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Ambrex Appoints Former Anglo American Executive to Board.


TORONTO--(BUSINESS WIRE)--Dec. 17, 1996--AMBREX CORP. (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network.  AMBX ) Ambrex Mining Corporation is pleased to announce the appointment of Alan Bruce McKerron, formerly Executive Director of Anglo American Corporation of South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , to the Ambrex Board of Directors.

Mr. McKerron spent his career with Anglo American, retiring as Executive Director in 1996. For 23 years he was Chairman of Anglo's New Mining Business Division. Mr. McKerron actively consults on international mining matters with clients in Australia, Canada and South Africa.

Ambrex expects that its gold and base-metal exploration activities in Brazil will greatly benefit from Mr. McKerron's advice and involvement.

Ambrex's most advanced property in Brazil, the Aripuana property, hosts a Volcanogenic vol·ca·no·gen·ic  
adj.
Of volcanic origin.
 Massive Sulphide (VMS (1) (Virtual Memory System) A multiuser, multitasking, virtual memory operating system for the VAX series from Digital. VMS applications run on any VAX from the MicroVAX to the largest unit. See OpenVMS. ) orebody discovered during drilling earlier this year with grades of up to 13.3 percent zinc across 9 meters and 5 percent copper and 1.63 grams per tonne gold across 5.8 meters. Ambrex is also exploring its priority gold property, the Trairao project, near Alta Floresta. Early results from the Trairao exploration program have confirmed a gold-in-soils anomaly 650 meters long and open in both directions.

Ambrex is an exploration and development company specializing in mineral exploration in Brazil. The Company's shares trade on the Canadian Dealing Network Canadian Dealing Network (CDN)

The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991.
 (CND CND Campaign for Nuclear Disarmament

CND n abbr (= Campaign for Nuclear Disarmament) → plataforma pro desarme nuclear

CND (Brit) n abbr (=
) under the symbol AMBX. -0- This release is available on the Internet at http://www.cdn-news.com

CONTACT: Ambrex Mining Corporation

William Fisher, 416/ 865-9300

or

Ambrex Mining Corporation

Gary Last, 416/ 865-9300

or

Hume, Kieran Inc.

Jon W. Kieran, 416/ 868-1079

or

Hume, Kieran Inc.

Olav Svela, 416/ 868-1079
COPYRIGHT 1996 Business Wire
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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 17, 1996
Words:256
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