Friday, September 24, 2010

Siga Resources Inc. (SGAE.OB) Announces the Appointment of Edwin Morrow

Siga Resources Inc. announced yesterday the appointment of Edwin Morrow to the Company’s Board of Directors. This is to replace the vacancy created by the resignation of Mr. Arun Kumar as Director and President. Additionally, Mr. Morrow accepted the position of President and Chief Executive Officer (CEO).

His knowledge and experience will help accelerate the development of Siga Resources Inc.’s mineral assets. Mr. Morrow reinforces Siga’s commitment to research, acquire and develop precious metal properties in Fiji and throughout North and South America. Mr. Morrow is an accomplished mining professional with more than 35 years of experience in the exploration and development of mineral deposits. He has held line, executive and consulting positions in the mining and minerals industry.

Mr. Morrow managed Laminco Resources Inc. beginning in October of 1995 as President and Chief Operating Officer. He was named Chief Executive Officer in September of 1996. Laminco Resources developed precious metals and copper resources in Canada, and North and South America. Laminco Resources was merged with a Norwegian public company in 2001. He served as Chief Operating Officer and served on the Board of Directors of the merged company until December 2005.

Mr. Morrow was Director of Geology Services at Homestake Mining Company’s flagship operation in Lead, South Dakota, from 1993 to late 1995. He was responsible for the mine’s geology, exploration and grade control programs. In operation for more than 120 years, the Homestake mine produced in excess of 500,000 ounces of gold yearly from both underground and open pit sources.

Mr. Morrow was retained in 1981 to lead a new U.S. based hard minerals division for Asamera Oil Inc, a Canadian Oil producer. Within 36 months and starting with one assistant, the U.S. minerals division grew into a producer with more than 250 employees. Until Mr. Morrow left Asamera Minerals U.S., Inc. in 1993, he held multiple positions. This included General Manager Minerals, and General Manager of Exploration and Acquisition.

Asamera held interests in precious metals, strategic and industrial minerals projects. Asamera was working globally and had active projects in Canada, the USA, Mexico, Guatemala, West Germany, South East Asia and Australia. Asamera, under Mr. Morrow’s direction, discovered and placed into production the Cannon Gold Mine in Wenatchee Washington, U.S.A. Asamera also acquired and operated the Gooseberry Mine, an underground gold/silver property near Reno, Nevada.

Headquartered in South Lake Tahoe, California, Siga Resources Inc. is a mineral resource exploration and development company. Founded in 2007, they hold a 100 percent interest in the Valolo Gold Claim located in the Republic of Fiji. Siga is targeting properties that have the potential for early positive cash flow. They are presently reviewing a number of precious metal properties that are near-to, or in production, located in North and South America.

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