Santa Fe Gold Corporation announced the appointment of Thomas Laws as President & CEO of Santa Fe Gold Corporation. Since joining Santa Fe just four months ago, Mr. Laws together with his highly experienced exploration and acquisitions team has brought an incredible amount of drive and momentum to Santa Fe, assembling and delivering a formidable portfolio of exceptionally valuable properties, highly sought after mines and some notably high grade deposits. The company's intention is to begin monetizing these properties forthwith. As President and CEO, Tom will be a representative of stature and experience in dealing with Banking and Finance Institutions as the company secures the necessary capital to enable it to resume operations soon. Tom Laws, age 58, is a metallurgist and mining analyst with over 40 years of experience in the mining industry. Mr. Laws' mining career began in Alaska operating a Placer Gold Mine. He then joined Phelps Dodge Corporation. His role was a Metals Accounting Specialist and Cost Analyst at the Hidalgo Smelter located in Playas, New Mexico. He later moved to the Tyrone Mine in Tyrone, New Mexico. Eventually, Mr. Laws returned to the Hidalgo Smelter in Playas, New Mexico as controller. Mr. Laws was then appointed to oversee costs and budget accounting at Chino Mines. He progressed to become a transaction specialist at Kennecott Mining. There he facilitated the Phelps Dodge Corporation purchase of Chino
mines and related companies. After the transaction, Mr. Laws assumed accounting implementation and operational control of the Chino and Kennecott acquisitions for Phelps Dodge Corporation, now part of Freeport-McMoRan Inc. Since joining Santa Fe Gold, August 1, he has aptly demonstrated the importance of his connections, with the caliber and quality of his acquisitions and as a result, Santa Fe Gold now controls or owns approximately 53
million tons of valuable gold, silver, copper, precious and base metals and also some titanium ores. Additional acquisitions are in the pipeline.