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Medusa Mining: Appointment of Non-Executive Director |
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Tuesday, 28 June 2011 10:40 |
The Directors of Medusa Mining Limited ("Medusa" or the "Company") (ASX & LSE: MML), are pleased to announce the appointment of Mr Ciceron “Jun” Angeles as a Non-Executive Director of the Board effective immediately.
Mr Angeles is a geologist with over 30 years of experience in gold and base metal exploration in Asia, mainly Philippines, Indonesia, China, Malaysia and Iran. His specialisations include epithermal gold-silver, porphyry copper-gold and Carlin styles of mineralisation.
Mr Angeles obtained his MAppSc in Mineral Exploration from the University of New South Wales, Australia in 1985 and is a Fellow and Chartered Professional in Geology (CPGeo) of the Australasian Institute of Mining Limited and Metallurgy (AusIMM). Jun was also the Asia Exploration Manager for Newcrest Mining during which time Newcrest brought the Gosowong Mine into production. Currently he is a Director of GGG Resources plc, a company listed on the ASX in Australia and AIM in London.
In addition to being Non-Executive Director, Jun will also serve as a member of the Audit and Remuneration Committees. Following his appointment as a Non-Executive Director, the Company now fully complies with the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations.
Geoffrey Davis, Chairman of Medusa, commented: “The Company is extremely fortunate to be able to attract a person of Jun’s calibre as a Non-Executive Director and we welcome him to the Board. The future of the Company lies in new mineral discoveries which can be converted into profitable mines and we are confident that Jun’s experience, both in the Philippines and internationally, will enhance our discovery and development opportunities.
Jun’s technical expertise, particularly in training geological teams, grass roots exploration and management, and his experience of being actively involved in the corporate governance of public companies will prove beneficial and will complement the skills of the current Board members. Medusa’s prospects are considerable and we look forward to Jun’s valuable contribution as the Company continues its growth.” |
