September 6,
2007
TSX:BAJ
PRESS
RELEASE
BAJA WELCOMES NEW VICE PRESIDENT –
ENGINEERIng and Construction
Baja Mining
Corp. (the “Company”) is pleased to welcome Mr. Michael F. Shaw, P.E.,
as Vice President - Engineering and Construction, to the Company’s
comprehensive Boleo Project team.
Mr. Shaw graduated from
the University of Texas, El
Paso with a Bachelor of Science in Chemistry and a
Master of Science in Metallurgical Engineering, in 1970 and 1975,
respectively. Mr. Shaw has over 38 years experience in the mining and
metals industry, with 25 of those years dedicated to project engineering and
construction management, mostly in Latin America.
He recently worked for
Newmont Mining Corporation as Project Director for the Minas Congas Project in
northern Peru,
a multi billion dollar semi-grassroots copper gold project. Mr. Shaw also held
the title of Regional Director of Projects and was responsible for project
execution in Africa.
From 1999 to 2005 he held
the position of Vice President, Project Manager of Apex Silver Mines
Corporation out of Denver, Colorado. Mr. Shaw was responsible for
engineering, permitting, construction and startup of the San
Cristobal zinc/lead/silver mine project in Bolivia. He participated in the
finalization of the feasibility study and then continued on to lead the
preparation of basic engineering and permitting for the project.
Mr. Shaw has been
instrumental in the engineering, construction and startup of numerous copper,
gold and nickel projects globally, both as an operator and engineer-constructor
from 1969 to present, including the Tiomin Resources, Inc. Cerro Colorado copper deposit in Panama,
CODELCO projects in Chile,
for Cyprus in Peru,
and various projects for Phelps Dodge Corporation. Mr. Shaw also served as
Project Manager for Bechtel and Davy McKee (now Aker Kvaerner.) Mr.
Shaw’s experience in the last 25 years has largely focused on project
development throughout Latin America.
Mr. Shaw is a member of
the SME, MMSA and has been admitted as a professional engineer in California, Arizona and New Mexico.
The Company has completed
a Definitive Feasibility Study (DFS) on its 100% owned Boleo
Property, Baja California Sur, Mexico.
The Company is well advanced in construction financing and will be proceeding
to break ground for construction of El Boleo copper/cobalt/zinc/manganese
project later this year.
ON BEHALF OF THE BOARD OF
DIRECTORS OF
BAJA MINING CORP.
“John W.
Greenslade”
JOHN W. GREENSLADE,
PRESIDENT
For further
information please contact John Greenslade,
President, at (604) 685-2323
Some of
the statements contained in this release are forward-looking statements, such
as statements that describe the Company’s expected timing for commitment
of construction financing and other statements. Since forward-looking
statements are not statements of historical fact and address future events,
conditions and expectations, forward-looking statements by their nature
inherently involve unknown risks, uncertainties, assumptions and other factors
well beyond the Company’s ability to control or predict. Actual
results and developments may differ materially from those contemplated by such
forward-looking statements. Material factors that could cause actual revenues
to differ materially from those contained in such forwarding-looking statements
include (i) fluctuations on the prices of copper, cobalt, zinc and manganese,
(ii) interpretation of contract terms, (iii) accuracy of the Company’s
and consultants’ projections, (iv) the Company’s ability to
finance, receive permits for, obtain equipment, construct and develop the El
Boleo Project, (v) the effects of weather; operating hazards; adverse
geological conditions and global warming, (vi) impact of availability of labor,
materials and equipment; and (vii) changes in governmental laws, regulations,
economic conditions or shifts in political attitudes or stability.
These forward-looking statements
represent the Company’s views as of the date of this release. There can
be no assurance that forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated
in such statements. Readers should not place undue reliance on any
forward-looking statements.
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