Klondex V.P. Exploration, Ted Wilton, Resigns to Join Uranium Resources as VP and Chief Geologist
02 Abril 2012 - 6:45PM
Business Wire
Klondex Mines Ltd. (TSX: KDX), a Nevada gold exploration and
development company, today announced that Vice President,
Exploration, Dean T. “Ted” Wilton, has resigned from Klondex to
join Uranium Resources, Inc. (Nasdaq: URRE) as Vice President and
Chief Geologist.
Until a new VP, Exploration is appointed, Klondex’s exploration
program will be directed by Chief Geologist, James Balagna; Senior
Underground Geologist, Steve McMillin; and Consulting Geologist,
Richard Kern. Messrs. Balagna, McMillin and Kern have substantial
Nevada gold exploration experience and have overseen elements of
Klondex’s Fire Creek exploration program since 2007, 2011 and 2004,
respectively.
Klondex CEO, Blane Wilson, commented, “We are sorry to see Ted
leave after a brief tenure at Klondex, but we are confident our
Fire Creek exploration program remains in strong hands. This is a
great opportunity for Ted who is a co-founder, shareholder and
former Chief Geologist of Neutron Energy, a privately-held uranium
explorer and developer. Ted’s move reunites him with Neutron which
has agreed to be acquired by Uranium Resources. We wish him all the
best in his new role.”
This news release contains forward-looking statements, including
about current expectations on the timing of project development.
These forward-looking statements entail various risks and
uncertainties, are based on current expectations, are subject to a
number of uncertainties and risks, and actual results may differ
materially from those contained in such statements. These
uncertainties and risks include, but are not limited to, the
strength of the global economy; the price of gold; operational,
funding and liquidity risks; the degree to which mineral resource
estimates are reflective of actual mineral resources; the degree to
which factors which would make a mineral deposit commercially
viable are present; the risks and hazards associated with
underground operations. Risks and uncertainties about the Company’s
business are more fully discussed in the Company’s disclosure
materials filed with the securities regulatory authorities in
Canada and available at www.sedar.com. Readers are urged to read
these materials. Klondex assumes no obligation to update any
forward-looking statement or to update the reasons why actual
results could differ from such statements unless required by
law.
On Behalf of Klondex Mines
Ltd.Blane W. WilsonPresident & CEO
Klondex Mines Ltd. (AMEX:KLDX)
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