Australian Mines Limited : Managing Director Appointment
01/24/2012 | 10:14pm
25 January 2012
ASX Announcement ASX: AUZ
Benjamin Bell appointed to board as Managing Director
Australian Mines Limited ("Australian Mines" or "the
Company") (ASX: AUZ) is pleased to advise that Chief
Executive Officer, Benjamin Bell has been appointed to the
Company's Board of Directors as Managing Director, effective
from 23 January 2012.
Mr Bell, a geologist and geophysicist with over 15 years'
experience in the mineral industry, including 10 years in
gold exploration, joined Australian Mines in November 2011.
Previously Benjamin was CEO and Director of ASX-listed
explorer Ausgold Limited (ASX: AUC), where under Mr Bell's
stewardship, Ausgold successfully identified the Katanning
Gold Discovery in Western Australia. Prior to this, Benjamin
consulted to a number of ASX-listed gold explorers and held
senior exploration geologist roles with companies including
Regis Resources Limited. He has managed the operations of UTS
Geophysics leading field crews across Australia and Africa
and the airborne geophysical arm of the Australian Government
Agency, Geoscience Australia.
Non-executive Chairman Michael Ramsden commented, "We are
extremely pleased to appoint Mr Bell to the Board as Managing
Director. We view Benjamin as an integral pillar in the
company's strategy moving forward, and his appointment
reaffirms the Boards' belief that he has the qualities needed
to transform Australian Mines into a significant player in
Nigeria.
"Since Benjamin's appointment as CEO in November 2011, he has
played a fundamental role in cementing Australian Mines'
position as an emerging gold explorer within Nigeria. He has
successfully led our in country team in identifying key
project areas which will be the
primary focus of the Company's 2012 exploration program.
LEVEL 1, 83 HAVELOCK STREET, WEST PERTH, 6005
PO Box 883, West Perth, WA 6872
Tel: +61 8 9481 5811 Fax: +61 8 9481 5611
Email: office@australianmines.com.au
We look forward to him continuing to make further progress as
we look to build on our first mover advantage in Nigerian
gold exploration."
***ENDS***
For further information, shareholders and media please
contact:
Benjamin Bell Victoria Thomas
Managing Director Six Degrees Investor Relations
Ph: +61 8 9481 5811 Ph: +61 3 9674 0347
E: bbell@australianmines.com.au E:
victoria@sixdegreesmedia.com.au
About Australian Mines:
Australian Mines (ASX: AUZ) is an Australian-listed resource
company targeting gold and base metals.
Australian Mines' key asset is its extensive 100%-owned
tenement holding in Nigeria's northwest gold province that
contain similar geology to the better known gold producing
countries of Ghana, Cote d'ivoire and Burkina Faso - where a
combination of advanced exploration and development programs
is leading to rapidly expanding output.
Nigeria has a history of gold production and the majority of
Australian Mines' tenements contain historic artisanal
workings.
The Nigerian Government, which is democratically elected, is
actively encouraging foreign investment into the country's
mineral sector. The Nigerian Minerals and Mining Act 2007
guarantees security of tenure and the right of explorers to
convert exploration licences into Mining Leases following the
delineation of an ore resource.
Australian Mines has commenced systematic exploration of its
highly-prospective Yargarma, Kasele, Kagara and
Tsauni project areas, with this program being fully-funded
through to 2014.
LEVEL 1, 83 HAVELOCK STREET, WEST PERTH, 6005
PO Box 883, West Perth, WA 6872
Tel: +61 8 9481 5811 Fax: +61 8 9481 5611
Email: office@australianmines.com.au
