VANCOUVER, British Columbia, Jan 11, 2006 (BUSINESS WIRE) -- Cardero Resource Corp. ("Cardero" or the "Company") (CDY, Trade)(FWB:CR5) is extremely pleased to announce that that Dr. Murray W. Hitzman has agreed to join the Company's board of directors immediately to fill the vacancy created by the resignation of Michael W. Kinley, C.A. Mr. Kinley resigned from the board on January 4, 2006, in order to take a more active role in the Company as Chief Financial Officer.
Dr. Hitzman joins the board following corporate developments which began on October 31, 2005 whereby Mr. G. Ross McDonald C.A. resigned as Chief Financial Officer as a consequence of the merger of his accounting practice with that of Smythe Ratcliffe, C.A., the Company's auditors. The Company would like to take this opportunity to thank Ross for his invaluable experience, dedication and hard work on behalf of the Company during his tenure as Chief Financial Officer.
Dr. Hitzman is one of the world's foremost authorities on Iron Oxide Copper-Gold (IOCG) deposits. In 1992 Dr. Hitzman co-authored the seminal paper on IOCGs prior to publishing one of the first papers on the origin of the giant Olympic Dam IOCG deposit in 1993. Dr Hitzman has worked in all of the major global IOCG districts including Cardero's frontier Baja IOCG Belt.
Following a recent examination of the San Fernando property by Dr. Hitzman, he concluded that, "San Fernando is comparable in terms of alteration style and intensity to the Candelaria deposit in Chile. The drilling results at San Fernando are very encouraging for further exploration within the district."
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Wink]](wink.gif)
