WESTRIDGE RESOURCES INC. /quotes/zigman/587220 CA:WST -3.33% (the “COMPANY”) is pleased to announce the appointment of Gregory L. Myers, PhD, as director of the Company effective November 6, 2012.
Dr. Myers brings over thirty years of experience in successful gold exploration, project evaluation, mine geology, resource estimation and project development to the Westridge team. With his broad experience in North and South America in both the major and junior mining sectors, his skills in managing projects and multinational personnel, and his experience in developing resources and reserves, he will provide strong support for the Company’s ongoing activities in Mexico and other Latin American countries.
Dr. Myers received his PhD from Washington State University in 1993. He was the exploration manager for Mexico for Phelps Dodge from 1990 to 1996, and subsequently served as President and CEO for RAM Minerals from 1996-2000. He also worked in project development at the Tintya Mine in Peru for BHP Billiton, as VP Business Development Pacific North West Capital, and is presently President, CEO and Director of Caza Gold Corp.
“Dr. Myers’ broad experience in the mining industry in North and South America is a welcome addition to the Westridge team, and the Company’s management and Board of Directors looks forward to his input as we continue to focus on adding value for our shareholders.” stated Peter Schulhof, President and CEO of the Company.
ON BEHALF OF THE BOARD
Peter Schulhof
President and CEO
For further information please contact:
Brett Delaney
Westridge Resources Investor Relations
Ph: 604-630-7494
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Forward Looking Statements
Statements contained in this news release that are not historical facts constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws and are based on expectations, estimates and projections as of the date of this release. Forward-looking statements include, without limitation, possible events, statements with respect to possible events, the future price of gold and other commodities, the realization of mineral resource estimates and success of exploration activities. The words “is expected” or “estimates” or variations of such words and phrases or statements that certain actions, events or results “may” or “could” occur and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: fluctuations in the spot and forward price of gold or certain other commodities; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in Canada; business opportunities that may be presented to, or pursued by, the Company; operating or technical difficulties in connection with mining activities; the speculative nature of gold exploration and development, including the risks of obtaining necessary licenses and permits; diminishing quantities or grades of reserves; and contests over title to properties, particularly title to undeveloped properties. In addition, there are risks and hazards associated with the business of gold exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion losses (and the risk of inadequate insurance, or the inability to obtain insurance, to cover these risks). Many of these uncertainties and contingencies can affect the Company’s actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company. There can be no assurance that forward-looking statements will prove to be accurate.
