Anglo Aluminum Corp. (TSX VENTURE:ALU) is pleased to announce that Russell
Williams has joined its Board of Directors. Trained as a mechanical engineer at
the University of Manchester, Mr. Williams spent 30 years with Alcoa Inc., a
producer of primary aluminum, fabricated aluminum and alumina, working in a wide
range of roles from engineering to maintenance and human resources. In his final
three years with Alcoa, Mr. Williams was based in Pittsburgh and was President
of Boke Service, the managing company of Company Bauxite de Guinee (CBG), which
is the Alcoa JV in Guinea, and in that role was responsible for all activity at
the operations in Guinea. Prior thereto, Mr. Williams was involved in all
aspects of bauxite production for the company ranging from exploration through
to project development and operations. He managed the West Australian bauxite
mining operations, then had oversight of all of Alcoa's global mining activity
in Brasil, Jamaica and Suriname, and during this period was responsible for the
initial development of the Juruti bauxite mine in Brasil which was recently
commissioned. 


On behalf of the Board of Directors, Jim Gillis stated: "We are very pleased and
privileged to have Russell join our Board of Directors - his expertise and
experience will be invaluable as we move forward with our exploration and
development programs."


Further, the Board of Directors has granted options to Mr. Williams entitling
him to purchase 400,000 of its common shares at a per share price of $0.20 for a
period of five years. Shares issuable upon exercise of the options will be
subject to a hold period until August 29, 2010, in accordance with applicable
securities legislation.


Anglo Aluminum is focused upon the development of its Koba, Koumbia and
Mamou-Dalaba bauxite properties located in Guinea, West Africa, where a
preliminary economic assessment (PEA) is currently being organized for its
flagship projects at Koba and Koumbia. That study will investigate the economics
of mining operations at Koba and/or Koumbia. Koba hosts NI 43-101 compliant
Indicated resources of 343,183,000 tonnes averaging 42.78% Al2O3, 2.85% SiO2,
and 27.83% Fe2O3, and an additional 63,342,000 tonnes averaging 43.81% Al2O3,
2.74% SiO2, and 26.76% Fe2O3 classified as Inferred resources. Part of the PEA
will focus on defining a bauxite resource at Koumbia as well as updating the
resource estimate at Koba.


The technical content of this news release has been prepared under the
supervision of Christopher J. Wild, who is a Qualified Person under National
Instrument 43-101.


On behalf of the Board of Directors

Anglo Aluminum Corp.

This news release contains certain statements that may be deemed
"forward-looking" statements. Forward looking statements are statements that are
not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although we believe the
expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance
and actual results may differ materially from those in forward looking
statements. Forward looking statements are based on the beliefs, estimates and
opinions of our management on the date the statements are made. Anglo Aluminum
Corp. undertakes no obligation to update these forward-looking statements in the
event that management's beliefs, estimates or opinions, or other factors, should
change, except as required by law.


Anglo Aluminum Corp. (TSXV:ALU)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Anglo Aluminum Corp. Charts.
Anglo Aluminum Corp. (TSXV:ALU)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Anglo Aluminum Corp. Charts.