Forest Gate Hires Mineral Geologist
October 20 2010 - 9:53AM
PR Newswire (Canada)
MONTREAL, Oct. 20 /CNW/ -- SYMBOL & EXCHANGE: FGE-V MONTREAL,
Oct. 20 /CNW Telbec/ - Forest Gate Energy Inc. reports that it has
hired Edward L. Procyshyn to manage and supervise its mineral
exploration projects. Mr. Procyshyn will be responsible for
developing the exploration program for Forest Gate's 100%-owned
Pershing Gold property located near Val d'Or, Quebec. Mr. Procyshyn
is an Officer and qualified person for Forest Gate. Mr. Procyshyn
has worked in the Val d'Or gold camp since 1997, and was involved
in previous exploration programs on the Pershing gold property
between 1997 and 2003. "Ed has a lot of experience on the Pershing
Gold property, and has many ideas regarding its development," says
Michael Judson, Forest Gate's Chief Executive Officer and
President. Mr. Procyshyn graduated in 1965 from the University of
Manitoba with a B.Sc. Geological Engineering degree. He
undertook his Ph.D. research studies at Queen's University,
Kingston. From 1979 to 1995, Mr. Procyshyn was a Professor of
Geology at Concordia University and taught courses in Field
Mapping, Petrology, Structural Geology, Tectonics and Economic
Geology. Mr. Procyshyn left Concordia in 1995 when the University
closed its geology department and formed Le Groupe GeoInfo, a
mineral exploration consulting company. Mr. Procyshyn is a
registered member of the Ordre des Géologues du Quebec, pa fellow
of the Geological Association of Canada and the Society of Economic
Geologists, and a member of the Geological Society of America and
the American Association of Petroleum Geologists. Mr.
Procyshyn has been involved in structural mapping and conducted
metallogenetic and exploration studies in Nunavut, British
Columbia, Val d' Or and the Appalachian region of Gaspé and New
Brunswick. Le Groupe GeoInfo has also been involved in the study
and evaluation of gold, gold-polymetallic and molybdenum deposits
in Armenia, skarn gold deposits in northern Spain, and placer
diamond deposits in Russia. Additionally, Mr. Procyshyn has been
involved in evaluating gold deposits in various parts of Kyrgyzstan
and Siberian Russia. About Forest Gate Energy Forest Gate Energy
Inc. is a publicly listed oil and gas exploration and production,
and non-energy resource company trading on the TSX Venture Exchange
under the symbol FGE. The Company is seeking to increase
shareholder value through participation and development of energy
and other resources in Canada and internationally. FORWARD-LOOKING
STATEMENTS Certain statements regarding Forest Gate, including
management's assessments of future plans and operations and Forest
Gate's anticipated financial performance, may constitute
forward-looking statements under applicable securities laws and
necessarily involve known and unknown risks and uncertainties, most
of which are beyond Forest Gate's control. These risks may cause
actual financial and operating results, performance, levels of
activity and achievements to differ materially from those expressed
in, or implied by, such forward-looking statements. Such factors
include, but are not limited to: the impact of general economic
conditions in Canada and the United States; industry conditions
including changes in laws and regulations including adoption of new
environmental laws and regulations, and changes in how they are
interpreted and enforced; competition; the lack of availability of
qualified personnel; fluctuations in commodity prices; the results
of exploration and development drilling and related activities;
imprecision in reserve estimates; the production and growth
potential of Forest Gate's various assets; fluctuations in foreign
exchange or interest rates; the ability to access sufficient
capital from internal and external sources; and obtaining required
approvals of regulatory authorities. Neither TSX Venture Exchange
nor its Regulation Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or the accuracy of this release. To view this news
release in HTML formatting, please use the following URL:
http://www.cnw.ca/en/releases/archive/October2010/20/c4094.html
pROBERT KRAMBERGER, V-P, INVESTOR RELATIONSbr/
1-866-666-3040 br/ a
href="mailto:rkramberger@forestgate.ca"RKRAMBERGER@FORESTGATE.CA/a br/
a href="http://www.forestgate.ca/"WWW.FORESTGATE.CA/a/p
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