LAS VEGAS, Sept 18, 2008 /PRNewswire-FirstCall via COMTEX/ -- Uranium 308 Corp. (The "Company") is pleased to announce that Yuting Guan, a consultant with long experience in China's mineral resources industry, has joined the Company as a consultant. Uranium 308 Corp. believes that Mr. Guan's extensive network of contacts in the mining industry will significantly enhance the Company's ability to secure a strategic joint venture partner to co-develop its Janchivlan property in Mongolia.
Trained as an economist, Mr. Guan has more than 25 years experience in business management in both private enterprise and government institutions. Since 1995, he has served as Director and Deputy Manager of Sanzhou Industry Group, a real estate firm and as President of Zhonghuishiji Media Limited. Prior to that he was Deputy Manager of Beichen Industry Group, another real estate company. Mr. Guan started his management career in China's Ministry of Geological and Mineral Resources and later served as the Secretary of the China University of Geosciences.
"We believe Mr. Guan's unique combination of expertise in business and contacts in Chinese private and public sector organizations will be an invaluable resource for Uranium 308 Corp.," said Company President Dennis Tan. "We expect that he will not only make a major contribution to the Company's efforts to attract a major joint venture partner to develop Janchivlan, but also be of critical assistance in the marketing of any potential production the property may yield to energy producers in China."