PHOENIX, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“Northern Sphere Mining Corp.” or the “Company”) is based out of Toronto, focusing on gold, silver, and other metal production in pro-mining jurisdictions. The CEO, John Carter, talks with Stock Day’s Everett Jolly about what’s on the horizon for his company.
Jolly started the interview by asking Carter to explain a bit about his company, as this was his first time on the podcast.
“We are a very tightly held company,” explained Carter. “We only have 33 million shares outstanding. We have three great properties that are designed to be very localized.”
Carter when on to explain a bit about their properties in Arizona, Nevada, and Ontario. He says all of the properties have had past production and are in a great location with infrastructure already in place.
“We’ve got all of the infrastructure to develop these properties. The market is tough right now, but we are going to move it forward and take advantage of exploration potential and blend that with small production.”
He says that plan will enable the company’s shareholders to benefit from the fact that they will not be “diluting their stock price.” Jolly then noted that Northern Sphere Mining Corp. is expected to start generating revenue and bring up 100 tons of silver a day from the Arizona project.
“We can go and start mining in the fourth quarter, that’s what we expect to do,” explained Carter. “We have a crew of fully trained miners they have all of the permits. We can go in and start production. We have even done a trial run. We have 500 ounces of silver, we poured 500 ounces of silver into bars. I have them right here in my office.”
Carter says that moving forward they are focused on small scale production and exploration.
To hear more about this project from Northern Sphere Mining Corp. and listen to the entire podcast, go here: https://upticknewswire.com/featured-interview-ceo-john-carter-of-northern-sphere-mining-corp-otcpink-nsmcf/
About Northern Sphere Mining Corp.
Northern Sphere Mining Corp. is dedicated to growth through the acquisition and development of mining assets, with an emphasis on near term production opportunities. Headquartered in Toronto, Ontario, Northern Sphere Mining has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.
For more information: http://www.northernsphere.com/northern-sphere-mining/
About John Carter
Mr. Carter has over 40 years of experience in the metals and mining industries. Mr. Carter specializes in the engineering, design, and manufacturing of mineral processing equipment for mining operations. He has been involved in the design and manufacture of over 200 mineral processing plants globally in 40 countries.
Mr. Carter is the Director for DNI Metals and brings significant value because of his extensive knowledge.
Contact:
John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843
jcarter@northernsphere.com
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company’s most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
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