Canada Lithium Appoints General Manager; Process Plant Manager
posted on
May 31, 2012 11:10AM
Edit this title from the Fast Facts Section
cnw
TSX: CLQ; U.S. OTCQX: CLQMF
TORONTO, May 31, 2012 /CNW/ - Canada Lithium Corp. (TSX: CLQ) (OTCQX:
CLQMF) announced today the appointments of Yves Desrosiers as General
Manager and Joel Gagnon as Process Plant Manager of the Quebec Lithium
mine and processing plant under construction near Val d'Or, Quebec. Mr.
Desrosiers assumes operations responsibility for the entire mine and
process plant, which enters the commissioning phase later this year.
Mr. Desrosiers most recently was Assistant General Manager for
ArcelorMittal's 1,100-employee Mont Wright iron ore complex in northern
Quebec, an open-pit mine that supplies as much as 40% of Canada's iron
ore production. Mr. Desrosiers managed key facets of ArcelorMittal's
mining operation, including mine production, mine engineering and
maintenance oversight of the large mobile equipment fleet.
During his career with Arcelor Mittal, Mr. Desrosiers was previously
Mining Manager, Plant Manager and Kiln Coordinator. Earlier, he worked
as Plant Superintendent for a graphite mine and as metallurgist for
gold plant operations in Abitibi.
The veteran mine manager holds a Bachelor of Materials and Metallurgical
Engineering, Universite Laval, Sainte-Foy, (Quebec).
"We were seeking a general manager with across-the-board operating
experience, from mining through to the finished marketable product. Mr.
Desrosiers more than qualifies in every respect," said Canada Lithium
Chief Operating Officer Charles Taschereau.
Mr. Gagnon was most recently Plant Manager of IAMGOLD's Essakane mine in
Burkina Faso and, prior to that, Plant General Superintendent of
Semafo's Samira Hill operation in Niger. Mr. Gagnon brings over 25
years of experience in operation, maintenance and optimization of
mineral processing plants. In total, he has been involved, or in
charge of, six process plant start-ups, several of which were in
northern Quebec.
At full production, the Quebec Lithium mine and plant is anticipated to
have close to 200 employees.
About Canada Lithium Corp.
The Company holds a 100% interest in the Quebec Lithium Project near Val
d'Or, the geographical heart of the Quebec mining industry. The Company
is in the midst of building an open-pit mine and processing plant
on-site with capacity to produce approximately 20,000 tonnes per year
of battery-grade lithium carbonate annually. Metallurgical tests have
produced battery-grade lithium carbonate samples. The Company trades
under the symbol CLQ on the TSX and on the U.S. OTCQX under the symbol
CLQMF.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the
meaning of applicable Canadian securities legislation. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or statements that
certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved".
Forward-looking information is based on reasonable assumptions that have
been made by the Corporation as at the date of such information and is
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or
achievements of the Corporation to be materially different from those
expressed or implied by such forward-looking information.
Although the Company has attempted to identify important factors that
could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be
no assurance that such information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not place
undue reliance on forward-looking information. The Corporation does not
undertake to update any forward-looking information referenced herein,
except in accordance with applicable securities laws.
For further information:
Peter Secker, President and CEO (416) 361-2821
Olav Svela, Director, Investor Relations (416) 361-2821 or (416) 479-4355 or email cstewart@renmarkfinancial.com
Please visit the Canada Lithium website at
The Company's corporate office is at 401 Bay Street, Suite 2010, P.O. Box 118, Toronto, ON, M5H 2Y4