🕐11.03.11 - 19:54 Uhr
Andover News
GENERAL MANAGER HIRED FOR EAST TINTIC MINING DISTRICT, UTAH March 11,
2011, Vancouver, B.C.
- Andover Ventures Inc.
("Andover" or the
"Company") (AOX-TSX: V) (AOVTF-United States) (R2X-Frankfurt
Exchange)
is pleased to announce that Chief Consolidated Mining Co.
("Chief")
(78.53% controlled by Andover) has hired Michael R.
Carter as General
Manager for Chiefs East Tintic District mining properties in Utah, USA.
Mr.
Carter has the responsibility of hiring and managing all staff
required to put the Trixie Gold/ Silver Mine into production as well as
the development of the districts other assets including the Burgin
Extension Deposit amongst others.
Mr.
Carter will report to COO Larry
Segerstrom.
Mr.
Carter has extensive industry experience with many mining companies
since his graduation, with a B.S.Geology from the University of Idaho.
He is a past Director of the Nevada Mining Association and the South
Dakota Mining Association.
During the last 40 years his management
positions have included the following; 1.
Capital Gold Inc.
- Contract Consultant (Gold - Open Pit 7500 tpd) 2.
Alamos Gold Inc.
- General Manager/ Project Manager Malatos (Gold - Open
Pit 10,000 tpd) 3.
Geomaque Exploration Ltd.
- Vice President Operations (Gold - Open Pit)
4.
Coeur dAlene Mines - Mine Manager (Gold/ Silver - Open Pit) 5.
Occidental Minerals Corporation - Project Manager (Gold/ Silver - Open
Pit)
Larry Segerstrom, the Companys COO, comments, "after an extensive
search for a General Manager for our operations in the East Tintic
Mining District were extremely pleased to have hired someone with such
extensive experience as Mike Carter to manage our projects.
People like
Mike will be key to our success."
Andover has granted to Michael R.
Carter, 150,000 shares of stock
options exercisable at .80 cents per share for a period of 5 years.
These options vest over a 4 year period with 25% vesting each year on
the anniversary date of the stock option agreement.
About Andover:
Andover Ventures is a precious and base metal exploration and
development company, headquartered in Vancouver, British Columbia,
Canada.
Andover Ventures holdings are located in the historic East
Tintic Mining District, Utah, USA, and the polymetallic rich Ambler
Mining District, located in Alaska, USA.
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