Brascan Resources Inc. announced the appointment of Mr. Jo Shearer to the Board of Directors of the Company and the resignation of Mr. Eric Warren. Jo Shearer has over 45-years experience in geology, successful exploration and production. Since 1986 he has contracted his services through Homegold Resources Ltd. Jo's geological experience covers open pit and underground precious metals, copper, lead/zinc and a focus on numerous industrial minerals (phosphate, silica, shale, mica, talc, sand &gravel, roofing granules, cement raw materials, limestone and gypsum).

He has designed and operated open cut quarries for cement raw materials, limestone and gypsum. Jo has directly supervised various projects with up to 24 man crews in remote areas of Yukon and Northern BC for major drilling, trenching, bulk sampling and road building projects. He has also completed numerous projects in Nevada, Missouri and Texas.

He is experienced in mine reclamation and working with local indigenous First Nations groups. He is a fellow of the Geological Association of Canada, Geological Society of London, Canadian Institute of Mining and Metallurgy, Elected Fellow of the Society of Economic Geologists and a registered P.Geo. (BC &Ontario).

Mr. Shearer holds a M.Sc. degree from University of London, Imperial College and a B.Sc. Honours from the University of British Columbia.