About Broadway Gold Mining Ltd:
Broadway Gold Mining Ltd. (TSX-V: BRD, OTCQB: BDWYF) (“Broadway” or the “Company”) owns a 100% interest in the Madison Gold and Copper Mine (“Madison Mine”), subject to underlying royalties, located in the heart of a prolific gold belt in the Silver Star Mining District of southwestern Montana. The property covers 450 acres with extensive underground development and facilities. It is a gold-copper skarn deposit, which consists of six federal patented lode claims and 35 under-explored, unpatented mineral claims.
The Madison Mine also hosts the Broadway Gold Mine, where historic production from the 1880s to the 1950s yielded an estimated 450,000 tons averaging 0.32 ounces per ton (oz/t) gold from 6,000 feet of underground workings to a vertical depth of 750 feet.
Broadway believes the Madison Mine project presents an exciting opportunity as the area has never been fully exploited or explored. The Company has also identified a series of existing high-grade gold and copper zones that remain open for expansion.
Mr. Parnham brings a wealth of knowledge, experience and international contacts to Broadway and has over 30 years of experience in the mining and hydrocarbon industries. He has spent his career developing and founding several resource-focused companies, including but not limited to Temex Resources Corp., Forsys Metals Corp., Giyani Gold Corp. and Canoe Mining Ventures Corp. Mr. Parnham was also the founder and Chairman of UNX Energy Corp., a junior oil and gas company that was sold in 2011 to HRT Participações em Petróleo S.A. for CAD$730 million. Mr. Parnham currently serves as the Chairman of Nevada Zinc Corp. and Giyani Gold Corp. as well as holding directorships with Canoe Mining Ventures Corp. and Evolution Optiks, a private technology startup. He specializes in finding, exploring and securing undervalued assets at an early stage and applying the wealth of knowledge, experience and skills he has gained in his career to create and maximize shareholder value. To date, this includes over C$1.2 billion in shareholder value for companies in which he has been directly involved.
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