Klondike Gold Appoints Chairman and Changes Management
KLONDIKE GOLD CORP. (TSX-V: KG) is pleased to announce the
appointment of Erich Rauguth to the positions of Director, President and
CEO. Richard W. Hughes who has served the Company well for over 25 years
has moved from President/CEO to the position of Chairman of the Board
where he will continue to support the Company with his network of
resource investors.
In conjunction with these changes Darcy Hughes has resigned as Director
and the vacancy has been filled with the appointment of Manfred Peschke.
Erich Rauguth has lived and worked in the Klondike Gold Fields for over
40 years and is intimately familiar with the Yukon terrain and climate.
He has over 35 years of 'hands on? exploration and mining experience in
North, Central and South America. Over the last 27 years Erich held
senior consulting and management positions in several mineral resource
companies and is well acquainted with all aspects of the domestic and
international mining industry.
Manfred Peschke has lived for more than 45 years in the Yukon where he
has worked in senior positions in finance and accounting with mining and
service companies. He has operated his own management consulting
business since 1979 and served as Comptroller for the Northern
Commercial Companies Caterpillar Dealership (later Finning Tractor). In
the 1980′s he also served as Managing Director for Cogasa Mining
Corporation, at that time the largest producing placer mine in the
Yukon, and as Director of Carson Gold Corp. (VSE) (later Diamond Fields)
during the time when the Company moved to South America. Mr Peschke
served as President and Chairman of Infinito Gold, formally Vannessa
Ventures LTD. (TSX), where he is still a Director.
These changes of personnel reflect Klondike Gold Corp.′s objective of
increasing its involvement in developing the Eldorado/Bonanza Creek
area; home of the 'discovery claims? which resulted in the world famous
Klondike Gold Rush of 1898.
ABOUT KLONDIKE GOLD CORP. Klondike Gold is a Canadian Junior exploration
company with a long term commitment to the development of the Klondike
Gold Fields. It is also actively exploring a number of gold properties
in SE British Columbia including some past producers and properties with
visual gold showings.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
The statements made in this Press Release may contain forward-looking
statements that may involve a number of risks and uncertainties.Actual
events or results could differ materially from the Company's
expectations and projections.
Hughes Exploration Group
Alan Campbell, CFO
Phone:
(604) 685-2222
Email: info@klondikegoldcorp.com
