SPOKANE VALLEY, WA, April 15 /CNW Telbec/ - Revett Minerals Inc.,
("TSX-RVM") ("Revett" or the "Company") is pleased to announce the appointment
of Tim Lindsey as Chairman of the Board of Directors.
Mr. Lindsey has over 30 years of technical and executive leadership
expertise in global exploration, production and business development. Mr.
Lindsey has been the owner and principal of Lindsey Energy and Natural
Resources, an independent consulting firm located in Houston. He is the
founder and President/CEO of Canadian Sahara Energy Inc. and also serves as a
Director for Rock Energy Resources, Daybreak Oil and Gas and Challenger
Energy, all public companies active in exploration and production. Originally
from Troy, Montana, he holds a Bachelor of Science Degree, Geology from
Eastern Washington University and completed his graduate studies in Economic
Geology at the University of Montana. Early in his career, Mr. Lindsey
conducted and supervised core-drilling and exploration field work on the Troy
and Rock Creek projects. Mr. Lindsey's appointment as Chairman of the Board of
Directors is subject to TSX approval.
In addition, Louis Gignac has resigned from the Board of Directors due to
the demands of his role as Project Executive for the Essakane project in West
John Shanahan, President and CEO stated: "We are extremely pleased with
the addition of Mr. Lindsey to our Board of Directors. Tim is an accomplished
leader and his in-depth knowledge of the Troy and Rock Creek projects make him
an ideal choice to lead our Board. Tim joins us at an opportune time as we
build upon the recent operational successes at Troy and the improving global
metals markets." Mr. Shanahan went on to say: "We wish to thank Louis for his
significant contribution to the company and understand his decision to resign
in order to focus his full attention on other endeavors.".
Revett Minerals, through its subsidiaries, owns and operates the
currently producing Troy Mine and development-stage Rock Creek Project, both
located in northwestern Montana, USA. These projects host significant copper
and silver mineral reserves and resources and will form the basis of our plan
to become a solid mid-tier base and precious metals producer. Revett plans on
expanding production through exploration in and around its current properties,
as well as through targeted business combinations of advanced stage projects.
President & CEO
Except for the statements of historical fact contained herein, the
information presented in this press release may contain "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. Although Revett Minerals has attempted to identify important factors
that could cause actual results to differ materially, there may be other
factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be accurate as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements.
For further information:
For further information: Doug Ward, VP Corporate Development; Monique
Hayes, Corporate/Investor Communications, (509) 921-2294;