Fairmile Announces Change in Management
FAIRMILE GOLDTECH INC.
For Immediate Release
January 23, 2001
CDNX: FLA
Fairmile Announces Change in Management
Vancouver, BC: Effective immediately, Joseph Anthony Kizis, Jr. has resigned as President and Chief Executive Officer of Fairmile GoldTech Inc and its US subsidiary Fairmile Gold Mining Inc. Mr. Kizis will remain a director of the company. Michael P. Raftery, currently Chief Financial Officer, will assume the position of President.
Additionally, Mr. Thomas R. Kelly has been appointed Secretary-Treasurer of Fairmile.
In other news, Fairmile has received notification that Newmont Mining Corporation is terminating its Section 22 lease with Fairmile due to unfavorable drilling results. This lease is for one of two outlying blocks of claims at Fairmile's Buffalo Valley project leased to Newmont (see News Releases dated May 15, 2000 for Section 22 lease and June 29, 1999 for Section 14 lease).
To obtain general information about Fairmile, visit our Web Site at fairmile.com or contact Investor Relations at 1-604-257-4254.
On Behalf of the Board of Directors,
“Michael P. Raftery”
Michael P. Raftery, President and CFO
The Canadian Venture Exchange has neither approved nor disapproved the information contained herein. |
