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Forty Pillars Appoints Strickland as VP of Exploration

VANCOUVER, British Columbia, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Forty Pillars Mining Corp. (the “Company” or “Forty Pillars”) (CSE:PLLR) announces that Derrick Strickland has been appointed as VP of Exploration, effective Nov 3, 2021.

Derrick Strickland, P. Geo, MBA, has over 35 years of involvement in all aspects of the exploration industry, actively working as a geological and corporate advisor. He is an experienced leader, founder, director, CEO, and Vice President to over 20 publicly traded companies. His work over the last three decades has been on six continents specializing in: remote locations; instituting quality assurance programs; provision of on the ground geological technical execution and know-how; and expertise for both private and publicly traded resource companies. He has extensive practice in the areas of corporate governance, current regulatory regimes, compliance, and disclosure matters (NI 43-101). Mr. Strickland’s international exposure encompasses a range of commodities including: base metals, gold, uranium, diamonds, potash and copper in numerous deposit types and settings, with an eye to other specialty minerals and unique opportunities. Mr. Strickland’s diverse experience makes him an asset in all geological and cultural settings. Mr. Strickland’s extensive network and industry engagement has seen him elected as a past director of both the Prospectors & Developers Association of Canada (PDAC) and the Association for Mineral Exploration B.C. (AME).

Nader Vatanchi, CEO and Director, stated: “We are excited to have Mr. Strickland on board with Forty Pillars and assisting with our projects moving forward. His experience compliments the technical skills our team has given his years in various aspects of the exploration industry and will bring great value to the company.”

About Forty Pillars

Forty Pillars Mining Corp. is a Vancouver, B.C. based mineral exploration company focused on exploring the Silver Dollar Project located in the Greenwood Mining Division, B.C.

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For more information, please contact:

Nader Vatanchi, CEO

778-881-4631

nadervatanchi@hotmail.com

Cautionary Note Regarding Forward-Looking Statements: Certain disclosure in this release may constitute "forward-looking information" within the meaning of Canadian securities legislation. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that the Company believes are reasonable. However, the forward-looking statements in this release, including without limitation, statements pertaining to the Company’s exploration programs, the Company’s mineral property development plans and the use of funds raised in the Private Placement, are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such uncertainties and risks include, without limitation, financing risks, delays in obtaining or inability to obtain required regulatory approvals, legislative, environmental and other judicial, regulatory, political or competitive developments, exploration and operational difficulties, the timing of future business expenditures, the potential of the Company’s mineral properties and changes in economic conditions or financial markets. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release.