VANCOUVER, BC--(Marketwire - Aug 1, 2012) - Handeni Gold Inc. (the "Company"
or "Handeni Gold") (OTCQB: HNDI) is pleased to announce the appointment of
additional members to its technical advisory committee.
The Company is pleased to welcome Dr. P.G. Gresse, Mr. C.J. Lötter and
Ole Naiko to our Technical Advisory Committee.
Dr. Gresse is a renowned structural geologist with a lifetime experience in
Africa. He has extensive experience in field geological mapping, structural
geology and basin analysis. Dr. Gresse has been involved in various
international research and mapping programs specialising in Late
geology. Dr. Gresse has published widely in local and international
(33) and has attended and presented papers at numerous international
and symposia (25).
Mr. Lötter has 30 years experience in mining and exploration
geophysics and has
run his own consulting and contracting business for 20 years. He has
experience in the Greenstone terrains of southern, eastern and western
well as the Zambian and Botswana Copper belts. Mr. Lotter is involved in
planning and design and QC/QA and interpretation, including 2D/3D forward
inversion modelling, on a daily basis.
Mr. E.D. Ole Naiko (a mining engineer by training) conducted his post
studies in Mineral Economics and Metallurgical Engineering at the Colorado
School of Mines. He has been an executive director of the Tanzania
Centre and the manager of various state mining companies, including gold
companies, as well as an executive director of the TIC (Tanzania Investment
Centre) in Tanzania. Mr. Naiko plays a major role in promoting the minerals
industry of the country and attracting investment to the sector.
Handeni Gold's Technical Committee now consists of the following members:
Dr. P.G. Gresse (Structural- and Exploration Geology),
Mr. C. Lötter (Geophysics and Exploration Geology),
Mr. B. McDonald (Exploration- and Economic Geology),
Mr. E. D. Ole Naiko (Mining Engineering and Mineral Economics) and
Dr. R. Scheepers (Petrology, Geochemistry, Exploration Geology).
The Technical Advisory Committee has been specifically constituted to
Handeni Gold to effectively operate in the geological environments
with mineralized systems in Archaean and Proterozoic terranes. Additional
expertise comprising other disciplines may be co-opted to the committee
time to time, as the situation may require.
"Hands on expertise, a long history of applicable experience and scientific
integrity is what the committee represents, and this is exactly what
Gold needs": commented Dr. Reyno Scheepers, President and CEO of Handeni
About Handeni Gold Inc.
The Company is an emerging mineral exploration company focused on exploring
developing mining opportunities in Tanzania. For more information, go to
Safe Harbour Statements
Except for the statements of historical fact contained herein, the
presented in this news release constitutes "forward-looking statements" as
term is used in applicable United States and Canadian laws. These
relate to analyses and other information that are based on forecasts of
results, estimates of amounts not yet determinable and assumptions of
management. Any statements that express or involve discussions with respect
predictions, expectations, beliefs, plans, projections, objectives,
or future events or performance (often, but not always, using words or
such as "expects" or "does not expect", "is expected", "anticipates" or
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actions, events or results "may", "could", "would", "might" or "will" be
occur or be achieved) are not statements of historical fact and should be
as "forward-looking statements". Such forward looking statements involve
and unknown risks, uncertainties and other factors which may cause the
results, performance or achievements of the Company to be materially
from any future results, performance or achievements expressed or implied
such forward-looking statements. Such risks and other factors include,
others, the actual results of exploration activities, the availability of
capital to fund programs and the resulting dilution caused by the raising
capital through the sale of shares, accidents, labour disputes and other
of the mining industry including, without limitation, those associated with
environment, delays in obtaining governmental approvals, permits or
in the completion of development or construction activities, title disputes
claims limitations on insurance coverage. Although the Company has
identify important factors that could cause actual actions, events or
differ materially from those described in forward-looking statements, there
be other factors that cause actions, events or results not to be as
estimated or intended.
There can be no assurance that such statements will prove to be accurate as
actual results and future events could differ materially from those
in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements contained in this news release and in any
referred to in this news release.
Forward looking statements are made based on management's beliefs,
opinions on the date the statements are made and the Company undertakes no
obligation to update forward-looking statements if these beliefs, estimates
opinions or other circumstances should change, except as required by
law. Such forward-looking statements reflect our current views with respect
future events and are subject to certain risks, uncertainties and
including, the risks and uncertainties outlined in our most recent
statements and reports and registration statement filed with the United
Securities and Exchange Commission (the "SEC") (available at www.sec.gov)
with Canadian securities administrators (available at www.sedar.com). Such
and uncertainties may include, but are not limited to, the risks and
uncertainties set forth in the Company's filings with the SEC, such as the
ability to obtain additional financing, the effect of economic and business
conditions, the ability to attract and retain skilled personnel and factors
outside the control of the Company. These forward-looking statements are
of the date of this news release, and the Company assumes no obligation to
update the forward-looking statements or to update the reasons why actual
results could differ from those projected in the forward-looking
except as required by applicable law. Although the Company believes that
beliefs, plans, expectations and intentions contained in this news release
reasonable, there can be no assurance those beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consider all of the
information set forth herein and should also refer to the risk factors
in the Company's periodic reports filed from time-to-time with the SEC.
news release shall not constitute an offer to sell or the solicitation of
offer to buy securities of the Company nor shall there be any sale of these
securities in any jurisdiction in which such offer, solicitation or sale
be unlawful prior to registration or qualification under the securities
any such jurisdiction.
A golden opportunity
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Source: Handeni Gold Inc. via Thomson Reuters ONE