Boss Power Corp. Creates Uranium Advisory Board
Boss Power Corp. (TSX.V: BPU) is pleased to announce that Dr. Alastair Sinclair, P.Eng. and Mr. John Tosney, P.Eng. have accepted invitations to join an Advisory Board to assist Company management in the evaluation and development of the Blizzard Uranium Deposit near Beaverdell, B.C.
Dr. Sinclair has had a distinguished career teaching Economic Geology and related subjects at the University level for 37 years and has published extensively on mineral deposit-related topics in scientific and technical journals.� He has also served as an advisor and consultant internationally on matters related to mineral exploration data interpretation and mineral resource/reserve estimation and has presented numerous short courses for the mineral industry and professional associations. He serves on the board of two other public companies. Dr Sinclair received his Bachelors and Masters degrees in Applied Sciences from the University of Toronto in 1957 and 1958 respectively and a Ph.D. from the University of British Columbia in 1964.
Mr. Tosney's career in mining engineering has contributed to the development of Saskatchewan's mining industry for the past 24 years. His leadership skills and technical expertise have taken him from Saskatchewan Mining Development Corporation (1981) to senior management positions with Cameco Corporation, President of Cigar Lake Mining Corporation, and Executive Vice President of COGEMA Resources Inc. (Areva Group). Mr. Tosney currently serves as Executive Advisor to Areva.� Over his career, John has been instrumental in the permitting of three new uranium mines in Saskatchewan.
In addition to his engineering expertise, John has also for many years played a leading role as an industry representative on many committees dealing with development issues in northern Saskatchewan. In recognition of his career, John received the 2005 Outstanding Achievement Award by the Association of Professional Engineers and Geoscientists of Saskatchewan.�� Mr. Tosney holds a B.Sc. (Hons.) in Mining Engineering from Nottingham University and a M.Sc. in Management Studies from Durham University. Prior to his arrival in Saskatchewan in 1981, he had 17-years experience in the mining industry in eastern Canada.
Commenting on these appointments, David Stone, President and CEO says "We are pleased to have Alastair and John working with us as we develop the Blizzard Uranium Deposit to the highest environmental standards.� Alastair brings a legacy of exploration and geological expertise to our team, and John's knowledge of uranium permitting and mine development will be invaluable."
ABOUT BOSS POWER CORP.
The Blizzard deposit is a well-known historically reported uranium resource and the subject of a NI 43-101 compliant Technical Report dated November 15, 2006 (revised on February 23, 2007 and May 30, 2007).� The Blizzard deposit was the subject of a detailed engineering evaluation by Kilborn Engineering in the late 1970's, based on a total of 21,184 metres of drilling in 478 reverse circulation and Diamond drill holes.
The Kilborn Engineering Feasibility Study generated an historical reserve calculation of 2.2 million tonnes grading 0.214 percent U308, at a cut-off grade of 0.025% U308 and including a 15% mining dilution (for an estimated 10.4 million pounds of U308). This was re-classified into an indicated and inferred resource to reflect current usage as the Kilborn Engineering Feasibility Study is not in compliance with NI 43-101. Readers are cautioned that Boss Power has not undertaken any independent verification of the data on which the Kilborn resource is based, or the feasibility results, hence the results should not be relied upon.
On Behalf of the Board of Directors
BOSS POWER CORP.
Dr David Stone, P.Eng., President and CEO
Cautionary Statement on Forward-Looking Information
The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
For further information contact:
David Stone, President or Tony Perri - Investor Relations, Manager
Suite 611, 675 W. Hastings Street Vancouver, British Columbia, Canada V6B 1N2
Tel: (604) 688-8115� Fax: (604) 669-2543� www.bosspower.ca