Kodiak Appoints New President, Chief Operating Officer
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VANCOUVER, BRITISH COLUMBIA, Jul 07 (MARKET WIRE) --
Kodiak Exploration Limited (TSX VENTURE: KXL)(FRANKFURT: KX3) is pleased
to report that it has appointed Brian J. Maher President and Chief
Operating Officer of the Company. Mr. Maher, who has been the Company's
Vice-President, Exploration for the past two years, will report directly
to the Board of Directors and will oversee all aspects of the company's
operations. Accordingly, Mr. Robert J. Harrington has stepped down as
Interim Managing Director and will continue as a valued member of the
Board of Directors. The Board thanks Mr. Harrington for his leadership
during this management transition.
Mr. Brian J. Maher is an economic geologist with over 30 years of
experience in mineral exploration, mine development, underground mine
production and the financial analysis of acquisition opportunities. Mr.
Maher received his BA degree in 1980 from the California State
University, Chico and his MSc degree (Economic Geology) from the Colorado
Sate University in 1983. Throughout his career Mr. Maher has worked for
Junior and Major mining companies including Hochschild Mining, Metallic
Ventures Gold, Aur Resources, ASARCO Inc. and Homestake Mining. Mr. Maher
will be based in Kodiak's Vancouver office.
Mr. Maher will focus on executing a three point strategic plan to usher
in a new era of growth for the company: traditional exploration at the
Company's gold and uranium projects, moving the Hercules gold project
down the pathway toward development and seeking new assets which
compliment the existing project portfolio and provide upside for rapid
growth. The company has initiated a 15,000 metre diamond drilling program
that includes additional drilling at Hercules and drill testing regional
targets on its extensive Beardmore-Geraldton land package. Results will
be released as assays are received. Planning is underway at the West
Millennium uranium project in the Athabasca basin for a second phase of
diamond drilling as a follow-up to the successful 2009 winter drilling
program. Field work is also planned for the Company's newly acquired
Mines Point gold project in northern Manitoba.
Geological information for the Company's gold projects has been reviewed
and approved by Robert B. Hawkins, Kodiak's Chief Geologist, who is a
qualified person under the definitions established by National Instrument
43-101. For the Energy Division, geological information has been reviewed
and approved by Keith Metcalfe, Chief Geologist-Energy Division, who is a
qualified person under the definitions established by National Instrument
43-101.
Kodiak is a well financed mineral exploration company with properties
located in Canada. Maps, photographs, geological details and additional
information may be viewed on our web site at www.kodiakexp.com.
On behalf of the Board of Directors
KODIAK EXPLORATION LIMITED
Michael E. J. Phelps, Chairman of the Board of Directors
This release may contain forward-looking statements or statements that
relate to current or future activities which involve known and unknown
risks and uncertainties. Actual events, performance or results may differ
materially from the Company's expectations and projections.
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.
Contacts:
Kodiak Exploration Limited
Michael E. J. Phelps
Chairman of the Board of Directors
(604) 688-9006
(604) 688-9029 (FAX)
info@kodiakexp.com
www.kodiakexp.com
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