It is easy to see that General Metals is making smart moves because management has a depth of experience.
Stephen B. Parent – President & CEO
Mr. Parent joined the Company as Chief Operating Officer in November 2005 and was appointed President and Chief Executive Officer in May 2006. Mr. Parent has worked in the mining industry for 25 years and has managed the exploration and development operations of several junior public mining companies in the United States and Canada.
Mr. Parent is the Founder and previous Chief Executive Officer and Chairman of GoldSpring, Inc., a publicly traded precious metals mining company that operates the Plum Mine located in Nevada’s Comstock Lode region near Virginia City. Plum Mine is a cyanide heap leach operation currently producing gold and silver.
Mr. Parent has been responsible for evaluation, acquisition and development of mining projects and served as CEO of Ecovery, Inc. a private company with two significant mining projects: The Big Mike Copper Project and the GoldSpring Placer Project both now owned by GoldSpring.
Steve is also Founder and President and CEO of Aztech Environmental Industries, Inc.
David J. Salari – Chief Operating Officer
Mr. Salari has served as a Director of General Gold Corporation since November 17, 2004 and was appointed Chief Operating Officer in May 2006. Mr. Salari is a Professional Engineer who over the past 20 years, has been involved in the design, supply, and commissioning of mining and mineral processing systems throughout the world for gold and silver, base metals, and industrial minerals. Commencing in 2004 and presently Mr. Salari is the President of D.E.N.M. Engineering, a company engaged in the engineering, design and installation of mineral processing equipment and systems.
From 1986 to 2004 Mr. Salari was the Vice President of MPE International Inc. where he managed the engineering and design of metallurgical processing equipment for precious, base, and industrial minerals. From 1980 to 1986 Mr. Salari worked with Placer Development Ltd. in various metallurgist and engineering capacities.
More recently, he spearheaded as Process Manager the construction and start-up of a 4000 TPD heap leach operation at the Plum Mine in the Comstock Lode region of Nevada. His duties included heap pad construction, recovery plant, and dealing with The Nevada Division of Environmental Protection in permit related issues. Mr. Salari is a graduate of the University of Toronto (1980) with a BASC degree in Metallurgical Engineering.
Leslie J. Porter – Chief Financial Officer
In November 2005, Leslie James Porter joined the Company, becoming Chief Financial Officer and a member of its Board of Directors. Since July 2005, Mr. Porter has also served as CFO and Director of Tangerine Gold Inc., a junior mining exploration company.
Mr. Porter was CFO of Mediterranean Minerals Ltd. and its predecessor Manhattan Minerals Inc and served as CFO and Director of Firestone Ventures, Inc., both junior mining exploration companies. Since 2004 Mr. Porter has served as CFO and Director of SHEC Labs Solar Hydrogen Energy Corporation, a technology company. He has also served on that company’s Steering Committee since 2003 and served as financial advisor to the company from 2001 to 2004.
Since 2001 Mr. Porter has been President of LJV Capital Corp., providing financial and business consulting services to early stage companies. And from 1999 to 2001 he was CFO and Director of Global Media Corp., an Internet media streaming company.
Mr. Porter received his Bachelor of Commerce degree in Finance from the University of British Columbia in Vancouver, B.C. in 1987. He received his Chartered Accountant designation from the Institute of Chartered Accountants of British Columbia in 1990, his Chartered Financial Analyst designation from the Institute of Chartered Financial Analysts in 1994 and his Certified Public Accountant designation (State of Illinois) from the University of Illinois in 1999. Mr. Porter received his Chartered Accountant and Chartered Financial Analyst designations while employed with the major public accounting firm, Arthur Andersen & Co., where he achieved the position of Senior Manager, Taxation and served large corporations including subsidiaries and divisions of global mining companies BHP and Newmont.
General Metals has developed an exploration timetable and for the three designated Nevada targets located in the center of Newmont Mining’s largest new development, the Phoenix property as outlined in its most recent SEC filing of March 22, 2007, 10Q.
General Metals has budgeted approximately $1.84 million to carry out a three-phased drill program on the Wilson-Independence project.
Nevada is a big play for General Metals and it has three targets (Link Here for Description and Aerial Images).
General Metals has produced The Carrington Report which describes the potential for the the targets in Nevada.
General Metals Corporation
Steve Parent, CEO, 775-686-6078
775-721-6428 (cell)
generalmetals@hotmail.com
Source: General Metals and Barrons
General Metals Corporation
1 E. Liberty St. Suite 6000
Reno, NV 89501
Phone: (775) 686-6078
Website: http://www.stockguru.com/blog/www.generalmetalscorporation.com%20
Forward Looking Statements: This release contains “forward-looking statements”, as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, any future metal price forecasts, any future performance and any reserves they have reported in their Phoenix Mine or any reserve estimates.Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2006 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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