News Today
March 17, 2008
International Gold Resources, Inc. Announces Update on its Cupixi Mining License Application and Appointment of Nathan M. Longenecker as Vice President, General Counsel and Secretary
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Denver, CO, March 17, 2008 (BUSINESS WIRE) - International Gold Resources, Inc. (IGRU News; Pink Sheets) today announced an update on its Cupixi Mining License application and the appointment of Nathan M. Longenecker as the Company's Vice President, General Counsel and Secretary.
Update on Cupixi Mining License
International Gold Resources, Inc. ("IGR") President and Chief Executive Officer Robert L. Dumont recently returned from Brazil where he visited the Company's exploration properties and met with the Regional Director of the Departamento Nacional de Producao Mineral ("DNPM") and other senior government officials regarding the status of the Company's Cupixi Mining License application filed in October 2007.
Mr. Dumont commented, "I return from Brazil very encouraged by the quality of our Brazilian assets, employees and contractors, and the support for IGR and its mining license from the Brazilian Government. The DNPM has asked that we address some minor technical comments to our original license submission. That work is already underway and I expect it will take us approximately 60 days to complete. Based on my meetings with the DNPM and other senior government officials, I believe we continue to have a clear path to receiving our license in the near term."
Mr. Dumont went on to say, "I also toured each of our exploration properties and continue to be very excited by our Cupixi manganese project as well as our gold properties at Cupixi, Lourenco, Cassipore and Cachoeira. As we discussed on our investor conference call, we are nearing completion of our comprehensive data review on our Brazilian gold properties and expect to release that information as well as results of our 2007 Yukon exploration program shortly."
Appointment of Mr. Longenecker
Finally, the Company has appointed, on a part-time basis, Nathan M. Longenecker as the Company's Vice President, General Counsel and Secretary. Mr. Longenecker is a founding partner of Temkin Wielga Hardt & Longenecker LLP, a Denver-based law firm with particular expertise in representing clients in the natural resource industry in both domestic and international matters. Mr. Longenecker grew up in Edmonton, Alberta, Canada. He received his undergraduate degree from Colorado College in 1990 and his Juris Doctorate degree from the University of San Diego School of Law in 1994 where he was a member of the Order of the Coif and the San Diego Law Review. He is a member of the Bar of the Courts of Colorado and the Ninth Circuit and Tenth Circuit Courts of Appeals. Prior to co-founding Temkin Wielga Hardt & Longenecker LLP in 1999, Mr. Longenecker practiced law at the national law firms Dorsey & Whitney LLP and Ballard Spahr Andrews & Ingersoll LLP.
Mr. Dumont said, "I am extremely pleased that Nathan has agreed to join IGR. His background and significant experience representing multinational resource companies make him a great addition to our team as we progress our asset portfolios and grow our Company."
AI
