24b02574-f8be-483c-aa5c-8423cd9cbd3d.pdf
ASX Announcement
23 March 2016
BOARD CHANGES
Genesis Minerals Limited (ASX: GMD) ('Genesis' or the 'Company') is pleased to announce the appointment of experienced Australian mining executive, Mr Darren Gordon, to its board as a non-executive Director.
Mr Gordon has more than 20 years' experience in the Australian and international resource sector, having held senior financial, corporate and executive roles with a number of ASX-listed exploration and mining companies. During his career he has been involved in the acquisition, financing, development and operation of both iron ore and gold projects in Australia and Brazil.
Mr Gordon is currently Managing Director of Centaurus Metals (ASX: CTM), a position he has held since 2009. In this role he has led the evaluation of a portfolio of iron ore projects in south-eastern Brazil including the completion of Feasibility Studies and approval work to supply a suite of high grade products into the domestic market. In response to the sharp fall in iron ore prices last year, Mr Gordon implemented a successful diversification strategy for Centaurus outside of the iron ore sector.
Before joining Centaurus, Mr Gordon was the Chief Financial Officer at Gindalbie Metals (ASX: GBG) for nine years. During the first half of his tenure, he was part of the team that successfully acquired, funded and developed the 50,000oz-a-year Minjar Gold Project in WA which operated successfully up until 2004 when economic reserves were depleted.
Genesis' Chairman, Mr Richard Hill, welcomed Mr Gordon's appointment to the Board, saying his relevant experience and extensive network would be invaluable to the Company as it advanced the Ulysses Gold Project in WA towards production.
"Darren brings a wealth of experience in exploring, funding and developing resource projects and we look forward to his contribution as we progress development of the Ulysses Project and begin to expand our business through the successful exploration of our other gold projects and new project opportunities."
Mr Damian Delaney has resigned from the board due to personal reasons. Mr Hill said, "I would also like to take this opportunity to thank Damian for his significant and dedicated contribution to the Company over the last 4 years and we wish him well for the future."
For further information visit: www.genesisminerals.com.au or please contact
Richard Hill or Michael Fowler Genesis Minerals Limited
T: +61 8 9322 6178
ABN: 72 124 772 041
Unit 6, 1 Clive St
West Perth, WA, Australia, 6005
ASX Code: GMD
www.genesisminerals.com.au T: +61 8 9322 6178