Georgian Mining Corporation Appointment of Technical Services Manager (6584M)
May 01 2018 - 2:00AM
UK Regulatory
TIDMGEO
RNS Number : 6584M
Georgian Mining Corporation
01 May 2018
1 May 2018
Georgian Mining Corporation / EPIC: GEO / Sector: Natural
Resources
Georgian Mining Corporation ('GEO' or the 'Company')
Appointment of Technical Services Manager
Georgian Mining Corporation is pleased to announce that it has
appointed Simon Cleghorn as Technical Services Manager. Mr
Cleghorn, a highly experienced geologist, will be working with the
Company's 50% owned subsidiary, Georgian Copper & Gold JSC
('GCG'), as it proceeds with the development of the Kvemo Bolnisi
gold-copper project ('KB' or the 'KB Project'), and undertakes
further regional exploration at the 860 sq km licence ('the
Licence') located on the prolific Tethyan Belt in Georgia.
Mr Cleghorn is a geologist with 28 years' experience in mining
geology and project development with an emphasis on resource and
reserve estimation in primarily gold and base metals mines. For the
past 5 years Mr Cleghorn served as Resource Manager and then
Technical Services Manager for KEFI Minerals Plc. This role
included management and supervision of technical programmes in
preparation for project execution and mining. In 2006, Mr Cleghorn
was appointed Exploration Manager for JSC Madneuli, owner of the
Madneuli Copper/Gold Mine in Georgia. Following the acquisition of
Madneuli by GeoProMining Limited in 2008, he was appointed Chief
Geologist, responsible for all geological aspects of the project
including exploration and resource and reserve activities related
to the mining operations as well as exploration programmes in
Armenia and Northern Russia. Madneuli was subsequently acquired in
2011 by RMG Copper & Gold, owned by GEO's partner in the GCG
joint venture.
Mr Cleghorn has held senior roles on projects in Armenia,
Georgia, Russia, South-East Asia, Europe, South America and
Australia. During his career, he has been responsible for
production geology management; due diligence project review;
management of mining studies and project upgrades; as well as
resource and reserve work for feasibility and scoping studies for
project finance and development. He is a Member of the Australasian
Institute of Mining and Metallurgy and frequently serves as a
Competent Person under JORC guidelines. Mr Cleghorn holds a
Bachelor of Engineering in Mineral Exploration & Mining Geology
(Honours) from the Western Australia School of Mines in
Kalgoorlie.
Georgian Mining Corp CEO, Mike Struthers, said: "We're very
pleased to have Simon join our team in Georgia. Simon's experience
spans the wide range of activities we are undertaking across our
50% owned 860 sq km licence in the prolific Tethyan Belt, ranging
from grassroots exploration, target definition and testing, through
to technical and feasibility studies on our more advanced projects.
Simon's detailed knowledge of the region will enhance our potential
for developing other opportunities, and his close relationships
with our partners' technical and operations staff will further
strengthen the JV relationships, building on the excellent progress
in recent months."
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
**ENDS**
For further information please visit www.georgianmining.com or
contact:
Mike Struthers Georgian Mining Corporation Company Tel: 020 7907
9327
Ewan Leggat S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Soltan Tagiev S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Damon Heath Shard Capital Partners Joint Broker Tel: 0207 186
LLP 9950
Frank Buhagiar St Brides Partners Ltd PR Tel: 020 7236
1177
Susie Geliher St Brides Partners Ltd PR Tel: 020 7236
1177
About Georgian Mining Corporation
Georgian Mining Corporation has 50% ownership and operational
control of the Bolnisi Copper and Gold Project in Georgia, situated
on the prolific Tethyan Belt, a well-known geological region and
host to many high-grade copper-gold deposits and producing mines.
The Bolnisi licence covers an area of over 860 sq km and has a
30-year mining licence with a variety of targets and projects
ranging from greenfield exploration / target definition phase
through intermediate target-testing phases to more advanced
projects including Kvemo Bolnisi East which will advance to
Feasibility Study in 2018. These projects are proximal to a number
of advanced projects and existing mining operations owned by the
Company's joint venture partner, and their sister production
company. Georgia has an established mining code and is a
jurisdiction open to direct foreign investment.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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