Minco Silver Welcomes Wayne Spilsbury to the Board of Directors
06 Marzo 2009 - 3:19PM
Marketwired
Minco Silver Corporation (the "Company" or "Minco Silver") (TSX:
MSV) is pleased to announce the appointment of Mr. Wayne Spilsbury
to the Board of Directors and Audit Committee, subject to
regulatory approval. Mr. Spilsbury received his B.Sc. (Honors
Geology) in 1973 from the University of British Columbia and his
M.Sc. (Applied Geology) in 1982 from Queens University in Ontario.
He brings over 35 years experience in mining, including 28 years
with Teck Cominco Limited and is their former General Manager,
Exploration - Asia Pacific. He has worked throughout Western
Canada, the United States, Asia, and Australia. Mr. Spilsbury is a
Member of the Association of Professional Engineers and
Geoscientists of British Columbia and a Fellow of Australasian
Institute of Mining and Metallurgy.
The Company also wishes to announce that Mr. Kenneth McNaughton
has stepped down from the board of directors due to his busy
schedule. The Company thanks him for his valuable contributions and
wishes him and his family well.
The Company reports that on March 4, 2009 Sterling Mining
Company ("Sterling") filed in the US Bankruptcy Court District of
Idaho a chapter 11 bankruptcy petition and that Minco Silver is
working closely with counsel to Sterling and the Trustee in
Bankruptcy to expeditiously resolve all of the outstanding issues
surrounding the Lease to the Sunshine Mine.
About Minco Silver
Minco Silver Corporation (TSX: MSV) is a TSX listed company
focusing on the acquisition and development of silver dominant
projects. The Company owns 90% interest in the world class Fuwan
Silver Deposit, situated along the northeast margin of the highly
prospective Fuwan Silver Belt.
ON BEHALF OF THE BOARD
Dr. Ken Z. Cai, Chairman & CEO
Certain terms or statements made that are not historical facts,
such as anticipated advancement of mineral properties or programs,
productions, sales of assets, exploration plans or results, costs,
prices, performance are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
and involve a number of risks and uncertainties that could cause
actual results to differ materially from those projected,
anticipated, expected or implied. These risks and uncertainties
include, but are not limited to; metals price volatility,
volatility of metals production, project development risks and
ability to raise financing. The Company undertakes no obligation
and has no intention of updating forward-looking statements.
The Toronto Stock Exchange does not accept responsibility for
the accuracy of this news release.
Contacts: Minco Silver Corporation Ute Koessler 1-888-288-8288
or (604) 688-8002 Email: ir@mincosilver.ca Website:
www.mincosilver.ca
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