OTTAWA, ONTARIO--(Marketwire - May 3, 2012) - Mazorro Resources Inc. ("Mazorro" or the "Company") (TSX VENTURE:MZO)(FRANKFURT:JAM) is pleased to announce that Mr. Neil Richardson and Mr. Dean Hanisch, President and CEO of the Company have been nominated for election to Mazorro's board of directors at the Company's upcoming annual and special meeting of shareholders scheduled for May 28, 2012.
Mr. Richardson is currently the COO of VMS Ventures a TSX Venture listed company with an advanced stage joint venture with Hudbay Minerals Inc. Neil has over 24 years experience in mineral exploration and mining operations of base metal and precious metal deposits throughout Canada. Mr. Richardson was most recently the Manager of Exploration for Murgor Resources Inc. where he was responsible for delineation of two projects to National Instrument 43-101 compliant mineral resource estimates and for project generation. Prior to joining Murgor in 2006, Mr. Richardson worked for HudBay Minerals Inc. as a Senior Exploration Geologist responsible for greenfield and brownfield projects in the Flin Flon - Snow Lake area. He was part of a team that discovered a number of new mineralized zones throughout the belt. He also has past experience as a Senior Mine Geologist with extensive background in resource - reserve estimations and operations. Mr. Richardson graduated from Cambrian College in 1988, with a Geological Engineering Technology diploma. He is a member of the Association of Professional Engineers and Geoscientists of Manitoba.
Mr. Dean Hanisch, President and CEO of Mazorro stated, "Neil Richardson's considerable background in exploration geology will strengthen the board's technical oversight. During late March 2012, Leo Cote joined the board and brings extensive experience in mine engineering and development. We believe the proposed board of directors will add shareholder value going forward."
Subject to shareholder approval at the annual and special meeting, Mazorro's board of directors will be comprised of Mr. Andre Audet, Gregory Bowes, Leo Cote, Dean Hanisch and Mr. Neil Richardson.
Mazorro Resources Inc. is a TSX Venture listed, Canadian based, precious metals exploration company that is active in creating value through exploration and development of bulk tonnage and high-grade gold deposits within Canada's Abitibi Gold district. Mazorro has 47,364,773 common shares outstanding.
Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential mineralization) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.Neither the TSX Venture Exchange or 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.
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