Britannica Resources Corp.

Britannica Resources Corp.

January 31, 2012 09:27 ET

Britannica Appoints New Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2012) - Britannica Resources Corp. ("the Company") (TSX VENTURE:BRR) is pleased to announce the appointment of Mr. Chris Hobbs, CA to the position of Chief Financial Officer of the Company effective immediately.

Mr. Hobbs has worked with several public companies and securities firms in an accounting, management, director or CFO role in the past 10 years, including Otish Energy Inc., American Lithium Minerals Inc., Apheresis Health Sciences Inc., Veris Health Sciences Inc., Byron Capital Markets Ltd. and Becher McMahon Capital Markets Inc.

Mr. Hobbs is a member of the Chartered Accountants of Ontario and holds a Bachelor of Business Administration Degree from the Schulich School of Business at York University.

"I am delighted that Chris will be joining our leadership team at Britannica, where I am confident he will make a valuable contribution to the next phase of our Company's growth and development," stated Jeffrey Cocks, President. "Chris brings a wealth of experience, a strong background on Bay Street in finance and a dynamic approach. I am very pleased we have been able to attract someone of Chris's caliber to the Company."

About Britannica Resources Corp.

Britannica is a well funded aggressive junior exploration company having recently completed a $2,125,000 financing (see news release 11 - 30 - 11). Britannica's management team and consultants have a successful history of gold and mineral exploration, development and operational experience throughout the world, with particular emphasis on the Abitibi Gold Belt.

Britannica's 100% owned Chassiggnole Eagle and Bluebird properties comprised with the acquisition of the Deltador Properties creates a dominant land position covering the Manneville fault zone and the well-known Destor-Porcupine fault, a proven major gold-bearing structure in the Abitibi gold belt in north-western Quebec.

Britannica continues with the compilation of all previous exploration work on the 100% owned Chassiggnole Eagle, Bluebird and recently acquired Deltador Properties. The compilations will evaluate and prepare drill targets towards the planned initial drill programs on these properties. Britannica expects its initial diamond drill program to be on the Chassignole-Eagle property, its most advanced project. Targets include overlapping gravimetric and magnetic anomalies and coincident anomalous gold and copper values.

Eugene Gauthier, Ing (OIQ) acts as the qualified person of the company and has reviewed and approved the contents of the news release.


Jeffrey Cocks, President

Neither the 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.

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