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2007-02-12 - News Release
Mr. Alexander Helmel reports
NETWORK EXPLORATION APPOINTS MR. KEN THORSEN TO ITS BOARD OF DIRECTORS
Network Exploration Ltd. (the "Company") (TSX.V: NET.H) is pleased to announce that Mr. Ken Thorsen – former president of Teck Exploration Ltd. - has joined the board of directors of Network Exploration Ltd.
“I am pleased to welcome Ken into our Board of Directors. He is highly regarded in the exploration industry and will be able to provide firsthand experience to bear on the developments of the company’s mineral projects,” said Alexander Helmel, President of Network Exploration. “The appointment of someone of Ken’s stature is a clear indication of Network Exploration’s commitment to growth in the resource exploration industry.”
Mr. Thorsen is a Professional Engineer and holds a degree in geological engineering. He has over 40 years of experience in the exploration business and has held senior positions with SMDC (now Cameco), Selection Trust, and Teck Cominco Ltd. where he has gained invaluable, worldwide experience in the precious and base metal, uranium and diamond industries.
During his distinguished career with Teck Cominco Ltd., Mr. Thorsen held several senior positions including a 2 ˝ year term as President of Teck Exploration Ltd. During this term he was responsible for the administration of 17 exploration offices worldwide and all field operations of the exploration department.
Mr. Thorsen played instrumental roles in the discovery of the South Bay Mine in northwestern Ontario, the Estrades massive sulphide deposit in northwestern Quebec (Teck Exploration Ltd.) and the Leinster mine in Australia (Selection Trust). He will be assisting Network in its acquisition of new properties and the development of its existing properties in South America.
Network Exploration Ltd. is a mineral exploration Company committed to building shareholder value through the acquisition of base and precious metal properties in North and South America. For additional information, contact the company at 604 638-7363 (toll free 866 637-5138).
Network Exploration Ltd.
www.networkexploration.com
(604) 638-7363
We seek Safe Harbor.
THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. These statements include "characteristics of a gold and copper porphyry system with excellent geological potential". There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.