New Hana Mining Builds the Corporate Structure with Appointment of Chief Financial Officer
November 07 2012 - 6:00AM
Marketwired Canada
New Hana Copper Mining Ltd. ("HML" or "New Hana") (TSX:VENTURE:HML) is pleased
to announce Richard Schroeder, a Chartered Accountant with over 35 years of
public accounting experience, to the position of Chief Financial Officer.
Mr. Schroeder retired as a partner of Ernst & Young LLP in 2011 where he focused
on advising multinational public companies in both the mining and financial
sectors. Prior to his tenure at Ernst & Young, Mr. Schroeder was a partner at
Ellis Foster Chartered Accountants, one of the largest independent accounting
firms in British Columbia.
Mr. Schroeder currently serves as well on the Board of Directors for Lions Gate
Metals Inc. and Channel Resources Ltd.
New Hana Copper Mining's President and CEO, Mr. Marek Kreczmer, comments:
"Richard Schroeder is a high quality professional who will further the
governance and operations standards that we have established with our Board. We
expect that New Hana will require the extensive experience and skill set that
Richard provides as we anticipate commencing our work plan for the Musina Copper
Project."
About New Hana Copper Mining Ltd.
New Hana Mining has entered into an Acquisition and Joint Venture agreement with
BSC Resources Limited of South Africa whereby New Hana has the option to earn up
to a 100% interest in the Musina Copper Project located in northeast South
Africa.
The Musina Project area is comprised of six Prospecting Rights covering 100
square kilometers (10,006.88 hectares) of highly prospective ground, which
encompasses the Musina fault; a structure that is known to host a number of
formerly producing high-grade copper, mines. The Project includes the formerly
producing Artonvilla, Spence, Messina, Harper and Campbell underground copper
mining operations. Mining activity was closed in 1993 due to low copper prices.
New Hana also has an exploration-stage copper-silver project, "The Kuke
Project", located in the center of the Kalahari Copper Belt in northwestern
Botswana, adjacent and along strike to Hana Mining Ltd.'s ("Hana") Ghanzi Copper
Silver Project.
This press release was reviewed and approved by Marek Kreczmer., Chief Executive
Officer for New Hana. He is the qualified person as defined in NI 43-101.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
New Hana Mining Ltd.
Investor Relations
(604) 682-4262
(778) 370-0146 (FAX)
info@newhanamining.com
www.newhanamining.com