GOLDEN, Colo., Aug. 2 /PRNewswire-FirstCall/ -- Canyon Resources
Corporation (Amex: CAU), announced that it has appointed James Hesketh Chief
Executive Officer of the Company in addition to his current duties as
President, effective August 1, 2005. Mr. Hesketh joined Canyon in March 2005,
as President and Chief Operating Officer. Dr. Richard H. De Voto will remain
Chairman of the Board of Directors.
Mr. Hesketh has over 25 years experience in the mining industry in various
capacities. During his prior career he has been employed in management
positions relating to mine production, project evaluation and both corporate
and project finance. Previously he worked for RMB Resources, Inc, a
subsidiary of First Rand Bank of South Africa, NM Rothschild & Sons (Denver)
Inc., Cyprus Amax Minerals Company, Pincock Allen Holt, and Dresser Industries
Inc. He has an undergraduate degree in Mining Engineering and a Masters
Degree in Mineral Economics from the Colorado School of Mines.
"The Board of Directors of Canyon Resources Corporation and I are
delighted to have Jim Hesketh assume the leadership responsibilities of CEO of
the Company," said Richard H. De Voto, Chairman.
Actual results may differ materially from any forward-looking statement
whether expressed or implied in this news release. The following risks and
uncertainties which could cause actual results to vary include, but are not
limited to speculative nature of mineral exploration, precious metal prices,
production and reserve estimates, production costs, cash flows, environmental
and governmental regulations, availability of financing, judicial proceedings
and force majeure events and other risk factors as described from time to time
in the Company's filings with the Securities and Exchange Commission. Most of
these factors are beyond the Company's ability to control or predict.
FOR FUTHER INFORMATION: See http://www.canyonresources.com or contact:
Richard H. De Voto, Chairman or James Hesketh, President, CEO
(303) 278 8464
SOURCE Canyon Resources Corporation
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Related links:
http://www.canyonresources.com
CONTACT:
Richard H. De Voto, Chairman, or James
Hesketh, President, CEO, both of Canyon Resources Corporation,
+1-303-278-8464
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