Orsa Announces Appointment of Micheal Attaway, PE, to the Board
May 23 2012 - 3:48PM
Marketwired Canada
Orsa Ventures Corp. (the "Company") (TSX VENTURE:ORN) today announced the
appointment of Mr. Micheal Attaway to the Board of Directors of the Company.
Mr. Attaway, BS Mining Engineering, MBA, is a registered mining engineer in
Arizona and Nevada and a Qualified Person for NI 43-101 reporting. He has worked
for over thirty years in gold, copper, uranium, lime and aggregate development
and mining in the western United States. His areas of expertise include senior
management, mine management, engineering, environmental permitting and
compliance, mine valuation, acquisitions and public and government relations.
Mr. Attaway has participated in six mine construction startups including the
McLaughlin Mine (Homestake Mining), the Colosseum Mine (Bond Gold Colosseum
Inc.), the Castle Mountain and Brewery Creek Mines (Viceroy Resource
Corporation), the Lisbon Valley Mine (Constellation Copper Corporation) and the
Naturita Uranium Tailings Treatment Project. He has also worked for Duval and
served as Executive Vice President and General Manager for Brohm Mining Corp and
the Gilt Edge Mine to mention a few of his professional assignments. Currently
serving as Chief Operating Officer and VP Operations for Lincoln Gold, he is
working to bring to gold projects to a production decision. Mr. Attaway has been
the recipient of numerous safety and environmental awards.
"Mr. Attaway brings a very solid mix of skills and experience from both the
development of advanced stage projects to the construction and operation of
mines that will serve the Company and its shareholders well as we advance
exploration on all of Orsa's properties but in particular the Quartz Mountain
Project in southern Oregon," stated Linda Thorstad, PGeo, President and Chief
Executive Officer of the Company.
The Board of Directors of the Company has granted Mr. Attaway 200,000 stock
options each at a price of $0.12 per share, in accordance with the policies of
the TSX Venture Exchange and the terms of the Company's Stock Option Plan.
About Orsa
Orsa Ventures Corp. is a junior company focused on the exploration for, and
development of, gold-silver-copper properties in the western United States. Orsa
has a 2.85 million ounce Inferred gold Resource (110,448,000 tonnes grading 0.80
grams per tonne gold) on its Quartz Mountain Property, southern Oregon with
excellent exploration upside. Orsa recently announced the discovery of
significant sediment-hosted gold system at its Coal Canyon Property in the
Oreana Mining Trend, Nevada, where over 10 million ounces has been discovered
since 2009. The Company also has the right to earn a 51% interest Ashby
Property, a former gold producer and porphyry copper-gold target, located in the
Walker Lane Mining Trend, host to several large copper and gold deposits in
Nevada.
On behalf of the Board of Directors,
Linda Thorstad, President and Chief Executive Officer
Linda Thorstad, P. Geo., a Qualified Person as defined by National Instrument
43-101 and President and Chief Executive Officer of the Company, has read and
approved the technical information in this news release.
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements that are based on the
Company's current expectations and estimates. Forward-looking statements are
frequently characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate", "suggest", "indicate" and other similar
words or statements that certain events or conditions "may" or "will" occur, and
include, without limitation, statements regarding the Company's plans with
respect to the closing of the Financing and the use of proceeds thereof. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that could cause actual events or results to differ materially
from estimated or anticipated events or results implied or expressed in such
forward-looking statements. Any forward-looking statement speaks only as of the
date on which it is made and, except as may be required by applicable securities
laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future events
or results or otherwise. Forward-looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on such statements
due to the inherent uncertainty therein.
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