Company to Joint Venture for Development/Production Funds on $55 Million Precious Metal Recover
Tombstone, AZ, Feb. 27, 2018 (GLOBE NEWSWIRE) -- - Mansfield-Martin Exploration Mining, Inc. (OTC PINK: MCPI) announced today the appointment of William B. Zipf, Jr. as a director and President of its Environmental Reclamation and Recovery, Inc. subsidiary, effective immediately. Mr. Zipf will also join Mansfield-Martin’s board effective March 1, 2018. Among other responsibilities, Mr. Zipf will manage ERR’s strategic planning, with an emphasis on commercial application of developing remediation technologies for tailings, mine waste and ground water.
Mr. Zipf is a principal of WBZ Energy LLC, a Delaware-based Energy Conservation Consultant in the Engineering, Accounting, Research and Management Services sector. He has over twenty years of experience in the energy industry, including natural gas transportation, coal, carbon credits, power generation and oil refining, with a background in private equity, clean coal and biomass technology and operation of a FERC-regulated gas pipeline. Mr. Zipf maintains a Professional Engineer’s license in mechanical engineering (MN) and is certified as a Financial Risk Manager by GARP. He holds a B.S. in Civil Engineering from Texas A & M University and an MBA from The University of Minnesota.
Mansfield-Martin anticipates expansion of ERR’s business beyond remediation work on its properties during 2018, and that, as a stand-alone service provider, it may be in shareholders’ best interests to spin-off its operations at some point. Industry sources estimate the North American market for remediation technologies will grow from nearly $33.3 billion in 2017 to $38.0 billion in 2022, and that the global market will grow to over $82.6 billion during this same period.
About Mansfield-Martin Exploration Mining, Inc.
Mansfield-Martin Exploration Mining, Inc. is principally engaged in a variety of mining activities on owned and claimed property in Arizona’s Tombstone Mining District and in Idaho, both in historically prolific silver and gold production areas. Mansfield-Martin is an SEC-Reporting company, and has approximately 359 million shares issued and outstanding and over 2000 shareholders. Additional information can be found at www.mansfieldmartin.com or in its SEC filings at https://www.sec.gov/cgi-bin/browse-edgar?company=Mansfield-martin&owner=exclude&action=getcompany.
Safe Harbor Statement
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, trends, analysis, and other information contained in this press release including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," and other similar expressions of opinion, constitute forward-looking statements. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
Contact: Corporate Services Mansfield-Martin Exploration Mining, Inc. Information@mansfieldmartin.com 1137 Highway 80 East P.O. Box 1218 Tombstone, Arizona 85638
Source:Mansfield-Martin Exploration Mining, Inc.