CHEYENNE, Wyo., May 24, 2011 (GLOBE NEWSWIRE) -- Strategic Mining Corporation (OTCBB:SMNG) announces today the appointment of Ken Baird as new CEO and Director. Mr. Baird replaces Mr. Todd Sterck, who will now manage Strategic's operations in Vietnam on a full time basis.
Mr. Baird has over 30 years diversified international experience in the mining and exploration industry, including stewardship of three Toronto Venture Exchange exploration companies. In 1995, he negotiated the financing and operating lease to put the Edwards Gold Mine (Ontario) into production, which yielded over 140,000 ounces in its first four years. His experience also includes the financing and management of several private gold and diamond mines in Canada and South America, and managing numerous exploration programs in Central America and Canada. Mr. Baird is a professional accountant (C.M.A.), a former receiver manager, and a specialist in corporate reorganization.
Mr. Baird said, "I like what I see in the potential of Strategic's exploration projects, and look forward to the opportunity to manage their financing and development."
Strategic's geologist and drill crew arrived in Vietnam this week in preparation for a 7500 foot drill program, scheduled to start at its Ba Dinh gold property next week. For further information on Strategic Mining Corporation including field reports on its exploration projects, please go to our website at
Safe Harbor: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intent to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company's SEC reports and filings.
CONTACT: Ken Baird firstname.lastname@example.org Website: www.strategicminingcorp.com