Sona Appoints Michael Williams to Board of Directors
31 Marzo 2011 - 3:30PM
Marketwired
Sona Resources Corp. (TSX VENTURE: SYS)(FRANKFURT: QS7) (the
"Company" or "Sona") is pleased to announce the appointment of
Michael Williams of Vancouver, British Columbia, to the Company's
Board of Directors.
"Mr. Williams has a successful track record in the industry,"
says Nick Ferris, Sona's Executive Chairman. "His expertise in
finance and marketing will prove invaluable as we move toward
production at our Blackdome and Elizabeth gold properties."
Mr. Williams is currently the president of Full Metal Minerals,
and a director and an adviser to several mining exploration
companies, including serving as Chairman of Underworld Resources,
Minaurum Gold and Revolution Resources. In March 2010, Kinross Gold
Corporation acquired Underworld for $138 million after an initial
resource estimate of over one million ounces of gold. He has
established relationships with retail and institutional investors
as well as an extensive investment banking network.
He previously served as vice-president of Atna Resources, a
TSX-listed company, where he developed and implemented corporate
communications and investor relations programs between 1996 and
2004. Before joining Atna Resources, he provided public relations
counsel to various sectors, including mining, manufacturing,
financial services and government.
About Sona Resources Corp.
Since its inception in 1990, Sona has engaged in exploration
activities at its mineral properties in Canada and the United
States, as well as small-scale gold production at its flagship
property, the 100 percent owned Blackdome Gold Mine ("Blackdome"),
in south-central British Columbia, 250 kilometres north of
Vancouver. At Blackdome, the indicated mineral resources are
estimated to be 144,500 tonnes, grading 11.29g Au/t and containing
52,600 ounces of gold; and the inferred resource is estimated to be
90,600 tonnes, grading 8.79g Au/t (news release dated May 4, 2010).
At its 100 percent owned Elizabeth Gold Deposit Property, 30
kilometres south of the Blackdome Gold Mine, Sona has outlined an
inferred gold resource of 522,900 tonnes, grading 12.3g Au/t and
containing 206,100 ounces of gold (news release dated June 8,
2009).
Sona aims to bring its permitted Blackdome mill back into
production over the next two years at a rate of 200 tonnes per day,
with feed from the former-producing Blackdome Gold Mine and the
Elizabeth Gold Deposit Property. A positive Preliminary Economic
Assessment by Micon International Ltd. (news release dated May 28,
2010) - at a gold price of $950 per ounce over an eight-year period
- has estimated a cash cost of $208 per tonne milled, or $686 per
ounce of gold recovered.
Sona also holds a 100 percent interest in the Montgolfier
Project, located in Quebec, 40 kilometres east of the
multimillion-ounce Casa Berardi Mine gold deposit.
This news release contains certain forward-looking statements,
and such statements involve risks and uncertainties. The results or
events predicted may differ materially from actual results or
events. Any forward-looking statement speaks only as of the date of
this news release. Except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new
information, future events or results, or any other occurrence.
Neither the 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: Sona Resources Corp. +1 (888) 236-5200 +1 (604)
684-6678 (FAX) info@sonaresources.com www.sonaresources.com Marston
Webb International Victor Webb/Madlene Olson Media Inquiries +1
(212) 684-6601 +1 (212) 725-4709 (FAX) marwebint@cs.com
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