Linear Metals Corporation
TSX : LRM

Linear Metals Corporation

March 26, 2008 10:26 ET

Linear Metals Appoints Dr. James W. Gill as Director

TORONTO, ONTARIO--(Marketwire - March 26, 2008) - On behalf of the Board of Directors of Linear Metals Corporation (TSX:LRM), Wade K. Dawe, Chairman, is pleased to announce the appointment of Dr. James W. Gill as a Director of Linear Metals, effective March 25, 2008.

Dr. Gill founded Aur Resources Inc., a Canadian-based international mining company, in 1981 and served as the President and Chief Executive Officer of Aur until August 2007 when Aur was acquired by Teck-Cominco Limited in a takeover valued at $4.1 billion.

Brian MacEachen, Linear Metals' President, commented, "Dr. Gill brings a wealth of industry experience to Linear Metals' Board and will be an invaluable resource as we continue our aggressive growth plans. Jim's success and experience in advancing properties to production and in building long-term shareholder value will be particularly relevant as we advance our Cobre Grande and KM61 copper-molybdenum discoveries."

Linear Metals will complete a 43-101 compliant resource estimate on its Cobre Grande Project during April 2008 and will also complete a 43-101 compliant resource estimate on its KM61 Project during the fourth quarter of 2008. For further details on Linear Metals Corporation and its projects please visit the Company's website at www.linearmetals.com.

Brian MacEachen, President & CEO

Forward-Looking Information:

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, continuity of mineralization, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. The likelihood of future mining at Cobre Grande or KM61 is subject to a large number of risks and will require achievement of a number of technical, economic and legal objectives, including obtaining necessary mining and construction permits, completion of pre-feasibility and final feasibility studies, preparation of all necessary engineering for pits and processing facilities as well as receipt of significant additional financing to fund these objectives as well as funding mine construction. Such funding may not be available to the Company on acceptable terms or on any terms at all. There is no known ore at Cobre Grande or KM61 and there is no assurance that the mineralization at Cobre Grande or KM61 will ever be classified as ore. For more information on the Company and the risk factors inherent in its business, investors should review the Company's Annual Information Form at www.sedar.com.

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

Contact Information

  • Linear Metals Corporation
    Investor Relations
    (416) 216-4708 or North America Toll Free: 1-866-376-7683
    Website: www.linearmetals.com