Strategic Mining Corporation Appoints New Vice-President of Exploration
CHEYENNE, Wyo., Oct. 19, 2011 (GLOBE NEWSWIRE) -- Strategic Mining Corp. (OTCBB:SMNG) announces today that Mr. Douglas C. Peters (B.Sc., M.Sc.) of Golden, Colorado has been appointed as Vice-President of Exploration. Mr. Peters has also been elected to Strategic's Board of Directors.
Mr. Peters received M.Sc. degrees in Geology and Mining Engineering from the Colorado School of Mines. His B.Sc. degree was in Earth & Planetary Sciences from the University of Pittsburgh. He is a Certified Professional Geologist in the American Institute of Professional Geologists (AIPG), and a licensed Professional Geologist in Pennsylvania, Texas, Utah, Washington, and Wyoming. He also is a Qualified Person under Canadian securities NI 43-101 regulations.
Mr. Peters is President and COO of ARNEVUT Resources Inc., a privately held precious metals exploration company based in Lakewood, Colorado, with properties in Nevada, New Mexico, and Utah. Mr. Peters also is the owner of Peters Geosciences, a remote sensing and GIS consultancy in Golden, Colorado which began business in 1996. Prior to starting Peters Geosciences, Mr. Peters was a Principal Investigator for the U.S. Bureau of Mines Denver Research Center, specializing in remote sensing and GIS applications for the mining industry.
Strategic President Ken Baird commented, "We're thrilled to have a professional of Doug Peters' caliber join our management team. His participation in the development of our Nat Son gold project in Vietnam is a great addition."
Strategic Mining Corp.'s goal is to become a significant developer of gold properties in Vietnam. It is currently planning more exploration and development programs on its Vietnam properties, and intends to continue to expand its property base by acquisition and joint venture.
Safe Harbor: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.
CONTACT: 425-493-3975
www.strategicminingcorp.com
