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SANP

Oct19
2012
Leave a Comment Written by THESTOCK411.com

Seasoned Geologist Elpidio Moronta Joins Santo Mining Corp.
SANTO DOMINGO, Dominican Republic, Oct 19, 2012 — Santo Mining Corporation (OTCBB:SANP), (the “Company”), is pleased to announce that Mr. Elpidio Moronta has been appointed to the SMC team as full time Exploration Field Geologist. Mr. Moronta is a seasoned Dominican Geologist who previously worked at Pueblo Viejo and Cerro de Maimon which straddles the Santo Mining claim.

From June 2007 to May 2008 Mr. Moronta worked with Placer Dome, which was later taken over by Barrick Gold during this period. During this term he served as a Geotechnical and Geostructural Geologist identifying drill targets for the project.

From May 2008 until August 2011 he worked a Senior Supervisor of the Process Plant and Operations Control, with Corporacion Minera at the “Cerro de Maimon” gold silver and copper mine, which is now Perilya. More recently from September 2011 to July 2012 he worked with the respected firm of Rocas y Minerales Dominicana where he was assigned to a wide variety of technical duties including geochemical sampling.

Mr. Moronta graduated in 2002 in geology and mines from the Insituto Technologico del Cibao Oriental. Since his first day on the team at Santo Mining Mr. Moronta has been supervising the exploration crew collecting soil samples on a 100 meter grid at the company’s flagship “Walter” claim.

Santo Mining President Al French stated, “We are extremely fortunate to have Elpidio join our exploration team. Almost all his work experience has been gained in the hills that are within walking distance of our “Walter” gold claim it is as if he was tailor made for us. He knows the local geology and territory like the back of his hand and is enthusiastic about Santo Mining’s prospects. I’ve observed his methodical work style and meticulous attention to detail which can only enhance our success in the field”.

About Santo Mining Corporation

Santo Mining Corporation is an aggressive junior minerals exploration and development company, based in the Dominican Republic. The Company is actively pursuing the acquisition and exploring of properties, which are strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area in the Dominican Republic.

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Posted in Hot Stock Picks, NASDAQ, News, OTC MARKET, Penny Stocks, Pink Sheets, Watchlist - Tagged hot stock picks, momentum stocks, PENNY STOCK, PINK SHEET, SANP, SANP.QB, stock market, the stock 411
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