Golden Hope Appoints Michael T. Zurowski to Its Board of Directors
20 September 2010 - 2:30PM
Marketwired
Golden Hope Mines Limited (TSX VENTURE: GNH)(PINK SHEETS: GOLHF) is
pleased to announce the appointment of Michael T. Zurowski to its
Board of Directors.
Mr. Michael T. Zurowski, P.Eng., is the Executive Vice President
of Baffinland Iron Mines Corporation (TSX: BIM), a company which he
co-founded. He has been directly responsible for the detailed
evaluation (metallurgy, marketing) of the Mary River iron ore
deposits. This has given him an excellent perspective on the iron
and steel markets with emphasis on the Atlantic Basin.
Immediately prior to joining Baffinland, he was president of the
private company, an independent industry consultant and an
associate at Watts Griffis and McOuat where he was the project
manager for the Comprehensive Mineral Development Strategy for the
Ministry of Petroleum and Mineral Resources for the Kingdom of
Saudi Arabia. Watts Giffis and McOuat is Canada's longest running
independent firm of Geological and Mining Consultants.
He has more than twenty-five years of experience in the
management and evaluation of advanced projects including fifteen
years with the Rio Tinto Group, initially based in Canada, then in
Africa and Europe with shorter stints in other parts of the world.
This role led him to evaluate the potential of the Baffinland Mary
River Iron Deposits in the early 1990's as part of a comprehensive
evaluation of iron ore deposits in North America.
Prior to Rio Tinto, Michael was Senior Geologist at Kennecott
Canada Inc. where his responsibilities included co-ordinating
commodity studies targeting advanced acquisition opportunities,
generation and evaluation of new business opportunities, including
technical, financial and environmental analysis of target companies
and projects, and successful negotiations of joint venture and
option agreements.
He is a Professional Engineer having graduated from the
University of Toronto with a B.A.Sc in Geological Engineering.
"We are extremely pleased with the appointment of Michael
Zurowski to our Board of Directors. His background and experience
are an excellent compliment to the rest of the Board. We have been
searching for a person with both a technical and practical
background for some time now and Michael is an excellent example of
that. He will most certainly play a key role in our efforts to
advance our Gold deposit in South Eastern Quebec" states Frank
Candido, President, Golden Hope Mines Limited.
The Board has granted incentive stock options to Mr. Zurowski to
purchase 300,000 common shares of Golden Hope at a price of $0.81
per share for a period of three years ending September 20,
2013.
About Golden Hope Mines Limited:
Golden Hope is a mineral exploration company that seeks to grow
shareholder value through the acquisition, exploration and
development of potentially large-scale gold and base metal projects
suitable for underground and/or open-pit mining. The company's
focus is in Quebec, Canada. The Bellechasse gold project in Quebec
includes the Timmins 1, Timmins 2 and Ascot gold zones, the new FSG
volcanic environment targets and a number of recently claimed ultra
basic/serpentine bodies. For further information on Golden Hope
Mines Limited please visit www.goldenhopemines.com.
Forward-Looking Information:
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address future
production, reserve potential, exploration drilling, exploitation
activities and events or developments that the company expects are
forward-looking statements. Although the company believes the
expectations expressed in such statements are based on reasonable
assumptions, such statements are not guarantees of future
performance and actual results or developments may differ
materially from those in the statements. Various factors could
cause actual results to differ materially from those in
forward-looking statements. These include market prices,
exploitation and exploration successes, continued availability of
capital and financing, and general economic, market or business
conditions. Investors are cautioned that any such statements are
not guarantees of future performance and actual results or
developments may differ materially from those projected in the
forward-looking statements. For more information on the company,
investors should review Golden Hope's registered filings at
www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Golden Hope Mines Limited Frank Candido President,
Director 514-750-8218 416-864-0175 (FAX)
fcandido@goldenhopemines.com or info@goldenhopemines.com
www.goldenhopemines.com Paradox Public Relations Corporate
Communications 1-866-460-0408
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