Dutch Gold Appoints Geologist James L. Browne to Board of Directors and Consultant to the Company
Dutch Gold Resources, Inc. (PINKSHEETS: DGRI) (the “Company”), a developer and operator of proven gold mines and a regional mill in North America, today announced the appointment of James L. Browne to the Board of Directors and consultant to the company.
Mr. Browne is a prominent geologist with extensive expertise in evaluating properties, particularly in the regions of Idaho and Oregon. He began his career in 1956 after obtaining a Master of Science degree in geology from Michigan Technological University. Since 1992, Mr. Browne has been a consulting geologist conducting property evaluations, open pit geology and ore reserve definition at the Company’s Benton Mine. Previously, Mr. Browne held positions at Helca Mining where he supervised a crew of geologists and participated in discoveries leading to substantial benefit to Helca. He also held the position of Chief Exploration Engineer for Day Mines, Inc. in Idaho where he was responsible for the company’s exploration Board of Geology for ten years and property evaluation efforts. Day Mines merged into Helca Mining Co. in 1981. Earlier in his career, Mr. Browne held the position of Northwest Geologist for Copper Range Mining Company and American Zinc Company. He is a registered geologist in both Idaho, having served on the Idaho and Oregon and a member of SME (Society for Mining, Metallurgy and Exploration). He was a member of the Idaho Board of Registration for Professional Geologists for ten years.
Dan Hollis, Chief Executive Officer of Dutch Gold Resources, stated, “Jim’s strong credentials, expertise and familiarity with the region make him a valuable addition to the company as we pursue our strategy of acquiring gold-producing properties in close proximity to our existing mines in southwest Oregon. Our Benton Mine production continues to make progress, and Mr. Browne’s consultations have been very beneficial. Jim has already added value to the Company and we are pleased to expand his role.”
Mr. Hollis continued, “We plan to open the Gold Bug Mine, which is adjacent to the Benton Mine, and his expertise will be very helpful. Jim’s role as consultant to Dutch Gold will be very important in enabling us to identify and evaluate additional properties for our portfolio. The management team felt that it was very important to add a seasoned mining professional to our corporate decision making process. We are very enthusiastic that a man of Mr. Browne’s integrity and experience would join us at this stage of the Company’s development”
About Dutch Gold Resources, Inc.
In January 2007, Dutch Gold Resources, Inc. acquired Dutch Mining LLC, which was founded in 1994. Dutch Gold is engaged in the mining and processing of proven gold reserves in North America. The company’s strategy is to focus on overlooked resources which can be quickly and cost-efficiently brought into production. The Company currently owns two mines in southwestern Oregon, consisting of the Benton and Gold Bug Mines. Production resumed in March 2007 and the Company has begun a drilling program to prove up additional reserves, and enhance future production. Please visit the Company’s website for additional information at: www.dutchgoldresources.com.
Certain statements in this release, and other written or oral statements made by the company, including the use of the words “expect,”"anticipate,”"estimate,”"project,”"forecast,”"outlook,”"target,”"objective,”"plan,”"goal,”"pursue,”"on track,” and similar expressions, are “forward-looking statements” and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The company assumes no obligation and does not intend to update these forward-looking statements.
Contact: David K. Waldman / Klea K. Theoharis Crescendo Communications, LLC (212) 671-1020
SOURCE: Dutch Gold Resources, Inc.