MISSISSAUGA, Canada, June 2, 2005 (PRIMEZONE) -- China Resources Group Ltd. (Pink Sheets:CAEO) (the "Company" or "CRG"), an emerging resource exploration company, is pleased to announce that Mr. Glenn Kasner has joined its Strategic Advisory Board.
"The strength of the CRG Strategic Advisory Board will be a key factor to the long-term success of the Company," said Gerry Belanger, President and CEO. "Our ability to draw upon the lifelong experience of proven and respected mining industry leaders will continue to set us apart from other junior exploration companies active in China."
Mr. Kasner is a 30 year mining veteran and a graduate of the prestigious Haileybury School of Mines. He has extensive experience, both domestic and international, relating to all aspects of mineral exploration and development. During his career, Mr. Kasner has worked in a variety of senior management and technical capacities with both junior and senior mining companies. He currently serves as President and CEO of a publicly traded mineral exploration company with an over 80 year operational history.
"The addition of Glenn to the CRG team is a great step forward for the Company. His wide-ranging practical and technical knowledge will provide us with a significant advantage as the Company moves forward with its potential project acquisitions in China."
CRG is currently engaged in ongoing negotiations for the acquisition of majority interests in two advanced stage exploration projects targeting previously identified gold-silver and molybdenum-copper mineralization in northeast China. Additional information regarding potential project acquisitions and further appointments to the Strategic Advisory Board will be made available in subsequent press releases.
About China Resources Group Ltd.
China Resources Group is an emerging resource exploration company focused on the acquisition and development of high-potential exploration properties in China. China Resources Group shares are traded over-the-counter on the Pink Sheets.
To learn more about China Resources Group, visit www.chinaresgrp.com
Disclaimer: Portions of this press release include "forward-looking statements," which may be understood as any statement other than a statement of historical fact. Forward-looking statements contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may vary materially from management's expectations and projections expressed in this press release.