Molycor Adds Magnesium Product Specialist to Advisory Committee
17 Januar 2012 - 12:00PM
Marketwired
Edward Lee, President of Molycor Gold Corp. (TSX
VENTURE:MOR)(PINKSHEETS:MLYFF)(FRANKFURT:M1V) ("Molycor" or the
"Company") is pleased to report the engagement of Rob Bailey to the
Technical Advisory Committee.
A Metallurgical Engineer with over 25 years of practical
international experience in the production and application of light
metal products, Mr. Bailey has a proven record of success. In
addition to his knowledge of process engineering, quality control,
management of magnesium operations and technical marketing, he has
held executive positions both domestically and internationally.
As President of B. S. Metallurgy, Inc., Mr. Bailey currently
provides operation assistance, problem resolution and technical
development advice to companies within the light metal processing
industry. He is also is a broker and technical sales representative
for aluminum metal castings and magnesium materials.
Among his accomplishments, he has numerous publications in the
light metals arena. An active member in numerous technical
societies, Mr. Bailey currently holds the position of Chairman of
the Magnesium Division in the American Foundry Society and is part
of the project team assisting the Michigan Technical University in
a DOE sponsored project in the development of new magnesium metal
casting techniques that will provide a foundation for expansion of
magnesium in potential new applications.
James Sever is quoted to say: "The addition of Rob completes our
team and greatly enhances our potential for success. With his
expertise we now have a fully integrated team that can effectively
take the project to a successful conclusion."
About Tami-Mosi Magnesium Project
The Tami-Mosi magnesium project poses the ability to exploit its
inferred magnesium resource for 30 years producing 30,000 tonnes
per year within the United States, where protective tariffs are in
place on imported magnesium metal. The economics are based on a NI
43-101 resource estimate analysis on the project, completed by
Wardrop Engineering (a Tetra Tech Company), which shows an inferred
resource of 412 million tonnes with an average grade of 12.3% for a
contained metal content of 111 billion pounds of magnesium using a
12% cut-off grade.
About Molycor Gold Corp.
Molycor is a diversified precious, speciality and base metal
exploration and development company focusing on magnesium,
molybdenum and gold exploration and development in North
America.
On Behalf of Management
Edward Lee, President
For all Molycor Gold Corp. investor relations needs, investors
are asked to visit the Molycor Gold Corp. website at
www.molycor.com.
This news release may contain certain "Forward-Looking
Statements" within the meaning of Section 21E of the United States
Securities Exchange Act of 1934, as amended. All statements, other
than statements of historical fact, included herein are
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the
Company's documents filed from time to time with the TSX-Venture
Exchange, the British Columbia Securities Commission and the US
Securities and Exchange Commission.
The TSX-Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Molycor Gold Corp. Edward Lee President 604-531-9639
604-531-9634 (FAX)info@molycor.com www.molycor.com
Western Magnesium (CE) (USOTC:MLYF)
Historical Stock Chart
Von Aug 2024 bis Sep 2024
Western Magnesium (CE) (USOTC:MLYF)
Historical Stock Chart
Von Sep 2023 bis Sep 2024