Geoinformatics Announces Resignation of a Director
31 Diciembre 2007 - 2:21PM
Marketwired
TORONTO, ONTARIO ("Geoinformatics" or the "Company") announced
today that George R. Ireland has advised the Company that he is
resigning as a director effective December 31, 2007, due to growing
time commitments in his other principal business activities.
Mr. Ireland joined the Geoinformatics board of directors in
November 2005 and has provided invaluable advice and support
through a period in which Geoinformatics has undergone a remarkable
transformation to become a focused North American minerals
exploration company with a growing portfolio of significant
projects.
The board and management of Geoinformatics expressed its thanks
to Mr. Ireland for his past service and counsel to the Company.
About Geoinformatics
Geoinformatics is a global exploration company which has
developed a unique and innovative approach to minerals exploration.
Geoinformatics is developing the Whistler Project in Alaska which
consists of the Whistler and Main Zones, which have been
interpreted from extensive drilling as a large gold-copper porphyry
system, and a significant number of regional exploration targets.
In addition, the Company is actively exploring several advanced
projects located in British Columbia, Utah, the Battle Mountain
Trend region of Nevada, and the State of Sinaloa, Mexico. Fourteen
Company-owned properties in the State of Sonora, Mexico, fall under
a joint venture in which Azure Minerals Limited (ASX: AZS) is
earning a 51% interest by spending US$4 million. Geoinformatics
also has an extensive portfolio of other direct and indirect
property interests, joint ventures, and royalties covering a wide
range of minerals in Mexico, Australia and New Zealand and North
America.
This news release includes certain forward-looking statements
concerning the future performance of our business, its operations
and its financial performance and condition, as well as
management's objectives, strategies, beliefs and intentions.
Forward-looking statements are frequently identified by such words
as "may", "will", "plan", "expect", "anticipate", "estimate",
"intend" and similar words referring to future events and results.
Forward-looking statements are based on the current opinions and
expectations of management. All forward-looking information is
inherently uncertain and subject to a variety of assumptions, risks
and uncertainties, including the speculative nature of mineral
exploration and development, fluctuating commodity prices,
competitive risks and the availability of financing, as described
in more detail in our current Annual Information Form and other
recent securities filings available at www.sedar.com. Actual events
or results may differ materially from those projected in the
forward looking-statements and we caution against placing undue
reliance thereon. We assume no obligation to revise or update these
forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Geoinformatics Exploration Inc. Mr. Kevin L. Snook
Chairman (416) 861-1300 x226 Email: kevins@geoinformex.com
Geoinformatics Exploration Inc. Ms. Petra Decher President and
Chief Financial Officer (416) 861-1300 x225 Email:
petrad@geoinformex.com Geoinformatics Exploration Inc. 330 Bay
Street, Suite 1109 Toronto, Ontario M5H 2S8 Website:
www.geoinformex.com
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