Ex VP of SWC joins TRDM as well as one of the letter's in CPM!
Trend Mining Company Appoints Michael Sharratt, Jeffrey Christian, and Dr. Ishiung Wu to Its Board of Directors,
Business Editors
COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Aug. 30, 2000--Trend Mining Company (OTCBB:TRDM) is pleased to announce that
Michael Sharratt, Jeffrey Christian, and Dr. Ishiung Wu have been appointed to its Board of Directors.
In addition to his election to the Board, Mr. Sharratt will be serving as the company's Chairman effective immediately.
Prior to joining Trend, Mr. Sharratt served as Vice Chairman (1994-1997) and President (1992-1994) of Stillwater Mining Company. As
Vice President and Senior Director of Mining and Minerals for Manville Corp., the co-developer of the Stillwater platinum/palladium mine
in Montana, Mr. Sharratt was a principal figure in the exploration and development of the Stillwater mining complex in Montana, now
recognized as the most important platinum group metals operation in North America. In addition to the evaluation and development of
Stillwater, over his long career at Manville, which began as an exploration geologist, Mr. Sharratt's responsibilities ultimately included all of
Manville's mineral exploration projects worldwide and oversight responsibility for the ore development at nine operating mines in six
countries. Mr. Sharratt is a member of the International Precious Metals Institute, where he serves as a Director, as well as the Canadian
Institute of Mining and Metallurgy and the Society of Mining Engineers.
Mr. Christian is Managing Director of CPM Group, the leading independent precious metals research and consulting firm. Mr. Christian is a
recognized figure in the precious metals industry and has been involved in much of the pioneering work applying economic analysis and
econometric studies to gold, silver, and the platinum group metals markets. CPM's commentary and reports, including their annual surveys
of these metals, are closely watched by the industry and investment community. CPM Group counts among its clients many of the world's
largest mining companies, industrial users of precious metals, central banks, government agencies and financial institutions worldwide. Prior
to founding CPM Group in 1986, Mr. Christian headed the precious metals and statistical work in the Commodities Research Group at J.
Aron and Goldman Sachs from 1980 until 1986. In 1984, he became director of the department; in 1985 he served as its group Vice
President. Mr. Christian is President and a Director of the International Precious Metals Institute.
Dr. Ishiung Wu, currently co-founder and VP Acquisitions of General Minerals Corporation, has over thirty years experience in mineral
exploration management. As a former manager of exploration for Chevron Resources Company in North and South America, he was a
member of a platinum working group which evaluated PGE exploration models at the Stillwater complex, of which Chevron was the
co-developer with Manville Corp. This exploration model was applied successfully in the location of the Lake Owen property for Chevron
and the subsequent discovery of multiple PGE occurrences. Prior to his career at Chevron, Dr. Wu garnered extensive field experience,
which was accompanied by several mineral discoveries, through his work with Exxon Minerals, Kennecott Exploration, Cerro de Pasco
and Compania de Minas Buenaventura. Dr. Wu holds an M.A. and Ph.D. in economic geology from Harvard University and is a fellow of
the Society of Economic Geologists.
Of these appointments, Kurt Hoffman, President of Trend Mining Company, said that, "We are extremely pleased and honored to welcome
Mike Sharratt, Ishiung Wu and Jeffrey Christian onto Trend's Board of Directors. As Chairman of the Board, Mike's extensive experience
in all facets of the mining industry, particularly his long-standing involvement in the exploration and subsequent development of the Stillwater
mine, represents an invaluable addition to our company. Mike and Ishiung's first-hand knowledge of platinum group metals geology -- not
only at Stillwater but also, in Ishiung's case, at our own Lake Owen complex -- perfectly complements the experience of our geological
team and will be a cornerstone of the process we have developed to review and explore our land holdings, which already comprise one of
the largest and most attractive PGM property portfolios on the continent."
He continued: "Jeff Christian's increased involvement with our company reinforces an already strong and fruitful relationship between Trend
and CPM Group. Moreover, Jeff's unique position and frame of reference within the precious metals industry gives our company an added
dimension in our corporate development activities. His intimate knowledge of the platinum, palladium and rhodium markets, built over many
years of working with the industry's key players, will be of great importance to us as we seek to build the leading PGM exploration
company in North America."
Throughout this press release there are forward looking statements and assumptions made by management within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are subject to the safe harbor created by
those sections. Factors that could cause results to differ materially from those projected are, but not limited to, adverse price fluctuations of
underlying metals, the company's ability to acquire and develop properties, competition from larger more established companies, the ability
to finance future acquisitions and projects, and governmental regulation. Trend Mining Company believes that the projects it has entered into
and those it will enter into show promise, but there can be no guarantee of that. This press release is for information purposes only and
should not be construed as an offer to solicit, buy, or sell any security.
--30--AMP/se*
CONTACT: Trend Mining Company
Kurt Hoffman, 208/664-8095
Fax, 208/667-9616
email -- kurt@trendmining.com |
