It certainly speaks to the quality of our Tanzanian properties that such a well respected geologist would choose to leave Capital Gold Corp. to join a private company like ourselves.
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Vancouver, BC (PRWEB) October 16, 2007
Kilimanjaro Mining Company Ltd. is pleased to announce that Dr. Roger Newell has joined as the newest member of its management team. Dr. Newell is renowned internationally for recognizing the potential of the Carlin Trend in Nevada. Under his direction Newmont Mining Company established new exploration programs in Nevada; this ultimately lead to Newmont becoming the 2nd largest gold producer in the world, with Nevada gold operations yielding over 1,000,000 ounces per year. His Gold Fields exploration team drilled the first holes into the Pipeline Gold Deposit, Nevada. He holds a M.Sc. from the Colorado School of Mines and a Ph.D. in mining and mineral exploration from Stanford University. He is a licensed Professional Geologist, a member of the Society of Mining Engineers, the Mining and Metallurgical Society of America, and a Fellow in the Society of Economic Geologists. He has more than thirty years of experience in the mining industry.
Roger Newell served as Vice President-Development and Board Member of Capital Gold Corp from 2000 to 2007. As such he was responsible for much of Capital Gold's engineering and business development at El Chante, Mexico. He also served as President (2000 to 2006) of Capital Gold's Mexican subsidiary, Minera Santa Rita. Dr. Newell will continue to serve on Capital Gold Board of Directors.
Prior to his time at Capital Gold, he served as Exploration Manager/Senior Geologist for the Newmont Mining Company; Exploration Manager for Gold Fields Mining Company and Vice President-Development, for Western Exploration Company.
"We are delighted to have Dr. Newell join Kilimanjaro. His extensive experience in both the field and the boardroom are a tremendous asset as we look to expand and develop our current portfolio of gold and uranium properties in Tanzania," stated Heidi Kalenuik, President of Kilimanjaro Mining (KMCI). "It certainly speaks to the quality of our Tanzanian properties that such a well respected geologist would choose to leave Capital Gold Corp. to join a private company like ourselves."
In other news, Kilimanjaro Mining also reports that Kenneth Baker has resigned as a Director due to health concerns. His guidance and experience was much appreciated by company officials and investors; he will remain a much valued adviser to the company.
Kilimanjaro Mining Company (http://www.kilimanjarominingcompany.com) is a Nevada based private company that has acquired over 40 gold licenses in the Lake Victoria Greenstone Belt area of Tanzania and 64 uranium licenses in central and southern Tanzania totaling close to 6 million acres.
Through its multiple joint ventures, the Kilimanjaro Mining Company business model significantly reduces risk while maintaining a large stake in the lucrative gold and uranium resource industry.
Kilimanjaro Mining Company Ltd.
Sean Mackenrot, Investor Relations
info @ kilimanjarominingcompany.com
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