Stock Symbol: SGF: TSX
SASKATOON, Oct. 6 /CNW/ - George H. Read, P. Geo., Senior Vice President
Exploration and Development, is pleased to welcome Ms. Jane Danoczi as
Manager, Process Design to the Project team. In her role with Shore, Jane will
be responsible for the detailed design of the diamond processing plant
associated with the Star Diamond Project and the potential Orion South
Ms. Danoczi holds degrees in physics, applied mathematics and a Masters
degree in Engineering. She spent a decade with De Beers in South Africa,
during which she evaluated and recommended improvements to diamond recovery
techniques. In addition, Ms. Danoczi has operated her own consultancy since
2001, specializing in assessing diamond processing technology and identifying
Ms. Danoczi has authored registered patent submissions, designed
equipment and researched, written and presented work concerning diamond
recovery. Ms. Danoczi brings a unique set of skills to Shore and joins a team
of experienced mining personnel including Pieter Du Plessis, with over 19
years diamond mining and exploration experience internationally; Tony French,
whose experience includes diamond mining at Orapa Mine in Botswana; Bill Van
Breugel, who has 26 years combined experience as a miner or mining engineer,
and various other Shore personnel with mining operations experience.
Senior Vice President Exploration and Development, George Read, states:
"We are pleased to welcome Jane to our Project team as her specialist
experience with diamond recovery plants will allow us to fast track the design
of a highly efficient diamond recovery system."
Shore is a Canadian based corporation engaged in the acquisition,
exploration and development of mineral properties. Shares of the Company trade
on the TSX Exchange under the trading symbol "SGF".
Caution Regarding Forward-Looking Statements
From time to time, Shore makes written or oral forward-looking statements
within the meaning of certain securities laws, including the "safe harbour"
provisions of the Ontario Securities Act and the United States Private
Securities Litigation Reform Act of 1995. Shore may make such statements in
this press release, in other filings with Canadian regulators or the United
States Securities and Exchange Commission, in reports to shareholders or in
other communications. These forward-looking statements include, among others,
statements with respect to Shore's objectives for the ensuing year, our medium
and long-term goals, and strategies to achieve those objectives and goals, as
well as statements with respect to our beliefs, plans, objectives,
expectations, anticipations, estimates and intentions. The words "may,"
"could," "should," "would," "suspect," "outlook," "believe," "plan,"
"anticipate," "estimate," "expect," "intend," and words and expressions of
similar import are intended to identify forward-looking statements. In
particular, statements regarding Shore's future operations, future exploration
and development activities or other development plans contain forward-looking
All forward-looking statements and information are based on Shore's
current beliefs as well as assumptions made by and information currently
available to Shore concerning anticipated financial performance, business
prospects, strategies, regulatory developments, development plans,
exploration, development and mining activities and commitments. Although
management considers these assumptions to be reasonable based on information
currently available to it, they may prove to be incorrect.
By their very nature, forward-looking statements involve inherent risks
and uncertainties, both general and specific, and risks exist that
predictions, forecasts, projections and other forward-looking statements will
not be achieved. We caution readers not to place undue reliance on these
statements as a number of important factors could cause the actual results to
differ materially from the beliefs, plans, objectives, expectations,
anticipations, estimates and intentions expressed in such forward-looking
statements. These factors include, but are not limited to, developments in
world diamond markets, changes in diamond valuations, risks relating to
fluctuations in the Canadian dollar and other currencies relative to the US
dollar, changes in exploration, development or mining plans due to exploration
results and changing budget priorities of Shore or its joint venture partners,
the effects of competition in the markets in which Shore operates, the impact
of changes in the laws and regulations regulating mining exploration and
development, judicial or regulatory judgments and legal proceedings,
operational and infrastructure risks and the additional risks described in
Shore's most recently filed Annual Information Form, annual and interim MD&A
and short form prospectus, and Shore's anticipation of and success in managing
the foregoing risks.
Shore cautions that the foregoing list of factors that may affect future
results is not exhaustive. When relying on our forward-looking statements to
make decisions with respect to Shore, investors and others should carefully
consider the foregoing factors and other uncertainties and potential events.
Shore does not undertake to update any forward-looking statement, whether
written or oral, that may be made from time to time by Shore or on our behalf.
For further information:
For further information: Joseph Dickson, Investor Relations Manager at