Regency Change In Directors
Mr. Pilz is a co-founder of, and assisted in the development of, three private start-up companies. From November 2004 to December 2008, Mr. Pilz served as Vice President, Finance and Chief Financial Officer of Response Biomedical Corporation, a TSX listed and U.S. OTC BB quoted technology company that was one of British Columbia's fastest growing technology companies during the period, as published by Deloitte & Touche and Business in Vancouver. From January 2003 through October 2004, he served as Vice-President of Finance of Class Software Solutions Ltd., a private software company in the North American parks and recreation market. Mr. Pilz earned a Bachelor of Commerce degree (finance) from the University of British Columbia in 1989 and received his designation as a Certified Management Accountant (CMA) in 1996.
The Board granted Mr. Pilz 50,000 stock options pursuant to the Company's stock option plan for a five year term at an exercise price of $0.205. The options granted will be subject to any applicable regulatory hold periods and the approval of the NEX Board of the TSX Venture Exchange.
Bill Radvak
Chairman and CEO
Regency Gold Corp.
Telephone: (778) 888-4101
Email: billradvak@telus.net
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
Regency Gold and Sirius Exploration Terminate Property Purchase Agreement
"The Board of Directors of Regency has chosen to maintain the Company's strong capital structure and solid balance sheet rather than to pursue early stage exploration efforts on these projects," commented Bill Radvak, President & CEO of Regency. "While we maintain that these mineral prospects have strong potential, in this adverse capital market environment it is best that the Company pursue other projects, either inside or outside the mineral exploration arena."
Silvio Ventures Inc. changes name to Regency Gold Corp.
About Regency Gold Corp.
Regency Gold Corp. is a Canadian-based mineral exploration and development company focused in the western United States, primarily Nevada. Regency will also be opportunistic in evaluating precious and base metal properties around the world with an interest in participating in any project that will increase shareholder value.
With Sirius Exploration and its two principals, Curt Everson and Eric Saderholm acting as our technical partners, our goal is to become a successful mining company through aggressive exploration and acquisition initiatives.
For more information, contact Bill Radvak by phone at (778) 888-4101 by email bradvak@silvioventuresinc.com or you can visit the Company's website at www.silvioventuresinc.com.
"William J. Radvak"
President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this release.
Silvio Acquires Third Gold Project in Nevada
"This is another example of the high quality projects available for acquisition through our professional relationship with Sirius Exploration LLC. Silvio continues its mission to acquire, through staking, properties such as South Lida with a primary focus in Nevada and the western United States", commented Bill Radvak, Chairman and CEO of Silvio.
About Lida/Jack, Esmeralda County, Nevada
The South Lida property is located 22 miles southwest of Goldfield, Nevada along the southern extension of the Walker Lane Trend, Esmeralda County, Nevada. To date a total of 100 claims (approximately 2,000 acres) have been staked over the property area and 75 rock chip samples have been collected and assayed. Of the 75 samples 40 contained gold between 0.01 opt (ounce per ton) and 0.321 opt with 15 of those samples containing gold between 0.05 opt and 0.321 opt. In addition, 1,322 soil samples have been collected and are presently being assayed by ALS Chemex. Target generation will begin once the soil results have been received; additional follow-up rock chip sampling and current geologic mapping is completed.
About Silvio Ventures Inc.
Silvio Ventures Inc. is a Canadian-based mineral exploration and development company focused in the western United States, primarily Nevada. Silvio will also be opportunistic in evaluating precious and base metal properties around the world with an interest in participating in any project that will increase shareholder value.
With Sirius Exploration and its two principals, Curt Everson and Eric Saderholm acting as our technical partners, our goal is to become a successful mining company through aggressive and opportunistic exploration and acquisition initiatives.
For more information, contact Bill Radvak by phone at (778) 888-4101 by email or you can visit the Company's website at www.silvioventuresinc.com.
"William J. Radvak"
Chairman & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this release.
Silvio Acquires Two Gold Projects in Nevada, Sirius Exploration of Nevada joins Silvio as Technical Partner
"This is a tremendous step forward for Silvio in its new mission to become a leading mineral exploration and development company with a primary focus in Nevada and the western United States", commented Bill Radvak, Chairman & CEO of Silvio. "In addition to acquiring 100% of two highly prospective gold projects, we have teamed up the principals of Sirius, Curt Everson and Eric Saderholm, who each have more than 25 years experience in this field and have both individually, and as part of exploration teams, found millions of ounces of gold. Silvio will benefit by having Curt and Eric directing the exploration of the projects, and importantly we will be working hand in hand with them to continue to build a portfolio of valuable mineral properties."
The Directors have granted stock options on 200,000 shares of the Company's capital stock, exercisable for up to five years at a price of $0.55 per share pursuant to a director approved Stock Option Plan. The options granted will be subject to applicable regulatory approvals and hold periods.
About Sirius
Sirius Exploration LLC is owned and operated by Curt Everson and Eric Saderholm who both recently left Vice President positions at US Gold Corporation. The mission of Sirius Exploration is to aggressively explore new and emerging trends and mineral occurrences in western North America, primarily Nevada. Their extensive presence in the minerals community bridges true greenfields exploration with discovery, project modeling, metallurgical testing, development, feasibility studies and operating mines.
Curt Everson has over thirty years of experience in the mineral exploration industry and has developed, coordinated and implemented successful exploration programs in the Mid-continent, Western United States and Peru. Recently Mr. Everson was Vice President of Exploration for US Gold from 2007 to early 2008. Mr. Everson was co-founder and President of Nevada Pacific Gold (U.S.) from 1997 to 2007 which was later acquired by US Gold Corporation. Mr. Everson earlier worked at both Gold Fields Mining and Santa Fe Pacific Gold.
Mr. Eric Saderholm has over 25 years of experience in the minerals industry with leadership in exploration, project development, property management and mining. He has been integral to geologic teams that added over 18 million ounces of gold to reserve bases in Nevada, Washington and Peru. Mr. Saderholm was Vice President, Project Development at US Gold from August 2006 until early 2008. Prior to that position, he was at Newmont Mining Corp for 10 years where his final position was Carlin Trend Exploration Manager, Regional Geologist. At Newmont, he also held the positions of Chief Geologist at the Phoenix Mine, Lone Tree Complex and Mule Canyon Mine, all located in Nevada as well as Project Manager, Grupo Carachugo, Peru.
About Meridian Ridge, White Pine County, Nevada
The Meridian Ridge property is located 30 miles southeast of Eureka, Nevada along the southern extension of the Battle Mountain/Eureka Trend in the northern end of Railroad Valley, White Pine County, Nevada. The Meridian Ridge area lies approximately one mile southwest of the previously mined Nighthawk Ridge deposit (Easy Junior), which was reported to contain a mineable geologic reserve of 176,500 ounces of gold in July of 1989.
During 1984-1985, Santa Fe Minerals drilled 16 holes in the Easy Junior area of which several were on the north end of Meridian Ridge. Santa Fe encountered narrow intercepts of gold mineralization with the best hole containing 45 feet of 0.059 ounces per ton. Recent re-evaluation of the area shows the potential for additional gold mineralization to exist south of the Easy Junior area where the feeder fault intersects additional favorable host rocks. Jasperoid development (silicification) and brecciation along this feeder fault extends for over three miles within the Meridian Ridge claim block. Limited historical exploration has been done in this area.
About Bombardier, Mineral County, Nevada
The Bombardier Project is located 150 miles southeast of Reno, Nevada near the southeastern corner of the Santa Fe Mining District. This district was discovered in 1879 and was mined for silver until World War I and produced more than $1,800,000 in copper during this same time period. Reconnaissance exploration by Sirius has shown this property to contain potential copper/gold mineralization associated with a porphyry skarn similar to Newmont's Phoenix deposit and other gold skarns located throughout the western United States.
About Silvio Ventures Inc.
Silvio Ventures Inc. is a Canadian-based mineral exploration and development company focused in the western United States, primarily Nevada. Silvio will also be opportunistic in evaluating precious and base metal properties around the world with an interest in participating in any project that will increase shareholder value.
With Sirius Exploration and its two principals, Curt Everson and Eric Saderholm acting as our technical partners, our goal is to become a successful mining company through aggressive and opportunistic exploration and acquisition initiatives.
For more information, contact Bill Radvak by phone at (778) 888-4101 by email or you can visit the Company's website at www.silvioventuresinc.com.
"William J. Radvak"
Chairman & CEO