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CSG: TSX-V
VANCOUVER, Dec. 9, 2013 /CNW/ - Cosigo Resources Ltd. (TSX-V: CSG) today
announced the appointment of Ms. Piedad Jacqueline Romero Granados as
an advisor to the Company. Ms. Romero has many years of executive
experience in Colombian industry and financial markets. She will assume
the role of Colombia Business Advisor to Cosigo management.
"Jacqueline Romero is a well-known businesswoman and a highly respected
entrepreneur. She is a strong proponent of responsible resource
development in Colombia. I am very glad that she has agreed to join the
Cosigo team." stated Dennis Milburn, President and CEO of Cosigo.
The Company further provided an update on this year's drill program on
the Machado project in southeastern Colombia. Samples from all 20 drill
holes have been submitted to the laboratory and assay work is currently
underway at ALS Chemex laboratories in North Vancouver, BC. The Company
will report on assay results as these become available.
In connection with today's appointment, pursuant to the terms and
conditions of the Company's stock option plan, Cosigo has granted stock
options for the purchase of up to 350,000 common shares in the capital
of the Company at a price of $0.50 for a three year period.
About Cosigo Resources:
Cosigo Resources Ltd. (TSX-V: CSG) is a Vancouver-based company with
mineral interests in properties in Brazil, Colombia and Canada. Cosigo
has assembled a strong team, well experienced in the exploration and
mining-finance industries. The Company's main focus is in the Taraira
Gold Belt, which straddles the border between northwestern Brazil and
southeastern Colombia. In Brazil, geological mapping has identified
more than 250 km2 of prospective geology and sampling has identified gold-bearing strata
over long strike-lengths in several locations. In southeastern
Colombia, assays are pending from an initial 20 hole drill program,
which was carried out in the summer of 2013. Cosigo's ongoing work in
the Taraira Gold Belt is the first modern exploration program in an
area known to have hosted more than 100 historic gold mining
operations.
On behalf of the Board of Directors
Cosigo Resources Ltd.
/s/ "Dennis Milburn"
President & CEO
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 of this news release.
SOURCE Cosigo Resources Ltd.
Barry Holmes, VP Corporate Development
Tel: +1-604-515-5970
Toll-free: 1-877-866-8688 (North America)
E-mail: bholmes@cosigo.com
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