well some good news ...
EMGOLD MINING CORPORATION 1610 - 777 Dunsmuir Street, PO Box 10435 Vancouver, BC V7Y 1K4 Canada langmining.com
Ticker Symbol: EMR-vse SEC 12g3-2(b): 82-3003 Standard and Poors Listing July 21, 1999
Appointment of Executive Vice President
Frank A. Lang, President, is pleased to announce the appointment of William J. (Bill) Witte, P.Eng., to the position of Executive Vice President of Emgold Mining Corporation. Mr. Witte will be responsible for the day to day operations of the Company, the on-going development of the Idaho-Maryland Mine and evaluation of new properties. Mr. Witte has over 23 years of diversified experience including project management and finance, metallurgical research and the development, engineering and operation of mining facilities throughout the world. Mr. Witte has been associated with several major engineering companies, including Fluor Daniel Wright as a Project Manager and Engineering Manager. He has been responsible for the development of projects for ferrous, base and precious metals, industrial minerals and diamond projects. Mr. Witte was appointed a director of the Company in June, 1999.
Emgold Mining has developed a four-phase, strategic plan with an initial US $5,500,000 being spent in Phase-I to identify up to 1,000,000 ounces of gold within 15 veins which were previously drilled while the mine was in production. All existing permits are being maintained and work continues with the development and interpretation of the vast historical database and delineation of new resource targets. The Company continues to search for favorable financing and a joint-venture partner to complete development of the Idaho-Maryland Mine. The mine produced approximately 2.4 million ounces of gold up until it closed in 1956 due to a fixed gold price of US$35 per ounce and escalating costs. Independent engineering reports indicate the potential for an inferred gold resource of up to three million ounces remaining in the mine.
Frank A. Lang, P.Eng President
For further information please contact Investor Relations at the Lang Mining Group Tel: (604) 687-4622 Fax: (604) 687-4212 Toll Free: 1-888-267-1400 |