(TSX VENTURE:CZH) News; Crazy Horse Appoints AMEC Minproc as Taysan Study Managers
VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ mining and gold stocks blog ) - Sept. 30, 2010) - Crazy Horse Resources Inc. (TSX VENTURE:CZH) (the "Company") is pleased to announce it has engaged AMEC Minproc Limited ("AMEC") to act as study managers and process plant consultants for the Company's Taysan copper-gold project Scoping Study (the "Taysan Study").
Under the terms of its engagement letter, AMEC has agreed to manage the Taysan Study and provide process plant scoping level designs, costings and implementation strategies over a six month period. The Taysan Study start date and the engagement of AMEC are conditional upon and commensurate with the completion of the Company's acquisition of a 100% interest in the Taysan copper-gold project in the Philippines, which is subject to the approval of the TSX Venture Exchange.
AMEC Minproc has a successful history in the development and provision of engineering services and project delivery of mineral processing facilities spanning 30 years. Its credentials include completion of more than 400 feasibility studies and over 240 major projects in 40 countries, playing an important role in some of the world's major resource provinces. The Taysan Study will be managed out of AMEC's Brisbane office supported by its global experience and high value engineering centres in Asia, including the Philippines.
The resource estimation for the Taysan Study will be provided by Mining Associates which is a specialist minerals and energy consultancy based in Brisbane, Australia. Mining Associate's Andrew Vigar is a technical advisor to Crazy Horse. The mining study will be provided by IMC Mining Solutions Pty Ltd also out of Brisbane. Both Mining Associates and IMC have extensive and recent Philippines experience.
For additional information concerning the Taysan Project, see the NI 43-101 compliant technical report filed under the Company's profile on SEDAR (www.sedar.com).
ON BEHALF OF THE BOARD
Darren Devine, President and CEO
This press release includes "forward-looking statements" including the engagement of AMEC, IMC Mining Solutions Pty Ltd and Mining Associates following the successful completion of the Acquisition of the Taysan project which is beyond the control of Crazy Horse Resources Inc. Statements regarding the completion of the Acquisition are subject to all of the risks and uncertainties normally incident with the raising of capital and completing corporate transactions including, but are not limited to, financing risks, inflation and costs of goods and services, property title issues and regulatory approvals. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Crazy Horse Resources Inc. does not assume the obligation to update any forward-looking statement, except as required by applicable law.
Under the terms of its engagement letter, AMEC has agreed to manage the Taysan Study and provide process plant scoping level designs, costings and implementation strategies over a six month period. The Taysan Study start date and the engagement of AMEC are conditional upon and commensurate with the completion of the Company's acquisition of a 100% interest in the Taysan copper-gold project in the Philippines, which is subject to the approval of the TSX Venture Exchange.
AMEC Minproc has a successful history in the development and provision of engineering services and project delivery of mineral processing facilities spanning 30 years. Its credentials include completion of more than 400 feasibility studies and over 240 major projects in 40 countries, playing an important role in some of the world's major resource provinces. The Taysan Study will be managed out of AMEC's Brisbane office supported by its global experience and high value engineering centres in Asia, including the Philippines.
The resource estimation for the Taysan Study will be provided by Mining Associates which is a specialist minerals and energy consultancy based in Brisbane, Australia. Mining Associate's Andrew Vigar is a technical advisor to Crazy Horse. The mining study will be provided by IMC Mining Solutions Pty Ltd also out of Brisbane. Both Mining Associates and IMC have extensive and recent Philippines experience.
For additional information concerning the Taysan Project, see the NI 43-101 compliant technical report filed under the Company's profile on SEDAR (www.sedar.com).
ON BEHALF OF THE BOARD
Darren Devine, President and CEO
This press release includes "forward-looking statements" including the engagement of AMEC, IMC Mining Solutions Pty Ltd and Mining Associates following the successful completion of the Acquisition of the Taysan project which is beyond the control of Crazy Horse Resources Inc. Statements regarding the completion of the Acquisition are subject to all of the risks and uncertainties normally incident with the raising of capital and completing corporate transactions including, but are not limited to, financing risks, inflation and costs of goods and services, property title issues and regulatory approvals. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Crazy Horse Resources Inc. does not assume the obligation to update any forward-looking statement, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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