Take a look at this Major news.
Standard Mining Corporation
Managment
Paul Saxton - Chief Executive Officer/President
Mr. Saxton has built a successful career in mineral exploration, operation and financing over
the past 25 years. He has a strong mine operations background and has been involved with the
construction of mines in Canada and the United States including: Castle Mountain, California;
Nickel Plate Gold, B.C.; American Girl, Arizona; and, notably, the recently constructed
Brewery Creek Mine in the Yukon. Mr. Saxton has been a director and/or officer of several
publicly traded companies and is presently also director and President of Standard Mining Inc.
Mr. Rod Samuels - Vice President Operations and Development.
Mr. Rod Samuels has been appointed VP Operations and Development for Quest. Mr.
Samuels has 27 years of Canadian and internationalexperience in mineral processing quality
control, production metallurgy, mining pollution control and gold recovery plant design and
development. He has numerous senior positions with various mining companies over his
career.
Mr. Don Archibald - Corporate Secretary
Mr. Don Archibald has been appointed Corporate Secretary. Mr. Archibald has over fifteen
years of experience in administration and investor relations with various companies.
Rick Russell, Exploration Consultant - U.S. & Canada
Rick Russell has been in the mining business for nearly 30 years. His mining career started in
the 1968 when he went to work in the lead mines of southeast Missouri for St. Joe Minerals
Corporation. Mr. Russell graduated with a Masters Degree in Geology from Northern Illinois
University in 1969. "St. Joe helped me finish my thesis," says Rick, "they gave me the
opportunity to work all over the country, including here in Nevada where I spent several months
in Virginia City evaluating the remaining gold/silver potential of the Comstock Lode." Rick was
also involved in lead/zinc exploration in Missouri, Tennessee and Kentucky.
Jeffrey L. Wilson - Exploration Consultant - Latin America
Mr. Wilson joins Quest with over 23 years of exploration experience in Latin America and the
United States with emphasis on gold. He was formerly Director of Exploration fo Mexico and
Central America with Echo Bay Exploration, Inc. where his exploration teams were responsible
for several recent gold discoveries. Mr. Wilson has also directed exploration in the western
United States for Echo Bay and Tenneco Minerals Company resulting in the discovery of
multiple gold deposits and new mines. He is experienced in resource evaluation. Mr. Wilson
holds a Master of Science degree in Geology from the University of Southern California and
Bachelor of Science degree in Geology from California State University, Northridge
Directors
Mr. Thomas J. Menning - Director, Chairman
Mr. Menning is President of Thomas J. Menning Company, based in Incline Village, NV. The
company has operating and investment interest in manufacturing and other businesses in the
U.S. and abroad. He served on the Board of Directors of Eisenhower Medical Center in Rancho
Mirage, CA and also as a director of National Health Care based in Washington, DC. He
received his Bachelors in Economics and Finance from California State University of Fullerton.
Mr. John S. Hernstat - Director
John S. Hernstat grew up in the mid-west and graduated from the Michigan State University
with a Bachelor of Arts Degree in 1962.
During his career in the food industry, John was VP of Sales and Marketing for Fries and Fries,
a manufacturer of Flavors and Fragrances in Cincinnati, OH from 1962-1981.
In 1981, John became VP of Sales and Marketing for International Flavors and Fragrances
(IFF), New York, NY a Fortune 500 company until 1993. In 1993, John joined Wynn Starr
Flavors, Allendale, NJ, as President. Currently, John is President of Recruit Inc., which is an
executive search company specializing in Food Industry Professionals.
Mr Bill Meyer - Director
Mr. Meyer has a very distinguished career in international mineral exploration. Mr. Meyer has
recently retired from his position of VP Exploration of Teck Corporation. Bill serves on a
number of public and private companies' boards and continues in a consulting role with Teck
Corporation.
Mr. Jim O'Rourke - Director
Mr. O'Rourke has over 30 years of extensive hands-on experience in mine evaluations,
financing development, marketing and operations in Canada, the United States, South America
and the Philippines. Mr.O'Rourke was responsible for the acquisition, evaluation, financing and
development of the $140 million Huckleberry open pit copper mine in northern B.C., which
started production in 1997. In recent years, he has been a director of a number of public and
private companies.
Paul Saxton - Director Officer/President
Mr. Saxton has built a successful career in mineral exploration, operation and financing over
the past 25 years. He has a strong mine operations background and has been involved with the
construction of mines in Canada and the United States including: Castle Mountain, California;
Nickel Plate Gold, B.C.; American Girl, Arizona; and, notably, the recently constructed
Brewery Creek Mine in the Yukon. Mr. Saxton has been a director and/or officer of several
publicly traded companies and is presently also director and President of Standard Mining Inc.
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News about Director, unless he is not director yet.
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biz.yahoo.com
One of the World's Largest Gold Producers Invests in
Vancouver Junior
VANCOUVER, British Columbia, Feb. 11 /PRNewswire/ -- One of the world's largest gold producers, Gold Fields Limited
of South Africa, has acquired 2.1 million units of stock in Vancouver junior Aquest Minerals Corp.
Gold Fields, which produces an average of 4 million ounces of gold per year, is partially funding the development of Aquest's
Anabella gold project in Guatemala. Aquest has already identified a resource of approximately 630,000 ounces in a
Carlin-style, sedimentary deposit that the company believes has the potential to top 2 million ounces. In addition to the stock
purchase, Gold Fields will also underwrite further metallurgical testing, scheduled to begin this month.
The financing will allow Aquest to continue and expand geological mapping and sampling that show gold, antimony and arsenic
values extending over a strike length of 5 kilometres.
Company Chairman Jim O'Rourke, a respected industry veteran whose previous credits include quarterbacking the
$140,000,000 Huckleberry Mine, leaves today for Guatemala to meet with Dr. Tom Vehrs and a 16-man geological crew to
initiate the second phase of exploration. The objective is to further confirm an extension to the current ore body that, if verified,
could indicate a substantial bulk-tonnage deposit.
Commenting on the recent rise in the gold price, O'Rourke says, ``We have always believed that gold is undervalued. Because
of this, Aquest has focused on potentially large deposits that are relatively inexpensive to acquire. In this way, we believe we
minimize downside risk to our investors, and offer the potential for shareholders to realize a significantly higher return per share
as in the case of several recent highly-successful transactions.'
Aquest trades on the Canadian Venture Exchange under the symbol AQU-V.
I sure hope that is us some day with Honduras. it will be.
just hang in there.!!!! |
