Continuum Appoints Alex Cruz as Country Manager for Mexico
January 24, 2008 - Vancouver, B.C.: Dale Schultz, Vice President Exploration of Continuum Resources Ltd (TSX-V: CNU) is pleased to announce that Mr. Alex Cruz has been appointed to the position of Country Manager for all projects in the country of Mexico.
Mr. Cruz is an experienced exploration geologist with over 18 years of field experience working for junior Canadian mining companies in Latin America. Mr. Cruz has conducted exploration programs in the majority of the principal metallogenic belts in Ecuador, and has experience with all stages of exploration projects, from "grass roots" regional plays through resource drilling campaigns. He has developed an extensive knowledge base with a variety of deposit types including porphyry Cu-Au-Ag-Mo, low and high sulphidation epithermal systems, polymetallic vein systems and Au skarn deposits. He has also managed a number of environmental and social programs in Ecuador on behalf of the exploration companies he has worked with.
Most recently, Mr. Cruz held the position of Vice-President of Exploration and Mine Development with Oromonte Resources Inc. While with Oromonte, he designed and implemented the exploration programs that led to the discoveries of the Tundaya Cu-Mo-Ag-Au porphyry, and the Chimbutza Au-Ag hydrothermal breccia system both in the country of Ecuador. Also in Ecuador, Mr. Cruz worked as Senior Geologist with Aurelian Resources on the Bonza-Pe�as resource project in 2004-2005, and was Sr. Project Geologist with Cornerstone Resources responsible for the Shyry diatreme gold project in 2006.
Mr. Cruz, will be responsible for overseeing Continuum's exploration, social and environmental programs in the country of Mexico.
Background
Continuum is actively exploring 12 separate gold-silver projects in the state of Oaxaca, where Continuum has acquired approximately 220,000 hectares. Continuum is also 24% joint venture partner with Fortuna Silver Mines Inc. (TSXV: FVI) on the San Jose silver project, on which drilling continues to expand on the resource estimate previously announced by the Company on March 12, 2007.
On Behalf of the Board of Directors of
CONTINUUM RESOURCES CORP.
Per: "Dale Schultz"
Dale Schultz, Vice President Exploration
Renmark Financial Communications Inc.
Barry Mire : bmire@renmarkfinancial.com
Dan Symons : dsymons@renmarkfinancial.com
Tel. : (514) 939-3989
Fax : (514) 939-3717
www.renmarkfinancial.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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Continuum Resources Ltd.
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PRODUCTEUR |
CODE : CNU.V |
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Continuum est une société de production minière d'argent et d'or basée au Canada. Continuum détient divers projets d'exploration au Mexique. Son principal projet en production est SAN JOSE PROJECT au Mexique et ses principaux projets en exploration sont LA PREDILECTA, NINO PERDIDO, TALEA, LACHATAO, TERI, LACHIGUIRI, NATIVIDAD et TAVICHE au Mexique et RICHARDSON LAKE au Canada. Continuum est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 5,6 millions CA$ (4,4 millions US$, 3,5 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2003 à 1,20 CA$, et son plus bas niveau récent le 24 octobre 2008 à 0,01 CA$. Continuum possède 124 038 000 actions en circulation. |