Great Western Minerals Group Appoints Monazite Processing Expert to Steenkampskraal Rare Earth Project Team
August 09 2011 - 8:31AM
Marketwired
Great Western Minerals Group (TSX VENTURE: GWG) (OTCQX: GWMGF)
("GWMG" or the "Company") is pleased to announce that it has
appointed John Selby as a monazite / radiation / environmental
consultant to its team at the Company's Steenkampskraal rare earth
mining project in South Africa.
Mr. Selby was most recently with Richards Bay Minerals of South
Africa where he assumed increasingly senior positions through to
being named General Manager of the minerals processing
operation.
He will advise on the processing of additional monazite streams
to be used as feedstock in GWMG's rare earth processing and
separation facilities in and around Steenkampskraal. In addition,
given Mr. Selby's internationally recognized expertise in radiation
and environmental work, he will also provide expertise to the
Company in those areas.
Mr. Selby holds a B.Sc. in Industrial Chemistry from the
University of Bath in England, a B.Sc. in Geology from the
University of Witwatersrand in South Africa and a M.Sc. in
Integrated Environment Management from the University of Bath. He
holds many professional designations including an Honorary Life
Fellowship from the South African Institute of Mining &
Metallurgy for his contributions to South African mining and
metallurgy, a membership with the Royal Society of Chemistry and is
a Registered Radiation Specialist with the South Africa Radiation
Protection Association.
GWMG President and Chief Executive Officer Jim Engdahl said,
"Being able to attract a team member with the experience and
expertise of John Selby ensures our continued and thorough
compliance with the terms of the National Nuclear Regulator of
South Africa in conjunction with a focus on increasing the amount
of monazite feedstock for our rare earth processing operations. His
highly recognized advocacy work and expertise in the areas of
radiation, waste management and environmental stewardship will
ensure that GWMG continues its development work at the highest
level of international standards."
Great Western Minerals Group Ltd. is an integrated Rare Earths
processor. Its specialty alloys are used in the battery, magnet and
aerospace industries. Produced at the Company's wholly owned
subsidiaries Less Common Metals Limited in Birkenhead, U.K. and
Great Western Technologies Inc. in Troy, Michigan, these alloys
contain aluminium, nickel, cobalt and Rare Earth Elements. As part
of the Company's vertical integration strategy, GWMG also holds
100% equity ownership in Rare Earth Extraction Co. Limited, which
owns a 74% equity interest in the Steenkampskraal Mine. In addition
to a planned exploration program at Steenkampskraal, GWMG also
holds interests in six Rare Earth exploration and development
properties in North America.
Certain information set out in this News Release constitutes
forward-looking information. Forward-looking statements (often, but
not always, identified by the use of words such as "expect", "may",
"could", "anticipate" or "will" and similar expressions) may
describe expectations, opinions or guidance that are not statements
of fact and which may be based upon information provided by third
parties. Forward-looking statements are based upon the opinions,
expectations and estimates of management of GWMG as at the date the
statements are made and are subject to a variety of known and
unknown risks and uncertainties and other factors that could cause
actual events or outcomes to differ materially from those
anticipated or implied by such forward-looking statements. Those
factors include, but are not limited to, the results of the
exploration program, a resource estimate and commencement of
production at Steenkampskraal, satisfaction of the conditions
precedent with respect to GWMG's offtake agreement, receipt of all
required approvals (including those relating to the commencement of
production at the Steenkampskraal mine) and risks, uncertainties
and other factors that are beyond the control of GWMG, risks
associated with the industry in general, commodity prices and
exchange rate changes, operational risks associated with
exploration, development and production operations, delays or
changes in plans, risks associated with the uncertainty of reserve
or resource estimates, health and safety risks and the uncertainty
of estimates and projections of production, costs and expenses. In
light of the risks and uncertainties associated with
forward-looking statements, readers are cautioned not to place
undue reliance upon forward-looking information. Although GWMG
believes that the expectations reflected in the forward-looking
statements set out in this press release or incorporated herein by
reference are reasonable, it can give no assurance that such
expectations will prove to have been correct. The forward-looking
statements of GWMG contained in this News Release, or incorporated
herein by reference, are expressly qualified, in their entirety, by
this cautionary statement and the risk factors contained in GWMG's
current annual information form available at www.sedar.com.
CUSIP: 39141Y 10 3
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: Great Western Minerals Group Ltd. Dwight Percy Manager
of Investor Relations (306) 659-4500 Great Western Minerals Group
Ltd. 219 Robin Crescent Saskatoon, SK S7L 6M8 info@gwmg.ca
www.gwmg.ca
Great Western Minerals (CE) (USOTC:GWMGF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Great Western Minerals (CE) (USOTC:GWMGF)
Historical Stock Chart
From Jul 2023 to Jul 2024