Kestrel Gold Names Veteran Geologist McBean, Grants 1M Options at $0.065

KGCKGC

Kestrel Gold Inc. has appointed professional geologist Duncan McBean as a Director and granted him 1,000,000 options at an exercise price of $0.065 per share, expiring on September 15, 2030. McBean brings 35 years of experience in orogenic gold, kimberlite diamond and lithium exploration to Kestrel’s Canadian Cordillera projects.

1. Kestrel Gold Appoints New Director and Grants Share Options

Kestrel Gold Inc. has strengthened its board with the appointment of Duncan McBean, a Professional Geologist boasting 35 years of experience across discovery, feasibility and production stages of mining exploration. Mr. McBean’s expertise spans orogenic gold deposits, diamondiferous kimberlite exploration and lithium projects, aligning with Kestrel’s Canadian Cordillera focus. Concurrently, the company granted him options on 1,000,000 common shares, exercisable over the next four and a half years, reinforcing its commitment to incentivize long-term value creation. These strategic moves come as Kestrel advances its 100%-owned QCM and KSD properties—both subject to modest NSR royalties—positioning the company for sustained growth in high-potential gold belts.

Sources

ND