La Mancha Resources Inc.
TSX : LMA

La Mancha Resources Inc.

September 17, 2010 04:11 ET

La Mancha COO Bill Plyley Announces Retirement

PARIS, FRANCE--(Marketwire - Sept. 17, 2010) - La Mancha Resources Inc. (TSX:LMA) (hereinafter "La Mancha" or the "Company") announces today that its Chief Operating Officer, Bill Plyley, will retire from the Company on December 15, 2010, after delivering the feasibility study on the first phase of the VMS project. 

Mr. Plyley commented: "I have had an amazing journey with La Mancha and am happy to have contributed to its rapid expansion. I have great confidence in the future of the Company in light of its strong production profile and promising project pipeline. In light of the scale and recently shown economic viability of the VMS project, I strongly believe that the Company's brightest days are yet to come. I remain committed to delivering the feasibility study on the first phase of the VMS project before my departure."

Dominique Delorme, President and CEO of La Mancha, stated: "On behalf of our shareholders, board of directors, and entire management team, I wish to thank Mr. Plyley for his valuable contributions to the Company. He has been instrumental in the our evolution and expansion, notably in the development of our Australian platform through the successful start-up the Frog's Leg underground mine and the White Foil open pit mine. We will build on his VMS contributions to continue to grow the Company. We wish him a happy retirement and good luck in his future endeavors."

The Company's board of directors will launch an international search for Mr. Plyley's successor to insure a smooth transition upon Mr. Plyley's departure.

ABOUT LA MANCHA RESOURCES INC:

La Mancha Resources Inc. is an international gold producer with operations, development projects and exploration activities in Africa, Australia and Argentina. La Mancha's shares trade on the Toronto (TSX) under the symbol "LMA". For more information on the Company, visit its website at http://www.lamancha.ca/.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

This press release contains certain "forward-looking statements", including, but not limited to the statements regarding the Company's strategic plans, the timeline regarding the deliverance of a feasibility study on the first phase of the VMS project, the timeline regarding the COO replacement and its smooth transition, and other risks referred to in La Mancha's 2009 Annual Information Form filed with the Securities Commissions, as well as the Toronto Stock Exchange.

Contact Information

  • La Mancha Resources Inc.
    Martin Amyot
    Vice President Corporate Development
    514-987-5115
    info@lamancha.ca
    or
    La Mancha Resources Inc.
    Nicole Blanchard
    Investor Relations
    514-961-0229