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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (2585)	10/11/2013 7:47:54 PM
From: Goose94	Read Replies (1) \| Respond to of 202720

Santa Barbara Resources (SBL-V) drilling at the Sancos project is progressing ahead of schedule and below budgeted cost. To date, 17 reverse-circulation drill holes have been completed, representing 3,960 metres of the planned 5,000-metre drill program currently in progress with Santa Barbara Resources Ltd.'s joint venture partner Rio Alto Mining Ltd. Between five and six additional drill holes will test other targets within the Sancos Central zone. Assay results for all of these holes will be published when they become available. Visual inspection of the drill chips has revealed the presence of long intersections of hydrothermal breccias, vuggy silica, massive silica, and granular silica rock and alteration types characteristic of high-sulphidation epithermal gold systems. Appointment of new chief financial officer Santa Barbara also reports that Doris Meyer has notified the company of her decision to retire as chief financial officer with effect from Oct. 8, 2013. Ms. Meyer has served in this role since the company's inception in 2007. She will remain as corporate secretary. On behalf of the board of directors, Christoph Lassl, president and chief executive officer of Santa Barbara, would like to thank Ms. Meyer for her significant contributions over the years as chief financial officer and is pleased that she will remain on as corporate secretary. Dan O'Brien has been appointed as chief financial officer. Mr. O'Brien is a Canadian chartered accountant and has been the company's controller since 2012. He was previously a senior manager at a leading Canadian accounting firm where he specialized in the audit of public companies in the mining and resource sector. We seek Safe Harbor.