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CANSEE visited the world's largest mining and exploration conference PDAC in Toronto

Managing Director of CANSEE, Ms. Mirjana Dončić Beaton, along with four CANSEE Board of Directors: Justin van der Toorn, Director, Avala Resources, Christopher MacIntyre, Vice President Corporate Development, Reservoir Minerals Inc., Teo Dechev, CEO and President of Mundoro Capital Inc., Mike Maric, Director and Owner Tulcos Tech & Die., and the representative of the Canadian Embassy in Belgrade, Mrs. Đurđa Ćeramilac, Trade Commissioner at the Embassy of Canada in Belgrade, attended the Prospectors and Developers Association of Canada (PDAC) 2016 conference, in Toronto, from 4 to 9 March.  

The Prospectors & Developers Association of Canada (PDAC) represents the interests of the Canadian mineral exploration and development industry. The association was established in 1932 in response to a proposed government regulation that threatened the livelihood of Ontario prospectors. A timeline along with a written history about the association is available. Today, 84 years after its founding, the association is a national organization with more than 7,000 individual members (including prospectors, developers, geoscientists, consultants, mining executives, and students, as well as those involved in the drilling, financial, investment, legal and other support fields) and more than 1,000 corporate members (including senior, mid-size and junior mining companies and organizations providing services to the mineral industry).

CANSEE representatives visited company booths of: Reservoir Minerals, Mundoro, Dundee Precious Metals, ALS, MEDGOLD at PDAC 2016. Companies Reservoir Minerals and Mundoro are CANSEE founders and members.

MEDGOLD is a new Canadian company that has just entered Serbian market, targeting gold mineralization in Central and South Serbia. CANSEE had a successful meeting with MEDGOLD representatives, Dan James, President, Mario Szotlender, Director, Fortuna Silver Mines Inc. and Ralph Rushton, VP of Corp Development & Director, Focus Ventures Ltd. MEDGOLD is a European-focused TSX-V listed exploration and development company targeting gold properties in northwest Iberia and the under-explored gold provinces of southern Europe.

CANSEE had an exceptional honor to attend, together with H.E. Mihailo Papazoglu, Serbian Ambassador to Canada, and with Ms. Đurđevka Ćeramilac, Trade Commissioner at the Embassy of Canada in Belgrade, , as well as over 800 guests from all over the world, the Awards Ceremony at PDAC 2016 on March 7, when one of the CANSEE founders, Canadian company, Reservoir Minerals received the most prestigious award in the field of mining and exploration - The Thayer Lindsley Award for their discovery of deposits of gold and copper in Serbia. Congratulations to award winner Reservoir Minerals on behalf of CANSEE Canadian-Serbian Business Association!

During this prestigious PDAC Conference, CANSEE founder MUNDORO signed a joined venture agreement with JOGMEC, Japan Oil, Gas and Metals National Corporation, for exploration of Serbian Timok projects - three of Mundoro’s exploration licenses: Dubrava, Padina and Zeleznik (the “Timok North Projects”) located within the Timok Magmatic Complex in northeastern Serbia. The prolonged down-turn in the capital markets for mineral explorers makes this strategic alliance with JOGMEC beneficial to Mundoro’s shareholders, by enabling Mundoro to advance the projects more rapidly while conserving their treasury for strategic acquisitions. Congratulations to MUNDORO on behalf of CANSEE Canadian-Serbian Business Association.

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