WALNUT CREEK, Calif., June 2, 2011 (GLOBE NEWSWIRE) -- Sagebrush Gold, Ltd. (OTCBB:SAGE), announced today that the Company has appointed David Rector as President of Sagebrush Gold, Ltd. as well as renowned geologist Arthur Leger to serve as the Director of Exploration and Field Operations.
Arthur Leger has spent over 35 years in the mining industry as a senior level exploration geologist and manager, primarily dedicating his career to gold exploration and mining in Nevada. Mr. Leger has worked in senior exploration and management positions with Cameco Gold Corporation, Cyprus Metals Exploration and Gold Fields Mining Corporation and Hecla Mining during the past 20-year period. He has explored for and/or mined copper, molybdenum, nickel, tungsten, gold and silver in 15 states, Mexico and two Canadian provinces in addition to spending five years in state government as a staff engineer in the Ground Water Protection Branch with the Bureau of Water Pollution Control in Nevada.
Commenting on his joining Sagebrush Gold, Arthur Leger stated, "I am very excited to join Sagebrush Gold as the Director of Exploration and Field Operations. The areas in Nevada where we plan to initially explore have a history of producing gold. With my experience leading gold exploration teams, particularly in these areas and that of Mr. Rector presiding over several gold exploration companies, I feel that Sagebrush can quickly begin successful exploration and mining operations in Nevada."
David Rector has served in general management roles and directed the business operations of several gold mining and exploration companies during the past 35 years. Most recently, he served as President, CEO and Director of Nevada Gold Holdings, Inc. after serving as the company's CFO, Secretary and Treasurer. Prior to that, Mr. Rector served as CEO, CFO, President, Secretary, Treasurer and Director of Standard Drilling, Inc. and CEO, CFO, President, Secretary, Treasurer and Director of Universal Gold Mining Corp. He presently sits on four Board of Directors for U.S. public companies and chairs or is a member of several audit and compensation committees.
About Sagebrush Gold, Ltd.
Sagebrush Gold, Ltd. is a holding company primarily involved in gold exploration. Sagebrush Gold seeks to acquire the right to explore for and develop gold properties in highly productive regions of North Central Nevada. Sagebrush Gold, Ltd. also owns The Empire Sports & Entertainment, which specializes in the sports and entertainment promotions industry.
Legal Notice and Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. The Company assumes no obligation to update any of the information contained or referenced in this press release.
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