VANCOUVER, Jan. 20, 2014 /CNW/ - Rathdowney Resources Ltd. ("Rathdowney"
or the "Company") (TSXV: RTH) reports on plans for its flagship Olza
Zinc-Lead-Silver Project in southwest Poland. Following a successful
first phase focused on assessing the resource potential at Project
Olza, the Company has assembled an experienced team of in-country
experts and project management specialists to guide the project through
permitting and toward development.
Robert Konski is President of Rathdowney Polska, Rathdowney's wholly-owned
subsidiary, and will lead government relations and the project team.
With over 25 years' experience as an executive and a strategic advisor
to management of public and private companies and government in Poland,
Mr. Konski has overseen energy and infrastructure projects as well as
diverse financial services, including restructuring activities. In the
five years prior to joining Rathdowney, he was Management Board Advisor
to several key firms including Polska Grupa Energetyczna, Poland's
largest public utility, and Kulczyk Holding, one of the largest
privately held holdings in Central Europe with assets in economic
sectors such as energy, brewing, automotive, oil and gas exploration,
transport and logistics and real estate. From 2002 to 2008, he was the
Country Manager and then the Regional Director of Euronet Worldwide,
Inc. provider of secure electronic financial transaction solutions to
banks, where he was able to make Poland the single largest market and
revenue operator for the company. Earlier in his career, he was the US
Treasury Advisor to Minister of Finance, where he advised on financial
sector restructuring and London Club negotiations and relations with
international financial institutions. Mr. Konski holds a B.A. in
International Relations from Tufts University, and an M.P.A. from the
JFK School of Government at Harvard University.
Barbara Chammas is Manager, Community Relations and Environment and a member of the
Board of Rathdowney Polska. A professional with over 10 years'
experience in public consultation and water management, Ms. Chammas
directs on-the-ground stakeholder and environmental programs for
Project Olza. Prior to joining Rathdowney in 2011, she was Manager of
Public Communication for the Regional Water Management Authority in
Krakow, coordinating public participation in the process of developing
river basin management plans. During this time she was national Leader
of the Working Group for Public Consultation and regional Leader of the
Public Participation Group. For two years, she was the Water Management
Specialist in the Department of European Integration and Water
Framework Directive, responsible for adaptation of legal and
institutional aspects of water management plans. Ms. Chammas has a
Master Degree in Environmental Engineering and a Certificate in
Mid-Management and Business Administration.
The Poland-based team is supported by advisors from Hunter Dickinson
Inc. ("HDI") and Rathdowney who have extensive experience in advancing
technical programs and permitting of projects for Canadian and European
Lena Brommeland is General Manager, Poland. Ms. Brommeland has a degree in geology and
more than 20 years' experience in all aspects of large-scale mineral
project management, leading key projects such as Pebble and Niblack in
Alaska and Prosperity in BC for HDI-associated companies. She manages
on-site technical programs, co-ordinates environmental planning and
permitting, and develops community relations activities for exploration
and feasibility-level projects in the HDI group, and has overseen
activities in Poland for the past three years.
Doug Nicholson is Senior Project Development Manager, Poland. Mr. Nicholson has a
degree in mining engineering and more than 25 years of experience in
mining project management, development and operations. He has directed
and supported engineering, permitting and construction on a number of
major mining projects, most recently as President and General Manager
of the feasibility-stage Donlin Gold Project, a NovaGold/Barrick joint
venture, providing leadership to the Project Senior Management Team
encompassing engineering, environment, permitting, geology, camp
operations and administration. Mr. Nicholson has also extensive
experience in stakeholder relations with communities and government.
David Furlong is Co-General Manager, Poland. Mr. Furlong is a certified geologist
with a degree in Exploration and Mining Geology, and over 15 years
international experience, principally in gold, base metal and diamond
exploration and production. His background includes the design and
implementation of programs to advance projects from exploration to
development scenarios. He also has significant operational experience
having spent a number of years as mine geologist. He has overseen
exploration activities, permitting initiatives, and co-managed
development data gathering for Rathdowney and its predecessor private
company in Ireland and Poland since 2007.
"In the wake of successfully completing the first phase of work at
Project Olza last year, the Company initiated activities to advance
project evaluation and permitting as outlined for projects in Poland.
The management team has been assembled to lead government and community
engagement efforts as well as technical studies during this phase,"
said President and CEO David Copeland. "As President of our subsidiary
in Poland, Robert Konski leads the team and reports directly to me.
Robert's background in government and the private sector with a
demonstrated ability to successfully do business in Poland will be
invaluable to the project. He will have excellent support from this
Rathdowney Resources Ltd. is an exploration and development company
focused advancing the Olza Zinc-Lead-Silver Project in Poland.
Rathdowney is associated with Hunter Dickinson Inc. ("HDI"), a
diversified, global mine development company with a 25-year history of
mineral development success. From its head office in Vancouver, Canada,
HDI applies its unique strengths and capabilities to acquire, develop,
operate and monetize mineral properties that provide consistently
superior returns to shareholders.
On behalf of the board of directors
David J. Copeland
President and CEO
Neither the 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.
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address exploration drilling,
exploitation activities and events or developments that the Company
expects, are forward looking statements. Although the Company believes
the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially
from those in the forward-looking statements. Factors that could cause
actual results to differ materially from those in forward-looking
statements include market prices, potential environmental issues or
liabilities associated with exploration, development and mining
activities, exploitation and exploration successes, continuity of
mineralization, uncertainties related to the ability to obtain
necessary permits, licenses and title and delays due to third party
opposition, changes in government policies regarding mining and natural
resource exploration and exploitation, continued availability of
capital and financing, and general economic, market or business
conditions. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments may
differ materially from those projected in the forward-looking
statements. For more information on the Company, investors should
review the Company's continuous disclosure filings that are available
SOURCE: Rathdowney Resources Ltd.
For further information:
For further details on Rathdowney and its projects, visit www.rathdowneyresources.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.