Post by Zoinkers on Feb 24, 2007 15:51:22 GMT -5
Press Release Source: J-Pacific Gold Inc.
J-Pacific Gold Undergoes Staff Reorganization While Focusing on a Vigorous Program of Exploration and Development of Its North American Gold Projects
Tuesday February 13, 1:07 pm ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 13, 2007) - J-Pacific Gold Inc. (TSX VENTURE:JPN - News; OTCBB:JPNJF - News), a company engaged in the exploration of gold prospects in North America, in outlining its new exploration programs, announced that J-Pacific was undergoing changes within its senior management. Michael Michaud, President, will be leaving as of February 28, 2007 to pursue other interests. Nick Ferris, presently Chairman of J-Pacific, will return to his previous position as President and CEO on an interim basis.
In making the announcement today, Mr. Ferris said that the Board of J-Pacific joins him in wishing Mr. Michaud well in his new endeavours and thanks him for his participation in the past few months in growing J-Pacific's various gold exploration projects in British Columbia, Quebec and Nevada.
"We at J-Pacific are fortunate to possess great depth of experience and continuity in our management and a strong network of professional consultants that enable us to pursue the aggressive exploration programs at our Blackdome, Callaghan, Elizabeth and Montgolfier projects," said Mr. Ferris. "We have a full slate of activities in the coming months, and we look forward with great anticipation to the assay results of these programs. We shall also be out and about telling the J-Pacific story - one of considerable promise - to investors at numerous presentations, trade shows and seminars in North America and abroad," he said.
About J-Pacific
J-Pacific Gold is a junior resource company focused on gold exploration and mining in North America. Since its inception in 1990, J-Pacific has engaged in a variety of exploration activities as well as small-scale gold production. Currently, J-Pacific's goal is to become a world-class exploration company with a sustaining cash flow from production. Its Blackdome Gold Mine is fully permitted, while its exploration properties are drill ready.
On behalf of the Board of Directors
Nick Ferris, Chairman
Statements in this press release, other than statements of historical information, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from those projected or suggested due to certain risks and uncertainties, some of which are described below. Such forward-looking statements include comments regarding the establishment and estimates of mineral reserves (and non-reserve mineralized material), future increases in mineral reserves, the recovery of any mineral reserves, construction cost estimates, construction completion dates, equipment requirements and costs, production, production commencement dates, grade, processing capacity, potential mine life, results of feasibility studies, development, costs and expenditures. Factors that could cause actual results to differ materially include timing of and unexpected events during construction, expansion and start-up; variations in ore grade, tons mined, crushed or milled; delay or failure to receive board or government approvals; timing and availability of external financing on acceptable terms for equipment, construction, working capital and other purposes; the availability of adequate power and water supplies; the availability of adequate mining equipment; technical, permitting, mining or processing issues; and fluctuations in gold price and costs. There can be no assurance that future developments affecting the Company will be those anticipated by management.
The forecasts contained in this press release constitute management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received and that actual results will vary from these estimates, possibly by material amounts. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any particular event. Investors and others should not assume that any forecasts in this press release represent management's estimate as of any date other than the date of this press release. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested is contained in the Company's filings with the Securities and Exchange Commission (SEC) over the past 12 months, copies of which are available from the SEC or may be obtained upon request from the Company.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contact:
Nick Ferris
J-Pacific Gold Inc.
Chairman
1-888-236-5200
(604) 684-6678 (FAX)
Email: info@jpgold.com
Website: www. jpgold.com
Victor Webb/Madlene Olson
Marston Webb International
Media Inquiries
(212) 684-6601
(212) 725-4709 (FAX)
Email: marwebint@cs.com
--------------------------------------------------------------------------------
Source: J-Pacific Gold Inc.
J-Pacific Gold Undergoes Staff Reorganization While Focusing on a Vigorous Program of Exploration and Development of Its North American Gold Projects
Tuesday February 13, 1:07 pm ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 13, 2007) - J-Pacific Gold Inc. (TSX VENTURE:JPN - News; OTCBB:JPNJF - News), a company engaged in the exploration of gold prospects in North America, in outlining its new exploration programs, announced that J-Pacific was undergoing changes within its senior management. Michael Michaud, President, will be leaving as of February 28, 2007 to pursue other interests. Nick Ferris, presently Chairman of J-Pacific, will return to his previous position as President and CEO on an interim basis.
In making the announcement today, Mr. Ferris said that the Board of J-Pacific joins him in wishing Mr. Michaud well in his new endeavours and thanks him for his participation in the past few months in growing J-Pacific's various gold exploration projects in British Columbia, Quebec and Nevada.
"We at J-Pacific are fortunate to possess great depth of experience and continuity in our management and a strong network of professional consultants that enable us to pursue the aggressive exploration programs at our Blackdome, Callaghan, Elizabeth and Montgolfier projects," said Mr. Ferris. "We have a full slate of activities in the coming months, and we look forward with great anticipation to the assay results of these programs. We shall also be out and about telling the J-Pacific story - one of considerable promise - to investors at numerous presentations, trade shows and seminars in North America and abroad," he said.
About J-Pacific
J-Pacific Gold is a junior resource company focused on gold exploration and mining in North America. Since its inception in 1990, J-Pacific has engaged in a variety of exploration activities as well as small-scale gold production. Currently, J-Pacific's goal is to become a world-class exploration company with a sustaining cash flow from production. Its Blackdome Gold Mine is fully permitted, while its exploration properties are drill ready.
On behalf of the Board of Directors
Nick Ferris, Chairman
Statements in this press release, other than statements of historical information, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from those projected or suggested due to certain risks and uncertainties, some of which are described below. Such forward-looking statements include comments regarding the establishment and estimates of mineral reserves (and non-reserve mineralized material), future increases in mineral reserves, the recovery of any mineral reserves, construction cost estimates, construction completion dates, equipment requirements and costs, production, production commencement dates, grade, processing capacity, potential mine life, results of feasibility studies, development, costs and expenditures. Factors that could cause actual results to differ materially include timing of and unexpected events during construction, expansion and start-up; variations in ore grade, tons mined, crushed or milled; delay or failure to receive board or government approvals; timing and availability of external financing on acceptable terms for equipment, construction, working capital and other purposes; the availability of adequate power and water supplies; the availability of adequate mining equipment; technical, permitting, mining or processing issues; and fluctuations in gold price and costs. There can be no assurance that future developments affecting the Company will be those anticipated by management.
The forecasts contained in this press release constitute management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received and that actual results will vary from these estimates, possibly by material amounts. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any particular event. Investors and others should not assume that any forecasts in this press release represent management's estimate as of any date other than the date of this press release. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested is contained in the Company's filings with the Securities and Exchange Commission (SEC) over the past 12 months, copies of which are available from the SEC or may be obtained upon request from the Company.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contact:
Nick Ferris
J-Pacific Gold Inc.
Chairman
1-888-236-5200
(604) 684-6678 (FAX)
Email: info@jpgold.com
Website: www. jpgold.com
Victor Webb/Madlene Olson
Marston Webb International
Media Inquiries
(212) 684-6601
(212) 725-4709 (FAX)
Email: marwebint@cs.com
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Source: J-Pacific Gold Inc.