Thursday 22 December 2011

Temex Resources appoints new VP of exploration

Temex Resources Corp. (CVE:TME) said Wednesday it has appointed Karen Rees as its new vice president of exploration, effective immediately.
Rees is now in charge with the planning, management and implementation of the company’s exploration programs and development plans.
Rees, who holds a Bachelor of Science from the University of Saskatchewan, has worked with Temex since 2003 as general manager. She brings 25 years worth of mineral exploration experience.
In addition, she has also has worked for a number of publically listed companies in roles like project manager, exploration manager and project geologist.
Her career began in 1987 exploring for gold in the Red Lake mining camp for Noramco Exploration, followed by gold and base metal exploration in northern Manitoba and northern Saskatchewan for Noranda Exploration.
Prior to joining Temex, Rees was general manager of exploration at Avalon Ventures which explored precious and rare metals projects in north-western Ontario.
In a statement, chief executive, Ian Campbell, said, "Karen has the expertise and management skills that will prove to be very valuable as Temex transitions to an advanced exploration company through the acceleration and expansion of our gold and silver exploration projects in north-eastern Ontario."
"Karen significantly strengthens our senior executive team, has been instrumental in Temex's precious metals portfolio and corporate growth to date, and we are very pleased to have her lead our exploration group at this exciting time."
Separately, the company said its board has approved a $3 million exploration budget for November 2011 to June 2012.
Temex said it plans to perform diamond drilling on its Whitney gold project in Timmins, Ontario, where two drills are currently active – in a joint venture with Goldcorp (TSE:G).
The impetus of this work is to develop near surface NI 43-101 compliant gold resources on both the Hallnor and Broulan Reef blocks.
Additionally, the company also intends to complete an updated NI 43-101 compliant resource estimate for the Juby gold project near Timmins as well as drill test a number of exploration targets in the area of the resource.

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