CARSON CITY, Nev., Aug. 16, 2010 (GLOBE NEWSWIRE) -- Denarii Resources Inc. (OTCBB:DNRR) (Berlin:8D3) (Frankfurt:8D3) is pleased to announce the appointment of Dr. Stewart A. Jackson to the companies Board of Directors. He accepts the position of President and Chief Executive Officer (CEO).
Dr. Jackson is an accomplished mining professional with over 40 years of experience in the exploration and development of mineral deposits. He has contributed to many mineral discoveries and evaluations.
In recent years he was involved in the delineation of a major uranium, molybdenum, nickel and vanadium resource in Sweden on properties held by Continental Precious Minerals Inc.
Prior to this, he was instrumental in the advancement of the Turnagain nickel sulphide deposit of northern British Columbia, Canada, held by Hard Creek Nickel Corporation, from a prospect to the billion tonne resource category.
As a senior partner in Crown Resources Corporation, multiple discoveries of gold were made in the Republic District of Washington State, USA, in the 1980's. These total over 4.5 million ounces, with production by Kinross Gold Corporation continuing at the Buckhorn Mine.
In the 1970's, he recognized the potential of the enormous Red Dog zinc-lead belt in Western Alaska, and was instrumental in its exploration and development by Cominco American Incorporated (now Teck-Cominco).
Subsequently, he was Exploration Manager for Houston Oil and Minerals Corporation during the discovery and development of the Manhattan, South McCoy and Borealis gold deposits of Nevada, USA.
Dr. Jackson has authored a number of scientific publications, is a member of several scientific and professional organizations, and is a Registered Professional Geologist (P. Geol.) in the Province of Alberta, Canada. He holds a Bachelor of Science degree in Geology from the University of Western Ontario, Canada, a Master of Science degree in Stratigraphy and Mineral Deposits from the University of Toronto, Canada and a Ph.D in Stratigraphy and Economic Geology from the University of Alberta, Canada.
His knowledge and experience will accelerate the development of Denarii's mineral assets. He reinforces the company's commitment to research, acquire and develop precious metal properties throughout North, South and Latin America.
About Denarii Resources, Inc.
Denarii Resources Inc. is a mineral resource exploration and development company holding a 100% interest in the McNab Molybdenum property located in South-West, British Columbia, Canada. Denarii has an agreement to purchase a 80% interest in Touchstone Precious Metals Inc. which has a 100% interest in the Lucky Thirteen gold and strategic metals placer claim located five kilometers north of Hope, British Columbia, Canada. Denarii is targeting properties that have the potential for early positive cash flow. Denarii is presently reviewing a number of precious metal properties that are near-to, or in production, located in North, South and Latin America. Denarii, founded in 2006, are based in Carson City, Nevada. For more information, please visit www.dnrrgold.com
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Denarii Resources, Inc. please refer to its website at www.dnrrgold.com