March 12, 2001
For Immediate Release

CSA Mining Technical Advisory and Monitoring Committee

Toronto - The Canadian Securities Administrators are pleased to announce that a Mining Technical Advisory and Monitoring Committee ("MTAMC") has been established. The MTAMC will provide advice to the CSA on issues relating to the application of National Instrument 43-101.

The CSA's objective was to select an advisory committee small enough in size to facilitate efficiency yet large enough to permit broad, professional industry-sector and regional representation.

The CSA received over 30 applications from individuals active in the mining and mineral exploration industry across Canada. All of the applications had merit. The CSA's Mining Committee was able to narrow the list to a total of nine individuals whose participation will bring the MTAMC the desired degree of expertise and representation. The members of the first MTAMC are:

George Cavey
President/Senior Geologist
OreQuest Consultants Ltd.
Vancouver, B.C.

John M. Morganti
Vice President, Evaluations
Teck Corporation
Vancouver, B.C.

Marie-Josee Girard
Geologist
Sirios Resources
Montreal, PQ

Philip E. Olson
Vice President, Exploration
Claude Resources Inc.
Saskatoon, SK

Ken Grace
Economic Geologist & Vice President
Micon International
Toronto, ON

John Postle
Consulting Mining Engineer
Roscoe Postle Associates
Toronto, ON

Keith McCandlish
Manager, Mineral Services
Associated Mining Consultants, Ltd.
Calgary, AB

Kenneth Shannon
President
Corriente Resources Inc.
Surrey, B.C.

Chester Moore
Manager, Ore Reserves & Project Evaluation
Falconbridge Ltd.
Toronto, ON

 

They have agreed to serve an initial two-year term.

During this same period, the MTAMC will be co-chaired by Deborah McCombe, Chief Mining Consultant of the Ontario Securities Commission and Adrianne Marskell, Senior Legal Counsel of the British Columbia Securities Commission.

Fran Manns, Mining Specialist of the Toronto Stock Exchange and James Mackie, Technical Advisor, Corporate Finance of the Canadian Venture Exchange will sit on the MTAMC as observers. The first meeting of the MTAMC will be held in Toronto on March 15, 2001.

Reference:

Deborah McCombe
Chief Mining Consultant
(416) 593-8151

Rowena McDougall
Senior Communications Officer
(416) 593-8117