Axiom Gold And Silver Corp.

May 16, 2011 08:12 ET

Axiom Gold and Silver Corp. Name Change

TUCSON, ARIZONA--(Marketwire - May 16, 2011) - Axiom Gold and Silver Corp. (OTCQB:AXIO) is pleased to announce that effective May 9, 2011, it has changed its name to Axiom Gold and Silver Corp. ( from TC Power Management Corp.

About Axiom Gold and Silver Corp.:

Axiom Gold and Silver, through its wholly owned subsidiary, Axiom Minerals de Mexico S.A. de C.V. ("Axiom Mexico"), is a mineral exploration company with current properties located in Sonora State, Mexico. Axiom is also actively seeking additional exploration and mining concessions in Mexico, Argentina and Chile. The Company has a strong exploration and management team with extensive experience in exploration and development of mineral properties.

The Company is led by Dr. John Larson. He is a senior mining executive with 33 years international experience in exploration, mining and resource/reserve/mine development. He has worked with government geological surveys, junior mining companies and major international minerals companies, including 16 years with BHP and BHP Billiton in various international locations, holding positions as Manager of North America Copper Exploration, Leader of Global Porphyry Copper Exploration, and Manager of Latin America Exploration. He was most recently employed as Corporate Manager of Exploration for Hochschild Mining PLC in Peru, developing a new program of international exploration throughout the Americas from Canada to Patagonia, and during which time he managed a significant change in priorities, with a focus on world-class precious metals deposits.

The exploration team is managed by Mr. Quiroz and Mr. Rojas. Mr. Quiroz has 23 years of experience in management and development of exploration programs, spending 16 years with BHP and BHP Billiton. Recently, he was also responsible for making the discovery for Pan American Goldfields' Cieneguita mine with a reported resource of approximately 1.2 million oz/Au equivalent.

Mr. Rojas is President of Rojas & Asociados, a leading Argentinean mining consulting and management firm ( based in Mendoza, Argentina. Mr. Rojas has a degree in Mining Engineering from the University of Atacama, Chile. Previously, Mr. Rojas worked for BHP as Country Manager. During his career he played a key role in the discovery of several world-class ore deposits such as the Escondida porphyry copper deposit in Chile, Agua Rica, Diablillos, Taca Taca and Los Azules, in Argentina.

Forward Looking Statement:

This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information included in this Press Release including such forward-looking statements.

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