Monterey Minerals (CSE: MREY) this morning announced that it has mobilized its exploration field crew for its flagship Alicia high-grade gold project located within the Philippines. In connection with the mobilization, the company also announced the appointment of Max Tuesley as Country Manager for the project.
The previously announced exploration program to be conducted this year involves drilling along a strike length of 11 kilometres to a depth of 300 metres. The primary focus of this years campaign is understanding the larger mineralization system that exists on the property, including finding the source of the veins that are present at surface to test the premise that the veins merge at depth.
The company will also be looking to define down-dip continuity as well as the consistency of zone widths and grade at depth. The field work conducted this year will then be utilized as groundwork for a JORC or NI 43-101 maiden resources.
Tuesley is to oversee the exploration activities that occur at the project, while bringing his twenty five years of experience to the project. Prior to Monterey, Tuesley has spent time in all stages of mine operations, from grassroots and advanced mineral exploration to mine production, with experience in operating gold, copper and base metals projects. Furthermore, he has experience working within similar jurisdictions, having held senior management roles over the last nine years for B2Gold Corp (TSX: BTO) and Metals Exploration Plc within the country.
Tuesley is currently a member of the Australian Institute of Mining and Metallurgy, holding an Honour’s degree in Economic Geology from James Cook University in Australia.
Monterey Minerals last traded at $0.075 on the CSE.
FULL DISCLOSURE: Monterey Minerals is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Monterey Minerals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.