Monday, 1 March 2010

Solomon Gold appoints COO for Solomon Islands and Queensland operations

Solomon Gold PLC (AIM: SOLG) said it has appointed Alex Thin as chief operating officer, with operational responsibility over the company's projects in the Solomon Islands and Queensland, Australia.

This newly created position has become necessary due to the Solomon's expanding exploration and project development activities, together with the opportunity for the rapid definition of gold resources across its projects. 

Thin holds a Bachelors Degree in Engineering from the Camborne School of Mines in the UK, together with Mine Manager's and Mine Overseer's Certificates of Competency gained from work experience in South Africa.  His previous experience encompasses roles in Australia and South Africa for Southern Uranium Ltd, Emperor Mines Ltd, DRD Australia Ltd, Durban Roodepoort Deep Ltd and SRK Consulting, including roles as a senior mining engineer, business development manager, manager of growth projects, and long-term planning engineer.

To date, Solomon Gold and its subsidiary Australian Resource Management (ARM) Pty Ltd have expended approximately A$20 millio on the search for a giant gold copper porphyry system on the island of Guadalcanal in Solomon Islands.

The company currently holds tenement interests over 612 square kilometres covering highly prospective terrain on the southwest Pacific rim of fire, a region known for very large copper gold porphyry and epithermal gold deposits, such as Lihir, Bougainville and Ok Tedi in Papua New Guinea and Batu Hijau and Grasberg in Indonesia.

Only last week, Solomon announced it received high-grade samples of  up to 169 grams per tonne (gpt) of gold  from reconnaissance work and systematic stream sampling at the wholly-owned Fauro Island project in Papua New Guinea.

http://www.proactiveinvestors.co.uk/companies/news/13867/solomon-gold-appoints-coo-for-solomon-islands-and-queensland-operations-13867.html

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