International Gold Resources Inc. is Pleased to Announce that David H. Francisco and Lawrence T. Kurlander have come on as Advis
May 10 2007 - 3:46PM
Business Wire
International Gold Resources Inc. (Pink Sheets:IGRU) is pleased to
announce that David H. Francisco and Lawrence T. Kurlander have
been signed as advisors to CEO Tim Acton and the Board of
Directors. Mr. Francisco was formerly with Newmont Mining
Corporation where he was a member of the Executive Committee and
Executive Vice President � Operations. Mr. Francisco joined Newmont
in 1995 as Vice President � International Operations and
subsequently managed mining and capital development in Uzbekistan,
Peru and Indonesia. He became Executive Vice President � Operations
for Newmont in 2002 and provided executive oversight and direction
to a number of significant capital projects including the
development of the Batu Hijau Mine in Indonesia (the largest
startup mine in history), the La Quinua Mine in Peru, and the Ahafo
Project in Ghana. Previous to Newmont, Mr. Francisco was Executive
Vice President and General Manager for Freeport Copper and Gold.
During his tenure in Indonesia, he guided the development of three
underground mines and also the development and expansion of the
Grasberg Mine. Joining Mr. Francisco in the consulting assignment
is Lawrence T. Kurlander. Mr. Kurlander joined Newmont in 1994 and
retired in 2002. As Chief Administrative Officer, he was
responsible for Human Resources, Internal Audit, Investor
Relations, Public Affairs and Communications, Real Estate,
Logistics, Security, and served on the Executive Committee. While
at Newmont, Mr. Kurlander led the integration of employees into
Newmont from recently acquired companies and oversaw growth in the
employee base from 3,000 to 13,000 worldwide. He established the
internal audit and logistics department, provided executive
oversight for the Gold Medal Program and worked with governments
around the world on behalf of Newmont. The Republic of Uzbekistan
named him its First Honorary Counsel General in the U.S., a
position he still holds today. Earlier in his career, he served as
New York State�s first Director of Criminal Justice, responsible
for overseeing for the Governor the criminal justice and law
enforcement agencies and managing an annual budget of $1.5 bn and
an annual capital budget of $2 bn. Thereafter, and before joining
Newmont, he served as a senior executive at American Express and
RJR Nabisco. Tim Acton, CEO of International Gold Resources said,
�Having worked with Dave and Larry I am extremely excited to have
such consummate professionals as close advisors to IGRU. This is a
major step forward in building the team we desire to make our
company a premier exploration and development company.� About
International Gold Resources, Inc. The vision of International Gold
Resources Inc. is to generate favorable shareholder returns by
exploring and developing mining properties in North and South
Americas. The statements in the press release that relate to the
company's expectations with regard to the future impact on the
company's results from new products or actions in development are
forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995. The statements in this
document may also contain "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Since this information
may contain statements that involve risk and uncertainties and are
subject to change at any time, the company's actual results may
differ materially from expected results.
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