Toronto, Ontario--(Newsfile Corp. - March 26, 2014) - Shield Gold Inc., operating as
Great Lakes Graphite (TSXV: SHG) ("Shield" or the "Company") is pleased to
announce that Paul Hynek has joined Great Lakes Graphite's Management Team as
Director of Technical Operations. Working from the Company's Toronto offices,
Paul will play a pivotal role in preparing the company for production.
Mr. Hynek brings over 35 years of metallurgical and graphite
research experience to the Great Lakes Team. While working for Inco Limited for
more than three decades he was involved in the development of base metal
extractive metallurgical processes, fundamental research on thermodynamic
properties of various metal-sulfur systems and new product development.
Paul helped establish and managed a state-of-the-art materials
characterization laboratory at Inco for the development and physical
characterization of materials primarily based on nickel and graphite for use in
various industries. During this time, he co-authored three patents and developed
image analysis software for studying the performance characteristics of
rechargeable batteries.
Recently, Mr. Hynek has acted as an independent consultant for
Industrial Minerals companies. In these roles, Mr. Hynek investigated methods of
optimizing the crushing and grinding of ore and extraction of graphite to
maintain a high level of purity where possible while preserving flake size, as
well as writing much of the technical content for a number of company websites.
He has studied techniques for the production of exfoliated graphite. Paul's list
of graphite related contacts in both industry and academia is extensive.
CEO Paul Gorman said "We are revving up activities on several
tracks in order to achieve the shortest possible timeline to production. This
includes everything from resource estimation and metallurgical studies to
customer sampling programs and production planning. Running these activities in
parallel will position us to hit our 2017 production target. Having
professionals with the depth of experience that Paul Hynek brings to the table
is how we mitigate our risk and maximize our probability of success."
About Great Lakes Graphite: Shield Gold Inc., operating
as Great Lakes Graphite, is an industrial minerals company with the mandate to
bring graphite projects to production through the acquisition and development of
high quality graphite flake properties. Graphite has moved to the forefront of
the Industrial Mineral World as a Critical Mineral required for industrial use
and as a major component in the development of new technologies. With the
advancement of battery storage, mobile battery systems and alternative energy
infrastructure, it is estimated that 20 new graphite flake mines will be
required to keep up with demand by the year 2020.
As there are currently no graphite mines producing in North
America, Great Lakes Graphite has the ability to become one of the first
producers to supply a growing regional customer base that requires high-quality
flake graphite, where pricing and demand continue to rise.
The Company, through strategic acquisitions and capable
management intends to become a leader in the industrial minerals marketplace.
The Company's graphite properties are located in the Buckingham and Lochaber Townships of southwestern Québec. The
Company has also entered into option and joint-venture agreements with Eloro
Resources Inc. on the Summit-Gaber property located in the La Grande Greenstone
Belt in the James Bay region of Québec. Further information regarding Great
Lakes can be found on the Company's website at:
www.GreatLakesGraphite.com.
Shield trades with symbol SHG on the TSX Venture Exchange and
currently has 42,504,819 shares outstanding (61,638,982 fully diluted).
For more information on Great Lakes Graphite, please
contact:
Paul A. Gorman, CEO
Great Lakes Graphite
Tel.: 416-768-6101
Email: PGorman@GreatLakesGraphite.com
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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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