New company leadership has been announced by Mercer Gold Corporation
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MERCER GOLD CORP (OTC BB: MRGP.OB)
Mercer Gold Corporation reported new company leadership with consent of its two new directors David Shaw and Edward Flood. The new top management are Rahim Jivraj President and Chief Executive, William D Thomas Secretary/Treasurer and Chief Financial Officer, Devinder Randhawa and Keith Laskowski as directors and two additional directors David Shaw and Edward Flood.
David Shaw graduated from the University of Sheffield, England and later pursued his Ph.D in structural geology from Carleton University, Ottawa, Canada. He worked with Chevron Resources for seven years and is the founder of the Research group at Charlton Securities Ltd Calgary. He served as Senior Mining Analyst at Yorkton Securities Inc in Vancouver from 1991 to 1997.
Edward Flood comes with 35 years of experience in the mining industry before appointed as Director was Deputy Chairman of Invanhoe Mine Ltd. Mr. Flood has extensive experience in mining and investment banking.
Mercer Gold also recently announced additional surface sampling results from its recently completed mapping and sampling at the Guayabales Gold Project, located in the Marmato Gold District of Colombia. Marmato is known to have mineral reserves. Mercer Gold had previously announced results from 63 surface samples taken in the course of 1:5000 scale mapping of the surface at the Guayabales Gold Project. Results have been received for the final 18 samples with 4 samples being of special interest. Assay results ranged from 0.02 to 2.39 g/t for gold and <0.2 to 1782 g/t for silver. Samples GB 64, 76, 77 and 78 all reported gold assay values in excess of 1 g/tonne. Sample GB 77 also reported in excess of 50 ounces of silver per tonne (57.3 oz/ton). These results are encouraging considering they are from various parts of the property that were unexplored. I'm looking forward to seeing the results from our geochem program that ran across the entire property at 100-meter spacing. All of this work is in anticipation of a 5,000 meter drill program tentatively scheduled to begin October 15th, 2010, says Rahim Jivraj, President.
Over the past decade Colombian mining activity has grown significantly in production volume and value, and exports. The share of the mining GDP (% of total GDP) has grown from 1.8 per cent in 1996 to 2.7 percent in 2005 thanks to the growing development of coal mining and, to a lesser degree, of precious metals and ferronickel mining. Foreign investors such as Drummond, BHP Billiton, Glencore, Amcoal and Rio Tinto, have undertaken large-scale projects in Colombia.
Mercer Gold Corporation is focused on gold exploration and resource definition in Colombia. The Company acquired the prospective Guayabales Project, located in the Marmato Gold District, Department of Caldas in 2010. Mercer is exploring the Guayabales property and is seeking to acquire additional prospective gold properties in Colombia.
Mercer Gold Corporation is focused on gold exploration and resource definition in Colombia. The Company acquired the prospective Guayabales Project, located in the Marmato Gold District, Department of Caldas, earlier in 2010. Mercer is exploring the Guayabales property and is seeking to acquire additional prospective gold properties in Colombia. Mercer Gold Corporation benefits from a veteran group of senior managers with years of working hand on in the mining industry in South America. Along with the core group of directors, the Company has a strong group of advisors and directors who oversee the forward development of its projects.
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Questions and Answers
MERCER GOLD CORP is focused on gold exploration and resource definition in Colombia.
MERCER GOLD CORP recently reported results from 63 surface samples taken in the course of 1:5000 scale mapping of the surface at the Guayabales Gold Project.
Mercer Gold Corporation announces the completion of its soil geochemical sampling program at its Guayabales Gold Project in the Marmato Gold District of Colombia.
Mercer Gold Corporation acquired the prospective Guayabales Project, located in the Marmato Gold District, Department of Caldas, earlier in 2010.
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