Tethyan Resource Corp. announced that Mr. Fabian Baker has been appointed Chief Executive Officer, replacing Mr. Jerrold Annett, and continues in his role as President of the Company. Mr. Annett has also resigned from Tethyan's Board of Directors.

In addition, the Serbian management team has been enhanced with the appointment of Mr. Veljko Culafic as Managing Director, Serbia. Mr. Culafic was the Project Manager in charge of permitting at Nevsun Resources where he advanced the world-class Cukaru Peki ("Timok") copper and gold mining project in Serbia, fostering strong relationships within industry and government. He has previously held positions at a number of mining, consulting and logistics companies including Freeport-McMoran.