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TVI PACIFIC ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER
TVI Pacific Inc.
(TSX: "TVI" or the "Company") is pleased to announce
the appointment of Joseph Bronneberg as Vice
President, Finance and Chief Financial Officer effective July 23, 2007. Mr.
Bronneberg will report to Clifford M. James, TVI's President and Chief Executive Officer.
Mr. Bronneberg has over 25 years of experience in senior
financial positions with a number of major companies, both international
and domestic, involved in the exploration and production of natural
resources. In addition to more than 10 years of experience in the western
Canadian mining industry, Mr. Bronneberg has
also been involved in international oil and gas exploration and
development, and in oil well contract drilling operations. He holds a
Bachelor of Commerce (B.Comm.) degree from the University of Alberta (1976) and has been a
member of the Canadian Institute of Chartered Accountants since
1978.
I am extremely
pleased to welcome Joe to the TVI Pacific team," said Cliff James,
President and CEO of TVI. "With his extensive experience and his
in-depth knowledge of the resource sector, Joe will be a key member of
the executive team as TVI continues to firmly build its platform for
growth."
About TVI Pacific
Inc. (TSX: TVI)
TVI Pacific Inc. is a
publicly traded Canadian mining company focused on exploring for and
producing precious and base metals within district scale systems in Asia.
In the Philippines, TVI's
most advanced project, the Canatuan Mine (the
first foreign-invested, new, mining project in the Philippines
since the passage of the Philippine Mining Act of 1995), began mining and
milling operations in mid-2004, producing gold and silver dor� through its affiliate TVI Resource Development (Phils.) Ltd. ("TVIRD")
In 2006, TVIRD received a completed NI 43-101 feasibility study on
the Canatuan Sulphide project prepared by
Norwest Corporation. The report has been filed with certain
securities regulatory authorities in Canada and is available
through the SEDAR website at www.sedar.com. The Norwest study
addresses the copper-zinc bearing massive sulphide zone, or lower portion
of the Canatuan Deposit. Construction of
the Sulphide Project at Canatuan is now
underway. In addition, TVIRD holds a 2.5% NSR on the Philippine-based Rapu Rapu project operated
by Lafayette Mining Ltd. Exploration in the Philippines
is being conducted at Canatuan, in an effort to
expand TVIRD's mineral resource base and to
find new deposits, at Balabag and at other
areas which management of TVI view as compelling exploration
properties.
In China, TVI's wholly-owned Chinese subsidiary, Hunan Pacific
Geological Exploration Inc. ("HPGEI"), was the first foreign
mining company to be granted both WOFE status and a Qualified Explorer
License. The exploration program in China
is focused primarily within the Golden Triangle area, a prospective metallogenic region in China's
south-western provinces of Yunnan, Guizhou
and Guangxi Autonomous Region, and prospective areas in the Tibet
Autonomous Region. HPGEI has 2,394 km2 of land under application in
China
in the Golden Triangle and in the Tibet A.R.
TVI also has a
Drilling Segment consisting of Exploration Drilling Corporation
("EDCO"), a wholly-owned subsidiary of TVI Pacific Inc. based
in the Philippines,
and Hunan Pacific Drilling ("HPD"), a segment of HPGEI based in
China,
which generates revenue from contract drilling.
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For further
Information on this News Release please contact:
Clifford M. James, President and CEO
Paul
Moon, Director, Corporate Communications (403) 265-4356
The Toronto
Stock Exchange has neither approved nor disapproved of the information
contained herein.
2000, 736 - 6 Avenue S.W.
Calgary, Alberta T2P 3T7
Tel: (403) 265-4356 Fax: (403) 264-7028
Website:
http://www.tvipacific.com E-mail: tvi-info@tvipacific.com
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