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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: jackjc who wrote (65076)	5/6/2009 7:50:36 PM
From: loantech	Respond to of 78408

KTN is doing well at hitting much better intercepts than GGC. I still follow it.

To: jackjc who wrote (65076)	8/20/2009 9:31:01 AM
From: loantech	Respond to of 78408

Jack I think this helps Genco: Genco names Hughes as chairman of board 2009-08-20 04:51 ET - News Release Ms. Jada Soomer reports GENCO APPOINTS NEW CHAIRMAN TO THE BOARD OF DIRECTORS Genco Resources Ltd. has elected Richard Hughes chairman of its board of directors. Mr. Hughes takes over the chairman position held jointly since June of 2008 by James Anderson and Robert Gardner. Mr. Anderson and Mr. Gardner commented: "We believe that Genco's board has, over the last year, brought stability to the company by cutting costs and raising needed capital. Genco has been working to complete a feasibility study for expanding La Guitarra mine. As the release of the feasibility study approaches, Genco has been receiving encouraging interest from other mining companies. To continue to move Genco forward and advance La Guitarra, we believe that Genco needs a chairman who has been involved with and overseen large scale production projects, and has experience in mine finance and in negotiating joint venture agreements or mergers. Genco needs a chairman who can impartially guide the choices that are the best for the company and its shareholders. Richard Hughes is that chairman." Mr. Hughes has more than 30 years of experience in the mining industry. As a geologist and mine financier Mr. Hughes has been associated with many success stories and world-class projects, and is best known for his prominent role in the discovery of one of the world's richest gold mines, the Golden Giant (Hemlo mine) in Ontario. He was also behind or instrumental in the discovery of the Belmoral, the Sleeping Giant and the Beaufor mines, each of which involved significant financings and/or high-level negotiations with prominent mining companies. Mr. Hughes currently heads the Hughes Group of companies with headquarters in Vancouver and has been board member of Genco since 2004. Mr. Hughes commented: "I am pleased to be appointed chairman of Genco's board. Genco's La Guitarra property has a large number of new mineral targets to explore, plus existing production areas, and is located in Mexico, a great place to have a mine. Genco has a capable work force and all infrastructures in place. The existing mill and underground operation are great assets, and the property has major upside potential as an ongoing silver and gold producer. I look forward to working with the team of directors and management to develop Genco into a significant mining company."