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Re: News Release - Monday, February 22, 2010
BacTech Appoints Vice President, Metallurgy
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Toronto, Canada, February 22, 2010 - BacTech Mining Corporation
("BacTech" or the "Company", TSX.V: BM) is pleased to announce that Dr.
Junxiang Guo has accepted the position of Vice-President, Metallurgy,
with the Company, effective March 1, 2010.
A metallurgist by training, Dr. Guo has 15 years of experience in
applied research, operations and project management. His operational
experience includes Red Lake Mine in Canada, Shandong MIC BioGold in
China, and Zeravshan Gold Company in Tajikistan. He formerly served as
the Vice President - Marketing with Process Research ORTECH in
Mississauga, Canada, and as the Technical Director at Zijin Mining
Metallurgical Technologies Ltd. in Xiamen, China. Dr.Guo holds a Ph.D.
degree in mineral processing from Queen's University in Canada.
"Dr. Guo has been an integral part of the operations team at the
Shandong Biogold plant in China. He will be working closely with Dr.
Paul Miller, Vice President of Technology & Engineering, and this will
significantly expand our ability to evaluate projects for acquisition,"
said Ross Orr, President and CEO of BacTech.
BACTECH PROFILE
BacTech owns patented bacterial oxidation technology for the treatment
of refractory ores and concentrates to enhance the recovery of gold,
silver and base metals. The Company's focus is the acquisition of
equity positions in projects amenable to bioleaching. In January the
Company announced its intention to effect a divisive reorganization
whereby BacTech will transfer all of its interests in mining projects
and the rights to its bioleaching technology to a wholly-owned
subsidiary. The common shares of the subsidiary will be distributed to
the shareholders of BacTech upon completion of the reorganization.
BacTech will hold an exclusive and perpetual right to use the
bioleaching technology for projects related to environmental
remediation of mine tailings.
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For further information contact:
Ross Orr, President & CEO: 416-813-0303 ext 222
Shares outstanding 89,264,706
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.
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Copyright (c) 2010 BACTECH MINING CORPORATION (BM) All rights
reserved. For more information visit our website at
http://www.bactech.com/ or send mailto:info@bactech.com
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CODE : BM.V |
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BacTech Mining est une société développant des projet miniers d'or basée au Canada. BacTech Mining détient divers projets d'exploration en Armenie. Ses principaux projets en exploration sont FERGUSSON ISLAND en Papouasie-Nouvelle-Guinee et LICHKVAZ-TEY en Armenie. BacTech Mining est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 751 120 CA$ (553 923 US$, 499 528 €). La valeur de son action a atteint son plus haut niveau récent le 30 janvier 1998 à 99,50 CA$, et son plus bas niveau récent le 22 avril 2016 à 0,03 CA$. BacTech Mining possède 8 836 707 actions en circulation. |