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Red Mile Minerals Corp V.RDM



TSXV:RDM - Post by User

Bullboard Posts
Post by ice148on Sep 12, 2005 11:20am
530 Views
Post# 9540513

March..adds directors..mentions knife

March..adds directors..mentions knifein two months..eh!!! let's see how good March is with keeping dates...lol https://www.ccnmatthews.com/news/releasesfr/show.jsp?action=showRelease&actionFor=554727 SEPTEMBER 12, 2005 - 09:00 ET March Strengthens Board of Directors CALGARY, ALBERTA--(CCNMatthews - Sept. 12, 2005) - March Resources Corp. (TSX VENTURE:MCF) ("March") is pleased announce the appointment of two new board members, Dr. Edward Schiller and Mr. Howard Coopersmith. The two new board members bring extensive diamond mining experience and expertise to the Company. They will assist in the evaluation and execution of the diamond mining opportunities both within and outside of Canada currently being considered by the Company Dr. Edward A. Schiller, P. Geol., has over 40 years of mining experience. He has lived and worked in United States, England, Australia, Brazil and Colombia, and has conducted mineral exploration projects in several South and Central American, African, European and South East Asian countries. Dr. Schiller has consulted for the United Nations on a gemstone project in Mozambique, and a mining project in Greece. He has visited other countries on mining related projects, most recently in Viet Nam, Cambodia Botswana and the diamond mines in Yakutia, Russia and China. Dr. Schiller has been a director of several Canadian resource companies in addition to maintaining a consulting practice. He writes for several Canadian and international magazines on mining and mineral exploration related subjects. He was a previous director of Dia Met Minerals Ltd. and supervised the discovery of the first diamond-bearing kimberlite at Pointe Lake in 1991. Mr. Howard Coopersmith, P. Geol., has over 30 years of experience in the diamond industry including advanced evaluation and development projects. He is currently participating in pre-feasibility studies of large diamond deposits. Mr. Coopersmith was most recently the Vice President, Operations & Exploration of Great Western Diamond Company, owner and operator of the Kelsey Lake Diamond Mine, of which he is directly responsible for the discovery and development. He managed diamond exploration and evaluation from 1975 until 1986 for Cominco American Inc. In 1987, Mr. Coopersmith helped to found, and was President of Diamond Company N.L. Diamond Company N.L. was subsequently purchased by Ashton Mining of which he served as Vice President, North American Exploration, and then purchased by Redaurum Limited of which he served as Manager, North America. Mr. Coopersmith also serves on the Board of private and publicly listed diamond exploration companies, and consults domestically and internationally on diamonds. Mr. Coopersmith is a SME Henry Krumb Lecturer for 2003-2004. Dr. Schiller and Mr. Coopersmith bring strength, diversification and diamond experience to the board which March sees as a key step towards its transformation as a diamond explorer. The first step in this transformation was announced on June 29, 2005. At that time, March signed a letter of Intent with Rhonda Corporation to purchase its 49% interest in the Tree 1 claim, hosting the 10.2 hectare (25.2 acre) diamondiferous Knife Lake kimberlite. The companies are completing their due diligence and are in the process of finalizing the definitive agreements related to this acquisition. The closing of that transaction is still subject to certain shareholder and regulatory approvals. The companies intend to have the proposed transaction complete in the next two months. March has begun to evaluate other diamond projects and will release any additional projects undertaken as they become binding. March also announces the resignations of Mr. David Mears and Mr. Scott Hadley from the board of directors. Mr. Mears and Mr. Hadley have advised the Company that they will immediately step down as members of the board. The other members of the board wish to express appreciation for the contributions made by Mr. Mears and Mr. Hadley and would like to thank them for their efforts. The above contains forward looking statements and the transactions proposed may not be completed as described, or at all. Trading in the securities of March should be considered highly speculative. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. CONTACT INFORMATION March Resources Corp. Dave Antony President Calgary, Alberta (403) 531-1710 Email: dantony@marchresources.ca or March Resources Corp. Torrie Chartier VP Exploration Calgary, Alberta (403) 607-9509 Email: tchartier@marchresources.ca
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