VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 19, 2008) - Eaglecrest Explorations Ltd. ("Eaglecrest"; the "Company") (TSX VENTURE:EEL)(FRANKFURT:EAT) today announced it has further strengthened its exploration team with the addition of Dr. Keith B. Campbell and Francisco Ramos.
Dr. Campbell and Mr. Ramos have joined Eaglecrest as its Senior Geologist and Gold Resource Specialist, respectively.
"We are extremely pleased to have located such excellent talent to add to our outstanding technical team in Bolivia," said Hans Rasmussen, President and Chief Operating Officer. "Keith brings extensive Latin American gold experience with him and Francisco has wide ranging experience with gold resource calculations, which is now the stage of the Trinidad Vein at our San Simon project."
Dr. Campbell joined Eaglecrest on January 1, 2008, as Senior Geologist for the Company's San Simon project in Bolivia. Dr. Campbell will manage all aspects of the project at San Simon and will assist Walter Lienhard, Eaglecrest's Vice President of Exploration, with technical decisions related to managing the project. He will oversee the Company's expanded drilling of high-grade gold shoots in the Trinidad Sector, while also expediting drilling of our other newly-identified, high-potential gold targets to drill-ready stage that are within the Company's huge 300 square kilometers of mineral title.
Dr. Campbell brings over 20 years of exploration experience, including companies such as Bolivar Goldfields and Bema in Venezuela and Chile, as well as other junior companies in Nevada and Colorado. Dr. Campbell received his PhD in Economic Geology from the University of Nevada, Reno in 2006. He received an MSc in Economic Geology from Colorado State University, Fort Collins, in 1994 and his BSc in Geology from Fort Lewis, Colorado in 1985. Dr. Campbell is bilingual due to his extensive work experience in South America.
Mr. Ramos joined Eaglecrest on February 1, 2008 as Resource Specialist and Computer Analyst. Mr. Ramos has 10 years experience in Argentina and Nevada with all aspects of database management and computer skills, and most importantly with multiple resource calculations for companies such as Gryphon Gold Corp., Midway Gold Corp. and Golden Phoenix Minerals Inc. Mr. Ramos received his BSc in Computer, Applications for Metals Exploration and Mining from the University of Salta, Salta, Argentina, in 1996.
"I am particularly excited to have Francisco on board as he will be in charge of building the first geologic models of Eaglecrest's high-grade gold shoots, with the objective of calculating an in-house gold resource estimate," said Mr. Rasmussen. "Having an in-house geological model will enable more efficient drilling aimed at establishing a National Instrument 43-101 compliant gold resource much more rapidly."
Eaglecrest Explorations Ltd. is conducting an advanced exploration project on its San Simon gold property, which is situated in the Precambrian Amazon Basin shield. The Company controls mineral rights that cover nearly 300 square kilometres on the San Simon Plateau in northeast Bolivia. Eaglecrest's mandate is to increase shareholder value by employing strong technical expertise both at the Board level and on the ground to systematically explore and develop the San Simon gold project.
On behalf of the Board of Directors,
Hans Rasmussen, President, Eaglecrest Exploration Ltd.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS: This press release concerns certain "forward-looking statements", including but not limited to, the statements regarding the Company's strategic plan, work programs and exploration budgets at the Company's San Simon Project. The forward-looking statements express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with industry risks, risks associated with foreign operations, environmental risks and hazards and other risks.
FOR FURTHER INFORMATION PLEASE CONTACT:
Eaglecrest Explorations Ltd.
Barnes McInerney Inc.
(416) 367-5000 ext. 248