Toronto, Ontario
December 10, 2007
Press Release 26 – 2007
Nayarit Gold announces
appointment of Terry Christopher, Ph.D.
as Chief
Geoscientist
Nayarit Gold Inc. (TSXV: NYG)
is pleased to announce the appointment of Terry Christopher as Chief
Geoscientist, effective immediately.
Mr. Christopher is a seasoned geologist and geochemist
with diverse experience in the resource industry, including mining and oil and
gas in both the United States
and Canada.
Mr. Christopher served as the Chief Geoscientist for Linear Gold Corp., a
mineral exploration company. Mr. Christopher has been integral in team-oriented
exploration success, including several discoveries and the maturation of one
deposit to a resource estimate level. Prior to joining Linear Gold, Mr.
Christopher was the VP of International Projects for a metals recovery firm and
was a technical analyst for an institutional fund manager. Mr. Christopher has
a Ph.D. in Geochemistry and a BS.c. (Hons) in Geology from the Dept of Earth Sciences, Memorial
University of Newfoundland.
“We
are extremely pleased to have Terry join the Company,” stated Colin
Sutherland, President & CEO. “His
technical capabilities and business leadership will be extremely valuable as we
aggressively pursue our objectives. We believe attracting someone of his
calibre is a true testament to the quality of the Orion District.”
Nayarit’s board of directors granted a total of
140,000 stock options to employees of Nayarit at an exercise price of $0.37 per
share expiring on December 5, 2012.
Nayarit Gold Inc. is a Toronto
based junior resource company dedicated to gold exploration in the proven
precious metal districts of Mexico.
Management’s goal is to build a profitable resource company and
maximize shareholder value through successful exploration and development.
For further information on Nayarit Gold please visit
the company’s website at www.nayaritgold.com or contact:
Mr.
Colin P. Sutherland
President & CEO
(902)
252-3833
info@nayaritgold.com
CAUTIONARY STATEMENT
The TSX Venture Exchange does not accept
responsibility for the adequacy or accuracy of this release. No stock
exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein. This News Release includes
certain “forward-looking statements”. All statements other
than statements of historical fact, included in this release, including,
without limitation, statements regarding potential mineralization and reserves,
exploration results, and future plans and objectives of Nayarit, are
forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results to
differ materially from Nayarit’s expectations are exploration risks
detailed herein and from time to time in the filings made by Nayarit with
securities regulators.
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