RNS Number:4267S
Ormonde Mining PLC
16 April 2008
16 April 2008
Ormonde Mining plc
Steve Nicol Joins Ormonde Board as Chief Operating Officer
DUBLIN & LONDON: 16 April 2008 - Ormonde Mining plc ("Ormonde" or the "Company")
is pleased to announce the appointment of Mr. Stephen ("Steve") John Nicol to
Ormonde's Board as Chief Operating Officer with immediate effect.
Mr. Nicol is a Mining Engineer with over 20 years experience in the mining
industry, initially in operations and subsequently in mine evaluation and
development projects. He has held production supervisory roles in various
underground and open pit mines in Australia and Europe, culminating in a two
year period as Managing Director of Sardinia Gold Mines SpA in Italy. More
recently, Mr. Nicol has been operating as an independent consultant working on
gold and base metal mine evaluation and development projects in Romania, Greece,
Italy, Guinea, Kazakhstan, Canada and the Congo.
Mr. Nicol has an intimate knowledge of Ormonde's mining projects, having managed
the La Zarza Feasibility Study on behalf of Ormonde and more recently also taken
on the responsibilities of Project Manager for the evaluation and development of
the Company's Barruecopardo Tungsten Project.
Ormonde's Chairman, Mike Donoghue commented,
"We are very pleased to welcome Steve to the Board. His considerable
operational and development background will add further depth to the technical
experience already present at Board level. He will continue his project
management role for La Zarza and will now also take on the responsibility for
fast-tracking the evaluation and development of the Barruecopardo Tungsten
Project."
Save as set out below there are no items requiring disclosure in accordance with
Schedule 2 (g) iii-viii of the AIM Rules and the IEX Rules for Mr. Nicol.
Mr. Nicol, aged 44, has held the following directorships or partnerships in the
past five years:
Current Previous
Suziru Ltd Sardinia Gold Mining SpA
Mr. Nicol was a director of Tanex Resources PLC (incorporated in England and
Wales, company number 04297592) for a portion of the 12 months prior to this
company being placed into a Company Voluntary Arrangement in November 2003. Mr.
Nicol resigned as director in March 2003.
At the time of appointment to the Board, Mr. Nicol holds 1 million share options
in the Company exercisable at a price of Euro0.109 at any time up to 14 April 2018.
Enquiries to:
Ormonde Mining plc
Kerr Anderson, Managing Director,
Fraser Gardiner, Director
Tel: +353 (0)46 9073623
Bankside Consultants
Simon Rothschild / Louise Mason Tel: +44 (0)20 7367 8888 Mob: +44 (0)7703
167065
Davy (Nomad / IEX Adviser)
Fergal Meegan Tel: +353 (0)1 6796363
Brewin Dolphin (UK Adviser)
Gordon Culfeather Tel: +44 (0) 141 314 8121
ENDS
About Ormonde
Ormonde Mining plc is quoted on the AIM in London and the IEX in Dublin.
Ormonde is a mineral development and exploration company focused on Spain, with
the objective of developing mining projects and taking them into production.
For more information please visit www.ormondemining.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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