First Colombia Gold Appoints Frank Delzer VP of Mining Division
The Company has recently expanded its business strategy to operate as a capital company through three divisions: Energy, Mining, and International Business. Our revised business plan will focus on acquiring and developing projects to build shareholder value through leverage to asset growth and cash flows. First Colombia has retained Mr. Delzer to evaluate and guide development of our mining activities. As Vice President of the Mining division he will be responsible for all mining activities, including planned work programs at the Nile Mine project in Montana and acquisitions.
Mr. Delzer has forty years' experience in the mining: exploration, development and production. His geographical experience includes North and South America with specific experience in Mexico, Colombia and Central America with gold, silver, iron ore and coal projects.
Mr. Delzer is a licensed professional engineer and has a B.Sc. in Mine Engineering, as well as B.Sc.in Geology. As a Fulbright scholar, he did post-graduate studies at Eberhard-Karls University in Germany. His experience includes positions at Ariel Resources, Lake Coal Company, Orinoco Mining Company (a subsidiary of U.S. Steel), and Andes Copper Company (a subsidiary of Anaconda Mining). Mr., Delzer also served as Commissioner of the Kentucky Department of Mines and Minerals.
In his capacity as Vice President of its Mining division, Mr. Delzer will review the Company's database on past and current projects under consideration in Mexico, Idaho, Montana, Colombia and Southeastern Europe. The review of this database, which was developed over the last several years, is already underway and we expect it will be completed prior to the end of July.
About First Colombia Gold
First Colombia Gold Corp. is a capital company focused on acquiring, developing and advancing natural resource, energy, and real estate projects in Europe, North America, and South America. Our business model is to acquire undervalued assets combining potential for building assets values and cash flow through leverage to improved operational efficiencies and development
Investor Inquiries:
David Kugelman, Investor Relations
Phone: (404) 856-9157 / (866) 692-6847
Website: www.firstcolombiagold.com
Email: info@firstcolombiagold.com
Disclaimer
This release contains forward-looking statements that are based on beliefs of First Colombia Gold Corp. management and reflect First Colombia Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of First Colombia Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, First Colombia Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10k, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance First Colombia Gold Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan.
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