Redtail Metals appoints Blair M. Shilleto as Chairman and John W. Legg as President

Oct 31, 2011, 09:15 ET from Redtail Metals Corp.


VANCOUVER, Oct. 31, 2011 /PRNewswire/ - Redtail Metals Corp. (TSX-V:RTZ) (the "Company") is pleased to announce that it has appointed Blair Shilleto as Chairman and John Legg as President. Mr. Shilleto and Mr. Legg both currently serve as directors of the Company.

Blair M. Shilleto
A mining and investment entrepreneur, Mr. Shilleto formed and led his own mine contract company in a joint venture capacity and was subsequently involved in the resource investment industry. Since 1976, Mr. Shiletto has managed projects for notable clients including Cameco Corporation, Canamax Resources and United Keno Hill Mines. Mr. Shilleto is currently a consultant to the mining industry and an advisor to the resource investment sector for European based resource asset managers. He was raised in Mayo, Yukon and is a member of the Na-cho Nyak Dun First Nation.  Mr. Shilleto also serves as a Director for Golden Predator Corp. and Silver Predator Corp.

John W. Legg
Mr. Legg is the President and Director of Golden Predator Corp., and is the President and Managing Director of the Predator Group of Companies, of which Redtail is a member.  Mr. Legg has over 15 years experience with public resource companies: from 1994 through 2006 Mr. Legg was a securities lawyer in private practice, advising companies in natural resources, securities and corporate finance law, and since 2006 has held several senior management positions in the industry. Mr. Legg is also a founder and serves as a Director of both Tigris Uranium Corp. and Silver Predator Corp.

The Company anticipates Mr. Shilleto's strong working knowledge of its flagship Marg Project, as well as his proven abilities developing underground projects towards production, coupled with Mr. Legg's significant management skills, being of substantial benefit.

To facilitate the appointments, William M. Sheriff has resigned as Chairman and Director and Michael O'Brien has been appointed Chief Financial Officer.  While Mr. Sheriff will be focusing the majority of his efforts on Golden Predator Corp. as that company moves toward a production decision on its Brewery Creek Project, he will remain in active service on the Company's Advisory Board.

About Redtail Metals Corp.
Redtail Metals specializes in identifying, acquiring and developing quality precious metal enriched copper, lead and zinc mineral deposits in Yukon, Canada. The Company currently controls the Marg and Clear Lake massive sulfide deposits, both with 43-101 compliant mineral resources, along with a number of other quality exploration properties in Yukon. Redtail Metals has a committed management team with extensive experience in Yukon and a proven track record of building shareholder value in the junior equity market.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Redtail Metals' plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Redtail Metals' assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

SOURCE Redtail Metals Corp.