San Anton Resource Corporation: San Anton Announces New Director
TORONTO, ONTARIO--(Marketwire - Dec. 19, 2008) - San Anton Resource Corporation (SNN:TSX) is pleased to announce that Jeffrey Dawson was elected to the Board of Directors at San Anton's recent annual and special meeting of shareholders. Mr. Dawson is the President of Jeffrey Dawson Insurance Agencies Limited, a full-service insurance agency representing several major insurance companies which operates from offices in Toronto, Ontario and offers life and disability insurance, employee benefit and pension plans, and investment advice to its clients. Mr. Dawson, a twenty-eight year veteran of the life insurance industry, is a Certified Financial Planner, a Chartered Life Underwriter, a Chartered Financial Consultant, a Registered Health Underwriter, a Fellow of the Life Management Institute, and a Registered Trust & Estate Practitioner. Mr. Dawson also serves as a director of EXMIN Resources Inc. and Galleria Opportunities Inc.
"We are pleased to have Mr. Dawson join San Anton's Board. His experience in the capital markets will be a definite asset to the current Board of Directors, as the company focuses on advancing its Cerro del Gallo gold-silver-copper deposit towards development," stated John Cook, President & CEO.
The Board has also appointed Mr. Dawson to San Anton's Audit Committee.
About San Anton Resource Corporation
San Anton Resource Corporation is an exploration and development company that is listed on the Toronto Stock Exchange and is totally focused on the mining friendly jurisdiction of Mexico. The Company's principal asset is a 63% interest in the San Anton Property (Goldcorp 37%), which hosts the near-surface Cerro del Gallo gold-silver-copper deposit. The Property is located in a historic gold-silver mining district and has only recently been subjected to modern exploration techniques. This work quickly identified several targets and has led to the delineation of a NI 43-101 Measured & Indicated Mineral Resource of 461 million tonnes grading 0.27g/t gold (3.9Moz), 11g/t silver (163Moz) and 0.11% copper (1.09Blb) and an Inferred Mineral Resource of 166 million tonnes grading 0.11g/t gold (0.6Moz), 7 g/t silver (39Moz) and 0.10% copper (0.36Blb). The deposit remains open in several directions. Metallurgical test work and engineering studies are currently underway to complete a Pre-Feasibility Study and to advance the project towards a development stage.
The Toronto Stock Exchange has neither approved nor disapproved the contents of this press release. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of San Anton are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the expectations of San Anton are detailed from time to time in the filings made by San Anton with securities regulators.