David C. Naccarati Joins Gold Canyon Mining and Construction Board

RENO, Nev., Dec. 30, 2010 /PRNewswire/ -- David C. Naccarati, former President of Phelps Dodge Mining Company, has joined the Board of Gold Canyon Mining and Construction, LLC.  David Naccarati brings a wealth of experience to Gold Canyon from his more than three decades of experience in mining.  Mr. Naccarati commented, "I'm very excited to have the opportunity to work with the team at Gold Canyon, they've already done some remarkable work and I'm looking forward to helping them continue to expand their business."

While at Phelps Dodge, Mr. Naccarati led the operations of all of Phelps Dodge's copper mines worldwide, an operation that employed 11,000 people and produced 2.4 billion pounds of copper annually.  He has also directly operated five mines where he led significant technical and operational transformations.  Mr. Naccarati is currently on the Board of Cupric Canyon Capital and an adjunct professor in the Department of Mining and Geological Engineering at the University of Arizona.

Kerry Bjornson, CEO of Gold Canyon Mining and Construction, said, "We are very happy to have David's advice and support.  His vast experience in the mining industry combined with his strategic and operational insights are an incredible resource for us as we continue on our growth trajectory."

About Gold Canyon Mining and Construction, LLC

Gold Canyon Mining and Construction is a leading provider of construction and contract mining services in the Western United States and Alaska. The Company's customers include many of the world's largest multinational mining companies.  Gold Canyon Mining and Construction is headquartered in Reno, Nevada with offices in Fairbanks, Alaska; Phoenix, Arizona; and Elko, Nevada.  The Company was started in 2003 and was acquired by ClearLight Partners, a leading private equity firm, in 2008.  Please see www.GCMining.com for more information.

SOURCE Gold Canyon Mining and Construction