Pancontinental Uranium Corporation: Crossland Appoints Dr. Tony
Chamberlain as Chief Operating Officer to Advance the Charley Creek
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/14/13 --
Pancontinental Uranium Corporation (TSX VENTURE:PUC) ("Pancon" or the
"Company") is pleased to announce that today its Joint Venture
partner, Crossland Uranium Mines Limited ("Crossland"), announced the
appointment of Dr. Tony Chamberlain as Chief Operating Officer.
Tony will be responsible for the management of the Charley Creek
Alluvial REE Project (Crossland (55%)/Pancontinental Uranium
Corporation (45%)) through the delivery of the Scoping Study
currently in progress, and a Feasibility Study expected to proceed
throughout 2013 to examine the development of a mining and processing
operation at Charley Creek. Tony is familiar with the Charley Creek
project having been previously involved in providing technical input
to the current process flow sheet.
Tony has strong project management experience following 18 years in
the petroleum and mineral resource sectors involved in strategic
planning, project development and metallurgical flow sheet design
associated with uranium, nickel, copper, cobalt, steel and gold
projects for a range of companies including WMC, BHP and Clean TeQ
Mining. He has been responsible for the delivery of several
feasibility studies and implementation of capital projects including
an expansion at Kwinana Nickel Refinery. He holds a PhD (Metallurgy)
from Curtin University, in addition to graduate degrees in Metallurgy
and Applied Chemistry.
About Pancontinental Uranium Corporation
Pancontinental Uranium Corporation ("Pancon") is a Canadian-based
company focused on uranium and REE discovery and development. Through
a joint venture with Crossland Uranium Mines Limited ("Crossland") of
Australia, this management and operating team has unparalleled
experience from exploration, through development to operations, and
includes people who were instrumental in the discovery of two of the
largest uranium deposits in the world. Pancon and Crossland hold an
impressive REE and uranium exploration portfolio with projects in
prolific, mining friendly districts.
Exploration is ongoing or has occurred at three Australian projects
which include Charley Creek, Chilling, and Kalabity. Charley Creek
has the potential for large alluvial REE deposits, and large,
lower-grade, Rossing-type, granite-hosted uranium deposits. The
Chilling project has the potential to host a mirror image of a
portion of the renowned Alligator Rivers Uranium Field containing the
large Jabiluka, Ranger and Koongarra deposits The Kalabity project is
in a district of historic uranium/radium mining that contains a
variety of known uranium deposit styles.
Pancon has a 45% participating interest in this significant REE and
uranium project portfolio. Pancon and Crossland are also pursuing
exploration beyond Australia through an international subsidiary
company, Crosscontinental Uranium Limited, and plans include
formulating an exploration program in Burkina Faso.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark, President & CEO
Cautionary Language and Forward Looking Statements
This press release may contain "forward-looking statements", which
are subject to various risks and uncertainties that could cause
actual results and future events to differ materially from those
expressed or implied by such statements. Investors are cautioned that
such statements are not guarantees of future performance and results.
Risks and uncertainties about the Company's business are more fully
discussed in the Company's disclosure documents filed from time to
time with the Canadian securities authorities.
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.
Pancontinental Uranium Corporation
President and CEO
604-986-2020 or 1-866-816-0118
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