Sep. 7, 2010 (TheNewswire.ca) --
King's Bay Gold Corp. (TSX.V-KBG) is pleased to announce the appointment of James A. Rogers to the Board of Directors of the company.
Mr. Rogers is the President and CEO of Mega Precious Metals (OOTC:MPRXF) (TSXV:MGP) (TSX.V-MGP) of which Mr. Ewan Downie is Chairman of the Board. Jim is a registered Professional Geoscientist (Ontario and B.C.) with over 30 years' experience in the Canadian mining industry. He was most recently the Regional Exploration Manager of Goldcorp Inc. (TSX:G''G) (NYSE:GG) (TSX:G) in the Red Lake Camp. Jim was awarded the CIM Professional Proficiency metal in 1988 when he was Chief Mine Geologist at Dickenson Mine, predecessor to the current Red Lake Gold Mines. The first exploration drill holes into what ultimately became Goldcorp's High Grade Gold Zone were drilled on his watch. While at Eskay Creek Mine as Chief Geologist, Jim was part of the team that received the E.A. Schultz Award for Mine Development.
King's Bay Gold is very pleased to have Jim on board to assist in the future management and development of the company as we move forward.
Rainy River Area Drilling
The company is also presently waiting for assay results from five drill holes that were recently completed on its Menary property. The Menary Township property is located on the northeast corner of Richardson Township where Rainy River Resources (TSXV:RR) (TSX.V-RR) has been conducting successful gold discoveries.
About King's Bay Gold
The Corporation is a very active Canadian mineral exploration company with mineral projects located in Canada's main gold camp - Red Lake, ON. Strategic properties include - (1) The Headway, a property located in Red Lake, ON (exploring for gold with Mega Precious Metals Inc.); (2) the Raleigh Lake Rare-Earths prospect near Dryden, Ontario, (3) the Fort Frances property (exploring for PGEs and diamonds); (4) the Cameron Lake gold property, next door to the former Nuinsco Cameron Lake deposit;(5) the Brooks Lake/Dash Lake gold property adjacent to the Pipestone Fault near Nestor Falls, Ont; (6) the Berven and Devil Lakes properties located in the La Ronge area of Saskatchewan adjacent to the Bingo deposit.
KBG Shares Outstanding: 76,146,903
King's Bay Gold Corporation
John Archibald
President & CEO
(204) 253-4653
info@kingsbaygold.com
www.kingsbaygold.com
This news release includes certain forward-looking statements concerning the future performance of King's Bay Gold Corporation's business, its operations and its financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements are frequently identified by such words as "may", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. These forward-looking statements represent management's best judgment based on current facts and assumptions that management considers reasonable. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing and as described in more detail in the Company's recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and readers are cautioned against placing undue reliance thereon.
Neither 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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