Message #3 From:
NewsBot Date: September 28, 2006 03:30:00 AM
HNTM News HuntMountain Resources Appoints New President and Chief Financial Officer
SPOKANE, Wash.--(BUSINESS WIRE)--HuntMountain Resources (OTCBB:HNTM) announced today the appointment of
Randal Hardy as President of the Company and Ronald Schutz as Chief
Financial Officer.
Randal Hardy has served as Vice President and Chief Financial Officer
for HuntMountain since August 2005. He has extensive experience in
operational and financial management of public and private companies.
Prior to joining the Company, Mr. Hardy was the President and CEO of
Sunshine Minting, Inc., a Coeur d’Alene, Idaho
precious metals custom minting and manufacturing firm, and Treasurer of
the NYSE-listed Sunshine Mining and Refining Company where he
participated in raising over $60 million in debt and equity financing.
Mr. Hardy has a degree in Finance from Boise State University and has
achieved designations as a Certified Management Accountant and a
Certified Cash Manager.
Ronald Schutz has over 25 years experience in finance, marketing, and
risk management in both the public and private sectors. He has served as
the Director of Finance & Risk Management for Spokane-based building
products manufacturer Huntwood Industries, a financial advisor and
registered representative for Morgan Stanley, and manager of the
Investment Opportunities Office within the Washington State Department
of Trade and Economic Development. Mr. Schutz holds an MBA from City
University and graduated from Western Washington University with a
degree in Economics.
“The Board is pleased with the appointment of
Mr. Hardy as President of HuntMountain Resources, and we are confident
in his ability to advance the company toward a successful future in
precious metal exploration,” said Chairman Tim
Hunt. “We have accomplished the goals set for
our initial stage of development and believe these management decisions
will best prepare HuntMountain for a new phase of growth and activity.”
The Company is completing preparations for an 8,000-foot core drilling
program at its Dun Glen Gold Project in northern Nevada scheduled to
begin the first week of October. The property consists of a 1,700-acre
claim block within the Sierra Mining District, an area with historic
published production of at least 250,000 ounces of gold from lode and
placer sources. The project lies 25 miles southwest of Winnemucca and 21
miles north of the Florida Canyon Mine.
HuntMountain Resources is a U.S.-based junior exploration
company engaged in acquiring, exploring and developing precious and base
metals properties throughout North and South America. The Company is
currently exploring prospective gold properties in Nevada, Québec,
and Santa Cruz Province, Argentina.
This news release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act and Section 21E of the
Exchange Act. Forward-looking statements are inherently subject to risks
and uncertainties, many of which cannot be predicted with accuracy, and
some of which might not even be anticipated. This news release is
neither a prospectus nor an offer to sell securities or stocks in the
company. It is intended for informational purposes only.
