Nuukfjord Gold Ltd.
TSX : NUU

Nuukfjord Gold Ltd.

July 08, 2010 09:00 ET

Nuukfjord Appoints Dr. Georg Hochwimmer as Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 8, 2010) - Nuukfjord Gold Ltd ("Nuukfjord") (TSX:NUU) is pleased to announce the appointment of Dr. Georg Hochwimmer to the Board of Directors effective July 8, 2010.

Dr. Hochwimmer is the founder of the financial services firm General Research GmbH which for the past 10 years has provided Corporate Finance and Advisory services to the Mining and Metals Sector. He has extensive institutional and retail contacts throughout Europe and specializes in corporate and financial advice for emerging growth companies and in strategically placed financings. The addition of Dr. Hochwimmer's experience and knowledge to the Nuukfjord board will serve to broaden exposure throughout the European market and provide key insights to assist moving the company's assets forward.

"We are very pleased that Dr. Hochwimmer will add his extensive knowledge and expertise to the Nuukfjord Board of Directors," said Aaron Keay, Nuukfjord's President and CEO. "Georg's experience and research is globally respected and sought after, and our team looks forward to working with him as we continue to advance our drilling programs."

Dr. Georg Hochwimmer was born in 1968 in Pfarrkirchen, Germany. He studied chemistry, mechanical engineering and computer science at TU Munich and also economics at FU Hagen. He received his PhD in chemistry from TU Munich. In 2000, he founded General Research GmbH; a corporate finance and financial service firm specializing in the technology and natural resource sectors. Dr. Hochwimmer is managing director of Microdrop Technologies GmbH, a company specialized in micro systems technology and also CEO of SupraMAT Technologies AG, a consulting and investment firm focused on technology ventures.

ABOUT NUUKFJORD

Nuukfjord Gold Ltd. is a well-financed gold exploration company with an option agreement on the Nuukfjord Gold Project in Greenland which covers an extensive land package of 1,200 km2, located on the ice-free ocean accessible coast of southwest Greenland. The project's claims cover the majority of the Nuukfjord Gold Province which hosts a 150 km long gold mineralized tract with numerous underexplored gold enriched Archean Greenstone Belts. These belts, analogous to the prolific greenstone gold mining camps of central Canada, are the focus of the program.

ON BEHALF OF THE BOARD

"Aaron Keay"

President, CEO and Director

Forward-Looking Statements: This Nuukfjord Gold News Release may contain certain "forward-looking" statements and information relating to Nuukfjord which are based on the beliefs of Nuukfjord management, as well as assumptions made by and information currently available to Nuukfjord management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

Contact Information

  • Nuukfjord Gold Ltd.
    David Matousek
    Investor Relations and Corporate Development
    604 681 5672 or Toll free: 888 681 5672
    604 687-7179 (FAX)
    david@nuukfjord.com
    or
    Nuukfjord Gold Ltd.
    Aaron Keay
    President, CEO and Director
    604 672 4024 or 604 323 6911
    aaron@nuukfjord.com
    www.nuukfjord.com