NEW YORK, Feb. 8, 2012 /PRNewswire/ -- Ruby Creek
Resources, Inc. (OTCBB: RBYC), a gold exploration and mining
company with operations in Tanzania, announces changes in management of
the Company.
Rob Slavik, a Director and former
CEO has resigned and will continue as a Director and consultant to
the Company. Rob will continue on the Company's behalf to
provide strategic advice and interfacing with the government of
Tanzania on the Company's
behalf.
Mr. Dan Bartley has been promoted
to CEO of Ruby Creek. Dan has over
25 years of operational and financial reporting experience. From
June, 2009 through March 2011, he
served as the Chief Financial Officer for Ultravolt Inc., a
manufacturer of high voltage electronic components. From
May 2006 through June 2009, he served as Chief Financial Officer
of Odyne Corporation, a development stage, publicly traded clean
energy company. Dan served as Vice President-Controller of Levitz
Home Furnishings, Inc., a $1.1
billion specialty retailer of home furnishings. From 1992
through May 2004, he served as
President of Bartley & Associates, Ltd., a financial consulting
firm that specialized in advising businesses on asset purchase
transactions, financial advisory services and financial reporting
systems. Dan received his B.S degree in accounting from
Long Island University and M.A. in
Theology from the Seminary of the Immaculate
Conception.
David Bukzin, the Chairman of
Ruby Creek's Board of Directors,
commented; "On behalf of the Board, management team and
shareholders I would like extend a hearty thank you to Rob Slavik for his vision and drive in building
Ruby Creek. We expect he will
continue to perform brilliantly for Ruby
Creek by focusing his energies toward furthering the
Company's goals in Tanzania."
Dan Bartley, CEO said; "I want to
thank Rob for leading the Company from a static shell company of
2 1/2 years ago to a thriving junior miner we are today.
He will continue to benefit the team in his new role as a
consultant.
Commenting on Ruby Creek's mining
operations, Dan stated; "Our management team is completely focused
on getting all of our mining equipment utilized to achieve our
production goal of processing ore at the rate of 200
tons/hour. We are presently in the test and commissioning
phase of our mining plan. A limited amount of gold bullion
has been poured to date. We are expecting to transition from
intermittent test mining on our mining license area to full-time
daily production over the next eight weeks. Our experienced
production team is quite confident that we will be able to achieve
successive weekly improvements in ore processing volumes. We
intend to issue periodic updates over coming months on our progress
towards achieving our production goal."
About Ruby Creek Resources, Inc.
Ruby Creek Resources, Inc. (www.rubycreekresources.com) is a
gold exploration and mining company. Ruby Creek operates in Tanzania through its subsidiaries,
Ruby Creek Gold (Tanzania) Limited and Ruby Creek Resources
(Tanzania) Limited.
Ruby Creek is the operator of the
Tanzania Gold Plateau Project, establishing operations and
infrastructure, along with the permitting process in support of the
full development and commencement of gold mining operations on the
project.
Forward-Looking Statements
This news release may include certain forward-looking
statements. All statements, other than statements of
historical fact, included in this release 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. This
notice expressly qualifies all forward-looking statements in this
release. The Company, through its management, makes
forward-looking public statements concerning its expected future
operations, performance and other developments. Such
forward-looking statements are necessary estimates reflecting the
Company's best judgment based upon current information and involve
a number of risks and uncertainties, and there can be no assurance
that other factors will not affect the accuracy of such
forward-looking statements. It is impossible to identify all
such factors, factors that could cause actual results to differ
materially from those estimated by the Company. They include,
but are not limited to, government regulation, managing and
maintaining growth, the effect of adverse publicity, litigation,
competition and other factors, which may be identified, from time
to time in the Company's public announcements.
On behalf of Ruby Creek Resources, Inc.
Dan Bartley
CEO
SOURCE Ruby Creek Resources, Inc.