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White Tiger Announces 2012 Gold Production and Resignation of Chief Operating Officer
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thizsukz
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January 11, 2013 - 6:47 am
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TORONTO , Jan. 11, 2013 /CNW/ - White Tiger Gold Ltd. ("White Tiger" or the "Company") (WTG.TO) today announced final gold production for 2012 of 18,261 ounces.

Commenting on the Company's 2012 gold production, Jim McBurney, CEO of White Tiger, said, "Our final gold production for 2012 of 18,261 ounces is slightly ahead of the Company's recently revised guidance and we remain on track with the development of Phase 2 of the Savkino Mine—scheduled to go into production in May of this year."

The Company also announced that Dr. Geoffrey P. Cowley , the Chief Operating Officer, has resigned to pursue other interests but will continue in his role until June 2013.  Dr. Cowley has been with White Tiger since November 2009 .

Commenting on the departure of the Chief Operating Officer, McBurney said, "Geoff has played a key role in the development of the Company's Russian assets, to include the commissioning of our Savkino Mine.  I would like to thank him for his hard work and service to White Tiger and, on behalf of the Company, wish him well in his future endeavours.  I am pleased that he will lead the operational review currently under way at the Savkino Mine. As part of the Company's ongoing efforts to streamline the organization, the role of Chief Operating Officer will not be filled following Geoff's departure."

 
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