AurCrest Gold Announces the Addition of Two New Team Members
March 31 2011 - 1:40PM
Marketwired
AurCrest Gold Inc. (the "Company" or "AurCrest") (TSX VENTURE: AGO)
is pleased to announce that it has added Robert E. Sanders, Ph.D.
and Mr. Owen B. Jurczak to the AGO Team.
Robert E. Sanders, Ph.D. is a geologist with a doctorate from
the New Mexico Institute of Mining and Technology and experience in
tectonic processes associated with crustal fluid migration, alkalic
magmatism, and gold mineralization in Precambrian rocks of the
western United States, central Greenland, and northwest
Ontario.
Dr Sanders' most recent work has been with Gold Canyon
Resources' Springpole Lake discovery in East Red Lake; he played an
integral part reclassifying the gold bearing rocks and defining the
area of interest that has become the Portage Zone Discovery. Dr.
Sanders has been hired on a consulting basis as Project Manager for
AurCrest Gold's Richardson Lake gold project and to conduct the
summer program for all of the newly acquired East Red Lake
properties. Robert will be working closely with AurCrest Gold Vice
President Exploration, Trevor Boyd.
AurCrest also welcomes Mr. Owen B. Jurczak, an MBA graduate from
the Richard Ivey School of Business and CFA charterholder. Mr.
Jurczaks' most recent position was as a director in the portfolio
management team of CIBC World Markets' global Merchant Banking
business based in Toronto; he worked directly with the portfolio
managers in the financial and risk management of international
private equity funds and public market investments. Mr. Jurczak
will be assisting the President, Ian A. Brodie-Brown, in all
aspects of management, from marketing and communications, to
financing and business development, and will hold the position of
Vice President Corporate Development. Mr. Jurczak has completed
both the Boston Marathon and the Lake Placid Ironman triathlon.
Ian A. Brodie-Brown stated - "I am pleased to inform the
shareholders of our good fortune in attracting these two
individuals. Dr. Sanders' understanding of the geology and
mineralizing events relating to the East Red Lake Gold deposits is
a truly valuable asset to our Company and its future efforts. Mr.
Jurczaks' banking experience and team building skills should lead
to a strong management group to move AurCrest forward."
Cautionary Note Regarding Forward-Looking Statements: This Press
Release contains forward-looking statements that involve risks and
uncertainties, which may cause actual results to differ materially
from the statements made. When used in this document, the words
"may", "would", "could", "will", "intend", "plan", "anticipate",
"believe", "estimate", "expect" and similar expressions are
intended to identify forward-looking statements. Such statements
reflect our current views with respect to future events and are
subject to such risks and uncertainties. Many factors could cause
our actual results to differ materially from the statements made,
including those factors discussed in filings made by us with the
Canadian securities regulatory authorities. Should one or more of
these risks and uncertainties, such actual results of current
exploration programs, the general risks associated with the mining
industry, the price of gold and other metals, currency and interest
rate fluctuations, increased competition and general economic and
market factors, occur or should assumptions underlying the forward
looking statements prove incorrect, actual results may vary
materially from those described herein as intended, planned,
anticipated, or expected. We do not intend and do not assume any
obligation to update these forward-looking statements.
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: AurCrest Gold Inc. Ian Brodie-Brown President and
C.E.O. (416) 368-2929 (416) 601-1450 (FAX) info@aurcrestgold.com
www.aurcrestgold.com
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