Select Resources Corporation Assembles Technical Team
Tuesday January 18, 11:59 am ET
biz.yahoo.com
BAKERSFIELD, Calif., Jan. 18 /PRNewswire-FirstCall/ -- Tri-Valley Corporation (Amex: TIV - News) announced today that its new mining subsidiary, Select Resources Corporation, has added four consultants in building its world-class technical team. In 2005, Select expects to contract from one-third to half-time the services of Dr. Odin Christensen, explorationist and team coordinator, Dr. Craig Beasley, geophysicist, Dr. Jeffery Jaacks, geochemist, and Sandra Perry, a specialist in remote sensing.
"These highly accomplished professionals form a team that will provide Select Resources the ability to perform state-of-the-art exploration programs integrating the key disciplines of mineral exploration. This complements our affiliation with TsNIGRI, the principal Russian mineral research institute, and provides Select Resources exceptional global capabilities in all phases of exploration for precious metals, base metals, and gemstones. We are now prepared to perform rapid, high quality evaluation on the district-size properties currently in our portfolio," stated Dr. Harold J. Noyes, President of Select Resources Corporation.
Dr. Odin Christensen's career includes 21 years at Newmont, where he performed various roles including Vice President of Exploration (Newmont Gold Company) and Chief Geologist (Newmont Mining Corp.). In the late 1980's he guided the successful Newmont exploration program that transformed the Carlin district from several small gold mines into one of the world's premier gold producing districts. He has worked on a wide range of gold deposits in 26 countries. Dr. Christensen will be the lead geologist and team coordinator of the technical team now being assembled for Select's exploration effort. The initial focus will include gold properties in Alaska along the prolific Tintina Gold Belt. Dr. Christensen has a Ph.D. from Stanford University. He is based in Colorado.
With a Ph.D. in geophysics from the University of Utah, Dr. Craig Beasley is the principal with Wave Geophysics LLC of Evergreen, Colorado. Earlier in his career he served as a Senior Project Geophysicist with BHP Minerals. His worldwide experience includes projects in North America, South America, Africa, Australia, and Eurasia exploring for a diverse range of mineral deposits including porphyry copper, iron-oxide-copper-gold, sediment and volcanic hosted gold, base metal, platinum group and diamond deposits. An instructor for many short courses for geophysicists and geologists, Dr. Beasley has served as chairman of the Mining and Geothermal Committee for the Society of Exploration Geophysicists and assistant editor of the Society's journal, Geophysics.
Dr. Jeffrey Jaacks is President of Geochemical Applications International headquartered in Centennial, Colorado. Dr. Jaacks has held senior positions with several companies, including Chief Geochemist for Americas with BHP and Chief Geochemist with Westmont Gold. He is extensively published and is a frequent invited speaker at international symposia on research strategies, technology development and exploration geochemistry. He holds a Ph.D from the Colorado School of Mines, has served as President of Association of Exploration Geochemists, and is currently a councilor of the Association of Applied Geochemists. He has managed technical teams providing geochemical services for more than 150 projects operating in 16 countries in North and South America, Australia, Europe, Asia, and Africa. He directed services that played instrumental roles in the discovery of major gold and diamond mines.
Sandra L. Perry is Senior Geologist and Partner in Perry Remote Sensing LLC of Denver, Colorado. Ms. Perry conducts satellite and aircraft image interpretations worldwide and has extensive experience in integrated exploration programs. Early in her career she was Manager, Image Processing Division for Barringer Laboratories of Golden, Colorado and Johnson Controls, TGS Technology, Inc. of Fort Collins, Colorado. Ms. Perry holds a Master of Science degree from the Colorado School of Mines and is a member of a number of professional organizations, including the Colorado Mining Association, the Society of Economic Geologists, PDAC, the Geological Society of Canada, and the American Society of Photogrammetry and Remote Sensing. She has geologically mapped many hundreds of thousands of square kilometers on several continents exploring for a diverse array of minerals and metals. She was the first American remote sensing geologist to visit and present a paper to the geoscientists of the All-Union Research Institute of the Ministry of Geology of the former Soviet Union. Her work has been an instrumental component of a number of deposit discoveries.
"We are serious about building Select Resources Corporation into a stand alone operating mining company to add value to our shareholders and are investing in quality personnel, technology and properties to attain that goal. We expect to evaluate some large, geologically prospective and diverse land packages for a variety of mineralization, and this team provides Select Resources exceptional capabilities," said F. Lynn Blystone, Tri-Valley Corporation President and Chief Executive Officer.
The Company is in its 42nd year of business as a successful operating company and for 32 years has been a full reporting 12 (g) publicly traded Delaware Corporation. Tri-Valley Corporation stock is publicly traded on the American Stock Exchange under the symbol "TIV" in the United States and is also traded in Europe on the Frankfurt Stock Exchange under the symbol "TVC WKN 911919." Our company websites, which include all SEC filings, are www.tri-valleycorp.com and www.tri-valley.de.
This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements which includes such words and phrases as exploratory, wildcat, prospect, speculates, unproved, prospective, very large, expect, potential, etc. Among the factors that could cause actual results, events and performance to differ materially are risks and uncertainties discussed in the company's quarterly report on Form 10-Q for the quarter ended September 30, 2004, and the annual report on Form 10-K for the year ended December 31, 2003.
Contact: F. Lynn Blystone, President & Chief Executive Officer, +1-800-579-9314, or fax, +1-661-864-0600.
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Source: Tri-Valley Corporation |
