Ecuador Gold & Copper Corp. - Appointment of VP Exploration to the Management Team and Commencement of 10,000 Meter Drill Progr
August 14 2012 - 8:30AM
PR Newswire (Canada)
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VANCOUVER, Aug. 14, 2012 /CNW/ - Ecuador Gold & Copper Corp. ,
(the "Company") is pleased to announce the appointment of Mr.
Mit Tilkov as VP Exploration and the commencement of the First
Stage 10,000 metre drill program at its Condor Gold Project located
in Ecuador. VP Exploration The Company welcomes Mr. Mit Tilkov to
the position of VP Exploration. In this capacity he will have
overall responsibility for the Company's extensive exploration
programs at the Condor Gold Project in Ecuador. Mit graduated from
the University of British Columbia with a M.Sc. Geology degree,
from Simon Fraser University with an MBA degree, and has over 35
years of experience mostly in exploration management with Cominco
and thereafter Teck-Cominco where he held positions in resource
estimation, exploration business development and technology. His
most recent position was that of President and CEO of TSX Venture
Exchange listed FDG Mining Inc. - a Nicaragua gold exploration
company. Mit is a registered Professional Geologist (P.Geo.) in
British Columbia, Canada and will be the Company's in-house
Qualified Person (QP) for the purposes of NI 43-101. First Stage
10,000 Meter Drill Program The Company has commenced the first
stage of its planned 40,000 meter drill program at the Condor Gold
Project in Ecuador. A 10,000 meter drilling contract has been
awarded to Roman Drilling Corp SA of Cuenca, Ecuador. Drilling is
expected to commence mid-August 2012. FORWARD LOOKING
INFORMATION Forward-looking information contained in this
release is made as of the date hereof and the Company is not
obligated to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein. Neither the 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. Ecuador Gold and Copper
Corp. CONTACT: Carson PhillipsVice-President, Corporate Development
and Investor RelationsTelephone: (604) 569-0721E-mail:
cphillips@ecuadorgoldandcopper.com
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