DGAP-News: Former Diamond Fields President joins Hard Creek Board
(firmenpresse) - DGAP-News: Hard Creek Nickel Corp. / Key word(s): Change of
Personnel/Miscellaneous
Former Diamond Fields President joins Hard Creek Board
13.05.2011 / 05:21
---------------------------------------------------------------------
May 11, 2011
TSX: HNC
Frankfurt Exchange: WKN: AOB6ST
Former Diamond Fields President joins Hard Creek Board
(VANCOUVER) - Mark Jarvis, President of Hard Creek Nickel Corp. (TSX - HNC)
announced today that Cliff S. Carson has consented to serve on the Board of
the Company as an Independent Director.
Mr. Carson was President and Director of Diamond Fields Resources Inc. from
May 1995 until July 1996, when Diamond Fields was acquired by Inco in a
$4.6 billion transaction. Prior to that Mr. Carson was Senior Vice
President, Marketing and Sales at Falconbridge Ltd., a member of the
Advisory Board for Nikkelverk Nickel Refinery at Kristiansand, Norway and
Chairman of the Nickel Development Institute.
'We are extremely pleased with Mr. Carson's decision to join our Board,'
said Mr. Jarvis. 'He brings a wealth of relevant experience to the table.
Mr. Carson has a comprehensive knowledge of nickel marketing and smelter
terms, an excellent appreciation of the strategic options available in
developing a large scale nickel project, and a proven track record of
unlocking shareholder value.'
'Hard Creek has a very exciting nickel project at Turnagain,' said Mr.
Carson. 'The high grade concentrate product and long mine life make this a
highly desirable project. I look forward to working with the Company's top
notch management team to release the value of this company for
shareholders.'
About Hard Creek Nickel:
Hard Creek Nickel owns 100% of the Turnagain project, located in north
central British Columbia. The property consists of 65 contiguous mineral
claims covering an area of approximately 33,200 hectares. A Preliminary
Assessment by Wardrop models production of 35,000 t.p.a. of nickel metal
over a mine life of 24.4 years with a cash cost, net of byproduct credits,
of U.S. $3.30 per pound of nickel. Due to recent metallurgical
developments, the Preliminary Assessment is being updated to reflect a
standard mine flowsheet producing a high grade concentrate for sale to
smelters.
Options Set:
The Company announces that, pursuant to its Stock Option Plan, 897,000
options will be granted to a director and a member of the Advisory Board
with a strike price of $0.42 and a term of five years, subject to TSX
approval.
The Preliminary Assessment referred to in this news release includes the
use of inferred resources that are considered too speculative geologically
to have economic considerations applied to them that would enable them to
be categorized as mineral reserves. The noted assessment results are
preliminary in nature and there is no assurance the mining scenarios
outlined would ever be realized.
This document contains 'forward looking statements' which are subject to
risks, both known and unknown, which may affect the outcome of such forward
looking statements.
Technical aspects of this document have been reviewed and approved by Neil
Froc, P.Eng., a Qualified Person consistent with NI 43-101.
On behalf of the Board of Directors,
'Mark Jarvis'
MARK JARVIS, President
HARD CREEK NICKEL CORPORATION
The TSX does not accept responsibility for the accuracy or adequacy of this
news release.
1060 - 1090 W. Georgia St., Vancouver, BC, Canada V6E 3V7 T:
604-681-2300 F: 604-681-2310
E: info(at)hardcreek.com W: www.hardcreeknickel.com
End of Corporate News
---------------------------------------------------------------------
13.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
124516 13.05.2011
Datum: 13.05.2011 - 05:21 Uhr
Sprache: Deutsch
News-ID 34082
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 246 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Former Diamond Fields President joins Hard Creek Board"
steht unter der journalistisch-redaktionellen Verantwortung von
Hard Creek Nickel Corp. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
