NEW ALERT: (BZDJ .10) HUGE NEWS
Braz Diamond
Mining Appoints New CEO
Tuesday March 1, 7:00 am ET
Company Names Oil and Gas Industry Veteran Christopher A. Hemstock
CALGARY, Alberta, March 1, 2005 (PRIMEZONE) -- Braz Diamond Mining Inc, (Other OTC:BZDJ.PK - News) a junior diamond exploration and mining company, announced today the Board of Directors has appointed Christopher A. Hemstock, P. Eng., its new CEO. Hemstock is an oil and gas industry veteran of 25 years. He will take over the reins of Braz Diamond Mining as Chairman, CEO and President effectively immediately.
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To date, Mr. Hemstock is the largest investor in this Company. Mr. Hemstock has enjoyed a distinguished career as a Professional Engineer with 25 years experience natural resource exploration, exploitation, operations and management. He has held various positions in the Canadian Oil and Gas industry both public and private as well as serving on the Boards of a number of charitable organizations.
``The fact that we have secured over 450,000 acres that are very favorable for exploration in a diamond-rich country like Brazil and we have invested more than $2 million dollars into our operations over the past few years gives us a significant stake in making Braz realize its tremendous potential for becoming an important player in the exploration of diamonds and precious metals,'' said Hemstock. ``I'm determined to seize this opportunity on behalf of all shareholders and I'm committed to building value for the long term.''
Braz Diamond Mining, Inc., a junior diamond, exploration and mining company, together with its subsidiary, Braz Mining do Brasil, Ltda., holds ownership interest in various mineral properties in the country of Brazil, including a favorable diamond exploration project in the state of Piaui. Exploration and development work to date has confirmed the existence of high-grade alluvial diamond deposits and the existence of several kimberlites. The Company plans to implement a detailed geotechnical program to identify the sources and productivity of the alluvial deposits. For more information, please visit our website brazdiamond.com.
Contact:
Cervelle Group
David Donlin
Phone: 407-295-7878
Email: dave@thecervellegroup.com |
