Adriana Resources Inc.
TSX VENTURE : ADI

Adriana Resources Inc.

March 06, 2007 09:30 ET

Adriana Appoints Dr. Joe Griebel to the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 6, 2007) - Adriana Resources Inc. (the "Company") (TSX VENTURE:ADI) is pleased to announce the appointment of Dr. Joe Griebel to the Board of Directors of the Company. Dr. Griebel will be responsible for all of the Company's activities in the country of Brazil with the position of President of Adriana Mineracao Ltda., based in Rio de Janeiro. Adriana Mineracao Ltda. is a newly incorporated and wholly-owned subsidiary of the Company.

Dr. Griebel comes to Adriana after spending the past six years as President of Inco Brazil Limitada where he remained until the recent takeover of Inco by Companhia Vale do Rio Doce (CRVD). Mr. Griebel holds a M. Sc. in Geology as well as a Ph.D. in Mineralogy and has over thirty-five years of experience in International Mineral Project Management.

Dr. Griebel is associated with Novamina Empreendimentos Limitada, an exploration services company based in Belo Horizonte, Minas Gerais, Brazil.

Previous to his position with Inco, Dr. Griebel spent three years (1996 - 1998) as the Senior Vice-President of Exploration for Eldorado Gold Corporation managing all of Eldorado's international exploration activities and prior to this (1990 - 1996) was the Director of Exploration for Unamgen Mineracao e Metalurgia S. A., a subsidiary of Gencor South Africa, and a Director of Gencor's Sao Bento Gold Mine in Brazil.

Michael Beley, President and CEO of the Company, stated; "Having worked with Dr. Griebel at Eldorado Gold Corporation during a period of both Richard Barclay and my tenure, we are delighted to have Joe accept these appointments and join the Adriana team. He brings a life time of knowledge and experience that will greatly assist us in developing and executing our business plan and building Adriana into a mining company."

The Company has granted Dr. Griebel 100,000 incentive stock options that are exercisable on or before March 4, 2012 at a price of $1.12 per share.

About Adriana Resources Inc.

Adriana Resources Inc. is a mineral exploration and development company with advanced and early staged mineral projects in Canada and Finland. The individuals comprising Adriana's Board have a proven record in their previous associations in identifying and successfully developing mineral deposits through to production.

ON BEHALF OF ADRIANA RESOURCES INC.

Michael J. Beley, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this release.

Contact Information

  • Adriana Resources Inc.
    Robert Ferguson
    (604) 629-0250 or Toll Free: 1-877-629-0150
    or
    Adriana Resources Inc.
    Ali Sinawi
    (604) 629-0250 or Toll Free: 1-877-629-0150
    (604) 629-0923 (FAX)
    Website: www.adrianaresources.com