VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 2, 2011) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Expedition Mining Inc. (TSX VENTURE:EXU) (the "Company") wishes to announce the appointment of Anthony Floyd and James Chapman to the Advisory Board of Expedition Mining Inc. The Advisory Board will assist Expedition's management team with the Joy and Mt. Mervyn projects and assess any future opportunities.
Anthony (Tony) Floyd, P. Geo, obtained his academic credentials in the United Kingdom. First with a B.Sc. Honours degree in geology from the University of Nottingham and then a M.Sc in Mineral Exploration and Mining Geology from the University of Leicester. In 1987 he formed Bridger Resources Inc. From 1993 to 2009 he was president of Inca Pacific Resources Inc. Mr. Floyd was a founding member of the Lumina Copper Group (comprised of Lumina Copper Corp. and its successor companies: Regalito Copper Corp., Lumina Resources Corp., Northern Peru Copper Corp. and Global Copper Corp.). Mr. Floyd is currently a director of Inca Pacific Resources Inc and Toro Resources Corp.
James (Jim) Chapman, P. Geo, is a graduate of University of British Columbia with a Bachelor of Science degree in geology. His experience includes all aspects of the industry from project generation through implementation and report preparation for owners, clients and regulatory authorities. These programs have included: mineral exploration for gold, silver, copper, molybdenum, base metals, diamonds, phosphate, graphite and uranium in Canada, the United States, Mexico, South and Central America, Africa and Europe. He is currently a director of Golden Cross Resources.
Expedition Mining has granted James Chapman 100,000 incentive stock options at an exercise price of $0.40 per share. The options are exercisable for a period of five years, ending on July 11, 2016, and are subject to the requirements of the Exchange and the Company's Stock Option Plan.
Expedition is a publicly held Canadian exploration company focused on acquiring, exploring and developing gold properties located in favourable geo-political climates. The company is led by a highly skilled, experienced board and management team with significant successes in managing early stage mineral exploration companies. For additional information concerning Expedition Mining Inc. or its various exploration projects please visit Expedition's website at www.expeditionmining.com.
ON BEHALF OF THE BOARD:
Ronald Atlas, President & Chairman of the Board
Expedition Mining Inc.
CAUTION REGARDING FORWARD LOOKING STATEMENTS:
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Expedition Mining to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and potential development of its properties, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold. Although Expedition Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Expedition Mining does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.
Issued Share Capital: 56,360,318
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
William Galine
(604) 662-3903
bgaline@expeditionmining.com
www.expeditionmining.com