VANCOUVER, BRITISH COLUMBIA, Aug 11, 2011 (MARKETWIRE via COMTEX) — Galore Resources Inc. is pleased to announce the appointment of Mr. Terry Brown, B. Sc. Geology as the Company’s Vice President Exploration and NI 43-101 Qualified Person. Mr. Brown has more than 25 years experience in exploration, development and mining in North and South America. Mr. Brown has spent most of his career working in Mexico, is a member of the AIPG and is a Certified Professional Geologist.
Mr. Brown graduated in 1983, with a Bachelor of Science in Geology from the New Mexico Institute of Mining & Technology, BSc. Geology, and started his career with over nine years at Glamis Gold in USA and Chile. He has held various positions in Mexico including Project Manager with Eldorado Gold, Alamos Minerals and VP Exploration for Duran Gold. For the past five years, Mr. Brown worked as VP Operations with Metalline Mining Co.
“We are very excited to be adding Mr. Brown’s strong background in evaluation and acquisitions in Mexico. His diversified knowledge of geology, mining and feasibility studies, business culture in Mexico as well as his fluency in Spanish will add considerably to Galore’s management team. We are especially enthusiastic that Mr. Brown has worked on properties with similar geology and proximity to Galore’s Dos Santos project in Zacatecas State, Mexico,” said Michael Byrne, President of Galore.
Galore’s 15,960 hectare Dos Santos project is located in the historic Concepcion del Oro district of Zacatecas State, Mexico. The Dos Santos property is host to several promising gold targets, adjoins Goldcorp’s Camino Rojo Gold discovery and is 35 kilometers southeast of Goldcorp’s massive Penasquito mine. Galore recently announced promising gold results identified in an exploration program announced on June 1, 2011 and the company has confirmed El Alamo as its main target for this next phase of exploration.
The Company’s former VP of Exploration, Mr. Uwe Schmidt, P. Geo. has been appointed to Galore’s Advisory Board and we look forward to his continued contribution to the Company.
In addition, Galore announces the grant of an aggregate 400,000 incentive stock options to an officer of the Company, in accordance with the Company’s Stock Option Plan, exercisable at a price of $0.13 for a period of five years from the date of issuance.
Galore Resources is a British Columbia-based exploration company that has assembled a leading group of industry professionals to acquire and explore for promising deposits in Mexico and British Columbia.
Michael Byrne, President
Cautionary Note Regarding Forward-Looking Information: The Company expressly warns readers not to rely on the information herein for investment or other related purposes. Accordingly, any use of this information is at your own risk and without liability to the company. The information contained herein is not, and under no circumstances is to be construed as either a public or a private offer or solicitation to purchase securities in the capital stock of Galore Resources Inc. The reader is referred to his/her professional investment advisor regarding investment or related decisions respecting the securities of the company. No securities commission or similar regulatory authority has passed on the merits of or reviewed the information contained herein.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Galore Resources Inc.
Erica C Bearss, MBA, Vice President Corporate Communications
604-374-1107 or Toll Free: 1-877-647-2298
Skype: 1-206-388-2423
604-647-0086 (FAX)
[email protected]www.galoreresources.com
