Sep. 10, 2010 (TheNewswire.ca) --
Vancouver, B.C., September 10, 2010; Jayden Resources Inc. (TSXV:JDN) (OOTC:PNMLF) , ("Jayden" or "the Company") is pleased to announce the appointment of Robert P. (Bob) Felder as President of the Company. Mr. Felder was former U.S. Exploration Manager for Fronteer Development USA.
"Bob Felder is a highly motivated individual with strong technical and leadership abilities and brings to Jayden experience that will be instrumental to our Company as it enters a broader stage of development" states CEO, David Eaton. "Bob is both a seasoned geologist and an experienced manager with exceptional organizational and communication skills. Bob is a valuable addition to Jayden and I welcome him to our team."
Robert P. Felder
Bob Felder has more than 25 years experience as a professional geoscientist, most as an exploration geologist in the mining industry. Bob was U.S. Exploration Manager for Fronteer Development USA from 2007-2009, Vice President, Exploration for NewWest Gold from 2005-2007 and Senior Consulting Geologist for Placer Dome Exploration from 2004-2005.
His wide experience includes serving as Senior Vice President and General Manager of Pittston Nevada Gold Company, holding a variety of positions with Santa Fe Pacific Gold Corporation (OOTC:PCFG) , ending as Exploration Manager for the Central Great Basin, Nevada. Bob has also held positions with Anaconda, Duval, Pegasus and the U. S. Geological Survey.
"I recently visited the Silver Coin property with Robert Perry, VP Exploration and I am impressed with both the property and the potential to expand the resource," comments Bob Felder. "Jayden has an exceptional team that I am looking forward to working with."
Silver Coin
Jayden's flagship property, Silver Coin, is an NI 43-101 advanced-stage gold/silver deposit located in a major metals district - the Stewart Camp, northern British Columbia that includes the historic Silbak-Premier Mine and Barrick Gold's (NYSE:ABX) (TSX:ABX) famed Eskay Creek Mine. Silver Coin has strong exploration potential to the north, north-west and to the south.
Drilling Plans
The Company plans to drill 15-20 holes on the property totalling approximately 3000m to address two important issues for future development:
-Step-out holes to explore for continuation of the mineralization to the north
-In-fill holes to aid in ongoing resource studies and confirmation of the grade and continuity of the mineralization
Technical information in this press release was prepared and reviewed by Robert Perry, P.Geo, who is recognized as a Qualified Person under the guidelines of National Instrument 43-101.
For further information about Jayden and this news release contact Mike Thast at 604-688-9588 or visit Jayden's website at www.jaydenresources.com.
On Behalf of the Board:
"David Eaton"
Chief Executive Officer
FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of the Company's general business development, research development and the Company's development of mineral exploration projects. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Although Jayden Resources Inc. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing, regulatory approvals and other risks disclosed in our filings made with Canadian Securities Regulators.
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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