VANCOUVER, Aug. 2 /CNW/ - The Board of Directors of Network Exploration
Ltd. (the "Company") (TSX.V: NET.H) is pleased to announce the appointment of
Mr. Robert Friesen to the Company's Board of Directors.
Mr. Friesen is a prominent mining consultant having over 40 years of
mining and exploration experience. He has served several major and junior
corporations, including five years with Teck Exploration Ltd. and 17 years
with the Noranda group. Mr. Friesen has extensive experience in underground
and open pit mining operations, mine area exploration, and the development of
projects from pre-feasibility through production.
During his term with Teck Exploration, Mr. Friesen served as Project
Geologist at the Alaskan Niblack joint venture project and the Alaskan Pogo
Mine (gold) feasibility project. With the Noranda group, he served as Chief
Geologist of Ontarios's Geco Mine (copper, zinc, silver) and as Chief
Geologist at the Samatosum Mine (silver, copper, lead, zinc, gold) located in
Mr. Friesen has worked with a number of multi-scaled open pit and
underground mining projects including British Columbia's Mount Copeland Mine
(molybdenite), Ontario's Golden Giant Mine (gold), Ontario's Musselwhite Mine
(gold), Australia's Frances Creek Mine (iron), Fiji's Emperor Mine (gold), and
most recently at an advanced copper-gold exploration program in the Afton camp
in British Columbia. Several of these projects began at pre-feasibility and
developed into producing mines.
Mr. Friesen will join the Board of Directors of the Company to provide
critical input into the development and exploration of its Caldera copper-gold
project in Chile and its Pistala copper project in Peru; additionally,
Robert's extensive experience will provide valuable input into corporate
strategy, property sourcing, and project acquisition.
Mr. Alexander Helmel, President states: "We welcome and look forward to
working with Mr. Friesen as we are confident that his knowledge and experience
will be an asset to the Company's Board of Directors."
Network Exploration Ltd. is a mineral exploration Company committed to
building shareholder value through the acquisition of base and precious metal
properties in North and South America.
ON BEHALF OF THE BOARD OF DIRECTORS
THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE. This news release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. All statements, other than statements
of historical fact, included herein are forward-looking statements that
involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially
from the Company's expectations are disclosed in the Company's documents
filed from time to time with the British Columbia Securities Commission
and the United States Securities & Exchange Commission.
For further information:
For further information: contact the company at (604) 638-7363 (toll
free (866) 637-5138) or visit the Company's website: