Dr. Murray W. Hitzman Joins Cardero Board
Cardero Resource Corp. - News Releases - Dr. Murray W. Hitzman Joins Cardero Board - Mon Oct 20, 2014
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Dr. Murray W. Hitzman Joins Cardero Board
Cardero Resource Corp. ("Cardero" or the "Company") is extremely pleased to announce that that Dr. Murray W. Hitzman has agreed to join the Company's board of directors immediately to fill the vacancy created by the resignation of Michael W. Kinley, C.A.
Dr. Hitzman joins the board following corporate developments which began on October 31, 2005 whereby Mr. G. Ross McDonald C.A. resigned as Chief Financial Officer as a consequence of the merger of his accounting practice with that of Smythe Ratcliffe, C.A., the Company's auditors.
The Company would like to take this opportunity to thank Ross for his
invaluable experience, dedication and hard work on behalf of the Company during his
tenure as Chief Financial Officer.
is one of the world's foremost authorities on Iron Oxide Copper-Gold (IOCG) deposits.
In 1992 Dr. Hitzman
co-authored the seminal paper on IOCGs prior to publishing one of the first papers on the origin of the giant Olympic Dam IOCG deposit in 1993.
has worked in all of the major global IOCG districts including Cardero's frontier Baja IOCG Belt.
Following a recent examination of the San Fernando property by Dr. Hitzman
concluded that "San Fernando is comparable in terms of alteration style and intensity to the Candelaria deposit in Chile.
The drilling results at San Fernando are very encouraging for further exploration within the district.".
resume is summarized below:
MURRAY W. HITZMAN
Charles Franklin Fogarty Professor of Economic Geology
Colorado School of Mines
Murray Hitzman received BA degrees in Earth Science and Anthropology from Dartmouth College in 1976, an MS in geology from the University of Washington, Seattle in 1978, and a Ph.D. from Stanford University in 1983.
Dr Hitzman began work in the mining industry with Anaconda in 1976 at the Yerington porphyry copper mine in Nevada and subsequently worked for Anaconda in Alaska from 1977 through 1982.
From 1982 through 1993, Dr. Hitzman worked throughout the world for Chevron Resources Company and initiated and managed base and precious metal exploration projects in Papua New Guinea, Brazil, Spain, Ireland, France, Germany, Italy, Tanzania, Canada, and the United States.
In 1990 he
discovered the Lisheen zinc-lead-silver deposit in Ireland.
From 1990 though 1993, Dr. Hitzman was manager of the Lisheen project guiding it through exploration and pre-feasibility, including engineering and environmental studies.
In 1993, Dr. Hitzman was named Geological Society of America Congressional Fellow and served from September, 1993 to August, 1994, on the staff of U.S.
Dr. Hitzman was named Executive Branch Fellow by the American Association for the Advancement for Science/Sloan Foundation during 1994.
As the Executive Branch Fellow he served as a senior policy analyst in the White House Office of Science and Technology Policy from September, 1994 through March, 1996 specializing in natural resource, environmental, and geoscience issues.
In June, 1996, Dr. Hitzman became the Charles F. Fogarty Professor of Economic Geology at the Colorado School of Mines, and in 2002 was named Head of the Department of Geology and Geological Engineering at the Colorado School of Mines.
He was awarded the Society of Economic Geologists Silver Medal in 1999 and served as President of the Society during 2005.
In 2004, Dr. Hitzman was named as the Chair of the Committee on Earth Resources for the U.S. National Research Council.
"With his world-class expertise on IOCG's and distinguished international reputation amongst major mining companies, Dr. Hitzman is a very significant addition to Cardero," stated Henk Van Alphen, president.
knowledge and experience will play a key role in the subsequent exploration phases of the Baja IOCG district."
The Company further announces that, pursuant to its Stock Option Plan, it has granted to Dr. Hitzman
an incentive stock option to purchase up to 200,000 shares in the capital stock of the Company.