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Re: News Release - Monday, February 22, 2010
BacTech Appoints Vice President, Metallurgy
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Toronto, Canada, February 22, 2010 - BacTech Mining Corporation
("BacTech" or the "Company", TSX.V: BM) is pleased to announce that Dr.
Junxiang Guo has accepted the position of Vice-President, Metallurgy,
with the Company, effective March 1, 2010.
A metallurgist by training, Dr. Guo has 15 years of experience in
applied research, operations and project management. His operational
experience includes Red Lake Mine in Canada, Shandong MIC BioGold in
China, and Zeravshan Gold Company in Tajikistan. He formerly served as
the Vice President - Marketing with Process Research ORTECH in
Mississauga, Canada, and as the Technical Director at Zijin Mining
Metallurgical Technologies Ltd. in Xiamen, China. Dr.Guo holds a Ph.D.
degree in mineral processing from Queen's University in Canada.
"Dr. Guo has been an integral part of the operations team at the
Shandong Biogold plant in China. He will be working closely with Dr.
Paul Miller, Vice President of Technology & Engineering, and this will
significantly expand our ability to evaluate projects for acquisition,"
said Ross Orr, President and CEO of BacTech.
BACTECH PROFILE
BacTech owns patented bacterial oxidation technology for the treatment
of refractory ores and concentrates to enhance the recovery of gold,
silver and base metals. The Company's focus is the acquisition of
equity positions in projects amenable to bioleaching. In January the
Company announced its intention to effect a divisive reorganization
whereby BacTech will transfer all of its interests in mining projects
and the rights to its bioleaching technology to a wholly-owned
subsidiary. The common shares of the subsidiary will be distributed to
the shareholders of BacTech upon completion of the reorganization.
BacTech will hold an exclusive and perpetual right to use the
bioleaching technology for projects related to environmental
remediation of mine tailings.
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For further information contact:
Ross Orr, President & CEO: 416-813-0303 ext 222
Shares outstanding 89,264,706
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.
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Copyright (c) 2010 BACTECH MINING CORPORATION (BM) All rights
reserved. For more information visit our website at
http://www.bactech.com/ or send mailto:info@bactech.com
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
BacTech Mining is a gold development stage company based in Canada. BacTech Mining holds various exploration projects in Armenia. Its main exploration properties are FERGUSSON ISLAND in Papua New Guinea and LICHKVAZ-TEY in Armenia. BacTech Mining is listed in Canada and in United States of America. Its market capitalisation is 4.3 millions as of today (US$ 3.0 millions, € 2.7 millions). Its stock quote reached its highest recent level on January 30, 1998 at 99.50, and its lowest recent point on April 22, 2016 at 0.03. BacTech Mining has 47 442 200 shares outstanding. |