Print E-mail

Press Release

Gold World Resources' Shareholders Elect Strong Team of Directors

Toronto, June 23, 2008, Gold World Resources Inc. (GDW-TSX Venture) (the "Company") is pleased to report that at the Company's Annual and Special Meeting held on June 19, 2008, shareholders elected a team of strong and experienced directors to carry out the Company's China growth strategy.

Shareholders voted overwhelmingly for management's slate of directors:

-          Hermann Derbuch, P.Eng.
-          Denis Francoeur, P.Geo.
-          Gerald Gauthier, P.Eng.
-          Brian D. McChesney, P.Eng.
-          Peter Schmied

and reaffirmed the Officers:
            Hermann Derbuch - Chairman and Chief Executive Officer
            Domenico Bertucci - Chief Financial Officer

The Audit Committee was appointed from the independent directors at the ensuing Board Meeting:
            Brian D. McChesney - Chairman Audit Committee
            Gerald Gauthier - Member
           Peter Schmied - Member

The Company is looking forward to a productive year. The Exploration License for the Company's Ming (Yangjiagou) Gold/Silver property in Hebei Province, China (the "Ming Property") was successfully renewed by the Hebei Provincial Bureau of Land and Resources and the incorporation of the Hebei Ming Yu Mining Company Cooperative J.V. Company is in the final stages of completion. The Company is in the process of planning a targeted exploration program for the Ming Property, which will include exploration trenches and subsequent diamond drilling focused on existing geochemical gold and silver anomalies. Concurrent with its program on the Ming Property, the Company is pursuing commercial transactions with near production or producing gold/silver properties throughout China.  To that effect, management is presently in negotiations with several property owners to meet its stated growth objectives.

 

About Gold World Resources Inc.:
The Company is exploring for precious metals in China and has recently signed a Joint Venture Contract to establish a Sino-Foreign Contractual Joint Venture Company for the exploration and development of the Ming Project. For more information about the Company's activities we invite you to visit our website www.goldworldresources.com

ON BEHALF OF THE BOARD
"Hermann Derbuch",                                                 For further information please contact:
Chairman & CEO                                                       Hermann Derbuch, P.Eng.
Gold World Resources Inc.                                        Tel.: 416.594.9888   Fax: 416.594.1967

Certain of the statements made and information contained herein is „forward-looking information" within the meaning of the Securities Act (Alberta), including statements concerning Gold World Resources' plans for the Property, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Gold World Resources, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such information contained herein represents management's best judgment as of the date hereof based on information currently available.

The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

 
 
 
Home | Corporate | News | Investor Info | Why China?
 
Copyright © 2007 Gold World Resources Inc. All Rights Reserved. Disclaimer Privacy Policy
by VERY PC SERVICE