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