Constitution Mining Appoints Team of Leading Gold Experts

Constitution Mining Appoints Team of Leading Gold Experts

ID: 6571

(Thomson Reuters ONE) - Constitution Mining Appoints Team of Leading Gold ExpertsLima, Peru - October 2, 2009 - Constitution Mining Corp. (CMIN) hasappointed Mr. Gary Artmont of Quito Ecuador, to serve as the newPresident and Chief Executive Officer of the Company replacing WillemFuchter. In addition, Steve McMullan has joined the Board ofDirectors and Dr. Richard Garnett has been named Senior TechnicalField Coordinator."As the exploration program on our Peru GoldSands project advances,it is imperative that our management team and field personnel are ofthe highest caliber. Today's announcement is an important stepforward for the Company. We are very pleased to have attracted theseimportant additions to our team which have proven their ability todevelop large scale alluvial deposits", stated Dr. Michael Stocker,Chairman of the Company.In the late 1990s, as Indonesian-based chief geologist forFreeport-McMoRan, Mr. Artmont was responsible for the management andcoordination of a large regional reconnaissance program and detailedproperty evaluation program from 1989-1995. During the late 1990'sthrough until 2007, Mr. Artmont evaluated acquisition opportunitiesin Eastern Europe, South America, Southeast Asia China and Mongolia.His work focused on a wide range of commodities including gold,copper, iron, coal and nickel. During his career, Mr. Artmont hasconducted over 150 site visits to producing mines located throughoutthe world. Mr. Artmont was a director of Pac Rim (PRL) from 2000 to2006 and Prosperity Resources (PSP-ASX) from 2006-2008. Mr. Artmontis not a director or officer of any other reporting company at thepresent time.In addition the Company has appointed Mr. Steve McMullan of Gaborone,Botswana as a Director. Mr. McMullan is an earth scientistspecializing in geophysics, and has been involved in exploration forminerals, groundwater, diamonds and engineering studies in Africa,Asia, South and North America for nearly 30 years. Since 2007, Mr.McMullan has served as Vice President of Exploration of EcometalsLimited, a Canadian public company listed on the Toronto VentureExchange. Mr. McMullan is responsible for all aspects of planning,execution, quality assurance, quality control and regulatorycompliance of exploration programs conducted by Ecometals Limited.Mr. McMullan is also a member of the Ecometals Disclosure Committeeand is responsible for all technical disclosures by the Company.From 2004 to 2007, Mr. McMullan served as Exploration Geophysicistand Project Manager for Jinshan Gold Mines Limited, a Canadian miningcompany operating in China, where his responsibilities includedregional project generation and evaluation, exploration projectmanagement, and mining experience including international standardESIA (environmental and social impact assessment), process waterresources estimation, sampling protocols and quality control formineral resource estimation and mining grade control, and managingthe environmental, health and safety programs.Mr. McMullan is a member of the Society of Exploration Geophysicists,South African Geophysical Association, Sociedad de Ingenieros delEcuador and is a Registered Professional Geoscientist with theAssociation of Professional Engineers and Geoscientists ofSaskatchewan, Canada. Mr. McMullan is a Qualified Person underCanadian NI43-101 regulations.Constitution Mining has also engaged the services of Dr. RichardGarnett of Oakville, Ontario as Senior Technical Field Coordinatorand consultant to the Company. Dr Garnett brings to Constitution 51years in exploration, production, senior management, and consultancyto alluvial and hard rock mining companies in numerous countries. Heis a specialist is exploration, resource delineation and evaluation,mining, and metallurgical recovery as relates to alluvial depositsincluding marine alluvials and mineral sands.Dr. Garnett is being enlisted to conduct a site visit to thecompany's alluvial gold sands property in northeast Peru. Theobjective is to inspect the primary sites of gold mineralization inthe concession areas to determine if potential exists at theselocations for a large dredgeable gold resource, to review and tocomment on the drilling, logging and sampling protocols currentlybeing employed. He will review the effectiveness of drilling andshaft sinking systems presently used by the company to test thealluvial gold mineralization and to provide an overview on therelative position of the gold mineralization as it relates to atypical large scale gold alluvial system. Constitution is seekingspecific recommendations for future exploration whether it isdrilling or reconnaissance style exploration as well as comments onthe effectiveness of using remote sensing in basin analysis and theapplication of geophysics for profile and stratigraphic basinanalysis.Some relevant highlights from Dr. Garnett's extensive career includethe positions of Chief Geologist, and later Mine Manager of theAssociated Mines Group of tin companies in Malaysia and Thailand.Manager and Director of ConZinc RioTinto Malaysia, Vice-President ofP.T. RioTinto Bethlehem Indonesia. Division Engineer in the MiningEconomics Department of Anglo American International, London,England. Division Manager, Base Metals Division, Anglo-AmericanCorporation of S.A., Johannesburg, South Africa, during which timeamong other major duties, reviewed, advised or directed internationalalluvial exploration and mining operations especially in New Zealand,Australia, Brazil, and southern Africa. Vice-President (Technical) ofHudson Bay Mining and Smelting, Canada. Technical and OperationsDirector of WestGold (Anglo American/Minorco's presence in theU.S.A.), with overall responsibility for marine alluvial gold(dredging) operations at Nome, AK., and the Yuba alluvial gold(dredging) operations in California, together with all alluvial goldexploration in North America.Dr. Garnett is a Member, (British) Institute of Mining andMetallurgy, the Canadian Institute of Mining, Metallurgy andPetroleum a Chartered Engineer (C.Eng.) in the European EconomicCommunity and is accepted as a Qualified Person for 43-101-compliantreporting and management (for all alluvial deposits).Mr. Gary Artmont added," We believe our experienced team can bringmuch needed additional expertise to assist with the development ofthe GoldSands Project. We look forward to maximizing the potential ofthis great opportunity".About Constitution Mining Corp.Our goal is to locate a commercially viable gold deposit andcontinuously increase the amount of gold underlying each of ouroutstanding shares. To build such value, we are focusing on therapidly developing Gold Sands region of Peru, where we have optioned382 square kilometers (147.5 square miles) of mining properties - thelargest such block in the district.The Gold Sands of Peru were laid down by eons of alluvial erosion.For millions of years, the waters of the Santiago and the Maranonrivers have been carving their way through the gold-rich mountaincanyons of the Andes, carrying off vast amounts of gold anddepositing much of the treasure in loose gravels and sands - GoldSands - below the Manseriche gorge in Northeastern Peru. There therivers reach a broad flood plain, slow to a crawl and release theircargo.Historical drilling and sampling data from more than 500 test holesin the "Discovery Area" located on Constitution Mining's propertiesindicates the presence of significant alluvial gold in the region. Wehave designed programs to confirm the accuracy of this historicaldata with the intent of capturing the profit potential of the area byapplying recently enhanced mining technologies that are especiallywell suited to low-density, near-surface deposits. These green-miningtechnologies are energy-efficient and environmentally friendly --features that support their profitable use.The implementation of these programs will require the company tosecure additional financing.For further details, please see today's current 8K filing.Further information about Constitution Mining Corp may be found atwww.ConstitutionMining.com.On behalf of the Board:Dr. Michael Stocker - ChairmanConstitution Mining Corp.Investor InquiriesToll Free: 888-475-0070Direct Dial: 646-755-3352Email: Info(at)ConstitutionMining.comDisclaimerThis release contains forward-looking statements that are based onthe beliefs of Constitution Mining Corp. management and reflectConstitution Mining Corp. current expectations as contemplated undersection 27A of the Securities Act of 1933, as amended, and Section21E of the Securities and Exchange Act of 1934, as amended. When usedin this release, the words "estimate, "project," "believe,""anticipate," "intend," "expect," "plan," "predict," "may," "should,""will," "can," the negative of these words, or such other variationsthereon, or comparable terminology, are all intended to identifyforward-looking statements. Such statements reflect the current viewsof Constitution Mining Corp. with respect to future events based oncurrently available information and are subject to numerousassumptions, risks and uncertainties, including, but not limited to,risks and uncertainties pertaining to development of miningproperties, changes in economic conditions and other risks,uncertainties and factors, which may cause the actual results,performance, or achievement expressed or implied by such forwardlooking statements to differ materially from the forward lookingstatements. The information contained in this press release ishistorical in nature, has not been updated, and is current only tothe date indicated in this press release. This information may nolonger be accurate and therefore you should not rely on theinformation contained in this press release. To the extent permittedby law, Constitution Mining Corp. and its employees, agents andconsultants exclude all liability for any loss or damage arising fromthe use of, or reliance on, any such information, whether or notcaused by any negligent act or omission.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Invitation to ASSA ABLOY Capital Markets Day on 24 November 2009 Invitation to ASSA ABLOY Capital Markets Day on 24 November 2009 -
with corrected registration link
Bereitgestellt von Benutzer: hugin
Datum: 05.10.2009 - 15:01 Uhr
Sprache: Deutsch
News-ID 6571
Anzahl Zeichen: 0

contact information:
Town:

London



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 204 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Constitution Mining Appoints Team of Leading Gold Experts"
steht unter der journalistisch-redaktionellen Verantwortung von

Constitution Mining (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von Constitution Mining



 

Werbung



Facebook

Sponsoren

foodir.org The food directory für Deutschland
Informationen für Feinsnacker finden Sie hier.

Firmenverzeichniss

Firmen die firmenpresse für ihre Pressearbeit erfolgreich nutzen
1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z