🕐27.10.10 - 15:54 Uhr
Temex Announces Appointment of Jari Paakki as Vice-President, Exploration
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Re: News Releases - Wednesday, October 27, 2010
Temex Announces Appointment of Jari Paakki as Vice-President,
Exploration
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News Release NR20-2010
TSX Venture Exchange: TME, Frankfurt Exchange:TQ1
October 27, 2010 (TORONTO, ONTARIO): Temex Resources Corp.
(TSX-V: TME,
FWB: TQ1) ("Temex" or "the Company") announces the appointment of Mr.
Jari Paakki, MSc., PGeo.
as Vice-President, Exploration effective
November 1, 2010.
"Jari Paakki joins us at a strategic time as Temex transitions from a
junior to a mid-tier exploration company," said Ian Campbell, President
and CEO of Temex Resources Corp.
"Mr.
Paakki brings significant
project management and exploration development experience, providing
the expertise to accelerate and expand the development of our gold
explorations projects in northeastern Ontario.
Mr.
Paakki will be
instrumental in the future growth of Temex."
Mr.
Paakki has over 20 years experience in mineral exploration and was
most recently Vice-President Exploration and Project Development for
Blackstone Ventures Inc.
Prior to that, he spent 12 years with Teck
Cominco Limited as Senior Geologist based in the Thunder Bay regional
office, managing gold, copper-zinc and nickel-copper exploration
projects in eastern Canada, and previously worked in the Mineral
Deposits Division of the Geological Survey of Canada and Falconbridge
Limited.
Mr.
Paakki will be responsible for the day to day management and
implementation of all of the Companys exploration programs.
The
position will be based out of the Companys head office in Toronto.
Ian Campbell, P.
Geo., President and CEO of the Company, is the
designated "qualified person" (within the meaning of National
Instrument 43-101) responsible for the preparation of this news
release.
About Temex Resources Corp.
Temex is a Canadian based exploration company focusing on its portfolio
of precious metals properties in northeastern Ontario, a world class
mining district.
Temex is focussed on developing the Timmins Gold
Project, and specifically the property known as Whitney, in partnership
with Goldcorp and at the same time advancing its 100% owned Juby Gold
Project, one component of which is the 100% owned Juby Lease Property
which contains a National Instrument 43-101 Indicated resource of
614,000 ounces of gold and an Inferred resource of 602,000 ounces of
gold (news release June 15, 2010).
Forward Looking Statements:
This news release contains forward-looking statements.
All statements,
other than statements of historical fact, that address activities,
events or developments that the Company believes, expects or
anticipates will or may occur in the future (including, without
limitation, statements relating to the Companys expectations regarding
the development of its gold exploration projects) are forward-looking
statements.
These forward-looking statements reflect the current
expectations or beliefs of the Company based on information currently
available to the Company.
Forward-looking statements are subject to a
number of risks and uncertainties that may cause the actual results of
the Company to differ materially from those discussed in the
forward-looking statements, and even if such actual results are
realized or substantially realized, there can be no assurance that they
will have the expected consequences to, or effects on the Company.
Factors that could cause actual results or events to differ materially
from current expectations include, among other things, the possibility
that future exploration results will not be consistent with
expectations, changes in equity and gold markets, uncertainties
relating to the availability and costs of financing needed in the
future and the other risks involved in the gold exploration business.
Any forward-looking statement speaks only as of the date on which it is
made and, except as may be required by applicable securities laws, the
Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information,
future events or results or otherwise.
Although the Company believes
that the assumptions inherent in the forward-looking statements are
reasonable, forward-looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein.
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.
For More Information please visit www.temexcorp.com or
email: or
phone: 416-862-2246 toll free: 866-373-6287
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Copyright (c) 2010 TEMEX RESOURCES CORP (TME) All rights reserved.
For more information visit our website at http://www.temexcorp.com/ or
send mailto:
Message sent on Wed Oct 27, 2010 at 6:32:54 AM Pacific Time
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