West Africa Gold (NASDAQ:WAGI)
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West Africa Gold Inc. Establishes an Advisory Committee and
Appoints Its Chairman
Company Appoints Ferdi da Silva Pereira as Advisory Committee Chairman
NEW YORK, May 19 /PRNewswire-FirstCall/ -- West Africa Gold Inc. (BULLETIN
BOARD: WAGI) announced today that it has formed an Advisory Committee to be
comprised of senior geologists and experienced mining engineers. This
Committee will initially focus on the evaluation of all the geological data and
Mining Reports in respect of the Company's initial five Mining Projects in
Mali, West Africa and to then formulate a strategy for the exploration and
development of these five mining projects.
The Advisory Committee's Reports and recommendations will be published on the
Company's web site, http://www.westafricagold.com/ as the Committee deems
appropriate and all agreed strategies in respect of each of these five Mining
Projects will be issued to shareholders and interested parties through frequent
Press Releases.
The Chairman of this Advisory Committee is Mr. Fernando ("Ferdi") Ivo da Silva
Pereira.
Mr. Pereira is fluent in French and Portuguese as well as in two African
dialects. He is familiar with Mali and Africa and is based in Johannesburg,
South Africa. He has a B.Sc. from the University of Natal in South Africa and
completed a thesis on the Geology of Zululand to read for his M.Sc. He is
registered as a Professional Geologist (Pr.Sci.Nat.) with the South African
Council for Natural Scientific Professions.
Mr. Pereira's experience in the geological field is primarily in South Africa,
Namibia, West Africa and in Brazil. His experience covers exploration geology
in Coal, Gold, Uranium, Manganese, Chrome, Tin, Andalucite, Magnesite, PGM's
and Diamonds. All of this Exploration Geological Exploration experience
encompassed field exploration and mapping, remote sensing techniques with
aerial photography, satellite and TIR imagery, hydrogeology, core drilling,
sampling, applied geostatistics, geophysics and geochemistry; large scale
sampling, metallurgical testing and feasibility studies; mine planning and
control with computer modeling applications as well as Project feasibility
studies and mine evaluations.
Mr. Pereira also has experience in the Metallurgy of Diamonds with the design,
fabrication, erection, control and day-to-day operation of Dense Media plants,
rotary pans, jigs, crushers, mills and Sortex. His experience in Metallurgy of
Gold encompasses the crushing, milling, CIP and carbon elution and in Coal with
the Metallurgical control and blending. His experience in Chrome, Tin and
Andalucite encompasses Ore concentration and beneficiation.
Mr. Pereira's Mining experience includes Surface mining including quarry and
strip mining, hands-on management control, mine evaluation, planning and
geological correlation and control; control of operation of medium-sized
draglines, bulldozers, backactors, trucks and ADT's, surface drilling and
blasting. He is experienced in Surface and environmental studies and
rehabilitation. His experience in Underground operations include in
board-and-pillar, block-caving, rasue mining, mine planning, development and
control.
Mr. Pereira's Mine management experience includes his appointment as Mine
Manager, General Manager and as Executive Director in medium-sized operations
with overall technical and executive responsibility, company administration,
financial planning, organization and control. He has been involved in Project
management and as Plant project prime contractor on diamond recovery plants. He
has been appointed in overall control General project management, surface
mining and pilot plant, mine feasibility and evaluation projects.
Mr. Pereira has worked for a number of companies over the years including Rand
Mines, Southern Sphere Mining, Mineracao Colorado Brazil, Newmont Mining,
Carrigs, Angodior Angola, Rietfontein Gold Recovery, New Rand Mining
Corporation, Trans Hex International (Angola) and Lazare Kaplan International.
He has served as a Consultant Geologist to numerous Mining Companies in various
sectors of the Mining Industry. He is a Director of Mesklip Research (Pty)
Limited, a company established to develop mining projects worldwide, a Director
of Belafrique Mining (Pty) Limited, a company established to mine Alluvial
Diamonds in the DRC and is a Director of Haraambe Mining (Pty) Limited, a South
African Black Empowerment Mining Company established to develop various Mining
Projects in that country.
Mr. Pereira will now be appointing further experienced and highly qualified
Geologists and Mining Engineers as members of the Company's Advisory Board and
full details of all of these appointments will be announced in due course.
About West Africa Gold Inc.:
West Africa Gold Inc., http://www.westafricagold.com/, has acquired a 70%
interest in the Toubikoto (Gold), Manianguiti (Gold), In Darset (Gold, Base
Metals), Anefis (Gold, Base Metals) and Touban (Nickel, Copper PGE's) mining
properties. The properties are located in diverse geographic locations
throughout Mali. In aggregate, the properties total over 500 square kilometers
(approximately 193 square miles). The Geological Resource Evaluation on the
properties indicates a potential Inferred Geological Resource of at least
3,000,000 ounces of gold. The Company will continue to explore the various
rights and potential new targets
Statements contained in this press release, which are not historical facts, are
forward-looking statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are based
largely on the Company's expectations and are subject to a number of risks and
uncertainties beyond the Company's control, including but not limited to
economic, competitive and other factors affecting the Company's operations,
management team effectiveness, expansion strategies, available financing,
market prices and recovery costs, government regulations involving the Company,
facts and events not known at the time of this release, and other factors
discussed in the Company's filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date of this release. The Company undertakes no
obligation to update publicly any forward-looking statements.
This release was issued through Major Newswire (http://www.majornewswire.com/)
DATASOURCE: West Africa Gold Inc.
CONTACT: Equity Alliance International, +1-858-459-3552, for West Africa
Gold Inc.
Web site: http://www.majornewswire.com/
Web site: http://www.westafricagold.com/