TORONTO, ONTARIO--(Marketwire - April 24, 2012) - Chieftain Metals Inc. ("Chieftain" or the "Company") (TSX:CFB.TO - News) is pleased to announce that the Company has appointed Mr. Timothy Lee as Director, Investor Relations. Mr. Lee will be based in the Company's Toronto office, with primary focus on creating a greater awareness of Chieftain within the Canadian and global investment communities.
In addition to over seven years as a technical specialist in the geosciences, Mr. Lee has approximately five years as a mining equity research analyst with Dundee Securities, Salman Partners and NCP Northland covering junior precious and base metals companies. Mr. Lee earned a BA degree in Geology from Macalester College, an MS degree in Geology from the University of Wisconsin, and an MBA from the University of Toronto.
Mr. Lee comments, "As an analyst I considered Chieftain to be well-positioned to advance the Tulsequah Chief project, while maintaining the exploration upside potential of Big Bull. I look forward to working with Chieftain's strong management team as the Company moves forward."
Mr. Victor Wyprysky, President and CEO stated, "We welcome Mr. Lee to our growing executive team as we prepare to arrange our project financing to move our Tulsequah project to construction start."
About Chieftain Metals Inc.:
Chieftain Metals Inc.'s principal business is the acquisition, exploration and development of mineral properties. Since incorporation, the Company's business has focused entirely on the acquisition, and thereafter the development, of the Tulsequah Chief Polymetallic Project, in north-western British Columbia, Canada. The Tulsequah Project consists of 38 mineral claims and Crown-grants covering approximately 14,220 hectares and covers two previously producing mines. For more information on the Tulsequah Project, please refer to the Company's NI 43-101 compliant technical reports, "Tulsequah Chief Deposit, Tulsequah Chief Property, Northern British Columbia" and "Big Bull Project, Tulsequah Chief Property, Technical Report, Northern British Columbia", each dated as of November 8, 2010 and available under the Company's profile on SEDAR (www.sedar.com).
This press release includes certain "forward-looking statements" within the meaning of the Ontario Securities Act or other laws or regulations. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization, mineral resources or reserves, exploration results and future plans and objectives of Chieftain Metals Inc. are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Chieftain Metals Inc.
EVP, Corporate Development
Chieftain Metals Inc.
Director, Investor Relations