TC Power Management Ltd.
OTC Bulletin Board : TCPM

January 24, 2011 08:08 ET

TC Power Management Appoints Dr. John Larson as President and Director

NEW YORK, NEW YORK--(Marketwire - Jan. 24, 2011) - TC Power Management (OTCBB:TCPM) is pleased to announce that it has appointed Dr. John Larson as Chief Executive Officer and member of the board of directors of TC Power Management Corp.

Dr. Larson is a senior mining executive with 33 years international experience in exploration, mining and resource/reserve/mine development. He has worked with government geological surveys, junior mining companies and major international minerals companies, including 16 years with BHP and BHP Billiton in various international locations, holding positions as Manager, North America Copper Exploration, Leader, Global Porphyry Copper Exploration, and Manager, Latin America Exploration. From 2006 through 2008 he was employed as General Manager, Exploration, Zinifex Ltd. (Australia), where he built a broad portfolio of base and precious metals projects in 8 countries. He was most recently employed as Corporate Manager of Exploration for Hochschild Mining PLC of Peru developing a new program of international exploration throughout the Americas from Canada to Patagonia, and during which time he managed a significant change in priorities, with a focus on world-class precious metals deposits.

Dr. Larson has a strong technical background in application of geosciences to mineral deposits. He holds advanced degrees in geology and chemistry from the University of Western Ontario (M.Sc.) and the Colorado School of Mines (Ph.D.). Career exploration team successes include the La Choya and La Trinidad gold deposits in Mexico, HD Summit, Big Ledge, Snoose Ck. and Loomis Ck. barite deposits in USA, and successful in-mine and brownfields exploration programs at Bounty gold deposit, Western Australia, Rosebery Mine, Tasmania, Century Mine, Queensland, Escondida Mine, Chile, and Isla Riesco coal project, Chile.

Throughout his career, Dr. Larson has maintained ties with academic and research institutions, and has also authored and co-authored several publications in scientific journals. In addition to initiating studies and supervising students at the BSc, MSc and PhD level, he was responsible for bringing BHP into the University of Arizona Mexico Consortium as a founding member. He has initiated and/or supervised university-industry studies at the University of Arizona, the University of Sonora, the University of Chile, the University of Guererro and the University of Tasmania. Most recently, when living in Melbourne, he served on the Advisory Board at the Centre of Excellence in Ore Deposits (CODES) at the University of Tasmania, Hobart.

Mr. Quiroz, the former CEO of TC Power, said, "I am very pleased with the appointment of Dr. Larsonas our new CEO and as a director. Along with his vast experience in managing exploration projects we also gain a wealth of technical expertise and broad industry ties. These relationships of Dr. Larson provide us opportunities and access to excellent prospects in the Americas."

Mr. Quiroz will now fill the position of V.P. Exploration for the Company and remain on the board of directors.

This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information included in this Press Release including such forward-looking statements.

Contact Information

  • Corporate Headquarters:
    TC Power Management Corp.
    501 Madison Ave. 14th Floor
    New York, NY 10022