VANCOUVER, Jan. 24, 2012 /CNW/ - Robert L. Card, President of Gulfside
Minerals Ltd. ("Gulfside" or the "Company"), is pleased to report the Company has
appointed Phillip Thomas, BSc., MBus., MAIG., to the office of Vice
President, Exploration effective immediately. His key responsibility
will be advising the board on its exploration strategy and assisting
with its execution.
Mr. Thomas is a mining industry professional with extensive experience
in board, executive and senior-level roles. The Rincon and Vallenar
projects demonstrate his ability and experience at quickly bringing to
commercialization early-stage exploration projects, as well as solving
technical problems in the exploration and mining process, with his keen
understanding of geophysics and iron ore.
Mr. Thomas is a senior officer of Vallenar Iron Company, Chile
("Vallenar"). He has been involved with the Vallenar's magnetite iron
ore project since inception in February 2005, when he was the CEO of
Melbourne-based, Admiralty Resources NL ("Admiralty"), a
publicly-listed company on the Australian Stock Exchange (ASX:ADY). A
pilot plant was constructed in 2006 and full-scale production commenced
in 2007. From 2003 to 2008, while Mr. Thomas was Managing Director of
Admiralty, he was responsible for several other projects, including a
lithium deposit in Argentina (Rincon), a lead zinc deposit in Northern
Territory (Bulman), and a cobalt nickel deposit in Western Australia
From 1999 to 2003, Mr. Thomas ran his own business and worked for
clients in a range of mining projects providing exploration, risk,
financial modeling and ore reserve services. Prior to that, he worked
as a consultant for a major international actuarial consulting firm,
and headed up at the Director-level, the retail division of a private
banking, stockbrokerage and financial advisory group. He was a part of
the team that raised the capital for and floated 22 companies on the
ASX. Prior to that, he worked for five years with Macquarie Bank in
investment banking, asset management and fixed interest.
Mr. Thomas holds a Bachelor of Science Degree in Geology from Australian
National University, and a Masters in Business Marketing from Monash
University, Australia. He holds a Certificate in Financial Analysis,
from the Australian Securities Institute, and is a member of the
Australian Institute of Geoscientists.
Mr. Thomas brings added strength to the Company's technical abilities in
the iron ore mineral sector as Gulfside focuses on its iron ore
On Behalf of the Board of Directors,
Gulfside Minerals Ltd.
"Robert L. Card"
Robert L. Card
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(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information:
Statements containing forward-looking information express, as at the
date of this news release, the Company's plans, estimates, forecasts,
projections, expectations, or beliefs as to future events or results
and are believed to be reasonable based on information currently
available to the Company. Forward-looking statements and information
are based on assumptions that financing and personnel will be available
when required and on reasonable terms, and all necessary regulatory
approvals and shareholder approval will be obtained, none of which are
assured and are subject to a number of other risks and uncertainties.
There can be no assurance that forward-looking statements will prove to
be accurate. Actual results and future events could differ materially
from those anticipated in such statements. Readers should not place
undue reliance on forward-looking information.
SOURCE Gulfside Minerals Ltd.
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