RUSORO MINING LTD.
355 Burrard Street, Suite 830 Vancouver, BC V6C 2G8
Tel: 604-682-1545
Fax: 604-682-1514
Rusoro Mining Ltd. Appoints George Salamis as President
September 4, 2007 Trading
symbol (TSX-V): RML
Vancouver, Canada – Rusoro Mining Ltd. is very pleased
to announce the appointment of George Salamis
to the
of President, effective
immediately. Mr. Salamis will play a major role in the Company’s
executive management team
as the Company moves
forward on a number of corporate and operational initiatives.
Mr. Salamis has
previously held senior management positions with well-established mining
companies, most notably
Placer Dome Inc. and
Cameco Corporation, in addition to his successful formation and management of
several
junior mining companies listed
in Europe and North America. Mr. Salamis
has over 20 years experience directing the
exploration, development
and mining operations of a number of gold, base metal and coal projects in many
different
regions of the world,
including Latin America. In recent
years, he has also played an integral role, both executive and
non executive, in several
large M&A transactions and significant financing initiatives in the
industry. Mr. Salamis holds
a graduate degree in
Geology from the Universite de Montreal - Ecole Polytechnique.
Company Chairman Vladimir Agapov says, “George brings to Rusoro
the extensive corporate management and technical
experience necessary to oversee
and move the Company through its pivotal exploration and pre-production
programs and
ultimately to full
production of its multi-million ounce gold projects in Venezuela”.
The Company would like to
thank outgoing President Mario Szotlender for his diligence and service since
the Company’s
inception and wishes him
the very best in his future endeavors.
About Rusoro
Rusoro Mining Ltd. is a
junior gold producer focused in Bolivar
State, Venezuela.
The Company has discovered well
over 4 million ounces of
gold to-date and is currently engaged in an aggressive program of exploration,
development and
mill expansion to
significantly expand gold production through 2008 and 2009.
ON BEHALF OF THE BOARD
“Vladimir
Agapov”
Vladimir Agapov, Chairman of the Board
CONTACT INFORMATION
Tel:
604-682-1545 Fax: 604-682-1514
Toll Free: 1-800-668-0091
Symbol: TSX-V:RML Email:
info@rusoro.com
Website: www.rusoro.com
The
TSX Venture Exchange has not reviewed and does not take responsibility for the
adequacy or accuracy of this release.