Graham Clark, Jr. Appointed CEO of Golden Fame Resources
04 Avril 2011 - 10:08PM
Marketwired
Golden Fame Resources Corp. (TSX VENTURE: GFA) ("Golden Fame" or
"the Company") is pleased to announce that Graham "Chip" M. Clark,
Jr. has been appointed President, Chief Executive Officer and
director of the Company. Mr. Clark was the former Senior Vice
President of Newmont Mining.
Graham "Chip" Clark, Jr.
Graham "Chip" Clark has been involved in the international hard
rock mining community for the last 35 years as house counsel for
The Anaconda Company and ASARCO, and as an officer and executive
with the Newmont Mining Corporation - seven years as General
Counsel and five years as Senior Vice President.
He has negotiated and implemented many joint operating
agreements and other transactions involving the acquisition,
finance and provision of security for mineral properties in the
U.S., Canada, Mexico, Peru, Ecuador, Australia, Spain, Romania,
Uzbekistan and Indonesia.
Mr. Clark was a key player in the successful settlement and
remediation of Superfund clean-up actions and Clean Air violations
in Colorado and Arizona. He has been involved in the acquisition of
publicly and privately held companies for cash and stock, and
senior mining company issuances of common stock and secured
debt.
Chip Clark is well acquainted with junior resource companies. As
founder and President of Gold Discovery Company, a privately funded
exploration company which acquired and tested prospects in South
America, Eastern Europe and central Asia he obtained and proved up
a new government concession and was able to farm out its discovery
to a major mining company. Mr. Clark serves as Chairman of United
Mining Group, a near-production mining company working in Idaho's
Silver Valley.
He has testified before Congress as an industry representative
for the National Mining Association at House subcommittee hearings
on environmental remediation regulations for public lands. Mr.
Clark is a graduate of Yale College and Yale Law School.
Officer and Board Resignations
Mr. Peter Bryant has resigned as a director and Mr. Robert Bick
has resigned as President and CEO. Golden Fame wishes to express
its appreciation to Mr. Peter Bryant who has served as a director
of Golden Fame since its incorporation and would also like to
express its appreciation to Mr. Robert Bick who has served as the
President, CEO and director of Golden Fame since its incorporation.
Mr. Bick will remain as a director of the Company.
About Golden Fame Resources
Golden Fame's focus is to acquire and put into production
historically productive gold, silver and copper properties now
economic due to the robust increase in metals prices.
On Behalf of the Board of Directors,
Golden Fame Resources Corp.
Lawrence Dick, Director
FORWARD LOOKING STATEMENTS: This press release contains
forward-looking statements, which address future events and
conditions, which are subject to various risks and uncertainties.
The Company's actual results and financial position could differ
materially from those anticipated in such forward-looking
statements as a result of numerous factors, some of which may be
beyond the Company's control. These factors include: results of
exploration activities and development of mineral properties,
fluctuations in the marketplace for the sale of minerals, the
inability to implement corporate strategies, the inability to
obtain financing, currency fluctuations, general market and
industry conditions and other risks disclosed in the Company's
filings with Canadian Securities Regulators.
Forward-looking statements are based on the expectations and
opinions of the Company's management on the date the statements are
made. The assumptions used in the preparation of such statements,
although considered reasonable at the time of preparation, may
prove to be imprecise and, as such, undue reliance should not be
placed on forward-looking statements. The Company expressly
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise.
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.
Contacts: Golden Fame Resources Corp. Savio Chiu
604-688-9588
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