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Pan American Goldfields Ltd. (MXOM) announces Dr. Alexander Borisenko's appointment as advisor to the board of directors
Dr. Borisenko is an expert regarding ore-deposit formation and metallogeny. His work resulted in the discovery of a silver belt currently estimated to contain 3.8 billion ounces of silver at SE Altai and NW Mongolia where he also identified a number of economic Ag-Sb deposits. Dr. Borisenko is also credited with the discovery of the Central Khangai gold-belt and the resulting discovery of large gold placers including Harguyt and Twin-goal. In Southern Mongolia he discovered several gold deposits including Bumbat and Unegen-Del. For his discovery of the silver belt at SE Altai and NW Mongolia he received a Medal from the Union of Communist Republics.
Dr. Borisenko is a director and executive for a number of different scientific projects and he actively participates in international scientific collaboration with academic and industrial organizations of Mongolia, Vietnam, China, Czech Republic, England, Germany, Morocco and other countries. He is an author or coauthor of 127 papers, and 6 monographs. Dr. Borisenko is a member of editorial board for the Scientific Journal of Russian Geology and Geophysics. He has been on the committee of the International Association for Genesis of Ore Deposits since 1972. He is a member of SEGA: the Association of Economic Geologists. In 2011 he received the State of Vietnam's Friendship Medal for his research regarding economic geology in that country.
"Dr. Borisenko has already demonstrated his value to Pan American during a recent tour of prospects in Colombia, and Argentina" said Pan American Goldfield's Chairman Neil Maedel. "Dr. Borisenko provided an intense and nearly unparalleled analysis of the various gold properties we are currently exploring or evaluating. It is clear that as advisor to the board he greatly increases our company's ability to identify and analyze gold systems in a cost effective way, while ultimately, he greatly increases the likelihood that we will make major discoveries."
About Pan American Goldfields
Pan American Goldfields is a precious metal producer and exploration company. It is a specialist in exploration, mine development and production in Mexico's booming Sierra Madre Gold-Silver Belt. The company's most advanced project is its now producing Cieneguita gold-silver mine where a preliminary economic assessment is underway. In addition, it holds the Cerro Delta project in Argentina, where it is exploring for large gold and copper-gold mineralization in the Maricunga Gold Belt in Argentina, across from a number of world class projects in Chile.
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