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Jun 02, 2010 09:23AM
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Century Mining Corporation TSX VENTURE: CMM |
BLAINE, WASHINGTON--(Marketwire - June 2, 2010) - Century Mining Corporation ("Century" or the "Company") (TSX VENTURE:CMM) is pleased to announce the appointment of Harold ("Andrew") Daniels, P. Geo., as the Company's new VP Geology.
"Century is about to take another step forward with the appointment of a new VP Geology, as the Company controls significant property positions in Canada, Peru and the United States that have been under explored, and provide additional excellent exploration upside potential," commented Margaret M. Kent, President & CEO of Century Mining. "I would like to wish Ross Burns, my business partner of more than 25 years, a well deserved retirement from leading Century Mining's exploration arm. Together, Ross and I have worked on various projects over the years and have been very successful in identifying undervalued mining assets. I would like to welcome Mr. Daniels to the team as our new VP Geology, who will be tasked with defining the true potential of our Lamaque complex, highlighting our exploration opportunities in Peru, and reviewing other projects and acquisitions globally as we expand our operations."
Mr. Daniels brings close to 25 years of global exploration and mining experience to Century, most recently as a geological consultant to various mining companies. He also brings extensive senior management and consulting experience in precious and base metals exploration, mine modeling, economic resource estimation, project evaluation on numerous projects from Canada, Russia, Australia, Central and South America, and the Middle East. Mr. Daniels will provide an exploration roundup for Century's global projects and give guidance to the Company's global exploration goals in the next 90 days.
About Century Mining Corporation
Century Mining Corporation is a Canadian junior gold producer and holds strategic land positions in Canada, United States and Peru. The Company's strategy is to grow to an intermediate gold producer through existing mine expansions and acquisitions of other strategic and synergistic gold opportunities.
On behalf of Century Mining Corporation,
Margaret M. Kent, President & CEO
Caution Concerning Forward-Looking Information
This press release contains forward looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and information and accordingly, readers should not place undue reliance on such statements and information. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis included in this Annual Report, in our Annual Information Form and in other filings made by us with the Securities and Exchange Commission and with Canadian securities regulatory authorities and available at www.sedar.com.
While the Company believes that the expectations expressed by such forward-looking statements and forward-looking information and the assumptions, estimates, opinions and analysis underlying such expectations are reasonable, there can be no assurance that they will prove to be correct. In evaluating forward-looking statements and information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward-looking statements and forward-looking information.
Neither 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.
For more information, please contact
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