Augen Gold Corp.

TSX VENTURE : GLD


Augen Gold Corp.

September 23, 2011 16:30 ET

Augen Gold Announces Appointment of New Directors and Management

TORONTO, ONTARIO--(Marketwire - Sept. 23, 2011) - September 23, 2011 - Augen Gold Corp. ("Augen Gold" or the "Company") (TSX VENTURE:GLD) today announced the appointment of Greg Gibson, Chris Irwin and Steve McIntyre to its board of directors. In addition, Greg Gibson and Lisa McCormack have been appointed Chief Executive Officer and Corporate Secretary, respectively. The new directors and management have been appointed in connection with the acquisition by Trelawney Mining and Exploration Inc. of a majority of Augen Gold's outstanding common shares.

In connection with these appointments, each of Robert Lamoureux and Lorne Woods has resigned as a director of Augen Gold. The Company is pleased to report that Tim Peterson, a director of Augen Gold since March 2009, will remain on the board of directors.

About Augen Gold

Augen Gold is a gold exploration company with 23,685 hectares of staked and patented mining claims in the Southern Swayze Greenstone Belt, including the formerly producing Jerome Gold Mine. The claims cover a 45-kilometre long section of the Ridout Deformation Zone, believed to be the western extension of the Kirkland Lake/Larder Lake Break. The geological setting is comparable to the major gold camps of Timmins and Kirkland Lake, and the claims contain numerous gold showings that have received very little historical exploration.

For more information on Augen Gold, visit our website at www.augengold.ca.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Augen Gold Corp.
    Greg Gibson
    President & Chief Executive Officer
    416-363-8567
    www.augengold.ca