VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2011) - International Enexco Ltd. (News - Market indicators)(OTCQX:IEXCF)(FRANKFURT:IE6) (the "Company" or "Enexco") is pleased to announce that former Governor of Nevada James A. Gibbons has joined the Company as a member of its Board of Directors and Senior Advisor to the Company on its corporate affairs.
Arnold Armstrong, President and CEO of Enexco, stated today that:
"The addition of Mr Gibbons is a tremendous step forward for Enexco and brings the guidance of an individual with vast experience in all aspects of government and non-governmental relations, not to mention his exceptional knowledge in the administration, permitting and development of all manner of projects."
Mr Gibbons graduated from the University of Nevada, Mackay School of Mines in 1967 with a Bachelor of Science in Geology. In the following 4 years, he served as a Captain in the United States Air Force as a pilot and veteran of the Vietnam War. He returned to the University of Nevada and completed his Master of Science in Geology in 1974 with his thesis on the Geology of the Contact Mining District, Elko County, Nevada while also working as an exploration geologist for Union Carbide. His knowledge of the Contact area is of special significance to Enexco, which has been working to advance its Contact Copper Project, located in the centre of Mr Gibbons' thesis area. Mr Gibbons' thesis still stands as the principal work on the geology and exploration potential of the district.
After completing his Master's degree, Mr Gibbons went on to receive his Juris Doctorate from Southwestern University, School of Law, in 1979, with emphasis on natural resource, environmental and water rights law. From 1979 to 1996, he was an Attorney at Law while continuing his military service as Colonel in the Nevada Air National Guard and receiving the Distinguished Flying Cross as a tactical fighter pilot in the Persian Gulf War. His legal work during this time included managing the land and mineral claims department for Homestake Mining Company. In 1996, he was elected as US Congressman for Nevada's 2nd Congressional District, and served until he was elected Governor of Nevada in 2007. Throughout his political career, he represented and governed one of the US's leading states for mining and mineral exploration.
After his appointment to the Board of Directors Mr Gibbons said: "I am confident that the Enexco projects will continue to move toward development and production. Enexco's mineral future is strategically structured to secure a bright future for the company in the mineral industry. As such, I am pleased to be part of this growing company."
Beyond his interest in the Contact Project, and participation on the Board of Directors, Enexco looks forward to Mr Gibbons' guidance as Senior Advisor in helping Enexco's management in its goal of growing the company, through understanding of community relations, and advising on decisions related to projects, land and permitting, and financing.
About International Enexco Ltd.
International Enexco Ltd. is an advanced exploration and development company headquartered in Vancouver, B.C. In addition to its 100% owned advanced Contact Copper Project, in Elko County, Nevada, the Company is a 30% partner in joint-venture with Cameco Corporation (52.5%) and AREVA (17.5%) in the Mann Lake Uranium Project in the Athabasca Basin, Saskatchewan.
For further information on all of Enexco's projects, visit our website at: www.enexco.ca
On behalf of the Board of Directors of International Enexco Ltd.
G. Arnold Armstrong, President and CEO
"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."