Key Gold Holding Appoints Mr. Rick G. Bonner P.Geo to the Board of Directors and Retains Geologica Groupe-Conseil Inc.
March 04 2011 - 12:11PM
Marketwired
Key Gold Holding Inc. (TSX VENTURE: KGH) ("Key Gold") announces
that it has retained Geologica Groupe-Conseil Inc., a geological
consulting firm based in Val d'Or to prepare a NI 43-101 compliant
report for the Souart gold property. The report will make
recommendations for advancing the project and propose a plan for
the next phase of exploration. The Souart gold property, recently
acquired from Glen Eagle Resources Inc, subject to the TSXV Venture
Exchange (the "TSXV") final approval, is strategically located in
the Urban-Barry greenstone belt near Lebel-sur-Quevillon in the
Province of Quebec.
Key Gold is also pleased to announce the appointment, subject to
regulatory and TSXV approval, of Mr. Rick G. Bonner, B. Sc., P.
Geol., to the Corporation's Board of Directors; additionally, we
regretfully announce the resignations of Mr. Robert Leckie and Mr.
Douglas H. Bache from the Board for personal reasons.
Mr. Bonner has over 25 years of experience in the exploration
industry, and was part of the Management of several mining issuers,
including Diavik Diamond Mines Inc. and BHP Minerals International
Exploration Inc. From 2007 to the present, Mr. Bonner has been a
consultant to the industry through RUW Exploration Limited 2007,
for gold and other metals projects in North America and Africa. He
currently sits on the board of Delta Uranium Inc. and is also a
Qualified Person as defined by National Instrument 43-101.
"We are pleased that Rick has joined our team and serve on our
Board of Directors," remarks Louis Lessard, Chairman, President and
CEO. "We believe his involvement will be a substantial asset for
Key Gold's development as we advance our projects".
The Board of Directors of Key Gold will now comprise Mr. Louis
Lessard, Chairman, President and Chief Executive Officer, Mr.
Robert Seguin and Mr. Claude St-Hilaire and Mr. Rick G. Bonner,
Independent Directors.
About Key Gold Holding Inc.
Key Gold Holding Inc. is a mineral exploration company that is
mainly focused on the acquisition, exploration and development of
gold and copper properties.
Forward looking Statement
This document contains certain forward looking statements which
involve known and unknown risks, delays, and uncertainties not
under the corporation's control which may cause actual results,
performance or achievements of the corporation to be materially
different from the results, performance or expectation implied by
these forward looking statements.
Shares outstanding: 24,622,053
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: Key Gold Holding Inc. Louis Lessard President
418-781-0272 418-650-4922 (FAX) info@keygoldholding.com
www.keygoldholding.com Ansacha Capital Inc. Jean-Francois Lemay
514-214-8388
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