Biography
BRUCE MORRIN
Bruce Morrin has a wide range of experience in various open pit, underground and diverse hard rock mining operations. He has worked in large scale underground open stoping operations, block caving and sublevel caving operations with challenging support requirements, in high thermal gradient conditions in the development of a deep copper mine in Mt Isa, Queensland and fly in fly out open pit gold operations in Western Australia. He spent two years with the Mines Inspectorate as a District Inspector of Mines in Western Australia.
He has worked at internationally recognised mining centres including the Zambian Copperbelt with Anglo American, the Great Dyke of Zimbabwe, Mt Isa in Queensland with Mt Isa Mines Ltd and various Western Australian goldfields managing operations and taking projects through to successful implementation including the redesign of a block cave mine whilst operating, the commissioning of underground electric powered 50 tonne haulage trucks, the sinking and equipping of a vertical 765 metre deep 8 metre diameter shaft and the commissioning of a 2.5Mtpa industrial mineral process plant.
Bruce was previously a non-executive director of Moly Mines Ltd and was appointed to the Board of Redbank Mines in October of this year.
He qualified as a mining engineer at the Camborne School of Metaliferous Mining, Cornwall, England, is a Fellow of the Australasian Institute of Mining and Metallurgy, a Fellow of the Institute of Materials, Minerals and Mining (UK) and holds a First Class Mine Managers Certificate of Competency.
Biography
BERNARD SIDDALL
Bernard Siddall has wide ranging experience in mine metallurgical practices from operations management to consulting in large 18mtpa to smaller 100ktpa mining operations in gold, copper, nickel, other base metals, ferrous and industrial minerals from initial testing through feasibility and process design to commissioning.
For over twenty years he managed his own company, Orway Mineral Consultants (OMC) in Perth which specialised in comminution studies based on rock characterisation from drill core through to consulting in extractive metallurgy.
His specialist skills have taken him to mining centres throughout Australia, Canada, Africa, SE Asia, , South America and Iran working on porphyry copper, porphyry gold, nickel/copper/cobalt, complex sulphides of copper/zinc, lead/zinc, gold/copper/uranium, refractory gold, mineral sands, manganese and magnetite. He has undertaken heap leach studies for gold and copper/gold operations and technical audits for banks, company due diligence audits and IPOs.
Bernard has a BSc (Honours) Metallurgy, and Graduate Diploma - Mineral Dressing and Coal Preparation, from the University of Leeds, UK. He is a Fellow of the Australasian Institute of Mining and Metallurgy. He is a Past President and Life Member of the West Australian Mining Club. He is a Non-Executive Director for Lisungwe Plc and was until recently a Non-Executive Director of Nimrodel Resources Limited
Biography
MICHAEL KIERNAN
Michael Kiernan has more than 35 years experience in transport, mining, contracting and resources industries, including the development and operation of mining projects in iron ore, manganese, chromite, nickel, copper, coal and gold.
He has a track record in management and leadership of resources based businesses having held executive positions with Australia's major mining and transport contractors. He was Managing Director of Consolidated Minerals from 1998 until he stepped down on June 2006 and was instrumental in reconstructing Consolidated Minerals, re-listing the company in 1999 and building the company to become a significant diverse resources company included in the ASX 200 which was ultimately taken over by a large international consortium.
He currently is Managing Director and major shareholder of the ASX-listed investment vehicle Alexanders Securities Limited, which will focus on investment and development of copper, coking coal and iron ore projects.
He holds a Bachelor of Business from Curtin University and a Company Directors Diploma from the University of New England, is a Fellow of the Australian Institute of Company Directors and member of the WA Mining Club.
ASX / MEDIA RELEASE 17 DECEMBER 2008
REDBANK COPPER STRENGTHENS BOARD
Australian high grade copper developer Redbank Mines Limited (ASX: RBM) announced today a number of changes to its Board as the Company repositions itself to focus solely on the exploration and development of high grade copper sulphide targets at its Northern Territory copper project.
Gino Vitale, will step down as Managing Director on 31 December 2008 and current Non-Executive Director Bruce Morrin, a Mining Engineer with significant copper experience with Anglo American and Mt Isa Mines, will assume the position of Managing Director from 1 January 2009.
As announced on 28 November 2008 Dr James Searle has assumed the role of Chairman. He has 25 years experience in exploration and project development holding Bachelor and Doctoral degrees in Geology.
Bernie Siddall, a well known and experienced Metallurgical Consultant of some 20 years is to join the Board. His specialist skills have taken him to global mining centres focusing on a range of minerals including copper, gold, nickel and lead/zinc.
The Board has also appointed Michael Kiernan, who has a track record in management of resource based projects, as a Director and Shannon Caporn (LLB B.Com) of Grange Consulting Group as Company Secretary.
As part of Redbank's future focus it is planned to spin off the Mt Kasi Gold Project in Fiji into a dedicated gold vehicle headed by Gino Vitale. The Mt Kasi Special Prospecting Licence and Special Mining Lease expired on 31st December 2007 and are yet to be renewed. The Company has applied for a 5 year extension on the right to explore on the leases and is awaiting the outcome of an appeals process with the Fijian Government.
Redbank Mines Limited will also seek shareholder approval in due course to change its name to Redbank Copper Limited to fall in line with the Company's focus on copper exploration and development.
For further information please contact:
Bruce Morrin Warrick Hazeldine
Managing Director Purple Communications
Phone: +61 8 9322 6045 Phone: +61 8 9485 1254
Mobile: 0488 770 553 Mobile: 0417 944 616
About Redbank Mines
Redbank Mines is an Australian based ASX-listed resource company (ASX:RBM) focused on the exploration and development of high grade copper sulphide targets at its Northern Territory copper project.
The project is located in the Northern Territory McArthur Basin, some 40km from the Queensland border and 50km south of the Gulf of Carpentaria. The tenements comprise ERL94, MLN631 to MLN636 inclusive and MLN1108. The Company currently has 824km? of granted tenements with applications for a further 1919km? of tenements bring a total land holding of some 2700km?..
The tenement package included numerous advanced copper targets, and has an identified JORC resource of 5.3 million tonnes at a grade of 1.44% copper (75,000 tonnes of contained Cu metal).
Copper mineralisation at Redbank was discovered in 1916. Small scale-production between 1916 and 1957 yielded 1,200 imperial tons of high grade copper ore at a grade higher of some 30% Cu. Numerous companies investigated the area between the 1940s and early 1990s. A small open pit at the Sandy Flat deposit operated during the 1990s and processed 170,000t of sulfide ore grading 5.4% copper, as well as leaving oxide stockpiles of 54,000t grading 6.0% copper together with mining and processing infrastructure.
Additional information is available at www.redbankmines.com.au
The information contained in this report, insofar as it relates to the Company's exploration results at the Redbank Copper Project, is sourced from information compiled by Dr D James Searle, B.Sc, PhD, MAusIMM and Mr Craig Hall, B.Sc (Hons), MAusIMM, MAIG. Dr Searle is an Executive Director of Redbank Mines Limited. Mr Hall is a senior manager of the Company. Dr Searle and Mr Hall have sufficient expertise relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Mineral Resources and Reserves'. Dr Searle and Mr Hall have approved the inclusion of the statement in the form and context which it appears.
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