September 12, 2008
Dr. Lawrence Dick Appointed to the Board of Directors
VANCOUVER, Sept. 12 /PRNewswire-FirstCall/ -- Pinnacle Mines Ltd. (the "Company") is very pleased to announce that Dr. Lawrence Allan Dick, Ph.D., P.Geo. has been appointed to the Board of Directors of the Company. Dr. Dick is a professional geologist with more than 35 years experience in geology and mineral exploration. Beginning in 1973, he received an honours degree B.Sc. at the University of British Columbia and subsequently his M.Sc. and Ph.D. at Queen's University in Kingston, Ontario. He is the author and co-author of several publications and papers relating to geological sciences dating back to 1978. He is a past President and Councilor of the Geological Association of Canada, Cordilleran Section as well as a Full and Fellow Member of the Society of Economic Geologists and the Geological Association of Canada respectively.
Beginning in 1979, he held increasingly responsible positions with Chevron Resources Company in the Americas to the level of Senior Staff Geologist where he remained until 1990. During his tenure with Chevron, he led the team that discovered the Golden Bear deposit in northern British Columbia in 1980. In 1982, he led the team that discovered and developed to final feasibility stage, the Can Can gold-silver deposit in north-central Chile. He is fluent in both English and Spanish. During 1990-1995 he was Manager of Exploration for Cia. Minera Dona Ines de Collahuasi, a joint venture corporation formed by Shell/Billiton, Chevron, Falconbridge and Anglo American to explore the large Collahuasi landholdings in northern Chile. The resultant discoveries of approx. 1.5 billion tonnes of copper-molybdenum reserves have now been developed into one of the world's largest operating copper-molybdenum mines. For his efforts in Chile during these years, in 1993 he was awarded the "Chevron Chairman's Award" and in 1994, the "Mente et Malleo Award" at the Chilean Geological Congress for the most successful exploration team in Chile during the years 1991-1994. From 1995-2001, Dr. Dick founded General Minerals Corporation, a TSX company specializing in mineral exploration in Latin America and China. General Minerals technical successes included the discovery of the Vizacachitas porphyry copper deposit (Chile), the Escalones copper-gold skarn/porphyry deposit (Chile), the Atocha silver deposits (Bolivia) as well the discovery and exploration of more than 30 base and precious metals targets throughout Latin America. More recently from 2002 to present, Dr. Dick as acted as President & CEO of Continuum Resources Ltd. (2002-2006), a consulting geologist, and is currently the President, Chairman and director of Evolving Gold Corporation. Earlier this year, he joined Baron International Finance Canada as a Technical Director.
Pinnacle considers the appointment of Dr. Dick as a valuable addition to the Company's board. He brings to Pinnacle his broad experience and contacts throughout the mineral and financial industries, as well as his hands-on knowledge of exploration in Northern British Columbia and Latin America, two areas Pinnacle is currently exploring.
Dr. Dick's appointment comes on the heels of the resignation of Andrew Bowering as director of the Company. Mr. Bowering is a co-founder of Pinnacle and has served as a director since 2003 and was an executive officer up to 2007 at which time he branched out to better serve other venture companies he is involved in. The Company wishes to thank Mr. Bowering for his contributions over the years.
On behalf of the Board of Directors "Paul Saxton" President & CEO The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the content of this news release.
Pinnacle Mines Ltd.
CONTACT: Paul Saxton, President or John Van Duzen at (604) 688-7377 orvisit Pinnacle's website at http://www.pinnaclemines.com/