Red Moon Resources Inc. – Salt Expert Joins Advisory Committee of Parent Company Vulcan Minerals Inc.

News Release

 

September 27, 2017

Stock Symbol: TSX-V:RMK

 

Red Moon Resources Inc. – Salt Expert Joins Advisory Committee of Parent Company Vulcan Minerals Inc.

 

St. John’s, Newfoundland and Labrador: Red Moon Resources Inc. (“the Company” – “Red Moon” TSX-V:RMK), announces that its parent Company Vulcan Minerals Inc (TSX-V:VUL) has appointed Mr. Rowland Howe of Ontario, Canada to its Technical Advisory Committee.

Mr. Howe is a Chartered Engineer, a qualified mining engineer and mine manager with over 35 years of progressive leadership experience in mining operations. He started his career in the British coal industry and moved on to Imperial Chemical Industries at their Salt Mine in the UK. Rowland moved to Canada in 1995 to take on the role as Mine Manager at the Goderich Salt Mine in Ontario owned by a major player in the North American Salt industry. He oversaw the expansion of that mine from approximately 3.5 million tonnes per year to 7.5 million tonnes per year making it the world’s largest salt mine. Long associated with the Ontario mining industry he also served as a board member of the Ontario Mining Association. Rowland later worked in a strategic engineering role for his employer delivering key projects across the company’s divisions before retiring in November 2016. He has continued in the role of President of the Goderich Port Management Corporation while acting as an independent consultant offering strategic and leadership services. Rowland is known as a persuasive and energetic leader of people and an inspirational engineer.

Red Moon has access to the expertise of Vulcan’s Technical Advisory Committee which currently includes Mr. Bob Kelly an experienced mining professional and a former Vice President of Teck Resources Limited and Mr. Sean O’Brien a former Senior Geologist with the Geological Survey of Newfoundland and Labrador.

Patrick Laracy, President and CEO commented “We are very pleased to attract a seasoned mining engineer of Rowland’s experience. The fact that he has joined our team is a timely endorsement of the Captain Cook salt project in western Newfoundland. We need the type of skills that Rowland possesses as we advance this project through the feasibility stage and anticipate retaining his skills on a more engaging consultancy basis as we move this project towards production.”

Vulcan Minerals Inc. (TSX-V:VUL) owns approximately 67% of the common shares of Red Moon. Red Moon is an industrial minerals exploration and development company which is developing the Ace Gypsum deposit and Captain Cook salt deposit in Western Newfoundland and the Black Bay Nepheline project in southern Labrador. In 2016 Red Moon received from APEX Geoscience Ltd. a maiden mineral resource assessment report with respect to the salt deposit completed pursuant to National Instrument 43-101 requirements. The resource estimate concluded that using a 95.0% cut-off grade for sodium chloride, the Captain Cook Salt Resource Estimate is classified as “Inferred” and demonstrates that there is 908 million tonnes of high purity halite (96.9% salt) for 880 million in-situ tonnes of salt.

Please refer to www.redmoonpotash.com  for further information about the Company’s projects. Patrick J. Laracy, P. Geo, President, and Patrick Collins, P. Geo. are qualified persons responsible for the contents of this news release as defined in National Instrument 43-101.

We seek Safe Harbor.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations. Certain risk factors beyond the Company’s control may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or revise forward-looking information.

 

For information please contact:

Patrick J. Laracy, President

(709) 754-3186

info@redmoonpotash.com

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