Greg Struble, New CEO for Maudore
Published : May 07, 2013
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Keywords :   Canada | Chile | Gold | Gold Producer | Palladium |

Greg Struble, New CEO for Maudore

MONTREAL, May 7, 2013 /CNW Telbec/ - Kevin Tomlinson, Executive Chairman and CEO of Maudore Minerals Ltd.  ("Maudore" or, the "Company") (TSXV: MAO) (US OTC: MAOMF) (Frankfurt Exchange: M6L), is pleased to announce the appointment of Mr Greg Struble, an experienced executive and mining engineer, as President and CEO, effective June 11, 2013. Mr. Tomlinson will remain as Executive Chairman of the Company.

Mr. Struble is an executive and mining engineer with 30 years' experience in underground and open cut mines in the United States, Canada and Chile for companies including Barrick Gold, Meridian Gold, AngloGold and Homestake Mining. Greg brings considerable experience in engineering, supervision, and management of gold and precious metal mines.  Importantly, Greg's teams were successful at improving efficiency and productivity, while at the same time, winning awards in health, safety and environment.

Mr. Tomlinson stated, "Greg is a strong leader and mine builder. He led Aurbec's operations at Vezza and Sleeping Giant in his prior role as Executive Vice President and Chief Operating Officer for North American palladium and has a good working relationship with our employees and contractors." Mr. Tomlinson continued, "We are very excited with Greg's addition to our Team which we see as a key step in Maudore's strategy to build a significant mining group in the highly prospective, but underexplored, Northern Abitibi Region of Quebec".

"I am pleased to be joining the strong and dynamic management group at Maudore, and am looking forward to developing the company into a major gold producer in Québec," Mr. Struble said.

The Company is test mining at the Vezza project, processing this material at the Sleeping Giant Mill and pouring dore bars.  Maudore has several other advanced gold projects and plans, in the medium-term, to update historical resources estimates of the Discovery and Flordin projects, generate a new 3D interpretation of geology and mineralization at Sleeping Giant and to improve the geologic model at Osbell.  Maudore will also continue to evaluate other opportunities in the region.

About Maudore Minerals Ltd.

Maudore is a Quebec junior gold company with more than 23 exploration projects, of which five are at an advanced stage of exploration with reported current and historical resources. The Company's projects span some 120 kilometers, east-west, of the underexplored Northern Volcanic Zone of the Abitibi Greenstone Belt and cover a total area of 144,000 hectares (1,440 km2) with the Sleeping Giant Processing Facility within trucking distance of key projects.

Quebec is consistently ranked amongst the best locations worldwide for mineral exploration and development, with low cost power, proper infrastructure, mining-oriented local communities and a skilled workforce.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Maudore Minerals Ltd.

For further information:

Ms. Deborah Thompson
Director, Investor & Media Relations
Email: Deborah.Thompson@Maudore.com
+1 (416) 918-9551 (Mobile); +1 (514) 439-0990 (Office)

Mr. George Fowlie, Vice Chairman
Email: George.Fowlie@Maudore.com
+1 (416) 587-9801 (Mobile); +1 (514) 439-0990 (Office)

Mr. Kevin Tomlinson, Executive Chairman
Email: Kevin.Tomlinson@Maudore.com
+1 (514) 439-0990 (Office)

Data and Statistics for these countries : Canada | Chile | All
Gold and Silver Prices for these countries : Canada | Chile | All

Maudore Minerals Ltd

CODE : MAO.V
ISIN : CA5772791029
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Maudore Min. is a gold and copper exploration company based in Canada.

Maudore Min. holds various exploration projects in Canada.

Its main exploration properties are FREGATE, NEW BIDLAMAQUE and BERTHIAUME in Canada.

Maudore Min. is listed in Canada and in Germany. Its market capitalisation is CA$ 424 050 as of today (US$ 330 208, € 289 559).

Its stock quote reached its highest recent level on April 15, 2011 at CA$ 6.90, and its lowest recent point on May 05, 2016 at CA$ 0.01.

Maudore Min. has 84 810 000 shares outstanding.

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Financials of Maudore Minerals Ltd
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