Gold World Resources strengthens team for its Jin Yin Dong ("JYD") Gold Mine,
China
TORONTO, Sept. 28 /CNW/ - Gold World Resources Inc. (GDW:TSX-V) ("GWR" or the "Company") is pleased to announce that Mr. Robert Osborne, B.App.Sc.Geology P.Eng., has agreed to act as Consultant Vice-President - Chinese Gold Mines, for the Company's JYD Gold Mine exploration and project development in Guizhou Province, China.
Mr. Osborne is a Senior Geologist and Professional Engineer with credentials to act as a "Qualified Person" to conduct audits for ore reserve statements within the NI43-101 Technical Report framework. He has extensive international experience in exploration management, project evaluation, project development and technical support in integrated mining and processing systems and is recognized as a practical technical expert through interdisciplinary and collaborative work in numerous countries.
His global exploration experience includes gold, copper-gold, nickel and base metals. Among his key accomplishments in exploration are the target definitions and discovery of extensive laterite areas in several tropical and subtropical countries by use of remote sensing techniques and ground follow up; introduction of best practices and new technologies in the global exploration drilling and sampling and evaluation methodologies followed by training of the national geologists.
Mr. Osborne's project development knowhow and practical expertise ensured the completion of geology portions of various project evaluations on time with results that were acceptable to the business groups and favorable to the projects. Mr. Osborne provided technical guidance to junior mining companies that contributed to significantly profitable ventures for the juniors.
Mr. Osborne guided successful exploration and project evaluations leading to changes in production planning through knowledge of competitive advantages. He helped to establish modern sampling and grade control procedures, used ore blending and steady state parameters to optimize production.
"I am very pleased that Mr. Osborne agreed to work with us to ensure that our JYD Gold Mine development benefits from his successes in exploration, developing and producing mines. By coming on board at this stage of development Mr. Osborne is putting to work his wealth of knowledge and experience which matches the needs of the Company", stated Mr. Hermann Derbuch, Chairman & CEO of the Company.
The acquisition of the JYD Gold Mine and exploration property is in line with GWR's vision and objective to become a gold producer by putting a gold mine on the Company's balance sheet, positioning the Company for growth, and increase shareholder value.
ON BEHALF OF THE BOARD "Hermann Derbuch", Chairman & CEO Gold World Resources Inc.
Certain of the statements made and information contained herein is "forward-looking information" within the meaning of the Securities Act (Alberta), including statements concerning Gold World Resources' plans for the Property, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Gold World Resources, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such information contained herein represents management's best judgment as of the date hereof based on information currently available.
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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For further information: Hermann Derbuch, P.Eng., Tel.: 416.594.9888, Fax: 416.594.1967
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