|
|
|---|
Thursday, June 25, 2009
Junior Gold: KOOTENAY STRENGTHENS BOARD OF DIRECTORS WITH FORMER PLACER DOME EXECUTIVE. KTN.v, HUI, XAU
Posted by andre at 9:44 AM
Another gold junior still under radar screens of investment crowd. With this addition to the board its story in Mexico is getting more credibility. Junior mining investment cycle here is all over again.June 25, 2009
KOOTENAY STRENGTHENS BOARD OF DIRECTORS WITH FORMER PLACER DOME EXECUTIVE
Hermosillo, Mexico - Kootenay Gold Inc. ("Kootenay") (TSX Venture: KTN) is pleased to announce Brian Groves has joined the board of directors. Brian has worked in the mining and exploration industries for more than 29 years. A graduate of The University of Sydney, Australia, Brian began his career in exploration as a geophysicist in Australia. He has been involved with junior, mid-tier and major companies such as AMAX Minerals, Noranda and Placer Dome where he served for 12 years rising to the position of Manager of Corporate Development, Canada. Currently, Brian serves as CEO of Skygold Ventures (TSX Venture: SKV) where he guides development of a multi-million ounce gold resource.Brian Groves commented, "Having just completed a visit to Kootenay's Promontorio Silver/Gold Project, I am pleased with the results of the systematic exploration completed to date and based on these results, the potential to develop a large silver/gold ore body in Mexico. The trenching, mapping and modeling now underway will provide excellent targets for the next round of drilling at Promontorio. I feel confident my network of contacts, combined with my technical and corporate development experience will complement the Kootenay team."Brian Groves brings an impressive range of knowledge and experience to the board of directors", said Jim McDonald, CEO of Kootenay. "His integrity and commitment to excellence are attributes we welcome as we advance Promontorio." Kootenay has also issued an aggregate total of 1,065,000 incentive stock options exercisable for a period of five years at a price of $.65 per share to directors, officers, consultants and employees of the company.ABOUT KOOTENAY Kootenay is an emerging exploration Company actively developing mineral projects in British Columbia, Canada and the Sierra Madre Region of Mexico. The Company's top priority remains the ongoing development of its 100% owned Promontorio Silver project, which encompasses the former producing Promontorio Silver Mine in Northwest Mexico. -30-"
Hermosillo, Mexico - Kootenay Gold Inc. ("Kootenay") (TSX Venture: KTN) is pleased to announce Brian Groves has joined the board of directors. Brian has worked in the mining and exploration industries for more than 29 years. A graduate of The University of Sydney, Australia, Brian began his career in exploration as a geophysicist in Australia. He has been involved with junior, mid-tier and major companies such as AMAX Minerals, Noranda and Placer Dome where he served for 12 years rising to the position of Manager of Corporate Development, Canada. Currently, Brian serves as CEO of Skygold Ventures (TSX Venture: SKV) where he guides development of a multi-million ounce gold resource.Brian Groves commented, "Having just completed a visit to Kootenay's Promontorio Silver/Gold Project, I am pleased with the results of the systematic exploration completed to date and based on these results, the potential to develop a large silver/gold ore body in Mexico. The trenching, mapping and modeling now underway will provide excellent targets for the next round of drilling at Promontorio. I feel confident my network of contacts, combined with my technical and corporate development experience will complement the Kootenay team."Brian Groves brings an impressive range of knowledge and experience to the board of directors", said Jim McDonald, CEO of Kootenay. "His integrity and commitment to excellence are attributes we welcome as we advance Promontorio." Kootenay has also issued an aggregate total of 1,065,000 incentive stock options exercisable for a period of five years at a price of $.65 per share to directors, officers, consultants and employees of the company.ABOUT KOOTENAY Kootenay is an emerging exploration Company actively developing mineral projects in British Columbia, Canada and the Sierra Madre Region of Mexico. The Company's top priority remains the ongoing development of its 100% owned Promontorio Silver project, which encompasses the former producing Promontorio Silver Mine in Northwest Mexico. -30-"
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment