Canadian Shield Appoints Keith Laskowski as President
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TORONTO, ONTARIO, Aug 27 (MARKET WIRE) --
Canadian Shield Resources Ltd. (TSX VENTURE: EXP) ("Canadian Shield" or
the "Company") is pleased to announce the appointment of Keith Laskowski
as President of the Company. He has more than 30 years of experience in
exploration and mine geology focused on precious metals. Over the past
twelve years, Mr. Laskowski has assembled and directed successful private
and publicly listed exploration companies located in Peru, Mongolia,
Haiti, Mali, the US and Canada and has lead the acquisition of more than
75 gold and copper exploration properties.
Mr. Laskowski stated "Canadian Shield has an ideal combination of gold
programs. The strong management team has positioned the Company to
benefit from the global financial crisis, by focusing on new gold
discoveries and by seeking potential gold production. We have a portfolio
of 7 gold projects in Peru, and we are finalizing terms for a regional
exploration alliance with Kinross, the fifth largest gold producer, to
explore for new gold deposits in Peru. We are also pursuing acquisitions
of advanced-stage gold resources with potential for near-term production.
This combination of new gold exploration and potential gold production
makes this a very exciting opportunity."
Mr. Laskowski is a Qualified Person as defined by National Instrument
43-101 and holds a Master's degree in geology from the Colorado School of
Mines. He is a Fellow with the Society of Economic Geologists, a member
of the Society for Mining, Metallurgy, and Exploration (SME) and the
Mining and Metallurgical Society of America (MMSA-QP). Mr. Laskowski has
authored and co-authored seven geological publications.
From 1980-1997, Mr. Laskowski was employed by Newmont Exploration Ltd.
managing district exploration offices and regional gold exploration
programs. This experience will contribute to Canadian Shield's current
and future programs. In 1998, he initiated exploration programs in Peru
as Vice President-Exploration for Gallant Minerals Ltd. (formerly Harrods
Minerals Ltd.) and developed a portfolio of gold properties in southern
Peru which were acquired by Canadian Shield in September 2004. From
2005-2007, Mr. Laskowski acquired a portfolio of uranium properties and
served as Vice President & Director of Northern Canadian Uranium Inc.,
which was acquired by Bayswater Uranium Corporation in late 2007. He also
served as Country Manager-Haiti for Eurasian Minerals Inc. from
2006-2009, where he identified three significant gold and copper
discoveries (La Miel, Grand Bois and Treuil) which are now held in joint
ventures with Newmont Ventures Ltd. Mr. Laskowski has served as an
executive officer and director of three junior mining companies and is
experienced in all aspects of the exploration business, specializing in
marketing of new discoveries. He also serves as a director of Gallant
Minerals Ltd. (a private UK corporation), a director of Hastings
Resources Corp. (HST.V) and owns and operates KAL Exploration Inc., his
private, consulting services practice based in Golden, Colorado.
Canadian Shield's board welcomes Keith Laskowski as President and is
excited to have him onboard to lead and manage the Company to the next
level of development.
The Company issued to Philip W. Anderson, VP Exploration, 43,011 common
shares at a deemed price of $0.93 per share for achieving a specific
milestone pursuant to the shares for services arrangement under his
Consulting Agreement. These shares are subject to a four month regulatory
hold period expiring December 25, 2009.
About Canadian Shield Resources Ltd. (TSX VENTURE: EXP)
Canadian Shield is a precious metals exploration and development company.
The company acquires and explores strategically-located precious metals
properties in Peru and Chile. Canadian Shield has eight exploration
projects and is finalizing a Strategic Alliance with Kinross Gold
Corporation to explore for gold in Peru. The Company's shares are listed
on the TSX Venture Exchange (Trading Symbol TSX VENTURE: EXP). Further
information is available at Canadian Shield's website:
www.canadianshieldresources.com.
STATEMENTS IN THIS PRESS RELEASE, OTHER THAN PURELY HISTORICAL
INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS
AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING
STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS
AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN
RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY
VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.
THE FOLLOWING ARE IMPORTANT FACTORS THAT COULD CAUSE THE COMPANY'S ACTUAL
RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY SUCH
FORWARD-LOOKING STATEMENTS: RISKS INHERENT IN EXPLORATION; RISKS
ASSOCIATED WITH DEVELOPMENT, CONSTRUCTION AND MINING OPERATIONS; CHANGES
IN THE WORLD WIDE PRICE OF COMMODITIES; THE UNCERTAINTY OF FUTURE
PROFITABILITY AND THE UNCERTAINTY OF ACCESS TO ADDITIONAL CAPITAL.
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:
Canadian Shield Resources Ltd.
Bernard Kraft
Chairman
(416) 927-0025 Ext. 30 or Toll Free: 1-888-927-0025
(416) 927-1222 (FAX)
investor@canadianshieldresources.com
Canadian Shield Resources Ltd.
Keith Laskowski
President
Direct: (720) 272-6224
(303) 235-8315 (FAX)
klaskowski@canadianshieldresources.com
www.canadianshieldresources.com
Copyright 2009, Market Wire, All rights reserved.
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