Strategic Minerals PLC Appointment of additional UK Director (0761E)
07 February 2018 - 6:00PM
UK Regulatory
TIDMSML
RNS Number : 0761E
Strategic Minerals PLC
07 February 2018
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
7 February 2018
Strategic Minerals plc
("Strategic Minerals", "SML" or the "Company")
Appointment of additional UK Director
Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified
mineral development and production company, is pleased to announce
the appointment of Mr Jeffrey Harrison as Non-Executive Director.
Mr Harrison's appointment will support the execution of Strategic
Minerals' strategy, particularly the planned development of the
Redmoor tin/tungsten project in Cornwall into production.
Mr Harrison has over 40 years' mining experience, primarily in
Australia and the United Kingdom, and spent six years with Wolf
Minerals (UK) Ltd helping to negotiate, liaise and commence its
operations, before retiring as its operations manager. For the last
year Mr Harrison has been a consultant to Cornwall Resources
Limited, the joint venture to which the Company owns 50%, and has
successfully guided the community interface during the drilling
programme, as well as adding strategic input into project
considerations.
Mr Harrison has both a joint Honours Degree in Mining/Geology as
well as an MSc in Engineering Rock Mechanics from the Royal School
of Mines, London. He has been both a Fellow of the Australian
Institute of Mining, Minerals (Chartered Engineer) for over 10
years and the Institute of Quarrying (UK) and a member of the
Institute of Directors.
Mr Harrison's appointment will not preclude him from undertaking
further consulting work to Cornwall Resources Limited.
Strategic Mineral's Chairman, Alan Broome, said:
"The Board is delighted to welcome Jeff to the team. His skills
blend well with those of the existing Board members and over the
past year he has impressed us with his mining skills and his calm,
objective view on geological issues associated with our Redmoor
project.
"We are confident that Jeff's appointment is a positive step
towards bringing Redmoor through to operations, where his Wolf
Minerals experience will prove invaluable. Further, we are
confident that he will also make a considerable contribution to the
re-commissioning of the Leigh Creek Copper Mine once we complete
the transaction."
Regulatory disclosures
Mr Jeffrey Mark Harrison, aged 61, is or has been a director of
the following companies over the past five years:
Current directorships Past directorships (>5 years)
* None * Wolf Minerals (UK) Ltd.
Mr Harrison does not currently own ordinary shares in the
Company.
There are no other matters to be disclosed in relation to
Schedule 2, paragraph (g) of the AIM Rules.
For further information, please contact:
+61 (0) 414
Strategic Minerals plc 727 965
John Peters
Managing Director
www.strategicminerals.net
Follow Strategic Minerals on:
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Twitter: @SML_Minerals
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Financial PR
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Notes to Editors
Strategic Minerals Plc is an AIM-quoted, diversified mineral
development and production company with projects in the United
States of America, the UK and Australia. The Company is focused on
acquiring and developing cash generative, high quality projects
which meet local market demand for commodities and utilising this
cash flow to undertake value added exploration.
In September 2011, Strategic Minerals purchased its first
cash-generating asset; the Cobre magnetite tailings dam project in
New Mexico, USA which it brought commenced sales in 2012. This
project continues to provide a revenue stream for the Company. The
portfolio was expanded in January 2016 with the acquisition of
shares in Central Australian Rare Earths Pty Ltd, which holds
tenements in Western Australia that are prospective for cobalt,
gold, nickel sulphides and rare earth elements. The Company has
since acquired all shares in Central Australian Rare Earths Pty
Ltd. In May 2016, an additional exploration asset was acquired when
the Company entered into an agreement with New Age Exploration
Limited to acquire up to 50% of the Redmoor Tin/Tungsten project in
Cornwall, UK. This 50% acquisition was completed in February 2017
and the first drilling programme at the project has been completed.
The Company has also exchanged contracts for the acquisition of the
Leigh Creek Copper Mine, situated in the copper rich belt of South
Australia, which is subject to Conditions Precedent.
This information is provided by RNS
The company news service from the London Stock Exchange
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