Selwyn Resources Ltd.

Selwyn Resources Ltd.

April 19, 2011 10:34 ET

Selwyn Expands Management Team

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 19, 2011) - Selwyn Resources Ltd. ("Selwyn") (TSX VENTURE:SWN) is pleased to announce the further expansion of its management team with the addition of Lyndsie Gangnon as Director of Human Resources.

Dr. Harlan Meade, Selwyn's President and CEO, said of the development: "The addition of Ms. Gangnon is another important step in growing Selwyn's management team. The addition advances Selwyn towards the transition to production status with the proposed acquisition and restart of the ScoZinc mine in Nova Scotia."

As Director of Human Resources, Ms. Gangnon is responsible for all aspects of Selwyn's human resources strategy with a near term key role in overseeing recruitment and staffing for ScoZinc's mining operations and providing support to the Selwyn Project being advanced by Selwyn Chihong Mining Ltd.

Ms. Gangnon holds a bachelor's degree in psychology from the University of British Columbia and a Human Resource Management Diploma from the British Columbia Institute of Technology. Ms. Gangnon brings to Selwyn broad experience in all aspects of human resources, having worked with organizations ranging from emerging companies to global corporations. Most recently she has worked as an HR Consultant to small businesses in Vancouver, Human Resources Manager with the Walt Disney Company, and Area HR Manager with Lafarge North America. Her substantial experience in both Canada and the United States will enhance Selwyn's management capabilities for both the ScoZinc operations and the Selwyn Project.

Selwyn's primary focus is the exploration and development of the properties that make up the Selwyn Project in the Yukon, by the joint venture comprised of Selwyn and Chihong Canada Mining Ltd. The Selwyn Project hosts large tonnages of zinc-lead mineralization which have the potential for large scale production and to provide a secure supply of zinc and lead to meet the future needs of the Asian markets and beyond. The recently announced transaction for the acquisition of ScoZinc Limited will provide Selwyn with a second opportunity for growth and the potential for zinc and lead production and revenue in 2012.

This press release contains forward-looking statements concerning the Selwyn Project and the acquisition of ScoZinc Limited. These forward-looking statements are based on assumptions and judgments of management regarding the development of the Selwyn Project and the acquisition of ScoZinc Limited that may prove to be inaccurate due to factors beyond Selwyn's control, including results of exploration and development activities at the Selwyn Project, the receipt in a timely manner of required development permits for the Selwyn Project, the obtaining of required project financing for the Selwyn Project and the satisfaction of conditions to the closing of the acquisition of ScoZinc Limited. Although we have attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause results not to be as anticipated or intended. There is no assurance that such forward-looking information will prove to be accurate, as future events could differ materially from those anticipated in such information and accordingly, there is no assurance that the Selwyn Project will be advanced to production or that the acquisition of ScoZinc Limited will be completed as anticipated. Readers should not place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Selwyn Resources Ltd.
    Dr. Harlan Meade
    President and CEO
    +1 (604) 801-7240 or Toll-free: +1 (888) 989-9188

    Selwyn Resources Ltd.
    Catalin Chiloflischi
    Manager of Investor Communications
    +1 (604) 801-7240 or Toll-free: +1 (888) 989-9188
    +1 (604) 689-8355