Great Plains Metals Corp. press release
Appointment of a Peruvian Director and the Commencement of Drilling on Igor Project
TSXV - TSX Venture Exchange · Gold · Copper · Molybdenum · Rare Earth Elements · Uranium · Canada
CALGARY, Dec. 21 /CNW/ - Sienna Gold Inc. (SGP.V TSX Venture Exchange) wishes to announce the appointment of Rafael E. Romero of Lima, Peru as a director of Sienna Gold Inc. Rafael E. Romero, 47, was born and raised in Peru and was educated in North America, at Northeastern University. He is presently a senior executive and bank officer at Credicorp (NYSE: BAP) with experience in loans and new projects analysis as well as expertise of the import/export business. Mr. Romero currently manages that bank's personal banking department. He brings over 19 years of experience in Peruvian banking plus other related businesses as part of the Romero Group of companies where he has contributed to the formation of several successful companies. The Board of Directors believes that Mr. Romero's intimate knowledge of Peruvian business and social structure will assist the Corporation in both finding new mineral properties as well as moving their existing gold and silver properties into production. At this time Sienna also announces that Mr. Alan Fraser has resigned from the Board of Directors. Sienna wishes Mr. Fraser continued success in his future endeavours and extends gratitude and thanks for his many years of service on the Board of Sienna. In a related matter, the Corporation announced the granting of 260,000 incentive stock options to directors and employees. Each option has an exercise price of $1.15 and is subject to 2 year vesting.
Commencement of Drilling
Drilling has commenced at the Corporation's Igor gold and silver project in Peru. This program should be completed in the next two months. Drilling results will be announced as soon as they become available.
Sienna Gold Inc. is a mineral exploration company presently focusing on Peru in exploring for precious metals. The Company presently has nine properties in Peru under exploration options. Its primary focus is its gold - silver Igor property, which is an advanced exploration property that has historically produced gold and silver in the La Libertad region of Northern Peru.
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.
Statements in this press release regarding the Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
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