Spey Resources Corp. Announces Addition of Jose Gustavo de Castro Alem to the Advisory Board
SPEY RESOURCES CORP. ANNOUNCES ADDITION OF JOSE GUSTAVO DE CASTRO
ALEM TO THE ADVISORY BOARD
Vancouver, British Columbia — November 2, 2022 — Spey Resources Corp. (CSE: SPEY)
(OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") is pleased to announce the addition of José
Gustavo de Castro Alem to the Company’s advisory board. José is a mining executive and
chemical engineer with deep knowledge and experience in international and Argentine mining
operations, and project and commercial management. José specializes in process engineering,
mining, resources management and operations work.
José has held important operations and executive positions in mining organizations in Argentina
and Chile, and was involved in the design, construction and start-up of the FMC Corporation (now
Livent Corp. (NYSE: LTHM)) facilities in the 1990´s, holding the position of Lithium Carbonate
and Ponds Superintendent. In 2009, José was the Argentine Country Manager for Orocobre
Ltd.(ASX:AKE), where he was responsible for the feasibility, design, construction and start-up of
their lithium brine project in the Lithium Triangle, Argentina.
José is a business savvy mining executive who has achieved continual sustainability through
focused strategic workflow, staffing and business practice. He is well-versed with various project
types, operations start -up, operations ramp- up and business profitability with focus on
sustainability. Similar to Phil Thomas, the Company’s CEO, he has extensive experience with
contractors, unions, communities and governmental authorities as well as the technical side of
the business. José has strong risk management and financial experience with proven results
achieved in South America.
Phil Thomas, CEO of the Company, commented, “José and I met in Argentina on my recent trip
and compared our experience and knowledge and realised the powerful tactical and strategic
contribution we can make. We are excited to have Jose on our team advising us. Combining my
20 plus years of geologi cal exploration to production experience in Argentina along with José’s
20 plus years makes for a strong team to move our Argentina projects forward.”
Nader Vatanchi, VP Corporate Finance of the Company, said, “one of José’s major achievements
was the oper ation of a $300 million lithium carbonate plant from definitive feasibility study to
complete commercial construction. He was also intimately involved in the acquisition and
readapting of the Borax Argentina S.A. Operations of Rio Tinto Plc, changing their business focus
and operation priorities. There is no doubt that José’s vast experience and knowledge in
production and plant construction in Argentina will be a huge value- add to Spey moving forward
and we are very excited to have him on our team.”
About Spey Resources Corp.
Spey Resources is a Canadian lithium focused mineral exploration company which holds two
option agreements to acquire 100% interest in the Candela II, Pocitos I and II lithium brine projects
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located in the Salta Province, Argentina. Spey also owns 100% of the mineral rights to 4 lithium
exploration projects located in the James Bay Region of Quebec, in proximity to a recent hard
rock lithium discovery. Spey also holds an option to acquire a 100% undivided interest in the
Silver Basin Project located in the Revelstoke Mining Division of British Columbia as well as an
option to acquire a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia.
For more information, please contact:
Nader Vatanchi
VP of Corporate Finance, Director
778-881-4631
Cautionary Note Regarding Forward-Looking Statements
This news release includes forward-looking statements that are subject to risks and uncertainties,
including with respect to the Company's business and plans . The Company provides forward-
looking statements for the purpose of conveying information about current expectations and plans
relating to the future and readers are cautioned that such statements may not be appropriate for
other purposes. By its nature, this information is subject to inherent risks and uncertainties that
may be general or specific and which give rise to the possibility that expectations, forecasts,
predictions, projections, or conclusions will not prove to be accurate, that assumptions may not
be correct, and that objectives, strategic goals and priorities will not be achieved. These risks and
uncertainties include but are not limited those identified and reported in the Company’s public
filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has
attempted to identify important factors that could cause actual actions, events, or results to differ
materially from those described in forward- looking information, t here may be other factors that
cause actions, events or results not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements. The Company disclaims any intention
or obligation to update or revise any forward-looking information, whether as a result of new
information, future events or otherwise unless required by law.
The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the
contents of this press release.