (the "Company" or "GESPEG") is pleased to announce the members of its newly formed advisory board: Mr. Robert (Bob) Wares P.Geo. Founder, former President, and former Vice-President Exploration and Resource Development of Osisko Mining; Mr. Marc Blais, COO of Sunset Cove Mining; and Mr. Ronald Shorr, CFA, MBA, former Chief Executive Officer of Maudore Minerals Ltd. The advisory board will operate in a fully advisory capacity, and will act independently from the Board of Directors and management, in order to provide valuable counsel on the development of the Company's projects and business strategy.
Mr. Robert P. Wares, P.Geo. identified the Canadian Malartic gold deposit as a potential bulk tonnage mine in 2004. His work resulted in the initial acquisition of the project, and his leadership in exploration led to the discovery of over 13 million ounces of gold in the Abitibi region. His participation on the advisory board will be of great value in terms of prospecting and property development, since he has worked with several mining and exploration companies in the Gaspe region, as well as having focused a regional report on the geology of the Gaspe Peninsula for the Quebec Natural resource ministry.
Mr. Blais brings an abundance of knowledge and expertise as a professional accountant (CPA, CGA), an experienced negotiator in the area of optioning new mining projects, and his large perspective having worked in diverse mining regions for 20 years. Mr. Blais has a proven record in exploration, property evaluation, negotiation, and development, private and public financings and investor relations. He is presently active as COO of Sunset Cove Mining and Chairman of the Audit Comittee and Director of Wesdome.
Mr. Ronald Shorr, CFA, MBA, was Chief Executive Officer and President of Maudore Minerals Ltd. from August, 2004 to July 2012. Mr. Shorr has been serving as a Mining Consultant based in New York since 1990. He has over 30 years of experience in the precious and base metals industry, having developed an extensive network of financial contacts in both the American and European markets. Most of his career was spent as a mining analyst on Wall Street for firms such as Dean Witter, Bear Stearns, and a division of the National Westminster Bank. He has degrees from the University of Michigan and Harvard Business School and attended the Columbia University School of Mines.
Sylvain Laberge President and CEO explains, "I am greatly enthused to have these seasoned individuals join our advisory board. I feel that, in addition to our solid Board of Directors and executive team, Gespeg has the leadership necessary to make of itself a success."
About Gespeg Copper
Gespeg Copper is an exploration company with a focus on copper, especially in a grossly underexplored region "Gaspe, Quebec". With a dedicated management team, the Company's goal is to create shareholder wealth through the discovery of new deposits.
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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