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Wednesday, December 01, 2010 10:18:45 PM
On November 22, 2010, Canyon Copper Corp. (the “Company”) entered into a loan agreement (the “Loan Agreement”) with Anthony Harvey, its Chief Executive Officer, Chairman and member of its Board of Directors, whereby Mr. Harvey loaned $75,000 (CDN) to the Company.
On October 7, 2010, Canyon Copper Corp. (the “Company”) entered into a loan agreement (the “Loan Agreement”) with Anthony Harvey, its Chief Executive Officer, Chairman and member of its Board of Directors, whereby Mr. Harvey loaned $50,000 (USD) to the Company.
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Mr. Harvey has been consulting to companies in the resource industry for over 40 years and has worked on numerous projects with capital costs exceeding $400 million. He has first hand experience with a wide range of technical, commercial, corporate and associated public company activities with considerable interface around the world with government agencies, financial institutions and the media. From 1959 to 1989 he worked for Wright Engineers Ltd. - Fluor Daniels in various management positions including, Senior Project Manager responsible for the design, construction and start-up of 14 mines world-wide on behalf of major mining corporations.
From 1988 until October 2000, he was a Founder, Director and Senior Executive of Azco Mining Inc., a resource company trading on the Toronto Stock Exchange and AMEX. Azco's principal mineral property was the Sanchez porphyry copper project located near Safford, Arizona. This project was developed through to the bankable feasibility stage and subsequently sold to Phelps Dodge Corporation for $40 million. Azco's second project, Piedras Verdas, in Sonora State, Mexico which was joint ventured with Phelps Dodge and was put into production by Frontera Copper Corporation at an initial rate of 70 million lbs. of copper per year.
Mr. Harvey is currently the President and Founder of ARH Management Limited, a management and consulting company to the resource industry. He was also a former Chairman and Director of Oremex Resources Inc., and Lake Shore Gold Corp., and a former Director of Cobre Del Mayo, a Mexican copper mining company formed in partnership with Phelps Dodge Corporation, and a Director of Terra Energy Corp.
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