Wolfden retains Mineral Services LLC for Amaqqut negotiations Tuesday July 18, 9:31 am ET
ca.us.biz.yahoo.com
Shares Issued: 74,647,878 THUNDER BAY, ON, July 18 /CNW/ - WOLFDEN RESOURCES INC. (TSX:WLF - News) is pleased to announce the retention of Mineral Services, LLC to represent Wolfden with respect to the marketing and potential strategic partnerships for the long-term consumption of products from the Amaqqut Group of Projects. Negotiations have commenced with several major international groups whom have expressed interest in receiving these copper, zinc, and lead concentrates.
Mineral Services, LLC. is a consulting firm managed by Michael Mason, which has the expertise to support the Project requirements and to advance the commercial negotiations to the desired conclusion. Mr. Mason has more than thirty-five years experience in the minerals industry, beginning his career with Phelps Dodge Corporation while completing his B.S. in Metallurgical Engineering at the University Of Arizona; thereafter, assumed an engineering position with American Smelting and Refining Corporation. During his ten year tenure with ASARCO, Mr. Mason was actively involved with management, labour relations, engineering design and plant management of mineral processing, hydro-metallurgical and pyro-metallurgical facilities, and metallurgical materials management related to the sale and purchase of raw materials from/for mines, smelters, and refineries within Asarco's international industrial complex. While with Asarco, Mr. Mason's post graduate study included Labour Relations and Metallurgical Engineering, and completion of an MBA. Mr. Mason participated as a senior trader and principal in the development of Marc Rich and Co. from 1975; then, in 1980, assumed a senior management position with St. Joe Mineral Corp. for corporate development and international trade. Mr. Mason departed this firm when it was acquired by Fluor Daniels to assume several senior executive positions with Brandeis Goldschmidt, later acquired by Pechiney. Mr. Mason was the senior executive-trader with several major international trading firms including Brandeis, Continental Grain Co., Balfour Maclaine, Metallgesellschaft, and Novarco, where Mr. Mason's operation, acquired by each, was a core business.
During his career, Mr. Mason has been engaged to provide evaluation, marketing, development, and/or financing strategies for various projects among which such as Escondida for Utah International, Getty Oil, and eventually BHP; Olympic Dam and Throssel for Western Mines; La Candelaria for Phelps Dodge; Lucky Friday and Gold Hunter for Hecla; Bougainville Copper for CRA; El Salobo for North Ltd.; and, San Cristabol for Apex Silver.
WOLFDEN is a Canadian based mineral exploration and development company with a diversified portfolio of advanced stage properties in Canada. Wolfden is debt free and has a strong treasury.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
For further information
Ewan Downie, President, Phone: (807) 346-1668, Fax: (807) 345-0284, e-mail: Info@wolfdenresources.com, Web Site: www.wolfdenresources.com
-------------------------------------------------------------------------------- Source: Wolfden Resources Inc. |