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Press
Release 08-07
RICHARD MOLYNEUX,
EX PRESIDENT AND CEO OF De BEERS CANADA, JOINS ICS BOARD OF
DIRECTORS.
April 16 , 2008 � Abbotsford,
British Columbia, Canada � ICS Copper Systems Ltd (The company or ICS),
(ICX:TSX.V) is
pleased to announce that Mr. Richard Molyneux, BSc(Hons) Geo, PrNatSc(RSA), joined
the Board of Directors of ICS Copper Systems Ltd effective April 11
2008. Mr. Molyneux�s valuable experience in
various types of heavy mineral and geochemical sampling, photo-geological
interpretation, exploratory drilling, geophysical surveys, various sample
treatment methodologies, as well as supervisory experience running
exploration projects in an African environment will be of great assistance to
ICS. As ICS progresses towards development of its sulphide deposits, Mr. Molyneux�s knowledge of underground mine design and
non-explosive rock breaking will be most welcome.
Mr. Molyneux
is currently consulting in the diamond industry and serving on various boards
of Directors.
Highlights of Mr. Molyneux�s career include the following:
Ø Secured a scholarship from Anglo
American Corporation to study at the University of Cape Town
where he attained a BSc (Hons) degree in Geology.
Ø Joined De Beers Consolidated
Mines in 1971. He subsequently worked in the Anglo American head office from
1973 to 1974 and conducted exploration in the field in Swaziland and the Northern
Transvaal where he carried out the field work leading to the
discovery of the Venetia Diamond Mine.
Ø Appointed Resident Geologist at
Premier Diamond Mine in 1976 and worked there until 1983 where he was
actively involved in the planning and execution of a new mining operation
below the major gabbro sill intersecting the
Premier pipe.
Ø Appointed Chief Geologist of Namaqualand Mines being responsible for the exploration
and ore reserve management activities in marine and alluvial deposits over
several hundred kilometres of coastline.
Ø Appointed General Manager in March
1995 of Namaqualand
Mines. This position included overall responsibility for the mining carried
out in four plant complexes treating over 6.0 million tons of ore annually,
with a work force of approximately 2,000. As the mining operations were in a
remote area, De Beers maintained two towns providing educational, medical,
shopping, transport and recreational facilities all of which were covered by
the duties of Richard as General Manager.
Ø Transferred to Kimberley
in October 1997 as General Manager of Central Mines with overall
responsibility for the Finsch, Koffiefontein
and Kimberley
operations. These were all underground operations with five operating shafts
employing over 2000 people and utilizing a wide variety of mining methods. Kimberley is the
historical Head Office of De Beers Consolidated Mines Ltd and the General
Manager position required interaction with political, labour and community
leaders.
Ø Appointed as President and CEO of
De Beers Canada Corporation in January 2000. In this position
his main mandate was to create a fully integrated company to support future
production operations, and to take the company�s advanced exploration
projects through the required engineering studies and regulatory processes,
with the objective of establishing a significant new diamond production base
for De Beers in Canada.
During the six years he was in this position approval was obtained for the
construction of the Snap
Lake and Victor Mines,
both of which were under construction when he retired in May 2006.
President and CEO of ICS Graham
Chisholm comments: �We are indeed honoured to have men of this calibre join
our company.�
ICS COPPER SYSTEMS LTD.
Signed �Graham Chisholm�
Graham Chisholm,
President & CEO
This release includes certain statements that are
�forward-looking statements�. All statements in this release, other than
statements of historical facts that address future exploration, development
and production activities, and other circumstances, events and developments
that the Company expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees of future
performance, and actual results, events and developments may differ
materially from those in the forward-looking statements. The occurrence of
certain risk factors, the probability of which is unknown, may also affect
actual results, events and developments expected by the Company.
The TSX Venture Exchange has not reviewed and does
not accept responsibility for the adequacy or accuracy of this release.
For Further information
contact:
Graham Chisholm,
President � (604) 859-3007 � Email: graham@icscopper.com
Brett Whitelaw,
Vice-President of Public Relations � (778) 836-5891 � Email: brett_whitelaw@telus.net
www.icscopper.com
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