Century Mining Hires New General Manager at Sigma and Lamaque Mines and Launches New and Updated Web Site
Monday February 5, 8:50 pm ET
ca.us.biz.yahoo.com
BLAINE, WASHINGTON--(CCNMatthews - Feb. 5, 2007) - Century Mining Corporation (TSX VENTURE:CMM - News) is pleased to announce that Bill Dodds has joined Century as General Manager at its Sigma and Lamaque mines in Val d'Or, Quebec. Mr. Dodds was most recently employed as Mine Superintendent at a 30,000 tpd open pit mine. He has extensive experience in operations and administrative management, project management, mine engineering and dam construction in uranium, gold-copper and gold mining operations. Mr. Dodds' relevant earlier experience includes running the open pit operation at the low-grade Colomac gold mine in the Northwest Territories. He holds a B.Eng. in Mining and is a Member of the Professional Engineers Association of Ontario.
The Company is also pleased to announce that it has launched its newly designed and updated web site, which can be accessed at www.centurymining.com.
Margaret Kent, President and CEO said: "We are pleased to welcome Bill to our senior management team at Sigma-Lamaque. Bill's experience at a number of different large tonnage mining operations and his low-grade open pit gold mining experience are well suited to the challenges of operating our open pit and underground mines at the Sigma-Lamaque Complex.
Our web site has a new look and has been redesigned to facilitate navigation among the various sections. We will be updating our web site on a regular basis as information changes and new material becomes available."
About Century Mining Corporation
Century Mining Corporation is an emerging mid-tier gold producer that is aggressively acquiring producing mines and exploration properties in Peru. The Company owns and produces gold at the Sigma and Lamaque mines in Quebec that historically have produced over 9.4 million ounces of gold. In Peru this year Century acquired control of the San Juan Mine where the Company accounts for 100% of gold production. Century's growth strategy is to acquire gold producing assets in South America that will substantially reduce the Company's consolidated total cash cost of production and where there is exceptional exploration potential to expand production at these mines.
Margaret M. Kent, Chairman, President & C.E.O.
Caution Concerning Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.
Contact:
Brent Jones
Century Mining Corporation
Manager of Investor Relations
(877) 284-6535 or (360) 332-4653
Email: bjones@centurymining.com
Graham Eacott
Century Mining Corporation
Vice President, Investor Relations
(877) 284-6535 or (360) 332-4653
(360) 332-4652 (FAX)
Email: geacott@centurymining.com
Website: www.centurymining.com
Source: Century Mining Corporation |
