Handeni Gold Inc. Strengthens its Technical Team
01 August 2012 - 11:01PM
Marketwired
Handeni Gold Inc. (the "Company" or "Handeni Gold") (OTCQB:HNDI) is
pleased to announce the appointment of additional members to its
technical advisory committee.
The Company is pleased to welcome Dr. P.G. Gresse, Mr. C.J.
Lotter and Mr. E.D. Ole Naiko to our Technical Advisory
Committee.
Dr. Gresse is a renowned structural geologist with a lifetime
experience in Africa. He has extensive experience in field
geological mapping, structural geology and basin analysis. Dr.
Gresse has been involved in various international research and
mapping programs specialising in Late Proterozoic geology. Dr.
Gresse has published widely in local and international journals
(33) and has attended and presented papers at numerous
international conferences and symposia (25).
Mr. Lotter has 30 years experience in mining and exploration
geophysics and has run his own consulting and contracting business
for 20 years. He has extensive experience in the Greenstone
terrains of southern, eastern and western Africa as well as the
Zambian and Botswana Copper belts. Mr. Lotter is involved in survey
planning and design and QC/QA and interpretation, including 2D/3D
forward and inversion modelling, on a daily basis.
Mr. E.D. Ole Naiko (a mining engineer by training) conducted his
post graduate studies in Mineral Economics and Metallurgical
Engineering at the Colorado School of Mines. He has been an
executive director of the Tanzania Investment Centre and the
manager of various state mining companies, including gold mining
companies, as well as an executive director of the TIC (Tanzania
Investment Centre) in Tanzania. Mr. Naiko plays a major role in
promoting the minerals industry of the country and attracting
investment to the sector.
Handeni Gold's Technical Committee now consists of the following
members:
Dr. P.G. Gresse (Structural- and Exploration Geology),
Mr. C. Lotter (Geophysics and Exploration Geology),
Mr. B. McDonald (Exploration- and Economic Geology),
Mr. E. D. Ole Naiko (Mining Engineering and Mineral Economics) and
Dr. R. Scheepers (Petrology, Geochemistry, Exploration Geology).
The Technical Advisory Committee has been specifically
constituted to enable Handeni Gold to effectively operate in the
geological environments associated with mineralized systems in
Archaean and Proterozoic terranes. Additional expertise comprising
other disciplines may be co-opted to the committee from time to
time, as the situation may require.
"Hands on expertise, a long history of applicable experience and
scientific integrity is what the committee represents, and this is
exactly what Handeni Gold needs": commented Dr. Reyno Scheepers,
President and CEO of Handeni Gold Inc.
About Handeni Gold Inc.
The Company is an emerging mineral exploration company focused
on exploring and developing mining opportunities in Tanzania. For
more information, go to www.handenigoldltd.com.
Safe Harbour Statements
Except for the statements of historical fact contained herein,
the information presented in this news release constitutes
"forward-looking statements" as such term is used in applicable
United States and Canadian laws. These statements relate to
analyses and other information that are based on forecasts of
future results, estimates of amounts not yet determinable and
assumptions of management. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as
"expects" or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans, "estimates" or "intends", or stating
that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved) are not
statements of historical fact and should be viewed as
"forward-looking statements". Such forward looking statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
the Company to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. Such risks and other factors include,
among others, the actual results of exploration activities, the
availability of capital to fund programs and the resulting dilution
caused by the raising of capital through the sale of shares,
accidents, labour disputes and other risks of the mining industry
including, without limitation, those associated with the
environment, delays in obtaining governmental approvals, permits or
financing or in the completion of development or construction
activities, title disputes or claims limitations on insurance
coverage. Although the Company has attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events
or results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be
accurate as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements contained in this news release and in any document
referred to in this news release.
Forward-looking statements are made based on management's
beliefs, estimates and opinions on the date the statements are made
and the Company undertakes no obligation to update forward-looking
statements if these beliefs, estimates and opinions or other
circumstances should change, except as required by applicable law.
Such forward-looking statements reflect our current views with
respect to future events and are subject to certain risks,
uncertainties and assumptions, including, the risks and
uncertainties outlined in our most recent financial statements and
reports and registration statement filed with the United States
Securities and Exchange Commission (the "SEC") (available at
www.sec.gov) and with Canadian securities administrators (available
at www.sedar.com). Such risks and uncertainties may include, but
are not limited to, the risks and uncertainties set forth in the
Company's filings with the SEC, such as the ability to obtain
additional financing, the effect of economic and business
conditions, the ability to attract and retain skilled personnel and
factors outside the control of the Company. These forward-looking
statements are made as of the date of this news release, and the
Company assumes no obligation to update the forward-looking
statements or to update the reasons why actual results could differ
from those projected in the forward-looking statements, except as
required by applicable law. Although the Company believes that the
beliefs, plans, expectations and intentions contained in this news
release are reasonable, there can be no assurance those beliefs,
plans, expectations or intentions will prove to be accurate.
Investors should consider all of the information set forth herein
and should also refer to the risk factors disclosed in the
Company's periodic reports filed from time-to-time with the SEC.
This news release shall not constitute an offer to sell or the
solicitation of an offer to buy securities of the Company nor shall
there be any sale of these securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction.
Contacts: Handeni Gold Inc. Mr. Bob Dynes Investor relations
manager +1.604.642.6165 or Mobile:
+1.778.881.6165bob@handenigold.com or info@handenigold.com
www.handenigold.com
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