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St Andrew Goldfields bolsters board of directors with new member

Published: 16:12 27 Oct 2011 EDT

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St Andrew Goldfields (TSE:SAS) said Thursday it has appointed Catherine A. Gignac to its board of directors.

Gignac most recently held the position of managing director and analyst with NCP Northland Securities. She has covered the mining and minerals sector, including large to small cap, precious and base metal mining companies for over 25 years.

Gignac has previously held positions with several Canadian brokerage firms including UBS Securities, RBC Capital Markets, Merrill Lynch Canada and Wellington West Capital Markets.

Prior to this, she was an exploration geologist with Barrick Gold Corporation (TSE:ABX). Gignac is also a member of the Mineral Resources Analyst Group, the CFA Institute, the Canadian Institute of Mining and Metallurgy and the Prospectors and Developers Association of Canada.

"We are delighted to have Catherine as a member of our Board of Directors", said St Andrew chairman, Louis Gignac.

"She is highly respected and held in high regard within the mining industry. Her expertise in valuation analysis, her knowledge of the capital markets as well as her background in geology will be a great addition to the board."

St Andrew is a gold mining and exploration company with a land package in the Timmins mining district, northeastern Ontario which lies within the Abitibi greenstone belt. The company is focused on developing its assets in the Timmins Camp with three producing mines and exploration activities across 120 kilometres of land straddling the Porcupine-Destor Fault Zone.

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