Mr. Chris Taylor reports
GREAT BEAR ADDS MICHAEL KENYON TO BOARD OF DIRECTORS
Great Bear Resources Ltd. has added Michael Kenyon to its board of directors.
Mr. Kenyon has over 40 years experience in the international mining industry. He holds BSc and MSc degrees in geology from the University of Alberta.
Mr. Kenyon has been a founding director of a number of mining companies including Sutton Resources Ltd. (acquired by Barrick Gold Corp.), Cumberland Resources Ltd. (acquired by Agnico Eagle Mines Ltd.) and Canico Resource Corp. (acquired by Vale SA).
Most recently he was chairman and interim chief executive officer of Detour Gold Corp. (later acquired by Kirkland Lake Gold Ltd.) and senior independent director of Acacia Mining PLC. In 2005, Mr. Kenyon received the Developer of the Year award from the PDAC in recognition of excellence in mining developments.
Important projects Mr. Kenyon helped develop include the Bulyanhulu project in Tanzania, the Meadowbank project in Nunavut, Canada, the Onca Puma project in Brazil and the Detour Lake project in Ontario, Canada.
Chris Taylor, president and chief executive officer of Great Bear, said: "Michael is a decorated industry veteran who has overseen several major discoveries through the advanced exploration, mine development, construction and operational phases. This includes successfully concluding M&A transactions collectively worth more than $4-billion. His extensive experience will prove invaluable to Great Bear as we continue to advance the Dixie project, and we are very pleased to have him join our team."
Mr. Kenyon said: "Great mining projects under enthused, capable guidance have been a winning combination in my experience. So I'm especially excited by the opportunity to work with the solid team of mining professionals at Great Bear on such an exceptional gold project as Dixie."
The company also reports it has granted an aggregate of 150,000 stock options to a director of the company, exercisable at $16.28 per share for a period of five years. The options are subject to a four-month hold period.
About Great Bear
Great Bear Resources is a well-financed gold exploration company managed by a team with a record of success in mineral exploration.
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