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Sterling Appoints Experienced Miner for Phosphate Development in China - July 26, 2011
Sterling Group Ventures, Inc. ("Sterling") (OTCQB:SGGV)(FRANKFURT:GD7) is pleased to advise that it has appointed Mr. Shijin Qin as senior engineer for its Hongyu
phosphate project located in Hunan Province, China.
Mr. Qin has many years experience working with phosphate, having been employed by both the 645 Brigade and 679 Brigade, Northwest Geological Bureau, the
Qilianshan Brigade of Gansu Province Geological Bureau and the No. 2 Brigade of the Gansu Geological Bureau and as director of the mining department of the Yichang District Chemical Industry Bureau of Hubei
Province, a significant phosphate producer, in charge of mining construction and technical management. He also worked as Senior Engineer and Vice Chief Engineer of Yichang Phosphorus Chemical Industry Group Ltd. in
charge of phosphate mining, construction and development of phosphorus chemicals. He has also worked as senior engineer and resource/reserve appraiser as well as consultant in the phosphate mining industry. He has
participated in the research and development of a number of phosphate projects in China and has won many awards in his field.
Sterling recently completed after receiving all necessary regulatory approvals
the acquisition of Hongyu Mining which holds a phosphate mining permit in Hunan. Sterling is currently preparing plans to put the phosphate deposit into production.
ON BEHALF OF THE BOARD OF DIRECTORS
Raoul Tsakok, Chairman & CEO
For further information, please check the Company's SEC filings.
Any forward-looking statement in this press release is made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements
involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related
business. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements. Cautionary Note to U. S. Investors Concerning Estimates of Measure, Indicated, and Inferred Resources and Reserves. Statements regarding resources and reserves
have been based on audits conducted under Chinese methods of calculation which the SEC guidelines strictly prohibit in its filings.
Contacts:
Sterling Group Ventures, Inc.
Raoul Tsakok
Chairman
(604) 689-4407
Sterling Group Ventures, Inc.
Richard Shao, PhD
President
(604) 689-4407
Sterling Group Ventures, Inc.
Robert Smiley, JD
Director
(604) 689-4407
(604) 408-8515 (FAX)
info@sterlinggroupventures.com
www.sterlinggroupventures.com
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