Feb. 10, 2011 (Filing Services Canada) -- American Vanadium Corp. (AVC - TSX Venture), (the "Company") announces that Mike Doyle of Sparks, Nevada has been appointed as Executive Vice President, Operations to develop the Company's Gibellini Vanadium Project. Mr. Doyle will direct the mining planning, construction management, environmental permitting and resource expansion programs.
Most recently, Mr. Doyle was Executive Vice President Operations at Allied Nevada Gold where he was instrumental in the evaluation, permitting and production of the Hycroft open pit heap leach mine. Previously, he was Senior Vice President Operations at Kinross Gold Inc. and VP and General Manager of Round Mountain Gold Corporation, a Barrick-Kinross Joint Venture.
"I am looking forward to be back working in Eureka, Nevada on the Gibellini Project," stated Mike Doyle. "This project is a very straight forward open pit heap leach operation. The resilient steel industry and the commercialization of the vanadium redox battery for the mass storage of green energy makes this the ideal time to aggressively bring online a domestic, low cost vanadium producer."
"We are very fortunate to have Mike join our team at an important time as we are working hard with AMEC to complete the Feasibility Study by the middle of this year," stated Bill Radvak President & CEO of the Company. "His strong experience with the start-up and ongoing production of mines in Nevada will be invaluable as we move aggressively towards production, slated for start-up at the end of 2012."
The Company has granted Mike Doyle a total of 100,000 options at the exercise price of $1.56 each pursuant to its Stock Option Plan, as amended and the options are for a term of five years from the date of grant.
About American Vanadium Corp.
American Vanadium is currently developing the Gibellini Vanadium Project, a vanadium resource in the state of Nevada, U.S.A. Vanadium is growing in importance as an alloying metal used to strengthen steel as well as the emerging uses with mass storage cells and lithium vanadium batteries for renewable energy. The Company's Gibellini Vanadium Project is unique in its ability to have economic production of vanadium for the steel industry as well as vanadium electrolyte for the mass storage industry.
ON BEHALF OF THE BOARD
Bill Radvak, President & CEO
For further information, please contact:
Bill Radvak, President & CEO
Phone: 604 488-5417
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Source: Rocky Mountain Resources Corp. (TSXV RKY) www.rkyresources.com
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