CANON CITY, Colo., Jan. 13, 2012 (GLOBE NEWSWIRE) -- Buckingham Exploration Inc. (OTCBB:BUKX) is pleased to announce that it has entered into a strategic alliance agreement (Strategic Alliance) with Mining Plus Pty Ltd (Mining Plus).
Mining Plus is a leading firm of mining consultants consisting of open-pit and underground mining engineers, geologists, environmental and geotechnical consultants led by an experienced management team. Located in Perth, Melbourne, Adelaide, Kalgoorlie and Vancouver, Mining Plus operates on both a national and international scale. Mining Plus has a proven track record of delivering innovative practical solutions to all aspects of the mining business from mineral project review and assessment to detailed feasibility studies and project management. For further information on Mining Plus please visit www.miningplus.com.au.
The Strategic Alliance ensures Buckingham access to the extensive knowledge and experience of the Mining Plus team and provides that Mining Plus will assist Buckingham to identify, review and advise on potential mining projects as well as assist in sourcing potential projects of merit globally. Ben Auld, Managing Director of Mining Plus will be joining the board of Buckingham as a director. Importantly, the Strategic Alliance also creates an immediate international presence for Buckingham through access to Mining Plus offices worldwide.
Said Simon Eley, President of Buckingham, "We regard this Strategic Alliance as a very important milestone in our company's development. This allows Buckingham to have a critical edge over many small mining companies in that it gives us access to over 50 seasoned industry professionals to review and guide the company's projects and assist in the development of those projects it acquires. We look forward to building a close alliance with Mining Plus and welcome having somebody of Ben's experience and caliber join our Board."
About Buckingham Exploration Inc.:
Buckingham Exploration is an exploration stage company whose principal business is the acquisition and exploration of mineral resources.
Forward-looking Statements:
This press release contains statements, which may constitute "forward-looking statements" regarding our intent, belief or current expectations. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Buckingham, are forward-looking statements that involve various risks and uncertainties. These forward-looking statements are made as of the date of this news release and Buckingham assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although Buckingham believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in Buckingham's reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.