Musgrove appoints Mr. Tough to the Board of Directors and Mr. Lewin as Cfo
(via Thenewswire.ca)
Vancouver, B.C. - Musgrove Minerals Corp. (“Musgrove“ or the “Company“) (TSX.V: MGS) is pleased to announce the appointments of Thomas R. Tough B.Sc., P.Eng., to the board of Directors and Jamie Lewin as the Chief Financial Officer of the Company.
Mr. Tough has held directorships and officer positions in numerous public and private companies, including the role of President/CEO and a Director of Desert Sun Mining Corp. for 18 years. In April 2006, Yamana Gold Inc. purchased the Company and its producing gold mine in Brazil for approx. $667 million.
Mr. Tough was the past President and CEO of Potash One Inc., and continued to serve as a director until the Company was sold to K+S Potash, a large German potash producer, in January, 2011 for approx. $434 million.
Mr. Tough has more than 40 years experience as a self-employed consulting Professional Engineer in 40 countries. In the course of his career he has been involved in property examinations, writing qualifying reports, project evaluations, project acquisitions and negotiations, mine evaluations, underground and surface exploration, reserve and resource estimations, mine and mill planning and processing, pre-feasibility and feasibility studies, development and production, open pit and underground, as operator, project manager, and consultant on precious and base metals, industrial minerals, gemstones, coal and CBM gas and oil and gas. He has negotiated corporate financings and joint venture partnerships and has dealt with various levels of domestic and foreign government bodies.
Currently Mr. Tough is the President/CEO and a director of Maxtech Ventures; President and a director of Grenville Gold Corp.; a director of Firebird Resources Inc,; President and a director of GTO Resources Inc.; President and a director of Chimata Gold Corp.; a director of Desert Gold Ventures Inc. and a director of Cielo Gold Corp. He holds a B.Sc. in Geology from the University of British Columbia and is registered as a life member of the Association of Professional Engineers and Geoscientists of British Columbia.
The Company also wishes to announce the resignation of Lorne Torhjelm as Director and Chief Financial Officer and is pleased to announce the appointment of Jamie Lewin as the Chief Financial Officer of the Company.
Mr. Lewin is a professional accountant who also holds a Masters degree in Business Administration (MBA), with specialization in financial management, from City University, of Bellevue, WA, in the US and he holds a Certification in Public Companies from SFU in British Columbia. In addition, he completed a LLB at Laval University in Quebec City and a BA in Economics at the University of Western Ontario. He has more than 18 years experience in accounting and finance for private and public companies.
He has more than 18 years experience in accounting and finance for private and public companies. They range from brokerage and investment through to manufacturing, distribution, resources and service. Operations have been both domestic and international. Previous management positions include Controller and Finance Manager.
The Company thanks Mr. Lorne Torhjelm for his years of valuable service to the company.
About Musgrove Minerals Corp.
Musgrove Minerals Corp. www.musgroveminerals.com is a mineral exploration resource company trading on the TSX Venture Exchange (Symbol: MGS). The Company is currently exploring two advanced exploration-stage projects; the 100% interest “Empire Mine“ Project; the 100% interest “Musgrove Creek“ Gold Project, The Empire Mine Project is a polymetallic skarn deposit containing copper, zinc, gold and silver located in the Alder Creek Mining District in Custer County, Idaho. The mine is located on the east-facing slope of the White Knob Mountains approximately three miles west of Mackay, Idaho. The Property consists of 26 patented mining claims, six mill-site claims and 21 unpatented mining claims. The Musgrove Project is a prospect for a disseminated gold bulk-tonnage surface project similar to the Beartrack Mine, a nearby former gold producer.
BY ORDER OF THE BOARD
“Jatinder (Jack) Bal“
Jatinder (Jack) Bal
President and CEO
MUSGROVE MINERALS CORP.
For further information on Musgrove Minerals Corp., contact Jack Bal at (604) 633-2442, toll free 1-800-667-1442, e-mail jackbal@musgroveminerals.com, or visit our website at www.musgroveminerals.com
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 release
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