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Re: News Release - Wednesday, August 18, 2010
Golden Chalice Appoints Trygve Hoy, PhD, PEng,as VP of
Exploration
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VANCOUVER, BC - Golden Chalice Resources Inc. (TSX-V: GCR) (the
"Company") is pleased to announce Dr. Trygve Hoy has been appointed as
Vice President of Exploration.
Dr. Hoy brings extensive knowledge and experience to both the Company's
exploration and management teams. He received his BSc in geology from
the University of British Columbia, his MSc (geology) from Carleton
University, Ottawa, and his Doctorate of Geology from Queens
University, Ontario. He joined the British Columbia Department of
Mines in 1974 and spent 28 years there as a research economic
geologist, mainly concentrating on deposits and their setting in the
southeastern part of the province. He has published numerous research
papers and many geological maps covering the more highly prospective
exploration belts of the province. Dr. Hoy has won several awards,
including the Provincial Medal and Julian Boldy awards. He has been an
exploration consultant since 2002, concentrating most of his work in
southern British Columbia, but including contracts in the Canadian
Arctic Islands, Ontario, Mexico,
Argentina and Chile. He is a
Professional Engineer and a member of the Society of Economic
Geologists.
Dr. Hoy will continue to work closely with Kevin Montgomery, P.Geo.,
project geologist for the Langmuir nickel project, as critical
decisions are made in regards to the advancement of both the Lamgmuir
Nickel and Radio Hill Iron-Ore Projects, as well as other early-stage
exploration properties.
The Company also announces Peter Caldbick, PGeo, has resigned as VP of
Exploration to pursue other business opportunities. The Board of
Directors wishes to thank Mr. Caldbick for his time and dedication to
the Company and wishes him the best in all future endeavors.
ABOUT GOLDEN CHALICE
On May 19, 2010, the Company announced it had completed a NI 43-101
resource estimate for its flagship Langmuir Nickel Project where 2007
drilling intersected 72 meters of 1.14% nickel. The Langmuir Project is
easily accessible by road and is near existing mining infrastructure in
the Timmins camp, host to numerous world-class gold and base metal
deposits. The Company owns 100% of the property which covers more than
30 km of favorable stratigraphy with potential for hosting
Kambalda-style deposits.
CONTACT INFORMATION
Steve de Jong or Stephen Pearce
Phone: (604) 629-1808
Email: info@goldenchaliceresources.com
Website: www.goldenchaliceresources.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
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.
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Copyright (c) 2010 GOLDEN CHALICE RESOURCES INC. (GCR) All rights
reserved. For more information visit our website at
http://www.goldenchaliceresources.com/ or send
mailto:info@goldenchaliceresources.com
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