Genco Resources Ltd. (GGC)
As of February 16th, 2008
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Feb 14/08 Feb 13/08 Liller, Gregory K. Direct Ownership Common Shares 10 - Acquisition in the public market 13,600 $3.010
Greg Liller, President
Mr. Liller received his B.Sc. in Geology from Western State College, Gunnison, Colorado in 1977 and has over 29 year experience in mineral exploration and mine development. From 1993 to 1999, Mr. Liller served as Exploration Manager for a group of Canadian and Australian mining companies working in Mexico. This work produced two gold mines, delineated over 2,000,000 ounces of gold and 25,000,000 ounces of silver and saw the first drill program completed in the Ocampo Gold-Silver District.
In 1999, Mr. Liller joined Gammon Lake Resources as VP of Exploration where he orchestrated the further exploration and development of the Ocampo Gold-Silver District. Mine construction at Ocampo began in March 2005 and the first gold pour occurred in January of 2006. Planned combined annual production at Ocampo from the underground and open pit mines is expected to be 300,000 gold equivalent ounces per year with a 13 year reserve base.
Mr. Liller was also instrumental in the formation of Gammon Lake's sister company, Mexgold Resources in 2003 and Mexgold's subsequent acquisition of the El Cubo Gold-Silver Mine, located in Guanajuato, Mexico, in 2004. Over the next 1.5 years, Mr. Liller managed programs that doubled El Cubo's reserve base to 949,958 gold equivalent ounces and expanded production from approximately 40,000 ounces to the current annualized rate of over 75,000 gold equivalent ounces.