LONDON, Sept. 19, 2011 /CNW/ -- Tuffnell Ltd. (Tuffnell or "the Company") (OTC Bulletin Board: TUFF) is pleased to announce that Mr. Robert Coale has been appointed as President, Chief Executive Officer and to the Board of Directors.
Mr. Coale graduated from the Colorado School of Mines with his Met.E. in 1963, the University of the Witwatersrand with his MSc. (Metallurgical Engineering) in 1971, and the University of Minnesota with his MBA in 1982. He has been directly employed in the mining industry in a variety of technical and management roles for over 45 years. These include project metallurgist for Bougainville Copper and AMAX Mining, chief metallurgist for Getty Minerals, technical Director for Mine Reclamation Corporation, President of Yuma Copper Corporation.
Currently Mr. Coale is a Director and President of Patriot Gold Corp., he is a Director of Rush Metals Corp. and Giant Oil & Gas Inc. He is also technical advisor to Premium Exploration, Inc. Previously, Mr. Coale has been a Director of American Goldfields Inc. and Francisco Gold Corp. Mr. Coale is a Registered professional Engineer for the State of California.
Commenting on his appointment, Mr. Coale stated, "I look forward to working with the Board of Directors. Based on my experience, I am confident that we will continue to develop the Little Butte Project and take it to the next level. On behalf of the company I would like to thank Mr. Dory for his past tenure and wish him continued success in his future endeavours."
Mr. Dory, past President commented, "In Developing a junior mining exploration company, we recognize that, from time to time, changes to management are crucial in fostering continued growth and investment in the Company. It has been my pleasure to bring Little Butte this far along in its early development. I believe that Mr. Coale, as a result of his many years of dedication, experience and insight, will assist Tuffnell in being successful and building shareholder value through the exploration of little Butte."
Shareholders and the public are encouraged to visit www.tuffex.com for more information and to request an Investor Package.
About The Company
Tuffnell Ltd. (OTC BB: TUFF) is a mineral exploration company focused on maximizing returns for its shareholders by exploring and developing low-cost gold assets in proven mining districts. With a focus primarily on the State of Arizona, Tuffnell Ltd. has put together a team of highly qualified, strongly motivated individuals with the experience required to advance our corporate vision. Based on geological potential, infrastructure proximity, and previously undertaken exploration, Tuffnell Ltd selects properties of merit so as to provide its shareholders with the highest probability of success. The company's main property, known as Little Butte, is located in La Paz county Arizona and has previous exploration history indicating that resources are present and the prospect for economic recovery of gold support management's decision to proceed with further exploration. Tuffnell Ltd. holds a 100% option to 85 unpatented mining claims and 7 patented claims. Total Land holdings including patented claims total 1,840 acres or 2.88 square miles. The Little Butte project lies in the historic Plomosa District, 20 miles north of the town of Quartzite, Arizona and approximately 150 miles southeast of Las Vegas, Nevada. Based solely on historical records and drilling data from the former claim holder, the Company believes its property has the potential to host up to 1.0 million oz of gold. Little Butte is located in the world famous Walker Lane Gold Trend. The Walker Lane gold belt has historically produced over 50 million ounces of gold and 400 million ounces of silver.
Safe Harbour Statement:
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
The forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports; the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in the company's filings with the Securities and Exchange Commission, and may be accessed through the SEC's website at www.sec.gov.
CONTACT: Investor Relations 1-800-459-0794
SOURCE Tuffnell Ltd.
For further information: Web Site: www.tuffex.com