Brookmount Explorations Takes Pole Position in Surging Gold Market by Appointing Leading Executive Management Team
March 11 2008 - 8:00AM
PR Newswire (US)
BELLINGHAM, Wash., March 11 /PRNewswire-FirstCall/ -- International
turnaround growth experts Steven Windmill and Costanzo Ferraro have
been appointed as CEO and Deputy CEO respectively of Nevada
registered Brookmount Explorations (OTC Bulletin Board: BMXI;
Frankfurt, Berlin:B6T.). Steven Windmill is an experienced
corporate turnaround specialist while Costanzo Ferraro deals with
project management and is an experienced financial dealmaker. They
are both excited about this new venture and have already developed
a new strategic plan in order to achieve sustained and robust
growth for the next three years. With the combination of the two
newly appointed multi- disciplined executives, Brookmount
Explorations is on their way to fully exploit surging metal prices
on behalf of their shareholders and investors. Windmill and Ferraro
both have experienced a great amount of success in other business
ventures outside of their affiliation with Brookmount Explorations.
Windmill caught Brookmount's attention from previous successful
turnaround situations at four British companies. At a wholesale
FMCG subsidiary of BP Nutrients, Windmill reversed a 10% loss to
profit in less than 90 days; at the Training & Enterprise
Council, Windmill reduced operating expenses by 350m pounds
Sterling by renegotiating procurement and operational contracts; at
Caledonian & London Enterprises, Windmill raised 122 million
pounds in venture capital in highly competitive logistical and
engineering markets; and at Sun Alliance Plc, Windmill grew
external revenues from 1.5 million pounds to 8 million pounds in
new sales. Both have been headhunted to exploit Brookmount
Exploration's key property in central Peru, the Mercedes 100
Project. Mercedes 100 is spread out over 7 different claims
totaling 3111.31 hectares. There exists substantial underground
development, data and reporting from previous mining and
exploration operations to indicate a large potential resource, in
gold, silver, zinc and lead. The company intends to begin a 4 month
exploration program in early May that will use existing information
in addition to intended mapping, sample and assay program, a ground
based geophysic survey to produce a substantial 43-101 compliant
report and will prepare the project for 2nd stage development. The
recent rise in the share price from 6 cents since October and
surging gold, silver and metal prices, also adds significant value
to Brookmount Exploration's property portfolio. Windmill and
Ferraro's specific goal in the current financial market is to raise
euro 5M in equity investment by Fall 2008. After completing Phase 1
of their growth plan, the next step in the duo's plan is to conduct
further investments through a potential London AIM flotation or
Canadian TSX. Says Brookmount President Peter Flueck, "the addition
of Steven and Costanzo to the management team will immeasurably
improve company prospects, get the company back on track, and
realize our project opportunities in the present bullish metals
market." DATASOURCE: Brookmount Explorations CONTACT: Costanzo
Ferraro, Brookmount Explorations, +1-780-903-0811,
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