/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
TORONTO, Nov. 10 /CNW/ - Cline Mining Corporation ("Cline Mining" or the "Company") (TSX:CMK). Cline Mining is pleased to announce the appointment of Mr. Dennis Z. Mraz, P.Eng. to the position of Executive Vice President and Chief Operating Officer of the Company.
Mr. Mraz has more than 30 years management, operational, professional and business experience, including General Management, Operational Management and Project Management, in major mining companies at senior levels in Canada, the United States and Europe. A Registered Professional Mining Engineer, and a Qualified Person for the purposes of National Instrument 43-101, he has managed coal and other mines with up to 1,500 employees. Engineering experience includes underground and open pit coal mining, civil, geotechnical, structural, process and equipment design. Dennis also previously served as Vice President &General Manager for the 6 million annual tonne Quintette (Denison) coal mine in northern British Columbia; General Manager of 2.5 million annual tonne Luscar Sterco coal mine and plant in Western Canada; Operations Manager of 1.2 million annual tonne Quinsam (Hillsborough) underground coal mine in western British Colombia; Engineering Manager, Mining Manager and Operations Manager for 4 million product tonne underground potash mine and plants of International Minerals & Chemical Corporation in Saskatchewan. Dennis has extensive experience in the Management, development and operation of both underground and surface coal mines, as well as a mining consultant in Canada and the U.S.
Mr. Mraz will be responsible for the management and direction of all Cline Mining operations.
About Cline Mining
In addition to New Elk Coal, Cline has significant additional metallurgical coal property interests in British Columbia, Canada with NI 43-101 compliant independent Technical Reports. The total NI 43-101 reported measured, indicated and inferred coal in the Cline Canadian coal resources and in New Elk Coal exceeds 800 million tonnes. Cline Mining Corporation is a mine development company focused on the exploration and development of metallurgical steel making coals in Canada and the U.S. iron ore in Madagascar and gold in northern Ontario, Canada.
CLINE MINING CORPORATION
Ken Bates, President and Chief Executive Officer
Forward Looking Information
This news release may contain forward-looking statements (including "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995) concerning the fact that the Gold Property contains mineralized lens that can support a medium sized mining operation based on the Report. Information relating to the magnitude or quality of mineral deposits is deemed to be forward-looking information. The timing of drilling and work recommended by the Report is based on current internal expectations which may prove to be incorrect. Other risk factors are discussed under "Risk Factors" in Cline's 2008 Annual Information Form, and include management's ability to anticipate and manage risk factors. Such forward-looking statements necessarily involved known and unknown risks and uncertainties that are common to junior mineral exploration companies. These risks and uncertainties include, among other things, the Company's need for additional funding to continue its exploration efforts, changes in general economic, market and business conditions, and competition for, among other things, capital and skilled personnel. These statements are not a guarantee of future performance and undue reliance should not be placed on them. The Company undertakes no obligation to update or revise any forward-looking statements except as required by applicable securities laws.
Copies of the Company's Canadian public filings are available at www.sedar.com. The Company further cautions that information contained on, or accessible through, this website is current only as of the date of such information and may be superseded by subsequent events or filings.
This Press Release, required by applicable Canadian laws, is not for distribution to U.S. News Services or for dissemination in the United States, and does not constitute an offer the securities described herein. The securities referenced herein have not been registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.
Head Offices: Toronto Office: TD Canada Trust Tower, 161 Bay Street, 27th Floor, Toronto, ON M5J 2S1 / Vancouver Office: Suite 2950 - 650 West Georgia Street, Vancouver BC V6B 4N8
SOURCE Cline Mining Corporation
For further information: For further information: Ken Bates, President and CEO; Ernest Cleave, Vice-President and CFO; Office: (416) 572-2002, Email: firstname.lastname@example.org, Website: www.clinemining.com