Golden Chalice Appoints Trygve Hoy, PhD, PEng, as VP of Exploration
August 18 2010 - 9:00AM
Marketwired
Golden Chalice Resources Inc. (TSX VENTURE: GCR) (the "Company") is
pleased to announce Dr. Trygve Hoy has been appointed as Vice
President of Exploration.
Dr. Hoy brings extensive knowledge and experience to both the
Company's exploration and management teams. He received his BSc in
geology from the University of British Columbia, his MSc (geology)
from Carleton University, Ottawa, and his Doctorate of Geology from
Queens University, Ontario. He joined the British Columbia
Department of Mines in 1974 and spent 28 years there as a research
economic geologist, mainly concentrating on deposits and their
setting in the southeastern part of the province. He has published
numerous research papers and many geological maps covering the more
highly prospective exploration belts of the province. Dr. Hoy has
won several awards, including the Provincial Medal and Julian Boldy
awards. He has been an exploration consultant since 2002,
concentrating most of his work in southern British Columbia, but
including contracts in the Canadian Arctic Islands, Ontario,
Mexico, Argentina and Chile. He is a Professional Engineer and a
member of the Society of Economic Geologists.
Dr. Hoy will continue to work closely with Kevin Montgomery,
P.Geo., project geologist for the Langmuir nickel project, as
critical decisions are made in regards to the advancement of both
the Lamgmuir Nickel and Radio Hill Iron-Ore Projects, as well as
other early-stage exploration properties.
The Company also announces Peter Caldbick, PGeo, has resigned as
VP of Exploration to pursue other business opportunities. The Board
of Directors wishes to thank Mr. Caldbick for his time and
dedication to the Company and wishes him the best in all future
endeavors.
ABOUT GOLDEN CHALICE
On May 19, 2010, the Company announced it had completed a NI
43-101 resource estimate for its flagship Langmuir Nickel Project
where 2007 drilling intersected 72 meters of 1.14% nickel. The
Langmuir Project is easily accessible by road and is near existing
mining infrastructure in the Timmins camp, host to numerous
world-class gold and base metal deposits. The Company owns 100% of
the property which covers more than 30 km of favorable stratigraphy
with potential for hosting Kambalda-style deposits.
This document contains certain forward looking statements which
involve known and unknown risks, delays and uncertainties not under
the corporation's control which may cause actual results,
performance or achievements of the corporation to be materially
different from the results, performance or expectation implied by
these forward looking statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news
release.
Contacts: Golden Chalice Resources Inc. Steve de Jong or Stephen
Pearce (604) 629-1808 (604) 685-7625 (FAX)
info@goldenchaliceresources.com www.goldenchaliceresources.com
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