SOURCE: Gondwana Energy Ltd.

December 07, 2006 09:15 ET

Dr. Alf Björklund Appointed to Board of Advisors

TAMPERE, FINLAND -- (MARKET WIRE) -- December 7, 2006 -- Gondwana Energy Ltd. (OTCBB: GNWA) is pleased to announce Alf Johan Björklund, Ph.D. has been appointed to the company's Board of Advisors.

Commenting on the appointment, Dan Hunter, Chairman and CEO of Gondwana Energy, stated, "Dr. Björklund is a Finnish citizen recognized for his outstanding contributions to the development of Finland's mining industry for more than 45 years. Yet, his remarkable career may extend far into the future, as Finland appears poised to become a leading destination for world-class mineral exploration and development. Dr. Björklund has long understood the untapped mining potential in Finland, especially for large sulphide-hosted nickel deposits. We are most pleased to have him as part of our team."

Dr. Björklund is the Chairman of the Board of Magnus Minerals Oy, a privately owned and operated mining company based in Finland. Formed in 2006, Magnus has amassed a property portfolio consisting of approximately 35 mining prospects in Finland -- most of which are previously explored base-metals projects hosting large geological anomalies. Magnus Minerals optioned to FinMetal Mining Oy the four advanced projects that Gondwana acquired with its acquisition of FinMetal Mining Oy. (See release dated November 28th, 2006 -- "Gondwana Closes Purchase of FinMetal Mining Oy")

Additional past work experience includes:

(1997 - 2001) Board member of Belvedere Resources Finland OY, a Finnish
              base metals exploration company owned by Belvedere Resources
              Ltd.
(1996 - 1998) Board member of Alwima OY, owned by Diamet Ltd.
(1980 - 1986) Head of the Department of Geochemistry, Geological Survey of
              Finland (GTK). Responsibilities of the department included
              regional geochemical mapping, exploration geochemistry, data
              processing, and analytical services for the whole of GTK.
(1979)        Head of the Research and Applied Geochemistry Group in the
              Department of Geochemistry at the GTK.
(1977 - 1979) Visiting professor at the Federal University of Bahia,
              Brazil for exploration geochemistry in the Department of
              Geosciences.
(1975 - 1977) Head of analytical section of the Department of Geochemistry
              at the GTK.
(1973 - 1974) Regional geochemical mapping in central Finland for the
              Department of Geochemistry at the GTK.
(1971 - 1973) Department of Geological Sciences, Queen's University,
              Ontario, Canada. Conducted research and taught with special
              emphasis on data processing and till geochemistry.
              Participation in supervision of M.Sc. and Ph.D. thesis work.
Dr. Björklund continues to assist professionals within the geological community. Since 1986, he has been a professor in the Department of Geology at Abo Akademi University in Abo, Finland, where he teaches applied geochemistry, economic geology, and data processing at the graduate and postgraduate levels. He has been a docent (expert lecturer) on exploration geochemistry in the Department of Geology at the University of Helsinki since 1980. Since 1993, he has been conducting occasional lectures on geochemical mapping at the University of Aveiro in Portugal. To date, Dr. Björklund has authored 35 research papers, 54 abstracts and reports, and has edited four special volumes.

Dr. Björklund has been a Fellow of the Science Society of Finland since 1995 and a Working Fellow of the Finnish Society of Geography since 1993. In 1983 Dr. Björklund was the General Chairman of the Organizing Committees of the 10th International Geochemical Exploration Symposium - Third Symposium on Methods of Geochemical Prospecting held in Espoo, Finland.

Additional professional industry and association activities include:

(1998 - 2001) Board member of the Finnish Society of Mining.
(1998 - 2003) Member of the Advisory Board of the ELMAS Research Unit,
              University of Aveiro, Portugal.
(1988 - 1995) Member of the Finnish National Committee of the
              International Geological Correlation Program (IGCP).
(1993 - 1996) Co-leader of the project IGCP 360 "Global Geochemical
              Baselines."
(1989 - 1993) Chairman of the Technical Committee "Global Geochemical
              Mapping," under IGCP 259 "International Geochemical
              Mapping."
(1988 - 1994) Member of the reference group of the "Äspö Rock Laboratory"
              of the Swedish Nuclear Fuel and Waste Management Co.
(1985 - 1988) Chairman of the Fennoscandian project on geological problems
              related to disposal of radioactive waste in crystalline
              rocks, sponsored by the Nordic Council of Ministers.
(1983 - 1993) Scandinavian Regional Councilor for the Association of
              Exploration Geochemists.
(1984 - 1994) Associate Editor of the Journal of Geochemical Exploration.
(1983 - 1997) Member of the Editorial Board of Lithos.
(1983 - 1991) Vice Chairman of the Working Group on Methods of Geochemical
              Prospecting, The International Association of Geochemistry
              and Cosmochemistry.
(1981 - 1986) Chairman of the Finnish group of geochemists participating
              in the Fennoscandian "Nordkalott" cooperation project.
(1980 - 1986) Member of supporting group for disposal of radioactive waste
              in crystalline rock in Finland.
Gondwana Energy Ltd. has previously announced its intention to change its name to better reflect its new direction. The proposed new name will be FinMetal Mining Ltd. and shareholder approval for the name change will be sought as soon as practical.

On Behalf of the Board:

Daniel Hunter

Disclaimer

This release contains forward-looking statements that are based on the beliefs of Gondwana Energy Ltd.'s management and reflect Gondwana Energy Ltd.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of Gondwana Energy Ltd. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.

Contact Information

  • Contact:

    Daniel Hunter

    Gondwana Energy Ltd.
    Suite 700, One Executive Place
    1816 Crowchild Trail N.W.
    Calgary, AB, Canada T2M 3Y7

    B: 403-313-8985
    F: 403-220-1389