Seasoned Geologist Elpidio Moronta Joins Santo Mining Corp.
October 19 2012 - 9:30AM
Santo Mining Corporation (OTCBB:SANP)
,
(the "Company"), is pleased to announce that Mr. Elpidio
Moronta has been appointed to the SMC team as full time Exploration
Field Geologist. Mr. Moronta is a seasoned Dominican Geologist who
previously worked at Pueblo Viejo and Cerro de Maimon which
straddles the Santo Mining claim.
From June 2007 to May 2008 Mr. Moronta worked with Placer Dome,
which was later taken over by Barrick Gold during this period.
During this term he served as a Geotechnical and Geostructural
Geologist identifying drill targets for the project.
From May 2008 until August 2011 he worked a Senior Supervisor of
the Process Plant and Operations Control, with Corporacion Minera
at the "Cerro de Maimon" gold silver and copper mine, which is now
Perilya. More recently from September 2011 to July 2012 he
worked with the respected firm of Rocas y Minerales Dominicana
where he was assigned to a wide variety of technical duties
including geochemical sampling.
Mr. Moronta graduated in 2002 in geology and mines from the
Insituto Technologico del Cibao Oriental. Since his first day on
the team at Santo Mining Mr. Moronta has been supervising the
exploration crew collecting soil samples on a 100 meter grid at the
company's flagship "Walter" claim.
Santo Mining President Al French stated, "We are extremely
fortunate to have Elpidio join our exploration team. Almost all his
work experience has been gained in the hills that are within
walking distance of our "Walter" gold claim it is as if he was
tailor made for us. He knows the local geology and territory
like the back of his hand and is enthusiastic about Santo Mining's
prospects. I've observed his methodical work style and
meticulous attention to detail which can only enhance our success
in the field".
About Santo Mining Corporation
Santo Mining Corporation is an aggressive junior minerals
exploration and development company, based in the Dominican
Republic. The Company is actively pursuing the acquisition and
exploring of properties, which are strategically located in the
prolific and highly prospective Hispaniola Gold-Copper Back-Arc
area in the Dominican Republic.
Further information on the Company and its filings can be found
at www.sec.gov
The Santo Mining Corporation logo is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=14686
Notice Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as
that term is defined in Section 27A of the United States Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release, such as the Company's plans to
acquire a number of highly prospective gold exploration properties,
which are not purely historical are forward-looking statements and
include any statements regarding beliefs, plans, expectations or
intentions regarding the future, including but not limited to, any
mineralization, development or exploration of the Company's
properties and the timing of any work program or exploration
activities, and any results that may be obtained or the
commencement of production.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
mineral exploration and difficulties associated with obtaining
financing on acceptable terms. We are not in control of metals
prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance those beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all
of the information set forth herein and should also refer to the
risk factors disclosure outlined in our most recent annual report
for our last fiscal year, our quarterly reports, and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
CONTACT: Investor relations: Circadian Group
North American Toll free: 1(866) 603-3330 or +1(647) 930-1037
info@santomining.com
Santo Mining (CE) (USOTC:SANP)
Historical Stock Chart
From Apr 2024 to May 2024
Santo Mining (CE) (USOTC:SANP)
Historical Stock Chart
From May 2023 to May 2024