Vancouver, B.C.,
September 27, 2010 – Augusta Resource Corporation (TSX/NYSE Amex: AZC),
Ventana Gold Corp. (TSX: VEN), Wildcat Silver Corporation (TSX-V: WS)
and Riva Gold Corporation (“the Augusta
Companies”) are pleased to announce the appointment of Letitia
Cornacchia to the position of Vice-President, Investor Relations and
Corporate Communications.
Letitia Cornacchia has 10 years of
experience in investor relations and corporate communications. Prior to
joining the Augusta Companies, Ms. Cornacchia was the Director of
investor relations at Yamana Gold. Previous to that, she was in investor
relations in the telecom industry at TELUS with further experience in
various other finance positions. Ms. Cornacchia has a commerce degree
majoring in finance from the Sauder School of Business at the University
of British Columbia and is a CFA charterholder.
Chairman Richard Warke said, “The
Augusta Group has achieved significant growth over the last couple of
years. During this period we have progressed three projects, added a
fourth and significantly strengthened the management team. We are
extremely pleased to have Letitia join our group. She brings an
exceptional degree of experience that will contribute to further value
creation for shareholders of our public companies.”
About Augusta
Augusta is a base metals company focused
on advancing the Rosemont copper deposit near Tucson, Arizona. Rosemont
hosts a large copper/molybdenum reserve that may account for about 10%
of US copper output once in production in 2012 (for details refer to www.augustaresource.com).
The exceptional experience and strength of Augusta’s management team,
combined with the developed infrastructure and robust economics of the
Rosemont project, will propel Augusta to become a solid mid- tier copper
producer. The Company is traded on the Toronto Stock Exchange and the
NYSE Amex under the symbol AZC, and on the Frankfurt Stock Exchange
under the symbol A5R.
About Ventana
Ventana is a Vancouver-based mineral
exploration and development company with mineral rights to 4,573
hectares of exploration property in northeastern Colombia. The Company’s
flagship La Bodega gold-silver project is located in northeastern
Columbia immediately adjacent to the Angostura gold-silver project. The
La Bodega project contains multiple high-grade zones of gold, silver and
copper mineralization occurring in north-northwest dipping
parallel-sheeted vein zones, breccias and mineralized faults within a
broad, northeast trending regional fault zone. Ventana recently
announced an agreement to acquire the La Baja mineral rights, which are
strategically located immediately to the southwest of the La Bodega
tenements, consolidating Ventana’s ownership along 2.1 kilometres within
this prolific gold district. The La Bodega project has excellent road
access and is close to existing infrastructure including power and
water. The Company is conducting an aggressive exploration program and
progressing engineering studies to develop the deposit. Ventana’s shares
trade on the Toronto Stock Exchange under the symbol VEN.
About Wildcat
Wildcat is a Canadian mineral
exploration company focused on development of the Hardshell project in
Santa Cruz County, Arizona. The Hardshell property is held by Arizona
Minerals Inc., of which Wildcat is an 80% owner. Wildcat trades on the
TSX Venture Exchange under the symbol WS.
About Riva
Riva is a Canadian mineral exploration
company that controls 56,341 acres of land in the highly prospective and
under-explored Warapati/Noseno and Arawapai areas of Guyana. Sampling
programs to date on the properties have show veins grading from 30 to
110 grams per tonne gold, although no modern exploration work has been
done. The Company initiated a phase one drill program in September 2010
and is currently awaiting listing on the TSX Venture Exchange.
For additional information please visit www.augustaresource.com, www.rivagoldcorp.com, www.ventanagold.com and www.wildcatsilver.com or contact:
Letitia Cornacchia, Vice-President,Investor Relations and Corporate Communications
Tel: (604) 687-1717
Email: lcornacchia@augustaresource.com, lcornacchia@rivagoldcorp.com, lcornacchia@ventanagold.com or lcornacchia@wildcatsilver.com
Cautionary Statement Regarding Forward-looking Information
Certain of the statements made and
information contained in this press release may constitute
forward-looking information within the meaning of applicable securities
legislation. All information and statements which are not historical
fact constitute forward-looking information and, in many cases, can be
identified by words such as "may", "will", "expect", "plan",
"anticipate", "believe", "estimate", "potential", or other similar
terminology. The forward-looking information contained in this press
release is based on the reasonable expectations and beliefs of
management as at the date of this press release and involves numerous
assumptions, known and unknown risks and uncertainties, both general and
specific to the Augusta Companies and the industry in which the Augusta
Companies operate. Such assumptions, risks and uncertainties include,
but are not limited to future prices of gold, the factual results of
current exploration, development and mining activities, changes in
project parameters as plans continue to be evaluated as well as those
factors disclosed in the Augusta Companies’ documents filed from time to
time with the relevant securities regulators in the applicable
jurisdictions. Should one or more of these risks and uncertainties
materialize, or should underlying assumptions prove incorrect, actual
results, performance or achievements of the Augusta Companies, or
industry results, may vary materially from those described in this press
release. Accordingly, readers are advised not to place undue reliance
on forward-looking information. Except as otherwise required by law, the
Augusta Companies do not intend to and assume no obligation to update
or revise forward-looking information, whether as a result of new
information, plans, events or otherwise.