Vancouver, British Columbia, November 7 (ots/PRNewswire) - Canyon
Copper Corp. is pleased to announce that Mr. Ben Ainsworth, MA
(Oxon), PEng. has agreed to accept the position of President of
Canyon Copper Corp.
Ben Ainsworth, who earned an honours degree in geology at Oxford
in 1962 was with Placer Development for 21 years, formerly as Senior
Geologist, having held assignments as Chief Geochemist, Exploration
Manager - Eastern Canada, Exploration Manager - Chile, President -
Placer Chile S.A. de C.V. In Chile and Western Canada, Placer worked
mainly on bulk tonnage mineral projects such as the porphyry class
He joined Placer in 1965 after working in base metal exploration
in Eire and completing service as a Development Geologist with the
Ghana Geological Survey in West Africa. From 1968 to 1978, his
principal speciality area of work related to the application and
research of geochemistry for mineral exploration. He carried out
extensive exploration work in British Columbia and the Yukon, which
lead to the discovery, in 1972, of the world class Howards Pass lead
- zinc deposit, by the application of exploration geochemistry.
Following the work related to the lead-zinc discovery, he was
selected to manage exploration for Placer in other regions of Canada
and offshore. This activity included the design of exploration
programmes together with required budget and cost control overview,
the arranging of the acquisition and disposal of mineral properties
through sale, option and lease which required an ability to carry out
proximate valuations to assure that Placer met acceptable industry
In 1986, he and a partner formed the consulting firm of
Ainsworth-Jenkins Holdings Inc. (The Consultancy). The first years of
practise focused on gold and silver in Nevada and northern tier
states in Mexico, drawing on the experience gained from working on
similar projects for Placer. The Consultancy undertook the design and
implementation of the reactivation of the Huckleberry porphyry
copper/gold project financed by New Canamin Resources Ltd in the
period 1992 to 1994. The project became a successful mining operation
placed into production by Princeton Mines in 1997.
The Consultancy was also responsible for the concept, design and
implementation of the 1995 exploration program that lead to the
discovery of the first reported marine alluvial diamonds in the
territorial waters of Sierra Leone, West Africa.
In 1994-96, Ainsworth worked for Cascadia Metals and Chemicals
Corporation on their Mongolian projects and selected the 4000 sq km
Sharingol Concession (gold). This was vended to Cameco as a
substantial gold resource following the exploration programme carried
out by the Consultancy. The property has become an advanced gold
project for Centerra Gold Inc, the gold company spun-off by Cameco.
In the period 1995-97, Ainsworth was Consultant to Columbia Yukon
Exploration Ltd, Consolidated Venturex Holdings Ltd and BHR-Buffalo
Head Resources and served on the boards of those companies. He
managed their broad spectrum exploration campaign on more than a
million acres of claims in Labrador, following the Voisey's Bay
nickel discovery. This work located a significant discovery of
nickel-copper-cobalt on claim block 1506, north of Voisey's Bay, and
an exhalative gold deposit on claim block 785 to the south of
Ainsworth has also carried out contracts for the Provincial and
Federal Governments as well as private sector clients in several
industrial minerals fields over the past 20 years. This work included
market surveys and project assessments for the BC Geological Survey
Branch and Western Diversification. Commodities included bentonite,
borates, columbite, felspar, glass sands, kaolin, limestone, mica,
peat, wollastonite and zeolites.
He has served on the BC and Yukon Chamber of Mines (BCYCM) Focus
Group for the Task Force on Sustainable Development and is an active
correspondent in the movement to keep Crown Lands open to multiple
resource use. Between 1988 and 2002 he assisted as a member of the
Technical Liaison Committee, which gives inputs to the Geological
Survey Branch of the Ministry of Mines of British Columbia to help
keep programmes relevant to the needs of the mining industry.
Recent work that he has undertaken includes a large uranium
project in the Athabasca Basin, gold and molybdenum-tungsten
exploration in BC, porphyry related copper-gold and calcium borate
exploration in Sonora, Mexico, diamond exploration in Sierra Leone
and the NWT of Canada, and industrial minerals in Nova Scotia and
In 1972, he qualified and registered as a Professional Engineer in
the Province of British Columbia and acts as a "Qualified Person"
under the definition used in National Instrument 43 101. He is a
Canadian citizen by naturalization.
Mr. Brian Wilson, P.Eng., is stepping aside as President but will
remain as a Director. The Company wishes to thank Mr. Wilson for his
considerable contribution and continued support during the
reorganization of the Company.
About Canyon Copper
Canyon Copper Corp.'s New York Canyon Property is located in the
New York Canyon area of the Santa Fe Mining District, Mineral County,
Nevada. The project hosts oxide and sulphide copper bearing
mineralization outlined by historical operators. The most advanced of
these zones is the Longshot Ridge copper oxide deposit. This zone has
not been completely outlined and remains partially open. The Copper
Queen mineralized zone is located approximately three kilometres west
of Longshot Ridge and hosts copper and molybdenum sulphide
mineralization. Several additional mineralized areas identified
throughout the New York Canyon property have yet to be explored.
This Press Release may contain, in addition to historical
information, forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements are identified by their use of terms and phases such as
"believe.' "expect,' "plan,' "anticipate" and similar expressions
identifying forward-looking statements. Investors should not rely on
forward-looking statements because they are subject to a variety of
risks, uncertainties and other factors that could cause actual
results to differ materially from the Company's expectations, and
expressly does not undertake any duty to update forward-looking
statements. These factors include, but are not limited to the
following, the Company's ability to obtain additional financing,
geological, mechanical or difficulties affecting the Company's
planned geological work programs, uncertainty of estimates of
mineralized material and other factors which may cause the actual
results, performance or achievements of the Company to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements.
CANYON COPPER CORP.
Anthony R. Harvey. Chairman and CEO
For further information: Tom Corcoran, Investor Relations,
ots Originaltext: Canyon Copper Corp.
Im Internet recherchierbar: http://www.presseportal.ch
For further information: Tom Corcoran, Investor Relations,