VANCOUVER, Feb. 8 /CNW/ - Calico Resources Corp (formerly Cobre
Exploration Corp.) (TSX-V: CKB) (the "Company") is pleased to announce
the following changes and appointments to the leadership team. "The
leadership additions enacted by the Board add depth to the management
team, are key to the execution of the Company's strategy and reunited a
team with a proven track record of exploration, development and
operational success" said Mr. Arden Morrow, Executive Chairman. The
changes are detailed below.
Mr. Allan Williams has resigned as President of the Company and Mr.
David McCue has resigned as Corporate Secretary. Calico Resources is
delighted that Mr. Williams will remain on the Board of Directors. We
sincerely appreciate their services and contributions during the
Company's recapitalization and graduation to Tier 2.
Mr. William S. Wagener, currently Chief Operating Officer, has been
appointed to the positions of President and Chief Executive Officer of
the Company. Mr. Wagener served the Company well as COO and we are very
pleased to have him take the lead at Calico Resources. Mr. Wagener was
most recently, employed by Northland Resources as the CFO/Business
Manager from 2005 to 2007 and as COO of the European Operations until
July 2010. Previously, Mr. Wagener worked for Atlantic Richfield
(ARCO) for 19 years where he held various engineering, supervisory and
executive positions at a number of underground and surface coal
operations in the US and internationally. During the last five years
of his ARCO career, Mr. Wagener served as the President of ARCO Coal
Australia Inc. and was located in Brisbane, Australia. The Australian
operations consisted of two surface mines and one underground mine
which produced a combined 20 million tonnes of coal per year in total.
He earned a B.Sc. in Mining Engineering from the University of Missouri
Mr. Vance V. Thornsberry has accepted the position of Vice President of
Exploration. He is a Registered Professional Geologist with over 35
years of domestic (US) and international experience in the mining and
exploration industry. Mr. Thornsberry has held executive, managerial
and technical roles for a number of companies. He has a strong
technical background in both precious and base metals and his expertise
ranges from early stage exploration through production. Mr. Thornsberry
has been a contributing team member of three precious metal
discoveries. Most recently he was employed by Northland Resources as
Vice President of Exploration, where he was instrumental in the
identification, acquisition and exploration of the Pajala Shear Zone
IOCG properties in Sweden and Finland, a 1B tonne iron resource that is
currently proceeding to development. Mr. Thornsberry is currently on
the board of Timberline Resources Corp and is a member of the SME, SEG,
NWMA, a PG in the states of WA and WY and a QP in Canada.
Miss Terri Anne Welyki has been promoted to Vice President of Corporate
Development. Miss Welyki has over 10 years experience working with
publicly listed companies across various industries and has a proven
record in sales and project management. Her experience spans multiple
domains, including business ownership, management and administration in
high-tech, financial sector, and also media work related to the sports
industry. Her network includes well developed contacts in North
America, South America and Europe.
Calico Resources Corp is confident that these management additions and
changes will accelerate the execution of the Company's strategy to
acquire a pipeline of quality assets ranging from near term production
In behalf of the Board,
"Mr. Arden Morrow"
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE CALICO RESOURCES CORPORATION