DAMARA GOLD CORP. (TSX-V:DMR) (“Damara” or the “Company”), announces the appointment of William (Bill) Yeomans as Director of the Company.
Mr. Yeomans acquired a B.Sc. (Geology) from Queens University in 1982 and possesses over 30 years of mineral exploration experience including 14 years managing advanced projects in South America with a focus on gold exploration in Guyana, Suriname and Brazil. Bill worked extensively across the Guiana Shield for BHP and for three years, managed the Newmont-Strata Gold joint venture program in NW Guyana. In Canada, Bill has 16 years exploration experience in gold projects located in all the major gold camps in Quebec and Ontario.
As a consultant for IAMGOLD and Dundee Precious Metals, Bill evaluated gold projects located in the Yukon, Manitoba, British Columbia, Alaska and South America. Bill also held senior management and directorships with several listed junior mining companies.
Larry Nagy, CEO and Director of Damara commented “We are very pleased that Bill has agreed to join our Board and can assist management in identifying and acquiring gold projects in Canada and by drawing on his international experience, identify other prospective projects in mine friendly jurisdictions world wide”.
Damara Gold Corp. is a TSX Venture listed Canadian public company with a Board of Directors seasoned in the mineral exploration industry with extensive and successful international experience with a focus on identifying and acquiring prospective and under-explored gold properties worldwide. Damara’s current focus is the exploration potential at the DGP project in Namibia where it holds a 22% interest.
ON BEHALF OF THE BOARD OF DIRECTORS OF DAMARA
Larry Nagy, Chief Executive Officer
For additional information visit Damara’s website at www.damaragoldcorp.com or contact:
Damara Gold Corp.
Chief Executive Officer or
Chief Financial Officer
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Statements Regarding Forward-Looking Information
Certain statements contained in this news release may contain forward-looking information within the meaning of Canadian securities laws. Such forward-looking information is identified by words such as “estimates”, “intends”, “expects”, “believes”, “may”, “will” and include, without limitation, statements regarding the company’s plan of business operations (including plans for progressing assets), estimates regarding mineral resources, projections regarding mineralization and projected expenditures. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, risks inherent in the mining industry, financing risks, labour risks, uncertainty of mineral resource estimates, equipment and supply risks, title disputes, regulatory risks and environmental concerns. Most of these factors are outside the control of the company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.