Sherwood Copper Appoints Kevin Weston as Chief Operating Officer
January 16 2008 - 2:35PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (TSX VENTURE: SWC.DB) today
announced the appointment of Kevin Weston as Chief Operating
Officer, responsible for all operational activities of the
Company.
"The addition of Kevin Weston as Chief Operating Officer
significantly enhances our ability to pursue growth opportunities
for Sherwood Copper, internally and externally," said Stephen Quin,
President & CEO. "Kevin brings a tremendous amount of operating
experience in a wide variety of operating environments to Sherwood.
His experience will be a great asset as we look to continue the
value enhancement of our high grade Minto copper-gold mine in the
Yukon through further expansions in reserves and production and,
should our offer for Western Keltic be successful, in the
advancement of the Kutcho Creek project in British Columbia."
Appointment of Chief Operating Officer
Kevin Weston has been appointed Chief Operating Officer with
Sherwood Copper, effective immediately. Kevin's career encompasses
25 years of operating experience, most recently as Vice President
& General Manager with Breakwater Resources, responsible for
the Myra Falls base metal mine in British Columbia. Prior to that,
Kevin's experience includes periods leading a contract mining
company, as a mining consultant and, most importantly, extensive
experience in mining operations, including managing gold and base
metal mines in Canada and abroad, in open pit and underground
settings. These leadership positions built on prior experience as
mill superintendent, mine superintendent, mine foreman, blasting
engineer and mining engineer at a number of mining operations with
senior and junior mining companies.
Kevin will primarily be focused on Sherwood's "relentless
pursuit of value" through the on-going optimization and expansion
of the Minto Mine, the advancement of the Kutcho Creek property in
BC, assuming Sherwood's offer for Western Keltic (see press release
dated November 26, 2007) is successful, as well as other external
growth opportunities.
Minto Project
The Minto Mine encompasses a high-grade open pit copper-gold
deposit located in the Yukon Territory of Canada. Sherwood acquired
the Minto project in June 2005 and, in just two years from its
acquisition, completed a bankable feasibility study, arranged
project financing, and built a $100 million open pit copper-gold
mine. Commercial production commenced on October 1, 2007. In
parallel with these development activities, Sherwood has been
running an exceptionally successful exploration program that has
resulted in multiple discoveries of high grade copper-gold
mineralization across its Minto Mine property.
Sherwood
Sherwood's successful consolidation of the ownership of the
Minto Project provides a unique investment opportunity -
participation in a high-grade, open pit copper-gold mine located in
Canada with tremendous exploration potential on the property.
Additional Information
Additional information on Sherwood and its Minto Project can be
obtained on Sherwood's website at
http://www.sherwoodcopper.com.
On behalf of the board of directors
SHERWOOD COPPER CORPORATION
Stephen P. Quin, President & CEO
This news release may contain forward looking statements which
are not historical facts, such as ore reserve estimates,
anticipated production or results, sales, revenues, costs, or
discussions of goals and exploration results, and involves a number
of risks and uncertainties that could cause actual results to
differ materially from those projected. These risks and
uncertainties include, but are not limited to, metal price
volatility, volatility of metals production, project development,
ore reserve estimates, future anticipated reserves and cost
engineering estimate risks, geological factors and exploration
results. See the Company's filings for a more detailed discussion
of factors that may impact expected results.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press
release.
Contacts: Sherwood Copper Corporation Stephen Quin President
(604) 687-7545 or 1-888-338-2200 Sherwood Copper Corporation Brad
Kopp (604) 687-7545 or 1-888-338-2200 Sherwood Copper Corporation
Kristy Reynolds (604) 687-7545 or 1-888-338-2200 (604) 689-5041
(FAX) Website: www.sherwoodcopper.com
Sherwood Copper Com Npv (TSXV:SWC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Sherwood Copper Com Npv (TSXV:SWC)
Historical Stock Chart
From Sep 2023 to Sep 2024
