Indicator Minerals Inc.

Indicator Minerals Inc.

July 03, 2008 09:09 ET

Indicator Minerals Elects John Robins to Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 3, 2008) - Indicator Minerals Inc. ("IME" or "Indicator") (TSX VENTURE:IME) announced today that Mr. John Robins has been elected to the Company's board of directors.

Mr. Robins will serve as a director and provide guidance to management on the growth of the Company and its projects. Mr. Robins' association with Indicator has been instrumental in the Company's property acquisitions; a number of properties in the Company's portfolio were brought to Indicator by the Hunter Exploration Group, a private exploration and venture capital group of which Mr. Robins is a principal.

Mr. Robins is a graduate in geological sciences from the University of British Columbia and brings over 25 years of experience in mineral exploration in Canada, the United States and Latin America as an independent exploration geologist and entrepreneur. Mr. Robins will add strength to the board through his vast experience working with public companies, previously as president of Northern Empire Minerals Ltd. and as co-chairman of Stornoway Diamond Corp. Mr. Robins is an active director with several other TSX-V Listed Issuers.

"We are delighted to welcome John Robins to Indicator's Board of Directors," says Bruce Counts, President and CEO of Indicator Minerals Inc. "John's extensive experience and contacts in the industry will be a tremendous asset to the Company."

"We have recently added expertise in the finance and technical areas to strengthen Indicator's capability to evaluate investment opportunities and implement strategic decisions," he added. "Over the coming months, we will work to develop a broader strategic plan with the objective of growing shareholder value and achieving awareness amongst investors of the strong growth opportunities available to Indicator."

"The Company thanks outgoing director Sean Mager for his contribution to Indicator's success and wishes him well with his future endeavours."

Indicator Minerals Inc. is a Canadian exploration company focused on the discovery of economic diamond deposits. Founded in 2004, the company has assembled a highly qualified technical team, experienced in worldwide diamond exploration. Indicator is exploring more than 5.5 million acres of targeted ground in the Canadian arctic and has three key projects in Nunavut: Darby, Barrow and Nanuq North. Indicator's management has positioned the company to be a sophisticated player in both Canadian and international diamond exploration by forming strategic partnerships, acquiring highly prospective properties and conducting systematic and efficient exploration programs.

On behalf of the Board

Indicator Minerals Inc.

Bruce Counts, P.Geoph., President & CEO

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

Contact Information

  • Indicator Minerals Inc.
    Bruce Counts
    President & CEO
    1-877-331-4605 or (604) 331-4605
    (604) 331-4654 (FAX)