Nevado Resources Corporation: Change in the Board of Directors and Senior Management
January 06 2011 - 8:00AM
Marketwired
NEVADO RESOURCES CORPORATION (TSX VENTURE: VDO)(FRANKFURT: NSV)
(the "Corporation" or "Nevado") announces the appointment of Mr.
Michael Curtis as the new acting President and Chief Executive
Officer of the Corporation.
Mr. Curtis has over 35 years experience in the management of
public companies and in the financial and mining industries in
Canada. "Nevado has completed important milestones since its
listing on the TSX Venture Exchange; Mr. Curtis' experience and
knowledge of the financial and mining fields will allow the
Corporation to ensure the achievement of its global development
strategy and to realize the full potential of the resources of
Nevado's properties", said the Chairman of the Board of Directors,
Philippe Frere. Mr. Curtis was also involved in numerous projects
in the public domain, including the merger of Bowood Energy Inc.
(BWD), and is a board member of several public corporations.
Mr. Guy Girard has decided to step aside as member of the senior
management and the Board of Directors of the Corporation.
Following his resignation as a director and President of the
Corporation, Mr. Girard will focus on the pursuit of his other
projects.
About Nevado Resources Corporation
Nevado Resources Corporation is a mineral exploration company
listed under the symbol VDO on the TSX Venture Exchange and under
the symbol NSV on the Frankfurt Exchange. Nevado owns 6 properties
comprising 1,390 mining claims totalling 757 km(2) in the Province
of Quebec in two separate metallogenic environments, one in high
grade iron-titanium-vanadium and one in gold.
Nevado's higher grade Iron-Titanium-Vanadium
(magnetite-ilmenite) property comprises 2 claim blocks totalling
773 claims for 315 km(2) situated in the La Blache Anorthositic
Complex, located 145 km north of the city of Baie-Comeau and its
port on the St. Lawrence Seaway. In 2011, Nevado plans to quickly
advance the property to the drilling stage for NI 43-101 compliant
mineral resource delineation.
Nevado's gold assets comprise 5 properties totalling 442 km(2)
located 10 km south and southeast of Thetford Mines (Eastern
Townships, Quebec), approximately 150 km east of Montreal.
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 news release. The statements made in this news
release that are not historical facts are "forward-looking
statements" and readers are cautioned that any such statements are
not guarantees of future performance, and that actual developments
or results, may vary materially from those in these
"forward-looking" statements.
Contacts: Nevado Resources Corporation Mr. Michael Curtis Acting
President and Chief Executive Officer 514-793-1915.
www.nevado.ca
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