FT. WORTH, Texas, Jan. 19, 2011 /PRNewswire/ -- VHGI Holdings, Inc. (OTC Bulletin Board: VHGI) and VHGI Gold, LLC, its wholly-owned operating subsidiary, announce today that they have added a seasoned mining engineer / geologist to the operating team for their Sun Gold Project between Prescott and Mayer, AZ. U.S.A.
"We interviewed several potential candidates prior to selecting Mr. Peter Herrera. Our final decision was based on his extensive engineering and geological experience spanning over 30 years in the mining industry," said Mr. Eric Leonetti, Vice President / COO of VHGI Gold. Mr. Leonetti went on to say, "With the addition of Mr. Herrera, I believe we have added an integral piece to our team and I look forward to working closely with him in the coming months."
In addition to retaining Mr. Herrera the company is currently preparing to complete the interview process with a select group of geologists and hope to announce the retention of this individual in the immediate future and thus complete its exploratory mining team.
Mr. Jim Renfro, President of VHGI Gold added, "We are proud to add Mr. Herrera to our team and believe that with him on board our ability to move forward with the exploratory process, toward our goal of establishing a commercial mining operation, is that much closer."
About VHGI and VHGI Gold
VHGI is a diverse company with assets and interests focusing on opportunities within the Healthcare Technology Industry and Precious Metals Markets. VHGI Gold, a wholly owned subsidiary of VHGI has recently initiated steps to leverage the company's operating history and corporate resources within the Gold Mining Industry and intends to pursue these opportunities through Lease-Purchase opportunities, Acquisitions and Joint Ventures.
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SOURCE VHGI Holdings, Inc.