West Africa Gold Inc. Establishes an Advisory Committee and Appoints Its Chairman
May 19 2004 - 9:01AM
PR Newswire (US)
West Africa Gold Inc. Establishes an Advisory Committee and
Appoints Its Chairman Company Appoints Ferdi da Silva Pereira as
Advisory Committee Chairman NEW YORK, May 19 /PRNewswire-FirstCall/
-- West Africa Gold Inc. (BULLETIN BOARD: WAGI) announced today
that it has formed an Advisory Committee to be comprised of senior
geologists and experienced mining engineers. This Committee will
initially focus on the evaluation of all the geological data and
Mining Reports in respect of the Company's initial five Mining
Projects in Mali, West Africa and to then formulate a strategy for
the exploration and development of these five mining projects. The
Advisory Committee's Reports and recommendations will be published
on the Company's web site, http://www.westafricagold.com/ as the
Committee deems appropriate and all agreed strategies in respect of
each of these five Mining Projects will be issued to shareholders
and interested parties through frequent Press Releases. The
Chairman of this Advisory Committee is Mr. Fernando ("Ferdi") Ivo
da Silva Pereira. Mr. Pereira is fluent in French and Portuguese as
well as in two African dialects. He is familiar with Mali and
Africa and is based in Johannesburg, South Africa. He has a B.Sc.
from the University of Natal in South Africa and completed a thesis
on the Geology of Zululand to read for his M.Sc. He is registered
as a Professional Geologist (Pr.Sci.Nat.) with the South African
Council for Natural Scientific Professions. Mr. Pereira's
experience in the geological field is primarily in South Africa,
Namibia, West Africa and in Brazil. His experience covers
exploration geology in Coal, Gold, Uranium, Manganese, Chrome, Tin,
Andalucite, Magnesite, PGM's and Diamonds. All of this Exploration
Geological Exploration experience encompassed field exploration and
mapping, remote sensing techniques with aerial photography,
satellite and TIR imagery, hydrogeology, core drilling, sampling,
applied geostatistics, geophysics and geochemistry; large scale
sampling, metallurgical testing and feasibility studies; mine
planning and control with computer modeling applications as well as
Project feasibility studies and mine evaluations. Mr. Pereira also
has experience in the Metallurgy of Diamonds with the design,
fabrication, erection, control and day-to-day operation of Dense
Media plants, rotary pans, jigs, crushers, mills and Sortex. His
experience in Metallurgy of Gold encompasses the crushing, milling,
CIP and carbon elution and in Coal with the Metallurgical control
and blending. His experience in Chrome, Tin and Andalucite
encompasses Ore concentration and beneficiation. Mr. Pereira's
Mining experience includes Surface mining including quarry and
strip mining, hands-on management control, mine evaluation,
planning and geological correlation and control; control of
operation of medium-sized draglines, bulldozers, backactors, trucks
and ADT's, surface drilling and blasting. He is experienced in
Surface and environmental studies and rehabilitation. His
experience in Underground operations include in board-and-pillar,
block-caving, rasue mining, mine planning, development and control.
Mr. Pereira's Mine management experience includes his appointment
as Mine Manager, General Manager and as Executive Director in
medium-sized operations with overall technical and executive
responsibility, company administration, financial planning,
organization and control. He has been involved in Project
management and as Plant project prime contractor on diamond
recovery plants. He has been appointed in overall control General
project management, surface mining and pilot plant, mine
feasibility and evaluation projects. Mr. Pereira has worked for a
number of companies over the years including Rand Mines, Southern
Sphere Mining, Mineracao Colorado Brazil, Newmont Mining, Carrigs,
Angodior Angola, Rietfontein Gold Recovery, New Rand Mining
Corporation, Trans Hex International (Angola) and Lazare Kaplan
International. He has served as a Consultant Geologist to numerous
Mining Companies in various sectors of the Mining Industry. He is a
Director of Mesklip Research (Pty) Limited, a company established
to develop mining projects worldwide, a Director of Belafrique
Mining (Pty) Limited, a company established to mine Alluvial
Diamonds in the DRC and is a Director of Haraambe Mining (Pty)
Limited, a South African Black Empowerment Mining Company
established to develop various Mining Projects in that country. Mr.
Pereira will now be appointing further experienced and highly
qualified Geologists and Mining Engineers as members of the
Company's Advisory Board and full details of all of these
appointments will be announced in due course. About West Africa
Gold Inc.: West Africa Gold Inc., http://www.westafricagold.com/,
has acquired a 70% interest in the Toubikoto (Gold), Manianguiti
(Gold), In Darset (Gold, Base Metals), Anefis (Gold, Base Metals)
and Touban (Nickel, Copper PGE's) mining properties. The properties
are located in diverse geographic locations throughout Mali. In
aggregate, the properties total over 500 square kilometers
(approximately 193 square miles). The Geological Resource
Evaluation on the properties indicates a potential Inferred
Geological Resource of at least 3,000,000 ounces of gold. The
Company will continue to explore the various rights and potential
new targets Statements contained in this press release, which are
not historical facts, are forward-looking statements as that term
is defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based largely on the Company's
expectations and are subject to a number of risks and uncertainties
beyond the Company's control, including but not limited to
economic, competitive and other factors affecting the Company's
operations, management team effectiveness, expansion strategies,
available financing, market prices and recovery costs, government
regulations involving the Company, facts and events not known at
the time of this release, and other factors discussed in the
Company's filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and
readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. The Company undertakes no obligation to update publicly
any forward-looking statements. This release was issued through
Major Newswire (http://www.majornewswire.com/) DATASOURCE: West
Africa Gold Inc. CONTACT: Equity Alliance International,
+1-858-459-3552, for West Africa Gold Inc. Web site:
http://www.majornewswire.com/ Web site:
http://www.westafricagold.com/
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