Lero Appoints Dr Alexander Yakubchuk as Consultant & Julian Woodcock as Chief Geologist
18 Gennaio 2008 - 6:57PM
Marketwired
LONDON, UNITED KINGDOM (TSX VENTURE: LER) is pleased to announce
that Dr Alexander Yakubchuk has been appointed as a Consultant to
the Company and Julian Woodcock as Chief Geologist.
Dr Alexander Yakubchuk - Consultant, 43
Dr Yakubchuk joined Lero in January 2008, bringing more than 14
years experience gained in Russia and the states of the FSU
including Kyrgyzstan and Kazakhstan. Most recently he held the
position of Exploration Manager for Europe and the CIS for Gold
Fields International Services Ltd. Dr Yakubchuk also held the
position of Chief Geologist for QGX Ltd in Mongolia and Branch
Manager for BHP Minerals International Exploration Inc. and
lectured as an Associate Professor at Lomonosov Moscow State
University for 5 years. He negotiated the exploration alliance with
Lero Gold Corp., the placement by Gold Fields into EMED Mining and
discovered the +3Moz Degdekan Gold Deposit, Magadan, Russia. Dr
Yakubchuk has previously consulted to companies such as
BHP-Billiton, Norlisk Nickel, Goldcorp, Rio Tinto, World Bank and
Inco. Incentive stock options (the "Options") to purchase up to 1
million shares, vesting immediately, were granted to Dr Yakubchuk
on January 18, 2008, subject to TSX-V regulations and approval. The
Options are exercisable for a term of 5 years at the price of
CAD$0.53 per share.
Julian Woodcock - Chief Geologist, 29
Julian is a graduate of Camborne School of Mines with over five
years exploration and resource geology experience within the CIS.
Experience includes modeling and resource definition as well as
drill programme and exploration planning. He recently held the
position of Production Geology Manager for Kinross Gold Corporation
at the Kupol Epithermal Gold Project within the Arctic Circle,
Russia.
President and CEO of Lero Gold, Mr. Nick Clarke commented:
"We are pleased to welcome Alexander and Julian to the Lero
team. With their extensive experience of central Asian geology and
impeccable academic backgrounds we are very confident we can drive
Lero forward, with Julian ensuring the outstanding work being
achieved in-country is maintained on what is now a very exciting
portfolio of quality projects."
Lero Gold Corp. further announces that on January 18, 2008 it
granted Options to purchase up to 50,000 shares, vesting
immediately, to an existing employee of Lero, subject to TSX-V
regulations and approval. The Options are exercisable for a term of
5 years at the price of CAD$0.53 per share.
Notes to Editors:
1. Lero Gold Corporation (TSX VENTURE: LER) is a base and
precious metal exploration company led by a senior management team
with extensive expertise in mineral exploration and advanced
project management. In July, 2006 Oriel Resources Plc completed its
previously announced transfer and sale of its gold related assets
into Lero Gold Corporation ('Lero') (formerly ELE Capital
Corporation - 'ELE'). Lero resumed trading on TSX Venture Exchange
(TSX-V) on Thursday July 27, 2006 under the trading symbol "LER".
Lero Gold is currently seeking and evaluating advanced exploration
stage gold and base metal projects in Kazakhstan, Kyrgyzstan and
Russia. The Company is currently exploring advanced staged gold
deposits in the Tien Shan gold belt in the Kyrgyz Republic and
Kazakhstan.
2. Gold Fields International Services Ltd is an indirect wholly
owned subsidiary of Gold Fields Limited.
3. The TSX Venture Exchange does not accept responsibility for
adequacy or accuracy of this release.
Contacts: Lero Gold Corporation Nick Clarke President & CEO
+44 (0) 20 7514 0590 Lero Gold Corporation Darryl Yea Non-Executive
Chairman (604) 699-2458 Lero Gold Corporation Gavin Dallas
Marketing and PR +44 (0) 20 7514 0590 Website: www.lerogold.com
Canaccord Adams Limited Robin Birchall / Ryan Gaffney +44 (0) 20
7050 6500 Bankside Consultants Michael Padley / Michael Spriggs +44
(0) 20 7367 8888
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