2013-02-06 20:05:19 -
MAXWELL RESOURCES INC.: Engages Metals Geologist Consultant, Craig S. Bow
Will lead exploration of hard metals such as gold, within New Mexico's Raton
FOR IMMEDIATE RELEASE
February 6, 2013 - RATON, NEW MEXICO - Maxwell Resources, Inc.
(www.MaxwellRe.com) has contracted with hard metals geologist consultant, Craig
S. Bow, to lead the proving up and exploration of hard metals, such as gold,
within the Company's 170,000 acres in Northern New Mexico's Raton Basin to which
it owns fee-simple mineral rights. A preliminary report produced by engineering
firm Golder Associates - which
is expected to be released in late January or
early February - may see Maxwell switch some of its focus from coal to gold.
"Based upon the preliminary findings from Golder, we believe it would be best
to add someone with specific expertise in the exploration of hard metals," said
Phillip Dias, Maxwell's CEO and president. "Craig has extensive experience in
international and domestic hard metals exploration management, and we feel that
he will be an asset to our team."
Bow has more than 30 years' hard metals experience, which includes greenfields
exploration, prospect evaluation, advanced project development, as well as
His career has taken him to Russia, Peru, Columbia, Chile, Canada, Argentina,
Turkey, Mexico, Panama, Guatemala, Nicaragua, Sweden, Finland, Bolivia, Brazil,
Ecuador, and Greenland.
Domestically, Bow has helped clients and companies in Colorado, Nevada, Utah,
and New Mexico.
Bow has owned his own consulting firm since 2006 and has worked with such
clients as Novagold Resources; Paget Resources; ZincOre; Northland Resources;
Fronteer Group; Northland Resources; Radius Gold; and Chlumsky, Armbrust, and
He has had papers and reports published in numerous publications, including the
Journal of Volcanology and Geothermal Research, the Geological Survey of Wyoming
Public Information Circular, and also has presented his findings at several
conferences, including the Northwest Mining Association's annual meetings, the
Pacific Northwest Metals and Minerals Conference, the AIME annual meeting, and
Prior to forming his consulting company, Bow worked with Gold Fields
Exploration, Inc. where he served as senior geologist and exploration manager
for North America.
Other prior employers include Newcrest Resources; Cyprus Amax Minerals Company;
Boulder Gold, NL; and Anaconda Minerals Company.
Bow earned a Bachelor of Science degree in geology from Washington and Lee
University (graduating magna cum laude) and a Ph.D. in geology from the
University of Oregon. Bow also was a Fulbright Scholar at the University of
Bow is a Qualified Person with the American Institute of Professional Geologists
Society of Economic Geologists.
About Maxwell Resources
Maxwell Resources, Inc. (Symbol: MAXE) owns mineral rights (fee simple) for more
than 170,000 acres in the Raton Basin in northern New Mexico's Colfax County.
The company will prove up gold, coal and hard minerals, with the goal of
pinpointing the sites that will deliver the largest return on investment.
Statements made in this news release that are not historical facts are forward-
looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as "expect," "believe,"
"continue," "may," "will," "anticipate," and similar
expressions are intended to
identify forward-looking statements. Actual results may differ materially from
those projected in any forward-looking statement. Specifically, there are a
number of important factors that could cause actual results to differ materially
from those anticipated. Potential risks and uncertainties include among others,
our inability to raise additional capital, planned exploration or maintain
property rights; interpretations or reinterpretations of geologic information,
unfavorable exploration results, inability to obtain permits required for
planned production, exploration and other activities, general economic
conditions and conditions affecting the industries in which the Company
operates; the uncertainty of regulatory requirements and approvals; fluctuating
mineral and commodity price. Additional information on these and other factors,
including Risk Factors, which could affect the Company's results, is included in
its Securities and Exchange Commission ("SEC") filings. Finally, there may be
other factors not mentioned above or included in the Company's SEC filings that
may cause actual results to differ materially from those projected in any
forward-looking statement. You should not place undue reliance on any forward-
looking statements. The Company assumes no obligation to update any forward-
looking statements as a result of new information, future events or
developments, except as required by securities laws.
For more information on investing, visit www.MaxwellRe.com or call Dias at
702-706-5576. E-mail is email@example.com
Maxwell Resources, Inc. Contact:
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Source: Maxwell Resources Inc. via Thomson Reuters ONE