Constitution Mining Appoints Team of Leading Gold Experts
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BUENOS AIRES, U.S.A., Oct 05 (MARKET WIRE) --
Constitution Mining Appoints Team of Leading Gold Experts Lima, Peru -
October 2, 2009 - Constitution Mining Corp. (CMIN) has appointed Mr. Gary
Artmont of Quito Ecuador, to serve as the new President and Chief
Executive Officer of the Company replacing Willem Fuchter. In addition,
Steve McMullan has joined the Board of Directors and Dr. Richard Garnett
has been named Senior Technical Field Coordinator.
"As the exploration program on our Peru GoldSands project advances, it is
imperative that our management team and field personnel are of the
highest caliber. Today's announcement is an important step forward for
the Company. We are very pleased to have attracted these important
additions to our team which have proven their ability to develop large
scale alluvial deposits", stated Dr. Michael Stocker, Chairman of the
Company.
In the late 1990s, as Indonesian-based chief geologist for
Freeport-McMoRan, Mr. Artmont was responsible for the management and
coordination of a large regional reconnaissance program and detailed
property evaluation program from 1989-1995. During the late 1990's
through until 2007, Mr. Artmont evaluated acquisition opportunities in
Eastern Europe, South America, Southeast Asia China and Mongolia. His
work focused on a wide range of commodities including gold, copper, iron,
coal and nickel. During his career, Mr. Artmont has conducted over 150
site visits to producing mines located throughout the world. Mr. Artmont
was a director of Pac Rim (PRL) from 2000 to 2006 and Prosperity
Resources (PSP-ASX) from 2006-2008. Mr. Artmont is not a director or
officer of any other reporting company at the present time.
In addition the Company has appointed Mr. Steve McMullan of Gaborone,
Botswana as a Director. Mr. McMullan is an earth scientist specializing
in geophysics, and has been involved in exploration for minerals,
groundwater, diamonds and engineering studies in Africa, Asia, South and
North America for nearly 30 years. Since 2007, Mr. McMullan has served as
Vice President of Exploration of Ecometals Limited, a Canadian public
company listed on the Toronto Venture Exchange. Mr. McMullan is
responsible for all aspects of planning, execution, quality assurance,
quality control and regulatory compliance of exploration programs
conducted by Ecometals Limited. Mr. McMullan is also a member of the
Ecometals Disclosure Committee and is responsible for all technical
disclosures by the Company.
From 2004 to 2007, Mr. McMullan served as Exploration Geophysicist and
Project Manager for Jinshan Gold Mines Limited, a Canadian mining company
operating in China, where his responsibilities included regional project
generation and evaluation, exploration project management, and mining
experience including international standard ESIA (environmental and
social impact assessment), process water resources estimation, sampling
protocols and quality control for mineral resource estimation and mining
grade control, and managing the environmental, health and safety programs.
Mr. McMullan is a member of the Society of Exploration Geophysicists,
South African Geophysical Association, Sociedad de Ingenieros del Ecuador
and is a Registered Professional Geoscientist with the Association of
Professional Engineers and Geoscientists of Saskatchewan, Canada. Mr.
McMullan is a Qualified Person under Canadian NI43-101 regulations.
Constitution Mining has also engaged the services of Dr. Richard Garnett
of Oakville, Ontario as Senior Technical Field Coordinator and consultant
to the Company. Dr Garnett brings to Constitution 51 years in
exploration, production, senior management, and consultancy to alluvial
and hard rock mining companies in numerous countries. He is a specialist
is exploration, resource delineation and evaluation, mining, and
metallurgical recovery as relates to alluvial deposits including marine
alluvials and mineral sands.
Dr. Garnett is being enlisted to conduct a site visit to the company's
alluvial gold sands property in northeast Peru. The objective is to
inspect the primary sites of gold mineralization in the concession areas
to determine if potential exists at these locations for a large
dredgeable gold resource, to review and to comment on the drilling,
logging and sampling protocols currently being employed. He will review
the effectiveness of drilling and shaft sinking systems presently used by
the company to test the alluvial gold mineralization and to provide an
overview on the relative position of the gold mineralization as it
relates to a typical large scale gold alluvial system. Constitution is
seeking specific recommendations for future exploration whether it is
drilling or reconnaissance style exploration as well as comments on the
effectiveness of using remote sensing in basin analysis and the
application of geophysics for profile and stratigraphic basin analysis.
Some relevant highlights from Dr. Garnett's extensive career include the
positions of Chief Geologist, and later Mine Manager of the Associated
Mines Group of tin companies in Malaysia and Thailand. Manager and
Director of ConZinc RioTinto Malaysia, Vice-President of P.T. RioTinto
Bethlehem Indonesia. Division Engineer in the Mining Economics Department
of Anglo American International, London, England. Division Manager, Base
Metals Division, Anglo- American Corporation of S.A., Johannesburg, South
Africa, during which time among other major duties, reviewed, advised or
directed international alluvial exploration and mining operations
especially in New Zealand, Australia, Brazil, and southern Africa.
Vice-President (Technical) of Hudson Bay Mining and Smelting, Canada.
Technical and Operations Director of WestGold (Anglo American/Minorco's
presence in the U.S.A.), with overall responsibility for marine alluvial
gold (dredging) operations at Nome, AK., and the Yuba alluvial gold
(dredging) operations in California, together with all alluvial gold
exploration in North America.
Dr. Garnett is a Member, (British) Institute of Mining and Metallurgy,
the Canadian Institute of Mining, Metallurgy and Petroleum a Chartered
Engineer (C.Eng.) in the European Economic Community and is accepted as a
Qualified Person for 43-101- compliant reporting and management (for all
alluvial deposits). Mr. Gary Artmont added," We believe our experienced
team can bring much needed additional expertise to assist with the
development of the GoldSands Project. We look forward to maximizing the
potential of this great opportunity".
About Constitution Mining Corp.
Our goal is to locate a commercially viable gold deposit and continuously
increase the amount of gold underlying each of our outstanding shares. To
build such value, we are focusing on the rapidly developing Gold Sands
region of Peru, where we have optioned 382 square kilometers (147.5
square miles) of mining properties - the largest such block in the
district.
The Gold Sands of Peru were laid down by eons of alluvial erosion. For
millions of years, the waters of the Santiago and the Maranon rivers have
been carving their way through the gold-rich mountain canyons of the
Andes, carrying off vast amounts of gold and depositing much of the
treasure in loose gravels and sands - Gold Sands - below the Manseriche
gorge in Northeastern Peru. There the rivers reach a broad flood plain,
slow to a crawl and release their cargo.
Historical drilling and sampling data from more than 500 test holes in
the "Discovery Area" located on Constitution Mining's properties
indicates the presence of significant alluvial gold in the region. We
have designed programs to confirm the accuracy of this historical data
with the intent of capturing the profit potential of the area by applying
recently enhanced mining technologies that are especially well suited to
low-density, near-surface deposits. These green- mining technologies are
energy-efficient and environmentally friendly -- features that support
their profitable use.
The implementation of these programs will require the company to secure
additional financing.
For further details, please see today's current 8K filing.
Further information about Constitution Mining Corp may
be found at
www.ConstitutionMining.com.
On behalf of the Board:
Dr. Michael Stocker - Chairman
Constitution Mining Corp.
Investor Inquiries
Toll Free: 888-475-0070
Direct Dial: 646-755-3352
Email: Info@ConstitutionMining.com
Disclaimer
This release contains forward-looking statements that are
based on the beliefs of Constitution Mining Corp. management and reflect
Constitution Mining Corp. 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 used 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 Constitution
Mining 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 indicated 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, Constitution
Mining 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.
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