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Piedmont Mining Company Announces New Director

2004-09-08 12:02 ET - News Release

RENO, Nev. -- (Business Wire) -- Sept. 8, 2004

Piedmont Mining Company, Inc. (PIED) today announced
that Ralph W. Kettell, II will be joining Piedmont's Board of
Directors. Mr. Kettell has had a variety of careers in high-tech
engineering design, commercial real estate and, more recently, in
exploration for precious and energy related minerals. He has been
involved in numerous engineering design projects involving radio
communications and radar systems for NASA, the Space Shuttle, the
International Space Station and the US Department of Defense. He was
one of the lead engineers in the B-1B Electronic Warfare System and
also designed various components for the EA-6B ICAP Electronic Warfare
System. In addition, Mr. Kettell has designed software for various
communications satellites and radar and warfare systems.
Mr. Kettell has also founded and managed a high-tech R&D start-up.
He directed the design of a UHF radio location system used for the
location and safety of guards in prison systems and was the Lead
Engineer and Program Manager in the development of a cryogenic
surgical instrument for the treatment of prostate cancer.
Since 2000, Mr. Kettell has focused on mineral exploration. He is
the Founder and President of Concentric Energy Corp., a privately held
natural resource company specializing in energy and industrial mineral
resources. Its principal assets are the Anderson uranium property in
Arizona and the MB fluorite and rare element property in Nevada. He is
also a Founding Partner of Nevada Sunrise, LLC, a private gold
exploration company that controls 20 gold, silver and copper
properties, primarily in Nevada, most of which host known mineral
resources. Finally, he is a Founder and Director of AuEx Inc., a
private Nevada mineral exploration company with several gold and
silver properties, and a Founder of North Range Resources Ltd., a
mineral exploration company with eight gold and base metals properties
in Newfoundland. Mr. Kettell was formerly the Marketing Director of
321gold.com, a popular gold website on the internet.
Mr. Kettell holds a BS degree and also an MS degree in Electrical
Engineering from Lehigh University, and is a registered Professional
Engineer. He is 45 years old.
Piedmont has no revenues, few assets, and an $11.5 million
tax-loss carryforward. Its Common Stock is traded in the electronic
pink sheets under the symbol PIED.

The Company is including the following cautionary statement in
this news release to make applicable and take advantage of the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995 for any forward-looking statements made by, or on behalf of, the
Company. Forward-looking statements include statements concerning
plans, objectives, goals, strategies, future events of performance,
and underlying assumptions and other statements that are other than
statements of historic facts. Certain statements contained herein are
forward-looking statements and accordingly involve risks and
uncertainties that could cause actual results or outcomes to differ
materially from those expressed in the forward-looking statements. The
forward-looking statements contained herein are based on various
assumptions, many of which are based, in turn, upon further
assumptions. The Company's expectations, beliefs and projections are
expressed in good faith and are believed by the Company to have a
reasonable basis, but there can be no assurance that management's
expectations, beliefs or projections will be achieved or accomplished.
Contacts:

Piedmont Mining Company
Robert Shields, 347-210-6956