Mariana Resources Appoints Dr Eric Roth as Non-Executive Director
October 09 2012 - 8:00AM
Marketwired
Mariana Resources Ltd (TSX:MRY)(AIM:MARL) ('Mariana' or 'the
Company'), the AIM and TSX quoted exploration and development
company focused on South America, announces the appointment of Dr.
Eric Roth as Non-executive Director to the Board, effective from 8
October 2012. Dr Roth, aged 46, currently resides in Santiago
Chile.
Dr. Roth was most-recently President & CEO and then Director
of Extorre Gold Mines Ltd ("Extorre") until Extorre was acquired by
Yamana Gold Inc in June 2012. Prior to Extorre, Eric was engaged as
a consultant on South American gold projects for Exeter Resource
Corp. and Kinross Gold Corp. From January 2002 to March 2008 Dr
Roth was employed by AngloGold Ashanti Ltd, initially as the
Lima-based Peru Project and South American Opportunities Manager
and subsequently as the Johannesburg-based Global Head of
Greenfields Exploration.
Eric has a PhD in Economic Geology from the University of
Western Australia and is a Fellow of the AusIMM. He is also
principal of consulting firm ER Global Consulting SpA.
Dr Roth is considered an independent director and is also a
member of the Mariana Board's Audit Committee.
Mariana's Chairman John Horsburgh said, "We are delighted that
Eric has agreed to join Mariana as a Non-Executive Director.
Mariana hopes to benefit from his extensive South American
experience in advanced exploration and project development as well
as his capital market and management experience as CEO of Extorre.
We believe he will be a great asset to the Company"
There are no other matters which are required to be announced
with regard to this appointment under paragraph (g) of Schedule 2
of the AIM Rules.
About Mariana Resources
Mariana Resources Ltd is an AIM and TSX quoted exploration and
development company with an extensive portfolio of gold, silver and
copper projects in South America. In southern Argentina, the
Company's core gold-silver projects are Las Calandrias (100%),
Sierra Blanca (100%), Los Amigos JV (49%) and Aguila-Picadero
(100%). These projects are part of a 200,000+ Ha land package in
the Deseado Massif epithermal gold-silver district in
mining-friendly Santa Cruz Province. In Chile, Mariana has a joint
venture with US based international mining and natural resources
company Cliffs Natural Resources Inc., to explore for iron
oxide-copper-gold deposits in a 92,000 km2 area in north-central
Chile along the highly prospective Atacama Fault Zone.
On 19 December 2011, Mariana announced that AngloGold had
completed a strategic placement whereby AngloGold was issued
45,000,000 shares in Mariana at a price of 12 pence per share.
AngloGold has the right to maintain its equity of 19.9% in Mariana
in further issues by Mariana.
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TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS
RELEASE
Contacts: In Australia: Mariana Resources Ltd John Horsburgh
Chairman +61 2 94374588 Mariana Resources Ltd Glen Parsons CFO +612
94374588 RFC Ambrian Limited (Nomad) Rob Adamson +61 2 9250 0041
RFC Ambrian Limited (Nomad) Will Souter +61 2 9250 0050 In U.K.:
Fox Davies Capital (Co UK Broker) Jonathan Evans +44 20 3463 5000
St Brides Media and Finance Ltd (PR) Felicity Edwards +44 20 7236
1177 RFC Ambrian Limited (Co UK Broker) Klara Kaczmarek +44 20 7634
4725 In Canada: Mariana Resources Ltd (Vancouver Office) Kathryn
Witter +1 604 669 9336 www.marianaresources.com