ALBUQUERQUE, N.M., Apr 25, 2012 (BUSINESS WIRE) — Santa Fe Gold Corporation is pleased to announce the appointment of Mr. John White as Vice President and General Manager of its wholly owned subsidiary, the Lordsburg Mining Company, which operates the Summit silver-gold mine and Lordsburg processing facility in southwest New Mexico. Mr. White has over 35 years of diverse mining experience in exploration, project development, construction and operations. A substantial part of his experience has been in New Mexico, where he has held senior management positions with both mining and construction companies. Mr. White holds a B.S. Degree in Geological Sciences from the University of Washington and a M.S. Degree in Geosciences from the University of Arizona.
“We are delighted to welcome John as a key member of our management team,” said Pierce Carson, President and CEO. “John will have primary responsibility for the administration and operation of the Summit mine and Lordsburg processing plant, where we recently announced commercial production and currently employ 65 people. John’s breadth and depth of experience in all phases of underground and open pit mining operations will be invaluable as we continue to ramp up production and expand processing operations.”
About Santa Fe Gold:
Santa Fe Gold is a U.S.-based mining and exploration enterprise focused on acquiring and developing gold, silver, copper and industrial mineral properties. Santa Fe controls: (i) the Summit mine and Lordsburg mill in southwestern New Mexico, which began processing operations in 2010; (ii) a substantial land position near the Lordsburg mill, comprising the core of the Lordsburg Mining District; (iii) the Ortiz gold property in north-central New Mexico; (iv) the Black Canyon mica deposit and processing equipment near Phoenix, Arizona; and (v) a deposit of micaceous iron oxide (MIO) in western Arizona. Santa Fe Gold intends to build a portfolio of high-quality, diversified mineral assets with an emphasis on precious metals.
To learn more about Santa Fe Gold, visit www.santafegoldcorp.com .
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable U.S. and Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the Company’s inability to obtain any necessary permits, consents or authorizations required for its activities, the Company’s inability to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company’s Annual Report on Form 10-K for the year ended June 30, 2011 and its most recent quarterly reports filed with the United States Securities and Exchange Commission (the “SEC”), and other information released by the Company and filed with the appropriate regulatory agencies. All of the Company’s U.S. public disclosure filings may be accessed via www.sec.gov and its Canadian public disclosure filings may be accessed via www.sedar.com , and readers are urged to review these materials.
SOURCE: Santa Fe Gold Corporation
Santa Fe Gold Corporation
Pierce Carson, 505-255-4852
President and Chief Executive Officer
or
Investor Relations
Torrey Hills Capital
Clay Chase, 858-456-7300
[email protected]
