Raven Gold Corp. Announces a New Senior Advisoradmin
Raven Gold Corp. is pleased to announce that Mr. David Petersen will be acting as the Company’s Senior Advisor. Mr. Petersen has been involved in the mining industry for over 50 years. He completed a Mining Engineering course from Witwatersrand University in 1958 and Mining Geology studies in 1964. Mr. Petersen has worked throughout North and Central America as a Senior Geologist for numerous mining companies.
After Mr. Petersen’s successful training as a Mining Engineer, David relocated to South Africa employed by New Consolidated Goldfields Ltd. and Union Corporation Ltd At this time these where two of South Africa’s largest mining companies. David also worked with Placer Development Ltd. as a geologist and open pit geologist at the Endako Mines. David was also a geologist with Rio Algom Exploration Inc. and a senior geologist with Northair Mines Ltd. and Western Canadian Mining Corporation. Mr. Petersen was appointed as Vice President of Exploration for War Eagle Mining Company later in his career.
Mr. Petersen will be traveling to Mexico on behalf of the Company to analyze and review the geology, production and exploration of the La Currita project. Over the next year Mr. Petersen will be visiting other potential production and exploration opportunities including Las Minitas. During this time he will also be responsible for heading examination programs for various areas within Mexico, analyzing old workings and investigating potential tailing reserves.
About La Currita
The La Currita Groupings includes 4 mines, a 150 tonnes/day operating floatation mill and stockpiled ore. The La Currita mine was in steady production from 1983 until 1998. A diamond drilling exploration program conducted in 1998 indicated grades of 2.59 g/t Au and 200 g/t Ag. Existing mines and mineralized structures hold potential to increase tonnage through systematic exploration. The area surrounding La Currita has numerous mines and recent substantial discoveries. Adjacent to the La Currita holdings, Palmarejo has announced an inferred resource of 3.1 million ounce gold equivalent on their property. In addition, about 20 miles to the SE is the 170,000 ounce/year Glamis Gold’s El Sauzal gold mine and 40 miles to the North is Gammon Lake Resource’s Ocampo Gold-Silver Project with a projected 270,000 gold-equivalent ounces/year.
About Raven Gold Corp
Raven Gold Corp. is an international gold mining company, with advanced exploration and development projects. Raven’s mandate is to initiate an aggressive acquisition policy, focusing on under-explored to advanced stage exploration gold deposits in North and South American Countries. Raven is focused on becoming a low cost gold producer in the next two years, as it puts the La Currita Mines into production in Mexico.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company’s control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission.
Contacts: Raven Gold Corp. Jesse Keller Investor Relations (250) 807-2971 or Toll Free: 1-877-31-RAVEN (1-877-317-2836) Email: firstname.lastname@example.org
Source: Raven Gold Corp.