![](../style/all/img/drapeau/grand/Canada.gif) | | Publié le 20 mars 2007 | Changes To Board Of Directors |
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News Release - Tuesday, March 20, 2007
Changes To Board Of Directors
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News Release No: 2007/07
Mano River Resources Inc. ("Mano" or "the Company"), the
TSX-V and AIM
listed exploration and development company focussed on West Africa, is
pleased to announce the appointment of Luis da Silva as an Executive
Director with immediate effect.
At the same time, the Board of Mano would like to express its sincere
thanks to Jonathan Challis for his contribution as a Non-Executive
Director since July 17th 2003. Mr Challis has at this point decided to
step down in order to focus on development of the uranium and base
metal properties in Peru held by the successful Canadian exploration
company, SOLEX Resources Corp. (TSX-V SOX), where Jonathan is President
and CEO.
Mr da Silva (36) is presently Mano's Chief Financial Officer, having
joined Mano on the 1st February 2007. A Mining Engineering graduate of
the Camborne School of Mines (1993) and the holder of an MBA from the
Cranfield School of Management (2003), Luis served in various
operational and technical roles before turning to a more corporate
environment since 1999, firstly with Blue Circle Industries PLC as
Executive Assistant to the CEO, followed by the position of Investor
Relations Manager. More recently, Luis spent three and a half years as
a director in Lafarge SA in its Group Internal Audit department based
in Paris and in Malaysia. Luis is also a director of AiRENA Ltd.
In connection with the appointment, Luis da Silva has been granted
600,000 stock options exercisable at $CDN 0.23 cents per share, valid
until 16th March 2012.
Commenting on the appointment, Dr Tom Elder, President and CEO of Mano,
said: "This appointment reflects the fact that Mano is now at an
important expansionary stage in its development, with a positive
Feasibility Study completed on what it is hoped will become Liberia's
first gold mine and rapid progress also being made in our diamond and
iron ore interests. Luis brings skills and experience to Mano which
will be put to good use in furthering the promotion and development of
the Company."
There are no further details required to be disclosed under Schedule
2(g) of the Aim Rules.
For further information on Mano River Resources and its exploration
programme, you are invited to visit the Company's website at
www.manoriver.com or contact one of the following:
Tom Elder, President and CEO
Mano River Resources Inc.
+44 (0) 1235 810 740
Justine Howarth / Clare Irvine
Parkgreen Communications
+44 (0) 207 851 7480
Liz Kennedy
Bell Lawrie
+44 (0) 141 221 7733
Raz Hussein
Controller, Canada
+1 (604) 689 1700
About Mano River Resources Inc ("MRRI")
MRRI is a well established exploration and development company focused
on the Archaean terrain of the highly prospective, under-explored, West
African 'Mano River Union' countries of Sierra Leone, Liberia, and
Guinea. MRRI operates three distinct divisions, which hold over
18,500km2 under licence, summarised as follows:
Mano Gold Ltd, 100% owned by MRRI:
.. Has completed a positive bankable feasibility on the 90% owned 1.4Moz
gold resource (13.533 million tonnes of measured and indicated
resources grading 3.18 g/t, inclusive of reserves) at New Liberty Gold
Project in Liberia (see release of 10th January 2007 on
www.manoriver.com), where open pit gold production of at least 84,000
oz pa (from a reserve comprising 4.39Mt grading 3.8g/t proven and
0.17Mt grading 4.0g/t probable) is planned to commence in 2008, subject
to financing and permitting.
.. Holds a pipeline of highly attractive drilled prospects within its
1,000km2 Bea Mountain Licence in Liberia including Weaju (233,000 oz
inferred resource of 663,000 tonnes grading 10.9g/t) and Gondoja.
.. Has a Joint Venture with Golden Star, who are earning an initial 51%
interest in a portfolio of highly prospective greenstone gold licences
in Sierra Leone.
.. Has a Joint Venture with Navasota Resources, who are earning up to a
60% interest in the Missamana gold project in Guinea.
Mano Diamonds Ltd, 100% owned by MRRI:
.. Is funding a 49% interest in a Joint Venture with Petra Diamonds on
the Lion Kimberlite Dyke project in the Kono diamond fields of Sierra
Leone, with underground diamond production planned to commence in late
2007. A processing plant is already built and exploration shaft sinking
is ongoing.
.. Has a joint Venture with Trans Hex Group who are earning an initial
50% interest in the Weasua cluster of diamondiferous kimberlite pipes
in Liberia, where bulk sampling to determine diamond grades and value
is currently underway.
.. Has a 50:50 joint venture with Searchgold Resources on the Mandala /
Bouro alluvial and kimberlite dyke project in Guinea.
.. Holds a 15,000km2 licence in west Liberia with diamond bearing
kimberlites and numerous high interest mineral indicator anomalies.
.. Has a joint venture with BHP Billiton who are earning an initial 51%
interest in the south eastern Sierra Leone tenements. The joint venture
has located diamond-bearing extensions to the high grade Tongo dyke
field.
.. Is earning a 78% interest in the North Bea exploration project from
African Aura in Liberia.
African Iron Ore Group Ltd, 80% owned by MRRI:
.. Holds an 100% interest in the 12km long Putu Range Iron Ore project
where historic reports from Mt Jide indicate a potential of 500 million
tonnes (not yet in compliance with the NI 43-101 code), and excluding
any potential resources on other ridges. (The potential quantity is
conceptual in nature and the grade is unknown. Furthermore, it is
uncertain if further exploration will result in the discovery of a
mineral resource).
.. Holds a 3.68% minority interest in Mifergui Nimba, holder of a 5%
interest (which is free carried for the first $100M invested) in the
BHPBilliton-managed one billion tonne Nimba iron ore deposit in Guinea,
which straddles the Liberian border where it is being redeveloped by
Mittal Steel.
The TSX Venture Exchange has not reviewed and does not take
responsibility for the adequacy or accuracy of this release
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Copyright (c) 2007 MANO RIVER RESOURCES INC. (MANA) All rights
reserved. For more information visit our website at
http://www.manoriver.com/ or send mailto:releases@manoriver.com
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Mano River Resources Inc
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EN DÉVELOPPEMENT |
CODE : MNO.V |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Mano River est une société d’exploration minière d'or et de fer basée au Canada. Mano River est en développement de projets d'or, de fer et de diamants en Sierra Leone, et détient divers projets d'exploration au Cameroun, en Liberia et en Sierra Leone. Son principal projet en développement est KONO en Sierra Leone et ses principaux projets en exploration sont NTEM, TCHOLLIRE / REY BOUBA et DJOUM / AKONOLINGA au Cameroun et MANO RIVER, YRISEN - PAMPANA NORTH, SONFON NORTH / SOUTH, NIMINI et SE SIERRA LEONE REPL en Sierra Leone. Mano River est cotée au Canada, au Royaume-Uni, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 146,6 millions CA$ (117,2 millions US$, 107,5 millions €). La valeur de son action a atteint son plus bas niveau récent le 28 novembre 2008 à 0,01 CA$, et son plus haut niveau récent le 16 décembre 2016 à 1,54 CA$. Mano River possède 151 090 000 actions en circulation. |
Financements de Mano River Resources Inc |
Attributions d'options de Mano River Resources Inc |
Nominations de Mano River Resources Inc |
Projets de Mano River Resources Inc |
Communiqués de Presse de Mano River Resources Inc |
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