Sovereign Resources Announces That It has Retained Michael J. Skopos
to Manage Exploration & Development of CISI's Mineral Properties
Business Editors MIAMI--(BUSINESS WIRE)--Aug. 2, 2001--CIS.com Inc. (OTC:CISI) is
pleased to announce that it has entered into a long-term consulting
agreement with Michael J. Skopos, CPG. Effectively immediately,
Mr. Skopos will manage all exploration, development and permitting
activities at properties owned by CISI and Sovereign Resources, Inc.
During the course of his career, Mr. Skopos has founded a number
of junior exploration and development companies, serving as both a
senior officer and director of these firms. He is also credited with
discovering three major mineral deposits in North America.
Mr. Skopos brings to CISI / Sovereign over 40 years of expertise
in structural geology / deposit modeling, ore reserves, exploration
and feasibility studies, with a particular expertise in porphyry
copper and epithermal gold-silver ore deposits. He has also worked as
a mine manager and chief geologist at several underground and open pit
gold and copper mining operations in the United States and Canada
ranging in size from 75 to 50,000 ST / day.
Among Mr. Skopos' many achievements during his career was
developing the geologic model instrumental in discovering and blocking
out over 400 million tons of ore reserves at Lornex / Highland Valley
Copper in the early 1970s. Recently, he applied this same geologic
model to the Getty North copper deposit in British Columbia, and
doubled the known ore reserves. As a founder of Decade Development
Ltd. in the early 1970s, he directed the acquisition, exploration,
development and successful operation of the Jolu gold mine in
Saskatchewan.
Mr. Skopos holds a CPG (Certified Professional Geologist)
designation from the American Institute of Professional Geologists. He
is also a Fellow of the Geological Association of Canada.
CIS.com and Sovereign Resources believe that both its copper /
gold exploration programs and evaluation of new acquisition
opportunities will greatly benefit from Mr. Skopos' advice and
involvement.
The hiring of Michael Skopos represents a significant step in the
Company's transition to a new technical / management team. Over the
coming weeks, additional announcements will be made regarding the
hiring of an experienced team of consultants and executive officers to
direct CISI's exploration of the Sovereign properties, as well as
generate new acquisition opportunities for the Company.
ON BEHALF OF THE BOARD
For further Information:
Allan Smith Tel: (305) 438-0020
email: cisi_info@yahoo.com
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