Bolivar Mining Corp Announces the Addition of Chief of Engineering, Exploration and Mining
06 12월 2007 - 10:00PM
PR Newswire (US)
VANCOUVER, Dec. 6 /PRNewswire-FirstCall/ -- Bolivar Mining
Corp.(BOLV.PK) is pleased to announce the addition of our new Chief
Engineering and Mining Officer, Michael M. Ellis to the BMC Group.
"Being able to attract Mr. Ellis to Bolivar Mining Corp adds the
element of leadership and expertise necessary to move BMC closer to
our goal of becoming a major international exploration company in
the future," Mr. Arshad Shah, President and Chief Executive Officer
of BMC commented. "I look forward to working with Mr. Ellis, a
respected Engineer in the industry." In this new position, Mr.
Ellis will play an instrumental role in locating and evaluating
mining opportunities, assessing reserves and establishing
procedures for such assessment, designing mining exploration
activities for Bolivar or its subcontractors, preparing reports in
the event mining leases are to be sold to third parties and
implementing BMC operational procedures. Mr. Ellis is a Mechanical
and Materials Engineer with development experience ranging from
oxide single crystal structures for electronic, magnetic and
optical applications to the industrial design and installation of
air conditioning, heating, refrigeration, air filtration,
ventilation and three phase electrical systems. For over 15 years,
Mr. Ellis has been involved in the development of drilling fluid
programs, casing and cementing design for the oil and gas industry.
Over the past decade, he has been involved in drilling and mining
engineering, specializing in well drilling and design optimization
methods for horizontal and multi-lateral wells, reservoir
engineering, and rock mechanics, which Mr. Ellis states as his true
engineering passion. In the field of geotechnical engineering, Mr.
Ellis has successfully synthesized mechanical and materials
engineering with his passion for geology and mineralogy and applied
this to both opencast and underground mining operations, while
mitigating the damage or impact to the environment as a result of
mining production and ore processing. He has been involved in
metals mining from field sampling to ore body estimation and
evaluation to mine planning and design to providing the safest and
healthiest possible environment for miners. Mr. Ellis has designed
and developed innovative air filtration, ventilation and cooling
systems for complex deep underground excavations internationally.
Mr. Ellis is all but dissertated in his Ph.D. in Materials
Engineering with minors in Mechanical and Structural Engineering
from the School of Materials Science and Engineering, Georgia
Institute of Technology. He holds a M.S. in Ceramic Engineering
from the School of Materials Engineering, Georgia Institute of
Technology and a M.B.A. in Finance from the Stetson School of
Business and Economics, Mercer University. Since 1997, Mr. Ellis
has been the Chairman and C.E.O. of Advanced Materials Engineering,
Inc. a company engaged in mechanical, materials, and geotechnical
engineering. About Bolivar Mining Corp.:
--------------------------- Bolivar Mining Corp, is a potential
exploration and mining company seeking global mining prospects in
over five countries on three continents. By implementing efficient
operations and engineering excellence, BMC will have opportunities
to operate in areas where larger mining companies cannot operate
profitably or have overlooked, thus allowing access to bring rich
mineral reserves to the global market. For more information, visit
our website at http://www.bolivarmining.com/. Forward Looking
Statement: -------------------------- Certain information discussed
in this press release may constitute forward-looking statements
within the Private Securities Litigation Reform Act of 1995 and the
federal securities laws. Although BMC believes that the
expectations reflected in such forward-looking statements are based
upon reasonable assumptions at the time made, it can give no
assurance that its expectations will be achieved. Forward-looking
statements are inherently subject to unpredictable and
unanticipated risks, trends and uncertainties, including, but not
limited to, the continued mineral prices at historical rates, costs
of operations, delays, mineral reserves and revenues to be derived
there from, plans to mine additional mineral reserves, acquisition
of additional mineral reserves, maintaining mineral lease rights,
continued maintenance of the mines, mining operations and other
properties, price of minerals, marketing and sales of minerals
mined, government regulation, future financial and operational
results, competition, general economic conditions, and the ability
to manage continued growth. In addition, the Company's ability to
accurately forecast its operating results, and its ability to
achieve profitability or generate positive cash flow are uncertain.
BMC assumes no obligation to update or supplement forward-looking
statements that become untrue because of subsequent events. Readers
are cautioned not to place undue reliance on these forward-looking
statements. To schedule an interview with Arshad Shah, please email
CONTACT: Bolivar Mining Corp., (604) 687-7492,
www.bolivarmining.com, DATASOURCE: Bolivar Mining Corp. CONTACT:
Bolivar Mining Corp., (604) 687-7492,
http://www.bolivarmining.com/,
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