NIOGOLD APPOINTS JONATHAN RICHARDS AS CFO
1 Jun 2010
Vancouver, BC – June 1, 2010 – NioGold Mining Corporation (TSX-V: NOX, Frankfurt: NG1, OTC: NOXGF) is pleased to announce the appointment of Mr. Jonathan Richards as Chief Financial Officer effective June 1, 2010.
Mr. Richards was previously an audit manager at a premier Canadian chartered accountant firm where he specialized in the mining industry. Mr. Richards has significant accounting experience working with mineral exploration and development companies in Canada and throughout the world.
Mr. Richards completed a Bachelor of Management Studies degree with first class honours from the University of Waikato, New Zealand and gained his membership of the New Zealand Institute of Chartered Accountants in 2005. In addition to audit experience, Mr. Richards is also the Chief Financial Officer of a number of other public mineral exploration and development companies.
NioGold Mining Corporation – « On Canada’s Golden Highway »
NioGold Mining Corporation is a mineral exploration company focused on GOLD. The Company’s flagship projects are located in the Cadillac – Malartic – Val-d’Or stretch of the prolific Abitibi gold mining district, Quebec. The Cadillac – Malartic – Val-d’Or area has produced over 45M ounces of gold since the 1930’s and presently encompasses eight producing gold mines and a major mine development project (Canadian Malartic, Osisko Mining). NioGold’s land holdings within the Abitibi presently cover 115 km2 and encompass three former gold producers, namely the Norlartic, Kierens (First Canadian), and Marban mines that collectively produced 600,000 ounces of gold. NioGold has outlined Indicated resources of 598,000 ounces gold and Inferred resources of 361,000 ounces gold in and around these deposits.
NioGold’s experienced and qualified technical team will ensure the successful advancement of the Company’s projects towards the highest quality mineral resources. NioGold invites you to visit the company website at www.niogold.com.
For information about NioGold Mining Corporation contact:
FORWARD-LOOKING STATEMENTS
This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The TSX Venture Exchange or the Frankfurt Stock Exchange did not approve nor do not accept responsibility for the adequacy or accuracy of this news release.
CAUTIONARY NOTE TO U.S. INVESTORS
The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this news release, such as ‘measured resources’, ‘indicated resources’ and ‘inferred resources’, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 20-F. The news release contains information about adjacent properties on which we have no right to explore or mine. U.S. investors are cautioned that mineral deposits on adjacent properties may not be indicative of mineral deposits on our properties.