Linear Gold Corp.

Linear Gold Corp.

September 09, 2009 07:47 ET

Linear Gold Corp. Announces Appointment of Chief Operating Officer

HALIFAX, NOVA SCOTIA--(Marketwire - Sept. 9, 2009) - Linear Gold Corp. (TSX:LRR) is pleased to announce the appointment of Mr. Mike Sylvestre as Chief Operating Officer.

Mr. Sylvestre is a well respected mining executive with a track record of leading the operation and development of major international mine projects. Over the span of a 30+ year career with Inco Ltd and ValeInco, Mr. Sylvestre has consistently demonstrated an ability to operate mines in a safe and sustainable manner and to responsibly manage new mine development and expansion projects including on time and on budget completion. Mike's global experience includes operating and development responsibility for projects in Ontario Canada, Sulawesi Indonesia, Manitoba Canada, and most recently the South Pacific island of New Caledonia. Mr. Sylvestre holds a MSc and a BSc in Mining Engineering Degree from McGill University and Queen's University respectively. Mike has also studied at the Richard Ivey School of Business and MIT Sloan School of Management.

As Chief Operating Officer for Linear, Mike Sylvestre will be responsible for the operational activities related to the development of Linear's recently acquired Goldfields Project located near Uranium City, Saskatchewan Canada. Mr. Sylvestre will also play a lead role in the execution of Linear's continued growth and acquisition strategy.

Mr. Wade Dawe, Linear Gold's President and CEO, stated: "We are delighted that Mike has agreed to join our team at Linear Gold. Mike's knowledge, experience and success in the development and operations of world-class mines will be invaluable going forward. Mike's personal desire and commitment to developing and operating safe, profitable, and environmentally responsible mines are exactly the qualities we want in Linear's Chief Operating Officer."

Cautionary Note Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the future financial or operating performance of Linear and the Goldfields Project, statements regarding exploration prospects, statements regarding synergies and financial impact of the proposed transaction, the terms and conditions of the transaction, the benefits of the proposed transaction, the identification of mineral reserves and resources, costs of and capital for exploration and development projects, exploration and development expenditures, timing of future exploration and development activities, expected production, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pending litigation and regulatory matters. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is based on various assumptions and on the best estimates of Linear, as the case may be, as of the date hereof, and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company (and the company resulting from the successful completion of the proposed transaction) to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; delay or failure to receive board or regulatory approvals; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of mineral prices; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and, delays in obtaining governmental approvals or required financing or in the completion of activities, and as well as those risks identified under "Risk Factors" disclosure sections in the documents filed under the profile of SEDAR by Linear from time to time. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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

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