Legacy Iron Ore (ASX: LCY) has appointed John Hebenton as an executive director with immediate effect, prior to taking up his responsibilities as managing director on or before the 10th October 2011.
More recently, Hebenton was managing director of Nimrodel Resources (ASX: NMR), where he was responsible for the management and development of uranium, precious metals, base metals and silicon exploration projects in Kyrgyzstan and Australia.
Hebenton’s appointment follows the announcement in August 2011 of the decision by current CEO, Ms Sharon Heng, to relinquish her position to focus more of her time on the acquisition of new projects as executive director – corporate projects and financing.
Legacy Iron latest news
Just last week Legacy Iron announced that the company had intersected a 100 metre thick magnetite unit at Mt Bevan, which is a joint venture project with Hawthorn Resources (ASX: HAW).
The company is also making solid progress with the second phase of a 6000 metre reverse circulation drilling program, which to date has extended the main thick magnetite unit over a two kilometre strike.
So far seven holes have been drilled for 1596 metres.
This represents a 50% addition to the strike length of the zone that comprises the maiden JORC Inferred Resource of 617 million tonnes at 32.1% iron.
Originally published at: http://www.proactiveinvestors.com.au/companies/news/19508/legacy-iron-ore-appoints-john-hebenton-as-managing-director-19508.html
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