About JDS Energy and Mining Inc (www.jdsmining.ca)
JDS is made up of a dynamic team of over 150 employees focused on delivering high quality engineering, construction, procurement and management solutions, both locally and internationally. JDS take projects from the early conceptual vision, right through every stage of planning and development, until they hand you the keys to a fully operational business. JDS offers extensive mining and mine management experience including infrastructure analysis, underground and surface project management, mine planning, production & general mine engineering, cost estimating and regulatory compliance.
About F.D.G. Mining Inc. (www.fdgmining.com)
FDG is a Canadian junior mining company engaged in the exploration and development of precious metal properties in Nicaragua. The Company is focused on advancing its core property, the past-producing 9,300 hectare Topacio Property. Topacio is located in a similar geological setting as B2Gold's La Libertad and El Limon mines, which are located to the northwest of Topacio. Topacio has a National Instrument 43-101 Inferred mineral resource estimate 1,491,634 tonnes (t) grading 5.71 grams per tonne (g/t) gold (Au) containing 273,742 ounces of Au (at 3.0 g/t Au cutoff) and 2,716,176 t grading 3.90 g/t Au containing 340,345 ounces of Au (at 1.5 g/t Au cut-off and a 2.0 metre minimum mining width). This resource was calculated by New Era Engineering Corporation, Randy Clarkson, P.Eng. Author. FDG trades on the TSX Venture Exchange under the symbol FDG.
On Behalf of the Board of Directors
Antonio Ponte, Chairman and Chief Executive Officer
This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions regarding, among other things, the intended use of proceeds from the Financing. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. The presence of gold deposits on nearby properties to the Company's property is not necessarily indicative of the gold mineralization on the Company's property. All of the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The technical disclosure in this news release have been approved by Terry L. Tucker, P.Geo., Director of the Company and a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
F.D.G. Mining Inc.
Chairman and Chief Executive Officer
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