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Gold/Mining/Energy : Oro Gold Resources

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From: PaperPerson4/7/2010 10:30:40 PM
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Someone on SH read this release closer than I did and posted it today under the headline: "Could this be a hint?" He or she used bold faced type, which I have done also, to emphasize one particular sentence from the release.

I would add that as well as being familiar with takeover bids and the due diligence process involved in a merger or acqusition, Ms. Costa Lima is fluent in Spanish and Portuguese.

$$$

ORO GOLD ANNOUNCES NEW OFFICER APPOINTMENTS
OroGold Resources Ltd. (“Oro Gold” or “Company”) (TSX-V: OGR)announces the appointments of Priscila Costa Lima as Chief Financial Officer and Peter Kendrick as Vice President Corporate Development of the Company, effective April 1, 2010.

A Certified Management Accountant, Ms. Costa Lima holds a BBA in Financewith a joint Major in Economics from Simon Fraser University and will be responsible for leading the accounting and financial reporting duties of Oro Gold. She is fluent in Portuguese and Spanish, has worked in the Resource industry in Vancouver since 2004 and was previously the Corporate Controller for Western Prospector Group Ltd. (“Western”) a Vancouver based TSX-V Company. While at Western, she managed theimplementation of new ERP systems in Mongolia and Canada as well assuccessfully led the transition of Western’s former management team to a new team. Ms. Costa Lima also played a major role with the take-overbids and due diligence processes that resulted in the sale of Western to a major Chinese company.

“The appointment of Ms. Costa Lima represents Oro Gold’s commitment to bringing highly experienced professionals into our management team. Her contribution to the Company will be invaluable as we continue to grow as a gold exploration company developing a resource base," stated Darren Bahrey, President and Chief Executive Officer of Oro Gold.
As Chief Financial Officer, Ms. Costa Lima has replaced Peter Kendrick who accepted a new appointment with the Company as Vice President Corporate Development. Mr. Kendrick has been a Director of the Company and the Chief Financial Officer since 2007.

"Mr. Kendrick is an essential member of our management team, and thus Iam pleased to report that this new appointment will enable him to focus exclusively in establishing our Company’s strategic vision, enhancing our corporate communications, and identifying new opportunities to further accelerate Oro Gold's growth," said Mr. Bahrey. Mr. Kendrick has over 20 years of experience in the mining industry and worked with Placer Dome from 1994 to 1999 where he served in numerous project evaluation and project management type roles on projects throughout the United States, Africa, Russia and Latin America. He holds a B.S. in Geophysical Engineering from the Colorado School of Mines, with a minor in Geology, an International MBA from the American Graduate School of International Management and is also fluent in Spanish.
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