HALIFAX, Jan. 21, 2013 /CNW/ - On behalf of the Board of Directors of Stockport Exploration Inc. (TSX: SPT) (OTC: LMTCF) Wade K. Dawe, Chairman, is pleased to announce the appointment of Robert McKay as a Director of Stockport Exploration, effective January 21, 2013.
Mr. McKay is an accomplished entrepreneur, having successfully owned and operated businesses in the hospitality industry for over 25 years, where his proficiency in cost control and meticulous attention to detail has delivered long term success. Mr. McKay is currently the president of two private companies that have commercial and residential property interests in Northern and Southern Ontario and in Cabo San Lucas, Mexico. Mr. McKay received a Bachelor Of Arts Degree (Economics) from The University of Western Ontario and currently resides in Espanola, Ontario.
"Robert has been a significant investor of Stockport for some time", said Jim Megann, Stockport Exploration's President and CEO. "His investing and business acumen, as well as his strong investor perspective, will bring a positive dynamic to the Stockport Board".
About Stockport Exploration Inc.:
Stockport is focused on the exploration of a district-scale land package along a prolific gold-hosting greenstone belt in southwest Kenya. The 2,020 km2 property package has the potential to host multiple mineral deposits, including Lode-Au and Cu-Zn-Au-Ag massive sulphide types. Stockport also holds the La Morena Copper-Silver property in Coahuila, Mexico, the Seymour Lake Tantalum-Lithium-Beryllium property near Armstrong, Ontario, and the KM61 property, which hosts a 43-101 Compliant Molybdenum-Copper-Silver Resource, also near Armstrong, Ontario.
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 future production, reserve potential, continuity of mineralization, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes that 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. The likelihood of future mining at the Nyanza Project is subject to a large number of risks and will require achievement of a number of technical, economic and legal objectives, including obtaining necessary mining and construction permits, completion of pre-feasibility and final feasibility studies, preparation of all necessary engineering for pits and processing facilities as well as receipt of significant additional financing to fund these objectives, as well as funding mine construction. Such funding may not be available to the Company on acceptable terms or on any terms at all. There is no known ore at the Nyanza Project and there is no assurance that the mineralization at the Nyanza Project will ever be classified as ore. For more information on the Company and the risk factors inherent in its business, investors should review the Company's Annual Information Form at www.sedar.com
SOURCE: STOCKPORT EXPLORATION INC.
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