| DAMARA GOLD CORP. (TSX-V:DMR) (“Damara” or the “Company”) is pleased to announce theappointment of Ronald L. Parratt as director of the Company. Ron has over 40 years of explorationexperience for precious metals including service with Santa Fe Pacific Gold Corp., Homestake Mining Company, AuEx Ventures Inc. and Renaissance Gold Inc. During his years of precious metals experience, Ron had direct involvement in the discovery of several large gold deposits, including Rabbit Creek (now Twin Creeks (>10 million ounces), Lone Tree (5 million ounces), Trenton Canyon (1 million ounces), Gold Hill (2 million ounces) and Long Canyon (>3 million ounces) gold mines in the Great Basin of Nevada. Ron is a graduate of Purdue University with degrees in geochemistry and economic geology. He is a Certified Professional Geologist with the American Institute of Professional Geologists, a Registered Geologist in California and a Professional Geologist in Wyoming. He is a Fellow of the Society of Economic Geologists and a past President of the American Exploration and Mining Association. Ron is a Distinguished Member of Society for Mining, Metallurgy and Exploration and President Elect of the society. He is also a member of the elite Casey Explorers’ League. Larry Nagy, CEO, commented: “We are very pleased to welcome Ron Parratt to the Company’s Board. Ron’s expertise in the mining industry will be a huge benefit to the Company and will strengthen the board’s skill sets moving forward”. The Company further announces the resignation of William Yeomans as director effective January 21, 2022. The Company wishes to thank Mr. Yeomans for his support and guidance during his tenure and wishes him well in his future endeavors. |
| Option Grant Effective today the Company has granted an aggregate 300,000 stock options (the “Options”) to directors of the Company. The Options are exercisable for a period of five years at a price of $0.08 per common share in accordance with the terms of the Company’s 10% rolling Stock Option Plan approved by shareholders on June 29, 2021. |
| About Damara Damara Gold Corp. is a TSX Venture listed Canadian public company with a Board of Directors seasoned in the mineral exploration industry with extensive and successful international experience with a focus on identifying and acquiring prospective and under-explored gold properties worldwide. |
| ON BEHALF OF THE BOARD OF DIRECTORS OF DAMARA “Larry Nagy” Larry Nagy, Chief Executive Officer For additional information visit Damara’s website at www.damaragoldcorp.com or contact: Damara Gold Corp. Larry Nagy Chief Executive Officer Or Terese Gieselman Chief Financial Officer Ph: (250-717-1840) |
