Southwestern Resources Corp.

Southwestern Resources Corp.

June 30, 2005 08:30 ET

Southwestern Resources Corp.: Timo Jauristo Joins Company as Vice President-Corporate Development

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 30, 2005) - Southwestern Resources Corporation (TSX:SWG) is pleased to announce that Timo Jauristo has joined the Company, effective July 4, 2005 in the capacity of Vice President, Corporate Development. Mr. Jauristo has over 26 years experience in the mining industry and over the past five years was the General Manager - Corporate Development for Placer Dome Inc.

Mr. Jauristo joined the Placer Group of Companies in 1990 and has held various positions including Senior Project Geologist, Executive Assistant to Vice President - Exploration, Country Manager - Spain, Regional Manager - Southeast Asia, Exploration Manager - Australia, and Manager - Business Development. Prior to joining Placer, Mr. Jauristo worked for Newmont Australia, CSR Limited and Geopeko. Mr. Jauristo was part of the team that discovered the Osborne copper-gold deposit in Queensland.

Most recently, Mr. Jauristo was involved in Placer's acquisition of the North Mara gold mine in Tanzania for U.S. $300 million, and the successful takeover of Auriongold for U.S. $800 million.

John Paterson, President, states, "Timo brings to our Company and its shareholders a wealth of knowledge concerning the evaluation of mining projects. Timo's contacts in the industry through his many years of evaluating, overseeing due diligence, and negotiating for a wide variety of gold related opportunities will be invaluable as the Company moves forward."

Thomas Beattie has resigned as Vice President - Corporate Development and has been appointed Vice President - Corporate Affairs.

Southwestern Resources Corp. is exploring in several countries for precious and base metals. The Company has a number of significant projects including the Boka Gold Project in China with Team 209, the Liam Gold-Silver Project in Peru with Newmont Peru Limited and the Antay Porphyry Copper-Gold Project in Peru with Anglo American Exploration Peru S.A. as well as the 100% owned Accha Zinc Project in Peru. The Company is also exploring for porphyry copper-gold in a large area of southwestern Yunnan Province, China under a Joint Venture with Newmont Overseas Exploration Limited.

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Corporation's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

Contact Information

  • Southwestern Resources Corporation
    John G. Paterson
    (604) 669-2525
    (604) 688-5175 (FAX)
    Southwestern Resources Corporation
    Daniel G. Innes
    VP, Exploration
    (604) 669-2525
    (604) 688-5175 (FAX)