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CEO Clips on Canadian version of CNBC "BNN"
CREE LAKE PROPERTY
Share Capitalization as of
Nov 5th, 2009
Outstanding Common shares: 75,534,913
Robin Ross, Chairman, CEO, is a twenty-year veteran in the financial services sector and a ten year veteran in merchant banking. His corporate finance activities have covered a wide range of industries including but not limited to technology and resources. Mr. Ross is also president of VanRoss Enterprises Inc., a private merchant bank which specializes in identifying, assessing, constructing, financing and overseeing equity investment opportunities in the resource sector. Mr. Ross has held management positions at major Canadian investment dealers for over 18 years. Mr. Ross has been a director of companies both public and private. Through his corporate finance and previous retail business activities he has extensive contacts on Bay St. and an in-depth knowledge of TSX policy. Mr. Ross with his family supports numerous charities including The Starlight Children’s Foundation of Canada, The Multiple Sclerosis Society of Canada, The Crohn’s and Colitis Foundation of Canada, The Leukemia Research Fund of Canada and the Dorothy Ley Hospice
Vicki Rosenthal, CFO has more than 30 years experience as a qualified accountant in both England and Canada. She has worked with medium sized, owner managed entrepreneurial businesses providing a full range of accounting, tax, estate and financial planning advice through her own accounting practice, in addition ,she has also provided consulting services to a number of large Canadian, publicly traded enterprises. Ms. Rosenthal has also been the chief financial officer of a number of corporations in a variety of industries including advertising, manufacturing, non-for-profit and service.
Dan T Gosselin, Director Mr. Gosselin has held senior global management positions with International and Domestic firms including CIBC World Markets, Merrill Lynch Canada and Blackmont Capital. He was a member of Midland Walwyn’s Executive Committee prior to the Merrill Lynch acquisition. Throughout his career, he has been exposed to all facets of the Financial Service Industry including Fixed Income & Equity Trading and Sales, Investment Banking, Wealth Management and Investment Management. At Blackmont Capital he was a senior member of the Wealth Management Group and was the Managing Director of the Public Venture Capital Group responsible for servicing the Junior Issuer market. Recently, he has been consulting with a Middle East based Investment Bank. Mr. Gosselin has a strong corporate strategic leadership background, a very good understanding of both the Public and Private markets and has an in-depth knowledge of the Retail and Institutional buy-side. Mr. Gosselin holds a Bachelor of Science degree from the State University of New York at Plattsburgh and also holds a Master of Business Administration (MBA) degree from McGill University. Outside roles of note include being a member of the 1980 Lake Placid Olympic Organizing Committee, a member of the IIROC (IDA) Capital Markets Committee and played US College Hockey
A.C.A. Howe, Director. Mr. Howe is a mining engineer who graduated with a B.Sc. from Imperial College, and an A.R.S.M. at the Royal School of Mines, London, England in 1949. He attended schools in England and Australia. He is a registered professional engineer of Ontario, Canada, and a Fellow of the Canadian and Australian Mining and Metallurgical Societies. He was the founder of A.C.A. Howe International Ltd., an international mining and exploration firm based in Toronto and with associates throughout the world. Over his lengthy career as a principal of A.C.A. Howe International, Mr. Howe has been involved in mining exploration and development as well as mine construction and operation in most parts of the world. Mr. Howe has served as an officer and director of several mining companies during his career.
Dr. David Humphrey, Director, brings both medical knowledge and business experience to the board of Mantis. He established Humphrey Group International, which consists of five separate corporations. Dr. Humphrey is a key pioneer in Business-to-Consumer electronic commerce having been a past member of the advisory board to the largest B-to-C e-commerce company in the field of health and beauty products in the United States. Dr. Humphrey is co-founder and president of International Leadership Development otherwise known as ILD Global. He is also a key advisor to the former Chairman of E-Alliance, a coalition of marketing companies representing over 300,000 independent business owners. In addition, Dr. Humphrey was appointed to membership of the President’s Council of World Vision, the largest private charity in the world.
John Leliever, Field Operations Manager, has over twenty years experience in resource exploration. He has coordinated several remote location projects in Northern Ontario demonstrating his ability to manage all facets of exploration. He previously owned and operated his own diamond drilling company.
Walter Hanych, Senior Consulting Geologist, has twenty seven years experience in the exploration industry with grass-roots projects and advanced mine feasibility projects including corporate structure and financing. He has worked in gold, base metal, nickel, diamond, PGE and industrial mineral exploration throughout Canada. He has held positions of Chief Geologist and Project Manager for various exploration companies. Currently he works as an independent consultant - contract geologist. Walter holds an Honours Bachelor of Science Degree from Laurentian University. His accreditation with the Association of Professional Geoscientists is pending.
Heres the Northern Miner Article... This is the bible of the Mining Industry
November 5, 2009
Cree Lake is a "fairy tale" for Mantis Minerals
Like the chief executives of many junior exploration companies these days, Robin Ross believes there's a huge disconnect between the amount of gold Mantis Mineral (MYN-C) has in the ground and its share price.
The Toronto-based company's flagship project -- Cree Lake -- has uncovered high-grade gold of up to 43.2 grams per tonne in a trenching program 150 metres northeast of the company's high-grade Flint Rock occurrence.
In the discovery hole at Flint Rock, drilling returned a weighted average result of 2.05 grams per tonne along a 15.5-metre cored interval in Hole CL09-6, including assays as high as 11.55 grams per tonne over 0.8 metres.
"It's almost like a fairy tale for us," Ross says.
That tale began in 2008 when Mantis stripped, mapped and sampled the Flint Rock gold occurrence on its Cree Lake property in Swayze township, 200 km northwest of Sudbury and 125 km southwest of Timmins.
Seventeen percent of the trench samples delivered gold values exceeding 34 grams per tonne with one sample yielding 1,300 grams per tonne.
The Cree Lake fault is associated with the Ridout deformation zone, a 130-km structure that hosts past producers such as Augen Gold's (GLD-V) Jerome mine, about 15 km to the east.
"The grades that we uncovered in our initial discovery hole at Cree Lake are not unlike those initially uncovered by West Timmins Mining (WTM-T, WTMNF-O) and Lake Shore Gold's (LSG-T)TRADING AT 4.09 PPS RIGHT NOW FYI Thunder Creek property, where their initial intercepts graded 0.82 grams per tonne over 25.6 metres," Ross says. "Our plan is to go up this winter and do a follow-up IP survey and drill through the winter and prove that this deposit is as big as we think it is."
In addition to Cree Lake, Mantis has two other gold projects. Its Orphan gold mine, a past producer, is about 350 km north of Cree Lake in the Geraldton-Beardmore district and it borders Kodiak Exploration's (KXL-V) trading at .60 PPS Golden Mile discovery to the west. Historically the Orphan mine averaged 25 grams gold per tonne and 14 grams silver. Mantis has completed a 1300-metre drill program (eight holes) that have probed the Orphan vein along a 250-metre strike length to a depth of 135 metres and found that it is open along strike and length in all directions.
About 2 km to the northeast of the Orphan mine and about 9 km east of Kodiak's Golden Mile discovery, is Mantis' Foisey project. In its drill program the company got up to 3.2 grams gold per tonne and on surface channel cut sampling and grab sampling returned grades as high as 28.8 grams. The deposit is open at depth and along strike. So far drilling has explored to a vertical depth of 75 metres along a 650-metre strike length.
With the gold price hovering around US$1,088.45 per oz., Ross believes Mantis Minerals is a good buy at 5.5¢ a share.
"Because the share price is so low, with the gold market as hot as it is, it's an opportunity for investors to leverage the bull gold market through an investment in Mantis," Ross says. [color=red]"We are under the radar screen [but] the fundamentals should take care of the share price."[/color]
Mantis has a 52-week trading range of 2¢-15¢ per share with 76 million shares outstanding.