VANCOUVER, Feb. 15, 2012 /CNW/ - Gold Mountain Mining Corporation (TSX-V:GUM) (the "Company" or "Gold Mountain") announces the appointment of Chris McLeod as the President & Chief Executive Officer of Gold Mining Corporation.
Mr. McLeod has spent more than 27 years in senior management positions in Canada, USA, Russia, Europe and Asia. Mr McLeod is a senior executive with proven leadership, team-building skills with an international track record of success. Chris was most recently the CEO and member of the Board of Directors for Borets-Weatherford, a major international oil services company. Previously, Chris spent 20 years with Schlumberger involved in mergers and acquisitions, business development, operations, and marketing. Chris has startup operations project experience as well as merger and acquisitions experience in a wide variety of geo-political environments.
Chris obtained Bachelors and Masters Degrees in Engineering from the University of British Columbia and he is a registered Professional Engineer in the province of British Columbia.
"We are extremely pleased to have a person of Chris's stature join our Gold Mountain team. Chris has extensive experience in business, management and start-up operations that will expedite the development plans for the existing Elk property. In addition, Chris's background and experience will help focus our efforts to pursue other near term precious metal production assets as we move towards becoming a mid-tier gold producer".
About Gold Mountain Mining
Gold Mountain is a new public resource company managed by an experienced team of professionals with a solid track record of exploration and development success. The Company owns 100% of the 16,700 hectare Elk Gold property, which it intends to develop into a precious metal producer within the next two years, and is also seeking additional near term production assets to further build shareholder value. Additional information is available at www.sedar.com or on the Company's website at www.aumtn.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
ON BEHALF OF THE BOARD
Jim O'Rourke, Chairman of the Board
Forward-Looking Statements: This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding the closing of further tranches of the Offering, the use of proceeds from the Offering and the Company's plans with respect to the exploration and development of its projects. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
For further information:
please contact James O'Rourke, Chairman, or Rod Shier, Chief Financial Officer, of Gold Mountain Mining Corporation, at 604 558-4653.