James Bay Resources Appoints Brad Leonard as Exploration Manager
Tuesday September 23, 9:59 am ET
TORONTO, ONTARIO--(Marketwire - Sept. 23, 2008) - James Bay Resources Limited (TSX VENTURE:
JBR -
News; "James Bay" or the "Company") is pleased to announce that Mr. Brad Leonard has joined the Company as Exploration Manager.
Mr. Leonard is a professional geologist with more than 25 years experience in the mining industry and has been involved in a wide range of projects both in Canada and overseas. He has held positions with the
Ontario Ministry of Northern Development and Mines in the Ontario Geological Survey and Mining Lands Section. Before joining James Bay Resources, Mr. Leonard was the Exploration Manager with the internationally respected consulting firm of Caracle Creek International Consulting Inc.
Commenting on his decision to join James Bay, Mr. Leonard remarked: "Given the highly prospective anomalies identified to date on the Company's McFauld's Lake property, I was eager to get involved in a project located in an area that could potentially be a new world class mining district."
"We are very excited to have a geologist of Brad's caliber join James Bay," said Mr. Stephen Shefsky, President & CEO. "Brad brings extensive operational experience and will be key in driving our exploration program forward."
About James Bay Resources
James Bay is a well-financed Canadian mineral exploration company with 19,700 hectares of 95 royalty-free, 100-percent owned claims in the McFauld's Lake area of the James Bay Lowlands. The Property is located roughly 30 kilometres west-southwest of the "Eagle One" Ni-Cu-PGE discovery made by Noront along the "Ring of Fire", an emerging and potentially world-class base metal camp. The Company currently has 27,872,850 shares outstanding and trades on the TSX Venture Exchange under the symbol "JBR". For more information please visit the James Bay website at www.jamesbayresources.com
Disclaimer
Certain statements contained in this news release may contain forward-looking information within the meaning of Canadian securities laws. Such forward-looking information is identified by words such as "estimates", "intends", "expects", "believes", "may", "will" and include, without limitation, statements regarding the company's plan of business operations (including plans for progressing assets), estimates regarding mineral resources, projections regarding mineralization and projected expenditures. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, risks inherent in the mining industry, financing risks, labour risks, uncertainty of mineral resource estimates, equipment and supply risks, title disputes, regulatory risks and environmental concerns. Most of these factors are outside the control of the company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
Contact:
Stephen Shefsky
James Bay Resources Limited
President & CEO
(416) 366-4200
Lenny Foreht
James Bay Resources Limited
Corporate Development
(416) 364-2266
Email: lforeht@linearcapital.com
Website: www.jamesbayresources.com
Source: James Bay Resources Limited
