Archive for October, 2011

CINRO RESOURCES INC. TECHNICAL GROUND TEAM LOCATES SURFACE GOLD DURING ITS RECON EXPEDITION ON ITS POTARO PROPERTIES.

TORONTO, CANADA, October 24, 2011 – Cinro Resources Inc., (the “Company” or “Cinro”) a Canadian exploration company dedicated to the exploration of precious metals and Gold deposits in Guyana, South America, today was informed by its technical team in Guyana that during their one week recon work on its Potaro properties that they located several surface gold locations from the panning of stream sediment samples. Cinro is excited at this news and intends to conduct further sampling and technical work in the coming months.

About Cinro Resources  Inc.: Cinro Resources Inc. is a private Federally Incorporated company govern by the CBCA (the “Company”). Cinro Resources Guyana Inc., is a Guyana registered company and is a wholly owned subsidiary of Cinro Resources Inc.

About Cinro’s Technical Team in Guyana: Cinro Resources Inc., technical team is led by Professor Evan Persaud, a Guyanese citizen, was educated at the University of Alberta, Edmonton, Canada, where he obtained the following degrees : BSc (Hons) (Geology) in 1981 and MSc (Economic Geology) in 1987. Mr. Persaud has completed all the necessary coursework leading to a doctorate in Geology. He has lectured at the University of Alberta, the University of Regina (Saskatchewan, Canada) and is currently lecturing at the University of Guyana since 1997. Since 1981 he has worked in exploration projects for uranium, lead, zinc, silver, columbite – tantalite, bauxite and gold; as well as a well – site geologist in the drilling of pre – production petroleum wells for oil and gas in Alberta.

CINRO RESOURCES CHAIRMAN & CEO DISCUSSES GOLD INITIATIVE WITH GUYANA’S PRESIDENT BHARAT JAGDEO IN TORONTO

Chairman & CEO of CINRO Resources Inc., Mr. Roy Singh, recently met with President Bharat Jagdeo and PPP General Secretary and Presidential Candidate, Mr. Donald Ramoutar, at a private Dinner hosted in the President’s honour in Toronto, Canada.

At the event, both President Jagdeo and Mr. Ramoutar addressed the distinguished invitees – with the President explaining what his Administration has done to promote and develop Guyana’s Mining Sector. He noted that several Canadian mining companies are currently in Guyana and are seeking to expand their operations, given all the indications that the country possesses substantial gold reserves.

In his Presentation, Mr. Ramoutar alluded to the exemplary initiatives being pursued by President Jagdeo and commended him for his efforts towards national development. The PPP Presidential Candidate observed that when his Party secures victory at the forthcoming General Elections he would continue to welcome foreign investors and to strengthen Guyana’s Mining Sector, which constitutes one of the solid pillars on which the national economy rests.

In the discussions which Mr. Singh had with President Jagdeo and Mr. Ramoutar, he outlined what CINRO has done so far in investing in the Mining Sector. He adverted to his recent meeting with Prime Minister Sam Hinds and the strong support that he received from the Office of the Prime Minister. CINRO’s Chairman told the President and Mr. Ramoutar that he is committed to developing his present mining concessions with a view to expanding his operations as quickly as possible.

The exchange of views was conducted in a very cordial and friendly manner with both of the distinguished Guyanese hosts reiterating that they welcome foreign investments in Guyana and affirming that they would, though various Government agencies, assist CINRO to achieve its objectives.

Mr. Singh expressed his gratitude to the President and Mr. Ramoutar and mentioned that he would be traveling to Guyana shortly to review CINRO’s progress on the ground and to meet with a number of Government officials in order to pursue his gold initiative.