Tawana Resources NL

Published : July 03rd, 2015

Changes to Tawana’s Board of Directors | 71.72 KB

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Changes to Tawana’s Board of Directors | 71.72 KB


ASX RELEASE: 3 July 2015

ASX : TAW

CORPORATE DIRECTORY Executive Chairman & CEO

Wayne Richards

Executive Director, CFO & Co. Sec.

Michael Naylor

Technical Director

Len Kolff

Mofe Creek Iron Ore Project - Liberia, West Africa

LIBERIA: Proven Iron Ore Country

LOCATION: Project located 20km from coast, adjacent to historic rail alignment, 85kmto Port of Monrovia

LITHOLOGY: High grade +33% Fe friable itabirite resource of 61.9Mt with ability to produce a +64 to

68% Fe product

LOGISTICS: Private Haul Road, Transhipment or Direct ship loading

LEADERSHIP: Proven Executive Team with 'In-Country' Iron Ore expertise

Rakana JV (6.7%), South Africa Meletse Iron Ore and Avontuur Manganese JV managed by Baosteel Iron and Steel Group

Key Milestones:

Scoping Study completed

Maiden Resource Estimate announced

Pre-Feasibility study progressing

Mineral Development Agreement negotiations commenced

PFS Drilling Program and Resource Extension Upgrade commenced

Environmental and Social Impact Assessment (ESIA) awarded and Baseline surveys completed

CONTACT DETAILS

288 Churchill Avenue

Subiaco Perth WA 6008

Email: [email protected] Website: www.tawana.com.au Phone: +61 8 9489 2600

Changes to Tawana's Board of Directors

Tawana Resources NL ('Tawana' or 'the Company') is pleased to announce the appointment of Michael Bohm to the Board of Directors (the Board) as an Independent Non-Executive Director of the Company with effect from 1 August 2015.

Michael is an experienced mining professional with extensive corporate, project and operational management experience in the minerals industry in Australia, South East Asia, Africa, Chile, Canada and Europe/UK. A graduate of the WA School of Mines, Michael has worked as a mining engineer, mine manager, study manager, project manager, project director and managing director. He has been directly involved in a number of project developments in the resources sector both in Australia and offshore.
His corporate experience includes previous directorships at Sally Malay Mining Limited (now Panoramic Resources) in Australia (ASX), Ashton Mining of Canada (TSX), Herencia Resources (AIM) and Argyle Diamond Mines Pty Ltd. Michael currently serves on the board of ASX/TSX listed gold producer Perseus Mining Limited and ASX listed gold producer Ramelius Resources Limited.
In conjunction with the appointment of Michael, Mr Len Kolff will step down from the Board to pursue other career opportunities effective
1 August 2015.
Tawana Executive Chairman and CEO, Mr Wayne Richards paid tribute to Len's contributions to the Board: "Len has made a tremendous contribution to the Board and the Company over his five-year tenure at Tawana Resources, including his instrumental role in the discovery of the Mofe Creek iron ore project from a greenfields prospect. We wish Len all the best in his future endeavours and thank him for his valuable contribution to the Company. We are also delighted that Michael has joined the Board and recognise the extensive corporate and project development skills he brings to the role, with the particular emphasis of continuing to add value to the Mofe Creek iron ore project."
For further information, please contact:

Wayne Richards

Executive Chairman and CEO Ph: +61 8 9489 2600

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Australia | Canada | Chile | Liberia | South Africa | All
Gold and Silver Prices for these countries : Australia | Canada | Chile | Liberia | South Africa | All

Tawana Resources NL

CODE : TAW.AX
ISIN : AU000000TAW7
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Tawana Resources is a exploration company based in Australia.

Tawana Resources holds various exploration projects in Australia, in Botswana and in South Africa.

Its main exploration properties are EASTERN GRAVELS (TAWANA), NORTHERN FEEDER CHANNEL (TAWANA) and PERDEVLEI in South Africa.

Tawana Resources is listed in Australia, in Germany and in United States of America. Its market capitalisation is AU$ 129.6 millions as of today (US$ 93.6 millions, € 82.4 millions).

Its stock quote reached its lowest recent point on March 11, 2016 at AU$ 0.00, and its highest recent level on January 19, 2018 at AU$ 0.58.

Tawana Resources has 418 020 000 shares outstanding.

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