Eduardo Luna Appointed to Creston's Advisory Board
18 Januar 2011 - 2:00PM
Marketwired
Creston Moly Corp. ("Creston" or the "Company") (TSX VENTURE: CMS)
is pleased to announce the appointment of Eduardo Luna to its
Advisory Board, effective immediately.
"We are extremely pleased to have Mr. Luna join our Advisory
Board," said Bruce McLeod, President & CEO of Creston. "His
wealth of experience in developing mineral assets in Mexico will be
an invaluable asset to the Company as we move the El Creston
molybdenum project towards production."
Mr. Luna is currently Executive Vice President and President,
Mexico for Primero Mining Corp. Mr. Luna was Chairman of Silver
Wheaton from October 2004 to May 2009 (and was Interim Chief
Executive Officer from October 2004 to April 2006), Executive Vice
President of Wheaton River from June 2002 to April 2005, Executive
Vice President of Goldcorp from March 2005 to September 2007 and
President of Luismin, S.A. de C.V. from 1991 to 2007. He holds a
degree in Advanced Management from Harvard University, an MBA from
Instituto Tecnologico de Estudios Superiores de Monterrey and a
Bachelor of Science in Mining Engineering from Universidad de
Guanajuato. He has held various executive positions with Minera
Autlan for seven years and with Industrias Penoles for five years.
He is the former President of both the Mexican Mining Chamber and
the Silver Institute. In addition, he serves as Chairman of the
Advisory Board of the Faculty of Mines at the University of
Guanajuato and of the Mineral Resources Council in Mexico.
On Behalf of the Board of Directors
CRESTON MOLY CORP.
D. Bruce McLeod, President & CEO
Forward-Looking Statements
This document may contain "forward-looking statements" within
the meaning of Canadian securities legislation and the United
States Private Securities Litigation Reform Act of 1995. These
forward-looking statements are made as of the date of this document
and Creston does not intend, and does not assume any obligation, to
update these forward-looking statements.
Forward-looking statements relate to future events or future
performance and reflect Creston management's expectations or
beliefs regarding future events and include, but are not limited
to, statements with respect to the estimation of mineral reserves
and resources, the realization of mineral reserve estimates, the
timing and amount of estimated future production, costs of
production, capital expenditures, success of mining operations,
environmental risks, unanticipated reclamation expenses, title
disputes or claims and limitations on insurance coverage. In
certain cases, forward-looking statements can be identified by the
use of words such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or statements that certain
actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved" or the negative of these
terms or comparable terminology. By their very nature
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Creston to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statements. Such factors include,
among others, risks related to actual results of current
exploration activities; changes in project parameters as plans
continue to be refined; future prices of resources; possible
variations in ore reserves, grade or recovery rates; accidents,
labour disputes and other risks of the mining industry; delays in
obtaining governmental approvals or financing or in the completion
of development or construction activities; as well as those factors
detailed from time to time in Creston's interim and annual
financial statements and management's discussion and analysis of
those statements, all of which are filed and available for review
on SEDAR at www.sedar.com. Although Creston has attempted to
identify important factors that could cause actual actions, events
or results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such
statements.
Accordingly, readers should not place undue reliance on
forward-looking statements.
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: Creston Moly Corp. Mr. Bruce McLeod President &
CEO 604-687-7545 (TEL) or (888) 338-2200 (TOLL FREE) Creston Moly
Corp. Chris Curran Investor Relations 604-687-7545 (TEL) or (888)
338-2200 (TOLL FREE) 604-689-5041 (FAX) Creston Moly Corp. Ken
MacDonald 604-694-0005 (TEL) www.crestonmoly.com
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