South American Gold Announces Appointment of Frank Delzer to the Board of Directors
30 Agosto 2012 - 6:25PM
Marketwired
South American Gold (OTCQB: SAGD) is pleased to announce Frank
Delzer has been appointed Director of South American Gold Corp.
Mr. Delzer has served as the Company's Vice President of
Operations since February 2011 and will continue in such position
with the assistance of our Vice President of Geology, and outside
consultants as required.
Frank Delzer is a professional mining engineer with over 40
years of experience in the mining industry managing projects in the
United States and Latin America. Mr. Delzer's experience includes
production management and supervision of gold and base metal mines.
Mr. Delzer has been responsible for management of exploration
programs for precious and base metals, development programs and
preparation of feasibility studies in his career. Mr. Delzer has
experience with many mining companies throughout South America
including Ariel Resources, Marcona Mining, Orinoco Mining, CIA
Minera Industrial and the Andes Copper Mining Company. Mr. Delzer
received his B.S. Mining Engineering degree from the University of
North Dakota, a diploma in geology from Eberhard-Karls Universitaet
in Tuebingen, Germany and was a Fulbright Scholar.
In other news:
Ms. Beatrice Duque Montoya resigned as Director to pursue other
interests. The Board would like to thank Ms. Duque for her
contribution to the Company during the formative stage of our work
in Colombia, and wishes her well in her new endeavors. We will
maintain an office in Colombia to continue to monitor developments
in Colombia for potential acquisitions in the future.
The Company also has expanded its activities beyond North and
South America to business development activity in southeastern
Europe, guided by the same criteria of seeking to identify for
acquisition or joint-venture projects in historic mining districts
that we consider prospective for mineral deposits, underexplored
using modern mining methods and technology. We will consider in
southeastern Europe precious metal, industrial mineral or
energy-related projects.
About South American Gold:
South American Gold Corp (OTCQB: SAGD) is an exploration mining
company focused on the discovery, acquisition, exploration and
development of gold and silver deposits in North and South America,
and southeastern Europe. Our strategy is to acquire a pipeline of
mining prospects in historic mining districts to explore, develop
or joint venture, with an objective of establishing commercial
production. The company has acquired or leased mining prospects in
Arizona, Nevada, and Montana for a total land position of
approximately four hundred and forty acres.
We have fewer than 80 million shares issued and outstanding.
Disclaimer
This release contains forward-looking statements that are based
on beliefs of South American Gold Corp. management and reflect
South American Gold Corp.'s current expectations as contemplated
under section 27A of the Securities Act of 1933, as amended, and
section 21E of the Securities and Exchange Act of 1934, as amended.
When we use in this release, the words "estimate," "project,"
"believe," "anticipate," "intend," "expect," "plan," "predict,"
"may," "should," "will," "can," the negative of these words, or
such other variations thereon, or comparable terminology, are all
intended to identify forward-looking statements. Such statements
reflect the current views of South American Gold Corp. with respect
to future events based on currently available information and are
subject to numerous assumptions, risks and uncertainties, including
but not limited to, risks and uncertainties pertaining to
development of mining properties, changes in economic conditions
and other risks, uncertainties and factors, which may cause the
actual results, performance, or achievement expressed or implied by
such forward-looking statements to differ materially from the
forward-looking statements. The information contained in this press
release is historical in nature, has not been updated, and is
current only to the date shown in this press release. This
information may no longer be accurate and therefore you should not
rely on the information contained in this press release. To the
extent permitted by law, South American Gold Corp. and its
employees, agents and consultants exclude all liability for any
loss or damage arising from the use of, or reliance on, any such
information, whether or not caused by any negligent act or
omission. This press release incorporates by reference the
Company's filings with the SEC including 10k, 10Q, 8K reports and
other filings. Investors are encouraged to review all filings. The
company has limited financial capability to implement its business
plan. The Baltimore Mine information is based on historic
information, and the company has not conducted a preliminary
economic assessment, nor has determined the costs of rehabilitation
to gain access to historic production areas. There is no assurance
of an economic deposit on the property, nor the capital required to
be available for drilling, rehabilitation and infrastructure
construction. The mining industry is subject to numerous risk
factors.
Investor Inquiries: South American Gold 1-765-356-9726
1-765-356-9737 (FAX) Web Site: www.sagoldcorp.com Email:
info@sagoldcorp.com
Grafico Azioni South American Gold (CE) (USOTC:SAGD)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni South American Gold (CE) (USOTC:SAGD)
Storico
Da Gen 2024 a Gen 2025
