Elissa Resources Announces Director Resignation
12 Agosto 2011 - 8:23PM
Marketwired
Elissa Resources (TSX VENTURE: ELI)(OTCQX: ELSRF)(PINK SHEETS:
ELSRF) ("Elissa" or the "Company") reports that Scott Parsons has
resigned from the Board of Directors of the Company in order to
pursue other interests. Elissa's Board of Directors would like to
thank Mr. Parsons for all his contributions to the Company and wish
him well in his future endeavours.
ON BEHALF OF THE BOARD OF DIRECTORS OF ELISSA RESOURCES LTD.
Paul McKenzie, President and CEO
About Elissa Resources Ltd.
Elissa Resources is advancing its 100% %-owned Thor heavy and
light rare earth element project in Nevada, 16 miles (28 km) east
of Molycorp Minerals' Mountain Pass deposit and processing facility
in California. Strongly represented at the Thor project are four
rare earth elements that have been deemed as being in critical
short supply by the U.S. Department of Energy: neodymium (Nd),
terbium (Tb), dysprosium (Dy), and yttrium (Y). Additionally,
Elissa has an option to earn a 100% interest on both the Sage Creek
(Idaho) and St. Elmo (Nevada) gold projects. A phase one core
drilling program is currently underway at Elissa's Sage Creek Gold
Project to depths of 150 meters. Elissa is also reviewing and
aggressively pursuing REE opportunities in other parts of Nevada
and neighbouring states.
Statements in this press release other than purely historical
information, including statements relating to the Company's future
plans, objectives or expected results, constitute forward-looking
statements. Forward-looking statements are based on numerous
assumptions and are subject to the risks and uncertainties inherent
in the Company's business, including risks inherent in mineral
exploration and development, and uncertainties in connection with
anticipated commodity prices for minerals, growth of worldwide
market demand, exploration capital requirements, length of asset
life and availability of qualified personnel, among others. As a
result, actual results may vary materially from those described in
the forward-looking statements.
"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: Elissa Resources Ltd. Paul McKenzie President / CEO
604-669-8368 contact@elissaresources.com
www.elissaresources.com
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