VANCOUVER, Jan. 16, 2012 /CNW/ - Elgin Mining Inc. ("Elgin Mining") (TSX-V: ELG) is pleased to announce the appointment of Mr. Peter Tam as Chief
Financial Officer, effective January 16, 2012.
With the Company's corporate office relocating from Toronto to
Vancouver, Mr. Tam has succeeded Mr. Brian Morales, who will continue
to provide certain services as a consultant to the Company. The Board
of Directors would like to thank Mr. Morales for his contributions to
the Company, especially during and post the acquisition of the Lupin
gold mine and Ulu gold project.
Mr. Tam was previously Vice-President, Finance, with Aura Minerals Inc.
which he joined in 2009. From 2000 to 2009, he held senior financial
management positions with various companies involved in the software,
real estate, pulp and paper, and mining sectors, including Thompson
Creek Metals Company Inc. where he was Treasurer. Prior to that, he
worked in the assurance and tax advisory groups of KPMG LLP for seven
years. Mr. Tam holds a Bachelor of Commerce degree (Hons) from the
University of British Columbia, and is a Chartered Financial Analyst
charterholder and a member of the Canadian Institute of Chartered
Commenting on this recent appointment, Mr. Patrick Downey, President and
CEO of Elgin Mining Inc. stated, "We are very pleased to have been able
to attract a person of Peter's calibre and experience to our team. I
am confident that his expertise will be of value as we advance the
Lupin and Ulu projects. We also wish to extend our sincere thanks to
Brian who has been a key player in the development of the Company to
date. We wish him every success in his future endeavours and look
forward to his continuing involvement with Elgin Mining."
Elgin Mining Inc.
Elgin Mining is a Canadian based company focused on the exploration and
development of the Lupin gold mine and Ulu gold project, both located
in Nunavut Territory, Canada. In addition, the Company's portfolio
includes a 35% interest in Auracle Resources, which is exploring the
Mexican Hat property in Arizona, and an exclusive right and option to
earn a 60% interest in Lincoln Mining's Oro Cruz (California) and La
Bufa (Mexico) gold projects. Elgin Mining will also selectively review
opportunities to add advanced stage development projects to its
portfolio. For further information, please visit Elgin Mining's web
site at www.elginmining.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE Elgin Mining Inc.
For further information:
Elgin Mining Inc.
President & Chief Executive Officer
Tel: (604) 682-3366
Fax: (604) 682-3363