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UC RESOURCES ANOUNCES JIM VOISIN AS NEW PRESIDENT
November 6, 2007, UC Resources Ltd.: Vancouver,
British Columbia: Trading Symbol: TSXV:UC. UC Resources Ltd.
("UC" or "the Company") is pleased to announce that
Mr. James Voisin has been appointed as President and joined the board of
directors, effective immediately.
Mr. Voisin, age 50, has been very active in the
mining industry for the past twenty years, including previous Board of
Director experience, numerous investor relations assignments, and senior
executive positions. He is the very recent past President of
Cadillac Ventures Inc. and presently President of First Mexican Resources
Inc. Previous
to the mining industry experiences he served on the Board of Directors of
OK Tire, a corporation with one billion dollars in sales, based in
Langley, B.C.
Through Greenstone
Consulting, Mr. Voisin has provided investor relations services to Spider
Resources (SPQ) and Iberian Minerals (IZN) for many years, both of which
are listed on the TSX Venture Exchange. The extensive experience gained
as a result of assisting in the development and re-opening process
associated with the Iberian Minerals Aguas Tenidas mine in Spain, which
has an estimated budget in excess of $300 million dollars, plus the
international exposure, should serve Jim well with UC.
Mr. Voisin has
substantial knowledge of the James Bay Lowlands and more specifically of
the McFaulds Lake area where the recent Noront Resources major nickel,
copper and PGM discovery has occurred. Including being familiar and
on a first name basis with all the key people associated with this
emerging major new exploration mining camp, he has visited on numerous
occasions the Spider Resources McFaulds camp which is owned and operated
by Billiken Management. In addition, he has participated in
visits and meetings with the Band leaders and Council of both the
Webiquie and Martin Falls First Nations communities. This has
provided Jim with extensive experience and knowledge of both the geology
of the area as well as the geo-political environment of working in
Ontario’s north lands.
During Mr.
Voisin’s six year working relationship with Spider Resources he has
become recognized in the area and has become quite familiar with the
“Lay of the Land” while assisting in the development and
advancement of Spider’s significant VMS discoveries on the McFaulds
Lake claims under the guidance and supervision of Mr. Neil Novak.
These claims were optioned to UC Resources in the spring of 2007, giving
UC Resources the binding right to earn up to 55% interest in the
Spider/KWG joint venture property.
In his recent
capacity as President of Cadillac Ventures there has been constant
communication with Mr. Richard Nemis, President of Noront Resources, the
joint venture partner on their jointly held Burnt Hill
tungsten/molybdenum deposit in New Brunswick. This strong
mutual respect and working relationship has developed over many years of
working together even prior to the present joint-venture.
Experience in JV relationships will greatly assist Mr. Voisin in his
duties with UC. Mr. Nemis states: “Jim is a grounded
exploration enthusiast with a willingness and drive to get the job done;
we welcome his leadership and expertise as this McFauld’s area play
continues to evolve”.
Mr. Voisin is no
stranger to Mexico which is a significant area of operation and interest
to UC. As President of First Mexican Resources (TSX application
underway) he has experienced the challenges of dealing with the Mexican
culture as well as the infrastructure realities that exploration in the
region can bring.
As President of
Billiken Management and a Director of First Mexican Resources, Mr. Brian
Newton says, “If it needs to be done, Jim will get it done in a
timely and efficient manner.” Mr. Voisin has a longstanding
relationship with Billiken Management, which is presently providing
management services to the ongoing drill program for Noront Resources in the
McFaulds Lake area, managed the recently completed drill program for UC
Resources/Spider/KWG in the McFaulds Lake area, and provided management
services on the recent UC drill program at Copalquin, Mexico.
On behalf of the
board of directors,
Brian Gusko
CFO
For further
information:
Contact Vancouver Head Office
#1000, 355 Burrard Street Vancouver, B.C. V6C 2G8 Canada
Toll Free: 1-800-366-8566 (Canada &
USA)
Website: www.ucresources.net
Investors are
invited to visit the UC Resources IR Hub at http://www.agoracom.com/ir/UCResources
where they can post questions and receive answers or review questions and
answers already posted by other investors. Alternatively, investors are
able to e-mail all questions and correspondence to UC@agoracom.com where they can also
request to be added to the investor e-mail list to receive all future
press releases and updates in real time.
(The TSX Venture Exchange has not reviewed and
does not accept responsibility for the adequacy or accuracy of this
release. This release includes certain statements that may be deemed
“forward-looking statements”. All statements in this
release, other than statements of historical facts, that address future
production, reserve potential, exploration drilling, exploitation
activities and events or developments that the Company expects are
forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from
those in the forward-looking statements. Factors that could cause
actual results to differ materially from those in forward looking
statements include market prices, exploitation and exploration successes,
continued availability of capital and financing, and general economic,
market or business conditions. Investors are cautioned that any
such statements are not guarantees of future performance and those actual
results or developments may differ materially from those projected in the
forward-looking statements. For more information on the Company,
Investors should review the Company’s registered filings what are
available at www.sedar.com.
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November 6,
2007
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WHAT'S NEW
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Oct 23, 2007:
UC Resources Limited and
Spider Resources Inc. Diamond Drilling Program at McFaulds VMS
project in Northern Ontario
+ View More
Oct 18, 2007:
UC Resources Arranges
Private Placement With Powerone Capital Markets Limited
+ View More
Sep 19, 2007:
UC Resources Limited
Reports on Property in Vicinity of Noront's Copper - Nickel Discovery
in the James Bay Lowlands and Recent Increase in Trading Activity
+ View More
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