WestMountain Gold, Inc. Announces Directorate Appointments
June 27, 2016 at 03:21 pm EDT
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On June 24, 2016, the sole director of WestMountain Gold, Inc. appointed Richard Bloom and Brian Klemsz to serve as directors of the company until the next election of directors, filling existing vacancies in the company's Board of Directors. Bloom and Klemsz have not been assigned to serve on any committees of the Board of Directors, nor have any arrangements been made to compensate either for his service on the Company's Board of Directors. Mr. Bloom currently serves as a Director of NexCore Group, LLC. Mr. Klemsz has been the Chief Investment Officer for Bohemian Companies, LLC since March 2007. Mr. Klemsz has been Treasurer and sole Director for WestMountain company since January 2008. He is also currently the President, Treasurer, and sole Director of WestMountain Distressed Debt, Inc. and WestMountain Alternative Energy, Inc. which are public companies, and neither of which are affiliated with WestMountain Gold despite similar names.
WestMountain Gold, Inc. is an exploration stage mining company. The Company, through its wholly owned subsidiary, Terra Gold Corporation (TGC), is focused on exploration at a gold system project in the state of Alaska (the TMC Project). The TMC Project consists of approximately 339 Alaska state mining claims plus an additional five unpatented lode mining claims held under the lease covering approximately 86 square miles (55,040 acres). The property is centered on a five-mile-long trend of gold vein occurrences. The property lies approximately 120 miles west-northwest of Anchorage and is accessible via helicopter or fixed-wing aircraft. The property has an aircraft runway, haul roads, a mill facility and adjoining camp infrastructure, a tailings pond and other infrastructure. The remote camp is powered by diesel-powered generators and water is supplied to the mill by spring-fed sources and a water well.