Canadian Shield Appoints Keith Laskowski as President
August 27 2009 - 9:44AM
Marketwired
Canadian Shield Resources Ltd. (TSX VENTURE: EXP) ("Canadian
Shield" or the "Company") is pleased to announce the appointment of
Keith Laskowski as President of the Company. He has more than 30
years of experience in exploration and mine geology focused on
precious metals. Over the past twelve years, Mr. Laskowski has
assembled and directed successful private and publicly listed
exploration companies located in Peru, Mongolia, Haiti, Mali, the
US and Canada and has lead the acquisition of more than 75 gold and
copper exploration properties.
Mr. Laskowski stated "Canadian Shield has an ideal combination
of gold programs. The strong management team has positioned the
Company to benefit from the global financial crisis, by focusing on
new gold discoveries and by seeking potential gold production. We
have a portfolio of 7 gold projects in Peru, and we are finalizing
terms for a regional exploration alliance with Kinross, the fifth
largest gold producer, to explore for new gold deposits in Peru. We
are also pursuing acquisitions of advanced-stage gold resources
with potential for near-term production. This combination of new
gold exploration and potential gold production makes this a very
exciting opportunity."
Mr. Laskowski is a Qualified Person as defined by National
Instrument 43-101 and holds a Master's degree in geology from the
Colorado School of Mines. He is a Fellow with the Society of
Economic Geologists, a member of the Society for Mining,
Metallurgy, and Exploration (SME) and the Mining and Metallurgical
Society of America (MMSA-QP). Mr. Laskowski has authored and
co-authored seven geological publications.
From 1980-1997, Mr. Laskowski was employed by Newmont
Exploration Ltd. managing district exploration offices and regional
gold exploration programs. This experience will contribute to
Canadian Shield's current and future programs. In 1998, he
initiated exploration programs in Peru as Vice
President-Exploration for Gallant Minerals Ltd. (formerly Harrods
Minerals Ltd.) and developed a portfolio of gold properties in
southern Peru which were acquired by Canadian Shield in September
2004. From 2005-2007, Mr. Laskowski acquired a portfolio of uranium
properties and served as Vice President & Director of Northern
Canadian Uranium Inc., which was acquired by Bayswater Uranium
Corporation in late 2007. He also served as Country Manager-Haiti
for Eurasian Minerals Inc. from 2006-2009, where he identified
three significant gold and copper discoveries (La Miel, Grand Bois
and Treuil) which are now held in joint ventures with Newmont
Ventures Ltd. Mr. Laskowski has served as an executive officer and
director of three junior mining companies and is experienced in all
aspects of the exploration business, specializing in marketing of
new discoveries. He also serves as a director of Gallant Minerals
Ltd. (a private UK corporation), a director of Hastings Resources
Corp. (HST.V) and owns and operates KAL Exploration Inc., his
private, consulting services practice based in Golden,
Colorado.
Canadian Shield's board welcomes Keith Laskowski as President
and is excited to have him onboard to lead and manage the Company
to the next level of development.
The Company issued to Philip W. Anderson, VP Exploration, 43,011
common shares at a deemed price of $0.93 per share for achieving a
specific milestone pursuant to the shares for services arrangement
under his Consulting Agreement. These shares are subject to a four
month regulatory hold period expiring December 25, 2009.
About Canadian Shield Resources Ltd. (TSX VENTURE: EXP)
Canadian Shield is a precious metals exploration and development
company. The company acquires and explores strategically-located
precious metals properties in Peru and Chile. Canadian Shield has
eight exploration projects and is finalizing a Strategic Alliance
with Kinross Gold Corporation to explore for gold in Peru. The
Company's shares are listed on the TSX Venture Exchange (Trading
Symbol TSX VENTURE: EXP). Further information is available at
Canadian Shield's website: www.canadianshieldresources.com.
STATEMENTS IN THIS PRESS RELEASE, OTHER THAN PURELY HISTORICAL
INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE
PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE
FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON
NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND
UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS
A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED
IN THE FORWARD-LOOKING STATEMENTS. THE FOLLOWING ARE IMPORTANT
FACTORS THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS TO DIFFER
MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING
STATEMENTS: RISKS INHERENT IN EXPLORATION; RISKS ASSOCIATED WITH
DEVELOPMENT, CONSTRUCTION AND MINING OPERATIONS; CHANGES IN THE
WORLD WIDE PRICE OF COMMODITIES; THE UNCERTAINTY OF FUTURE
PROFITABILITY AND THE UNCERTAINTY OF ACCESS TO ADDITIONAL
CAPITAL.
NEITHER 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.
Contacts: Canadian Shield Resources Ltd. Bernard Kraft Chairman
(416) 927-0025 Ext. 30 or Toll Free: 1-888-927-0025 (416) 927-1222
(FAX) investor@canadianshieldresources.com Canadian Shield
Resources Ltd. Keith Laskowski President Direct: (720) 272-6224
(303) 235-8315 (FAX) klaskowski@canadianshieldresources.com
www.canadianshieldresources.com
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