Dec. 28, 2010 (TheNewswire.ca) --
December 28, 2010 --- Vancouver, BC --- Fairmont Resources Inc. (TSXV:FMR) ("Fairmont")(TSX-V: FMR) announced today that it has accepted the resignation of Robert Coltura as Chief Executive Officer, President and a Director of Fairmont. To fill the vacancies caused by Mr. Coltura's resignation, the Board of Directors of Fairmont appointed Bernard Dewonck as Chief Executive Officer and President and Bruno Kasper as a Director.
Mr. Dewonck has served as a member of Fairmont's Board of Directors since September 2010. Mr. Dewonck graduated from the University of British Columbia with a Bachelor of Science degree in Geology in 1974 and Bachelor of Education in 1993. He has worked throughout North, Central and South America on a wide range of base, precious and industrial mineral projects, as well as in the Athabasca oil sands (OOTC:ATHOF) (TSX:ATH) of northern Alberta. He has participated in and managed programs ranging from grassroots to detailed surface and underground drilling programs, and evaluated projects requiring report submissions to regulatory agencies.
Mr. Kasper graduated from the University of Alberta with a Bachelor of Science degree in 1988. Mr. Kasper has consulted on various mineral projects located in Canada, Mexico, Kyrgyzstan and throughout South America, focusing on precious and base metal projects. He has participated in and managed programs that have developed from grass roots discoveries to pre-feasibility status. Mr. Kasper has been a senior geologist and project manager of Coast Mountain Geological Services Ltd. since 2004.
The Board would like to thank Mr. Coltura for all his time and effort provided to Fairmont both as a Director and Senior Officer.
About Fairmont Resources Inc.
Fairmont is a mineral exploration company focused on exploration and development of gold resources in the prolific Shebandowan Greenstone Belt, Ontario, which hosts numerous past and present producers, resources and active exploration projects serviced by excellent infrastructure. The Clay-Powell project is located approximately 140 kilometres from Thunder Bay, Ontario.
On behalf of the board,
Bernard Dewonck
President
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Fairmont cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Fairmont's control. Such factors include, among other things: risks and uncertainties relating to Fairmont's ability to implement its exploration and development program of its mineral projects, Fairmont's limited operating history; and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Fairmont undertakes no obligation to publicly update or revise forward-looking information.
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For further information contact:
Rain Communications
Nelson Da Silva Tel: 604-648-0523 (direct)
Ralph Biggar Tel: 604-306-2525 (direct)
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