SANTO DOMINGO, Dominican Republic, Oct. 1, 2012 (GLOBE NEWSWIRE) -- Santo Mining Corp. (OTCBB:SANP), (the "Company"), has announced the appointment of Michael O'Kelly BA, MBA as the Company's project manager. Mr. O'Kelly has worked in the mining industry for over 20 years, with experience including participation in the exploration of potential mineral deposits in northern Chile.
Within the Dominican Republic, Mr. O'Kelly acted as administrator for the construction of a rock salt mine in Barahona, with Vamincor Dominicana SA, and has assisted in the exploration for Newmont Mining Corporation across the island. He played a key role in the construction of Barrick Gold's Pueblo Viejo mine from its feasibility studies to complete construction. His responsibilities included permitting, Environmental Impact Assessment (EIA), geotechnical drilling, government and community liaison and project management. Mr. O'Kelly was recently awarded an MBA from the Canadian University Québec a Montréal (UQAM).
About Santo Mining Corporation
Santo Mining Corporation is an aggressive junior minerals exploration and development company, based in the Dominican Republic. The Company is actively pursuing acquiring and exploring of properties, which are strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area in the Dominican Republic. A detailed description of the Company's activities is available at SantoMining.com.
Further information on the Company and its filings can be found at www.sec.gov
The Santo Mining Corporation logo is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=14686
Notice Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any mineralization, development or exploration of the Company's properties and the timing of any work program or exploration activities, and any results that may be obtained or the commencement of production.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.