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Re: News Releases - Monday, June 28, 2010
Golden Chalice Resources Management Change
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 28, 2010) - Golden
Chalice Resources Inc. (TSX VENTURE:GCR) ("The Company") is pleased to
announce that it has appointed a new management team to build on the
Company's vast array of promising assets. Mr. Stephen de Jong has been
appointed President and Mr. Stephen Pearce has been appointed Chief
Financial Officer. Both will join the Board of Directors with Mr. Frank
Durant.
"It is a privilege to be given the opportunity to build upon and
develop the Company's impressive collection of properties," commented
Mr. de Jong. "On behalf of the Company I want to thank prior management
for their work and entrusting myself and our new team to continue
building shareholder value going forward. We will be providing a
corporate update within the next two weeks announcing plans for the
Company's numerous projects."
Mr. de Jong has over 10 years of management experience and currently
advises a number of junior mining companies regarding corporate
development strategies. He is an entrepreneur by nature and been
involved in numerous businesses related to resource and non resource
industries. While his prior start-up ventures were private, most of the
junior mining advisory work has been with public companies.
Mr. Pearce is a practicing lawyer who specializes in corporate and
securities work. He has been actively involved in public resource
companies for over 15 years. He is currently an officer and/or director
of a number of junior public companies, primarily in the natural
resource sector, namely Golden Goliath Resources Ltd., Sable Resources
Ltd., Flying A Petroleum Ltd. and Sunorca Development Corp. All of the
companies are headquartered in Vancouver, British Columbia and listed
on the TSX Venture Exchange, with the exception of Sunorca which is
listed on the Canadian National Stock Exchange. Mr. Pearce is active in
his community as President of the Western Regional Advocacy Group
Society which works in partnership with Sleep Country Canada to provide
beds to those in need. Together they have provided over 200,000 beds to
people in need over the past 10 years.
Mr. Durant brings 32 years of experience building successful companies
to this Board. While his focus has been building his own private
companies in real estate development, he has been an active investor
and student of the junior mineral exploration sector for many years.
Mr. Durant has visited many exploration properties, studied the work of
experienced geologists and technicians and taken a keen interest in the
marketing aspects of junior exploration companies. His experience,
common sense approach and successful real estate marketing expertise
will bring a unique and new perspective to the Board.
The Company is fortunate to have attracted such capable and dynamic
members to its management team and Board and is confident they will
provide strong leadership. They intend to work closely with the other
Board members and technical advisors to move the Company forward in
developing our Ontario properties and building a strong asset base for
our shareholders.
As part of the Company's management change Richard Hughes, Alan
Campbell, Darcy Hughes and Joe Montgomery have resigned from the Board
of Directors of the Company to focus on their other projects. The
Company wishes to thank them for their time and dedication to the
Company and wish them well on all future endeavors. The Company has
also relocated its executive offices in Vancouver, please see the new
contact information above.
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.
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.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
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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
Message sent on Mon Jun 28, 2010 at 4:30:44 PM Pacific Time
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VanEck Vectors Global Alternative Energy ETF
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EXPLORATION STAGE |
CODE : RRS.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Rogue Res is a nickel and palladium exploration company based in Canada. Rogue Res holds various exploration projects in Canada. Its main exploration properties are SHILLINGTON, ABITIBI EAST, UKE, RADIO HILL, TIMMINS WEST and LANGMUIR in Canada. Rogue Res is listed in Canada and in United States of America. Its market capitalisation is 1.7 millions as of today (US$ 1.2 millions, € 1.1 millions). Its stock quote reached its highest recent level on August 17, 2007 at 98.99, and its lowest recent point on October 27, 2023 at 0.02. Rogue Res has 47 442 200 shares outstanding. |