Directorate Change (0360U)
December 15 2011 - 2:30AM
UK Regulatory
TIDMNGL
RNS Number : 0360U
Norseman Gold PLC
15 December 2011
Norseman Gold Plc. / Epic: NGL / Index: AIM / Sector: Mining
& Exploration
15 December 2011
NORSEMAN GOLD PLC
('Norseman Gold' or 'the Company')
Director Resignation
Norseman Gold announces that Mr. Peter Bilbe has resigned as a
director of the Company effective from 13 December 2011, due to
personal circumstances.
The Board extends its thanks to Mr. Bilbe for his contribution
to the Company since he joined the Board in July 2009.
Kelvin A May
Company Secretary
* * ENDS * *
For further information visit www.norsemangoldplc.com or
contact:
Barry Cahill Norseman Gold Plc Tel: +61 (0) 8 9473 2200
Guy Wilkes Ocean Equities Ltd Tel: 020 7786 4370
William Vandyk Northland Capital Partners Ltd Tel: 020 7796 8822
Rod Venables Northland Capital Partners Ltd Tel: 020 7796 8822
Susie Geliher St Brides Media & Finance Ltd Tel: 020 7236 1177
Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7236 1177
E-mail investors@ngold.com.au
Note to editors:
Norseman Gold plc is an AIM listed and ASX listed Australian
gold production company, which acquired the Norseman Gold Project
in May 2007, Australia's longest continually running gold
operation. The Norseman Gold Project is located in the Eastern
Goldfields of Western Australia in the highly prospective
Norseman-Wiluna greenstone belt, 725km east of Perth and 186km from
Kalgoorlie.
Gold was first found on the Norseman field in 1894 and over the
last 65 years, it has produced over 5.5 million ounces of gold. The
mine is currently producing from three high-grade narrow-vein
underground mines - the Bullen, the Harlequin and the OK Declines
and developing the North Royal Open Pit. Currently, it has a total
resource inventory of 3.4 million ounces of gold at an average
grade of 4.7 g/t.
The tenements cover a 2,360 sq km area centred on the Norseman
Township. The landholding comprises 221 tenements consisting of 85
Exploration Licences, 108 Mining Licences, 3 Prospecting Licences,
15 Miscellaneous Licences, 5 Exploration Licence Applications, 3
Prospecting Licence Applications and 1 Mining Lease
Application.
The Company's strategy is focused on extending the mine life
through the conversion of resources into reserves and identifying
additional resources and obtaining additional ore for the operating
mill through the development of additional mines. The Company has
fifteen advanced resource projects under review of which three have
pre-development work being undertaken on them. It is anticipated
that at least one, if not all the pre-development projects will
develop into mining propositions.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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