GENERAL MANAGER HIRED FOR EAST TINTIC MINING DISTRICT, UTAH
March 11, 2011, Vancouver, B.C. - Andover Ventures Inc. ("Andover" or
the "Company") (AOX-TSX: V) (AOVTF-United States) (R2X-Frankfurt
Exchange)
is pleased to announce that Chief Consolidated Mining Co. ("Chief")
(78.53% controlled by Andover) has hired Michael R. Carter as General
Manager for Chief's East Tintic District mining properties in Utah, USA.
Mr. Carter has the responsibility of hiring and managing all staff
required to put the Trixie Gold/ Silver Mine into production as well as
the development of the district's other assets including the Burgin
Extension Deposit amongst others. Mr. Carter will report to COO Larry
Segerstrom.
Mr. Carter has extensive industry experience with many mining companies
since his graduation, with a B.S.Geology from the University of Idaho.
He is a past Director of the Nevada Mining Association and the South
Dakota Mining Association. During the last 40 years his management
positions have included the following;
1.
Capital Gold Inc. - Contract Consultant (Gold - Open Pit 7500 tpd)
2.
Alamos Gold Inc. - General Manager/ Project Manager Malatos (Gold - Open
Pit 10,000 tpd)
3.
Geomaque Exploration Ltd. - Vice President Operations (Gold - Open Pit)
4.
Coeur d'Alene Mines - Mine Manager (Gold/ Silver - Open Pit)
5.
Occidental Minerals Corporation - Project Manager (Gold/ Silver - Open
Pit)
Larry Segerstrom, the Company's COO, comments, "after an extensive
search for a General Manager for our operations in the East Tintic
Mining District we're extremely pleased to have hired someone with such
extensive experience as Mike Carter to manage our projects. People like
Mike will be key to our success."
Andover has granted to Michael R. Carter, 150,000 shares of stock
options exercisable at .80 cents per share for a period of 5 years.
These options vest over a 4 year period with 25% vesting each year on
the anniversary date of the stock option agreement.
About Andover:
Andover Ventures is a precious and base metal exploration and
development company, headquartered in Vancouver, British Columbia,
Canada. Andover Ventures holdings are located in the historic East
Tintic Mining District, Utah, USA, and the polymetallic rich Ambler
Mining District, located in Alaska, USA.
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Maxim Resources Inc.
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CODE : MXM.V |
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Maxim Res. is a and oil exploration company based in Canada. Maxim Res. develops natural gas in Australia. Its main asset in production is SELLHEIM GOLD in Australia and its main asset in development is SOUTH ERIN BLOCK in Australia. Maxim Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 292 050 as of today (US$ 218 813, € 209 404). Its stock quote reached its highest recent level on December 30, 2005 at CA$ 1.10, and its lowest recent point on December 16, 2016 at CA$ 0.01. Maxim Res. has 58 410 000 shares outstanding. |