Mr. Cameron MacDonald reports
AURWEST ANNOUNCES APPOINTMENT OF TECHNICAL ADVISOR AND STOCK OPTION GRANT
Aurwest Resources Corp. has appointed Dr. Irvine R. Annesley, PhD, PGeo, as senior exploration adviser to advance the company's Canadian uranium assets.
"I am pleased to welcome Dr. Annesley to Aurwest as senior exploration adviser," commented Cameron MacDonald, interim president and chief executive officer. "His extensive experience in the uranium industry, both in Canada and internationally, together with his deep knowledge of the Athabasca basin -- including the Wollaston-Mudjatik trend in which our Porter Lake property is located -- will directly support our exploration and development work ahead."
Dr. Annesley (PhD, PGeo) is current adjunct professor (2003 to present) in geological sciences at the University of Saskatchewan (Saskatoon, Canada) and former professor (emeritus: 2022 to present) in economic (mining and mineral exploration) geology at Ecole Nationale Superieure de Geologie (ENSG, Nancy, France).
He has over 40 years of geological mapping, global exploration activities, applied research and academic teaching experience in uranium, gold and base metals, including 23 years as adjunct professor at the University of Saskatchewan, 6.5 years as full professor teaching at the ENSG -- Universite de Lorraine, 1.5 years as vice-president of exploration at Appia REU Corp., 5.5 years as director of exploration with JNR Resources Inc., and 19 years as a senior research geoscientist and manager with the Saskatchewan Research Council (SRC).
His research has focused mainly on the unconformity-type uranium deposits in the Athabasca basin (Saskatchewan) and worldwide, as well as global uranium-thorium-REE (rare earth element) deposits (Fraser Lakes, Karpinka Lake and Alces Lake in Saskatchewan). This research work has helped develop innovative geophysical/geochemical exploration tools for making new economic discoveries. Additionally, Dr. Annesley's early research at SRC documented and characterized the ductile-brittle framework and spatial association of the eastern Athabasca uranium deposits with major deep-seated reactivated shear/fault zones and coinciding domain boundaries (the Wollaston-Mudjatik boundary/transition zone, which the Porter Lake property lies close to). In 2015, Dr. Annesley was co-awarded the Barlow Medal by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), in recognition of best geological paper. Dr. Annesley received his PhD degree in geology at the University of Ottawa (1990) and is a registered professional geologist in Saskatchewan (APEGS).
Dr. Annesley has been engaged as senior exploration adviser to the company pursuant to a written advisory services agreement, effective Sept. 22, 2026.
Stock option grant
The board of directors of the company has approved the grant of an aggregate of 700,000 stock options pursuant to the company's stock option plan to certain directors, officers and consultants of the company, subject to the acceptance of the Canadian Securities Exchange. Each option entitles the holder thereof to acquire one common share of the company at an exercise price of 20 cents per common share for a period of five years from the date of grant. The options were granted under, and are subject to, the terms and conditions of the stock option plan and are subject to a statutory four-month hold period in accordance with applicable securities laws.
About Aurwest Resources Corp.
Aurwest is a Canadian-based junior resource company focused on the acquisition, exploration and development of uranium and gold properties in Canada.
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