White Rock, B.C. / January 9, 2015 - New Carolin Gold Corp. (the "Company" or "New Carolin") (TSXV: LAD) is pleased to announce that Mr. Bob Singh P.Geo has been engaged as a consultant and will manage future exploration and development at the Company’s Ladner Creek Gold Project. Mr. Ken Holmes LLB has taken an active role in the day to day operations of the Company and accepted the role of Corporate Secretary.
Mr. Bob Singh received his B.Sc. in Economic Geology at the University of British Columbia in 1991 and has worked in the mineral exploration industry for over 24 years. He is a registered Professional Geologist who provides exploration services to mining companies, primarily in North America, and is an active field geologist. Bob has considerable experience working in British Columbian sedimentary based geology and the mineralization environment of the Ladner Gold project in particular. Bob will also act as the Company’s Qualified Person for the purposes of NI 43-101. In addition to his work as an exploration geologist Bob has developed and implemented new computer technologies for recording geological data and has a unique set of skills required to interpret and model a wide range of geological exploration data. He recently completed a 3D geological model of the existing resources at the Idaho (Carolin Mine) and McMaster Zones, the highlights of which will be posted on the Company’s website in the coming weeks.
As of January 1, 2015, Mr. Kenneth Holmes LLB, a director of the Company since March 31, 2014, has joined the management team and taken an active role in the day to day operations of the Company and will serve as Corporate Secretary. Mr. Holmes has over twenty five years of experience acting for or managing publicly traded companies, most often in the mineral exploration sector.
The Company also announces that Mr. Tim Mikula has joined the Company as Corporate Development Manager. Mr. Mikula spent the past 8 years with Red Star Gold Corp. in the same capacity and been active in this area of the public markets for the past 18 years.
In support of new management and technical advisors joining the Company 850,000 stock options are being granted, including 200,000 being granted to a director of the Company. All such options will have an exercise price of $0.05 per share with a five year term, subject to regulatory approval.
About New Carolin
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The Project is a short drive from Vancouver, British Columbia in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Robert L. Thast"
President & Chief Executive Officer
Web site: www.newcarolingold.com
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