Appointment of Mr. Carlos Garcia Droguett as
the new Country Manager
Creston
Moly Corp. ( Creston or the Company ) (TSX-V: CMS) is pleased to announce the
appointment of Mr. Carlos Garcia Droguett as the new
Country Manager for its Mexican Operations.
Mr. Garcia
is a Mechanical Engineer with a MBA and certificates in Administration of Human
Resources and Labor Law Reforms. He has held several senior
positions in the mining, construction, and chemical industries during his 30
year business career and has extensive experience in permitting and regulatory
issues in Mexico. His most recent position was with Minefinders
Corporation Limited, owner of the Dolores gold silver mine located in the state
of Chihuahua, Mexico, where he was Director of Corporate Relations responsible
for Human Resources, Community and Government Relations, Industrial Protection
and Health and Safety.
We are very pleased to welcome Mr. Garcia
to the Company in this important position to bolster the management team in Mexico , said Bruce McLeod, President & CEO of
Creston. Mr. Garcia s
management skills and business acumen as well as his experience in mine start-up
will be important assets to the Company as it advances the El Creston
molybdenum deposit towards production.
On Behalf of the Board of
Directors
CRESTON MOLY CORP.
Per: D. Bruce McLeod
D. Bruce McLeod, President & CEO
For further information,
please contact:
Mr. Bruce
McLeod, President & CEO
Or
Investor Relations, Chris Curran at 604-687-7545 (TEL) or (888)338-2200 (TOLL
FREE)
Or Ken
MacDonald at 604-694-0005 (TEL)
Website: www.crestonmoly.com
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.
Forward-Looking Statements
This document may contain "forward-looking statements" within
the meaning of Canadian securities legislation and the United States Private
Securities Litigation Reform Act of 1995. These forward-looking statements are
made as of the date of this document and Creston does not intend, and does not
assume any obligation, to update these forward-looking statements.
Forward-looking statements relate to future events or future performance
and reflect Creston management s expectations or beliefs regarding future
events and include, but are not limited to, statements with respect to the
estimation of mineral reserves and resources, the realization of mineral
reserve estimates, the timing and amount of estimated future production, costs
of production, capital expenditures, success of mining operations,
environmental risks, unanticipated reclamation expenses, title disputes or
claims and limitations on insurance coverage. In certain cases, forward-looking
statements can be identified by the use of words such as "plans",
"expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such
words and phrases or statements that certain actions, events or results
"may", "could", "would", "might" or
"will be taken", "occur" or "be achieved" or the
negative of these terms or comparable terminology. By their very nature
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements
of Creston to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements. Such
factors include, among others, risks related to actual results of current
exploration activities; changes in project parameters as plans continue to be
refined; future prices of resources; possible variations in ore reserves, grade
or recovery rates; accidents, labour disputes and
other risks of the mining industry; delays in obtaining governmental approvals
or financing or in the completion of development or construction activities; as
well as those factors detailed from time to time in Creston s interim and
annual financial statements and management's discussion and analysis of those
statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although Creston has
attempted to identify important factors that could cause actual actions, events
or results to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such
statements.
Accordingly, readers should not place undue reliance on forward-looking
statements.