Virgin Metals Inc.
TSX VENTURE : VGM

Virgin Metals Inc.

March 01, 2011 08:00 ET

Virgin Metals Inc.: Mr. Federico Alvarez Appointed Vice President

TORONTO, ONTARIO--(Marketwire - March 1, 2011) - Virgin Metals Inc. (TSX VENTURE:VGM) is pleased to announce the appointment of Mr. Federico Alvarez Ing. M Eng. as Vice President, Project Development operating out of the company's office in Hermosillo Mexico. Mr. Alvarez brings to Virgin Metals over 30 years of experience in the development and management of highly successful mining operations throughout Mexico.

"We are very fortunate to attract an individual of Mr. Alvarez's caliber", said Chris Frostad, President & CEO Virgin Metals Inc. "As we prepare our Los Verdes project for production, the experience he brings is invaluable".

Most recently the Vice President Operations at Argonaut Gold Inc's El Castillo mine, Mr. Alvarez's background includes the management of five underground and five open pit mining operations. He also served for five years as the Director of Mining Affairs for the State of Guanajuato Government. He obtained his Bachelor of Mining Engineering from Guanajuato University and his Masters of Engineering, Mining from McGill University.

Mr. Alvarez's initial activities will focus on the re-negotiation of long term surface right agreements with communities local to the Los Verdes property as well as the confirmation and updating of environmental and work permits required to advance the project towards production.

About Virgin Metals

Virgin Metals is a junior exploration and development company; its projects include two copper-molybdenum porphyry properties in Sonora, northern Mexico. One of these, Los Verdes, is currently the subject of a pre-feasibility study while the other, Cuatro Hermanos, is the focus of ongoing exploration efforts.

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