James Bay Resources Appoints Mr. Mike Sylvestre as Director
June 16 2010 - 9:08AM
Marketwired Canada
James Bay Resources Limited (TSX VENTURE:JBR) ("James Bay" or (the "Company") is
pleased to announce the addition of Mr. Mike Sylvestre to the Board of Directors
of the Company.
Mr. Sylvestre is an experienced senior mining executive with a track record of
leading major mining operations over a 30+ year career. Mr. Sylvestre has held
senior management positions domestically and internationally as CEO Vale Inco
New Caledonia, where he completed construction and commissioned the $4 billion
Goro nickel hydromet project, President Vale Inco Manitoba where he managed one
of Inco's largest integrated mining properties producing 130 million pounds of
refined nickel per year, and Vice President of Operations PT Inco, one of the
world's largest open cast nickel laterite operations.
"We are very pleased Mike Sylvestre has joined the James Bay Board," said Mr.
Stephen Shefsky, President & CEO of James Bay Resources. "Mike's understanding
and operational experience in the mining sector is impressive and his presence
on the Board will be invaluable to James Bay."
James Bay is also pleased to announce that shareholders of the Company have
approved all matters voted on at the Company's Annual and Special Meeting of
Shareholders held on June 11, 2010.
The Company announces that 200,000 incentive stock options were granted to Mr.
Sylvestre, each exercisable at $0.75 per common share.
About James Bay Resources
James Bay is a well-financed Canadian mineral exploration company with 21,872
hectares of 108 royalty-free, 100-percent owned claims in the McFauld's Lake
area of the James Bay Lowlands. The Property is located west-southwest of the
"Eagle One" Ni-Cu-PGE discovery made by Noront along the "Ring of Fire", an
emerging and potentially world-class base metal camp. The Company currently has
28,040,350 shares outstanding and trades on the TSX Venture Exchange under the
symbol "JBR". Please visit the James Bay website at www.jamesbayresources.com.
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