Prodigy Gold Announces Appointment of VP-Exploration and Chief Consulting Engineer
14 Enero 2011 - 9:54AM
Marketwired
Prodigy Gold Incorporated (TSX VENTURE: PDG) is pleased to announce
that it has appointed Mr. Tom Pollock as Vice President of
Exploration and Dr. John A. Thomas as Chief Consulting Engineer.
Mr. Pollock will oversee all aspects of Prodigy Gold's exploration
program, including its properties in the Beardmore-Geraldton area,
its ongoing exploration and resource expansion program at the
Magino Mine project, and help source new opportunities to fuel
Prodigy Gold's growth and expansion. Dr. Thomas will oversee the
technical and engineering aspects of the company's Magino Mine
project, initially focusing on the recently announced plans for an
updated gold resource estimate and Preliminary Economic Assessment
of Magino. Mr. Brian J. Maher, President and CEO of Prodigy Gold
commented: "The addition of Tom and John to our technical staff
reflects the continued growth and evolution of Prodigy Gold from
pure explorer to an emerging gold producer with multiple mine
development and exploration projects. Tom's considerable experience
in the Archean gold environment matches our corporate exploration
focus and objectives, simultaneously providing the technical
oversight to insure our projects advance rapidly and bring value to
our shareholders. John has supervised the construction and
operation of multiple mining projects the world over; this
experience will be invaluable as Magino advances towards
production. The Board of Directors and I welcome both gentlemen to
the Prodigy team."
Mr. Pollock is a professional geoscientist registered with the
Association of Professional Engineers and Geoscientists of British
Columbia (APEGBC) and has more than 30 years mineral exploration
and management experience working in Canada, West Africa, South
America and China. Mr. Pollock received a Honours B.Sc. in Geology
from Queen's University in 1977 and his M.Sc.(A) in Mineral
Exploration from McGill University in 1980. After graduation, Mr.
Pollock joined Utah Mines (later absorbed by BHP Minerals) where he
worked for 20 years on numerous base and precious metal projects,
achieving ever increasing levels of management responsibility,
ending with the position of Country Manager, Exploration, China.
Over the following eight years, Mr. Pollock worked as a consultant
and then Vice President - Exploration for ValGold Resources. Most
recently, Mr. Pollock was a consultant and Project Manager for
Fission Energy Corp. immediately prior to joining Prodigy Gold. Mr.
Pollock has worked on a broad range of mineral deposit types
including orogenic gold in Canada, West Africa and the Guianan
Shield in Guyana and Venezuela, Carlin-type gold in southern China,
epithermal gold in British Columbia and unconformity related
uranium deposits in Canada. Mr. Pollock is a member of the Society
of Economic Geologists, Prospectors and Developers Association of
Canada and the Association for Mineral Exploration British
Columbia. As part of his compensation package, Prodigy Gold has
granted Mr. Pollock options to purchase up to 300,000 shares of
Prodigy Gold common shares at a price of $0.355 per share over a
period of five years.
Dr. John A. Thomas, President of JAT Metconsult Ltd., has 38
years experience in the base and precious metal mining industry.
Dr. Thomas' experience covers a wide range of activities in the
mining industry, from process development, management of
feasibility studies, engineering and management of mine
construction projects and mine operations in a variety of locales:
Brazil, Venezuela, Costa Rica, Kazakhstan, Russia, Canada and
Zambia. He is a graduate of the University of Manchester Institute
of Science and Technology where he received a B.Sc. (Hon) in
Chemical Engineering, as well as a M.Sc. and Ph.D. Dr. Thomas also
received a Diploma in Accounting and Finance from the U.K.
Association of Certified Accountants. He is a registered
professional engineer in the province of British Columbia.
About Prodigy Gold: Prodigy Gold Incorporated (TSX VENTURE: PDG)
was created by unifying the assets of two Canadian Junior
exploration companies: Kodiak Exploration Limited and Golden Goose
Resources Inc. Prodigy is currently evaluating the Magino Mine
project in Ontario as an open-pit mining opportunity with the
potential for deeper, higher grade gold production The company is
producing a new N.I. 43-101 compliant resource estimate for Magino
that will serve as the basis for a Preliminary Economic Analysis
(PEA), establishing the economic parameters of an open pit mining
operation. The PEA is expected to lead to a full feasibility study,
expected in 2012. Bringing the Magino Mine project through the
feasibility process and towards production, coupled with the
exploration potential of our Beardmore-Geraldton exploration
properties, are the catalysts to growing Prodigy Gold, building
substantial value for Prodigy shareholders: Today's Discovery,
Tomorrow's Future.
On behalf of the Board of Directors
Brian J. Maher, President and Chief Executive Officer
This release may contain forward-looking statements or
statements that relate to programs that involve a number of risks
and uncertainties. Actual events or results could differ materially
from the Company's expectations and projections.
Neither 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: Prodigy Gold Incorporated Brian J. Maher President and
Chief Executive Officer 1-604-688-9006 1-604-688-9029 (FAX)
ir@prodigygold.com www.prodigygold.com
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