Continental Appoints New President & CEO.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Continental Minerals Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:KMK KMK Kottonmouth Kings (band) KMK Karlsruher Messe- und Kongress-Gmbh KMK Kiss Me Kate KMK Keating Muething and Klekamp PLL )(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :KMKCF) announces the appointment today of Gerald S. Panneton as President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Company. In addition to his role with Continental, Mr. Panneton will also serve as Vice President Corporate Development for Hunter Dickinson Inc. Based in Toronto, Mr. Panneton will take an important role in expanding the business presence of Hunter Dickinson companies. Mr. Panneton has been involved in exploration and mining projects in Canada and internationally for the past 25 years. After acquiring degrees in geology from the University of Montreal Of Montreal is an American indie pop band formed in Athens, Georgia, fronted by Kevin Barnes. It was among the second wave of groups to emerge from The Elephant 6 Recording Company. (BSc) and McGill University McGill University, at Montreal, Que., Canada; coeducational; chartered 1821, opened 1829. It was named for James McGill, who left a bequest to establish it. Its real development dates from 1855 when John W. Dawson became principal. (MSc) in the mid 1980s, he explored for gold in eastern Canada for the Vior-Mazarin Group and Placer Dome Exploration. In 1993, he joined Lac Minerals as Exploration Manager for Eastern Canada, and became Exploration Manager for Canada for Barrick Gold when that company took over Lac in 1994. As part of Barrick's worldwide exploration, project valuation and acquisition group since 1998, he was instrumental in the acquisition of Pangea Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. in July 2000, through which Barrick gained an excellent land position in Tanzania. He played a key role in advancing the Tulawaka Project, now a +100,000 ounce per year gold producer, through feasibility and environmental assessment and permitting. Most recently, Mr. Panneton was Barrick's Director Advanced Projects and Evaluations for the Exploration-Corporate Development group. His experience and success with late stage international projects will be invaluable as Continental advances its porphyry Porphyry, Greek scholar Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus. copper-gold discovery at the Xietongmen Project in Tibet, China. A large exploration program is planned for 2006, encompassing further drilling to define the main Xietongmen deposit and test other copper-gold discoveries within the property, and initiation of engineering and metallurgical evaluations, and environmental and socioeconomic baseline studies. Concurrent with the project's advancement, the Company will continue engagement activities with government agencies and local communities. Mr. Panneton will be also appointed to Continental's Board of Directors. He takes over as President and CEO of the Company from Ronald Thiessen, who will remain a Director and become Co-Chairman of the Board. In commenting on the appointment, Ron Thiessen stated, "Gerald has broad background in project evaluation and development that will make him a welcome addition to our excellent project evaluation team. More than that, Gerald has in recent years been part of Barrick's strong corporate development and project integration group. It is those strengths that we will be capitalizing on with Continental and the Xietongmen Project, as well as other projects within the Hunter Dickinson group of companies. We welcome his input and leadership moving forward. With Gerald remaining in Toronto, he will also be Hunter Dickinson's ambassador to that market." For additional details on Continental and the Hunter Dickinson group of companies, please visit www.continentalminerals.com or www.hdgold.com, respectively, or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114. Ronald W. Thiessen, President and CEO No regulatory authority has approved or disapproved the informatio n contained in this news release. Continental Minerals Corporation (TSX VENTURE:KMK) (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :KMKCF) |
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