Kalimantan Gold Board changes
Wednesday, April 16 2014 - 07:18 AM WIB
Vancouver-based firm Kalimantan Gold Corporation Limited (KLG) announced on Wednesday that it has appointed Stephen Hughes as an independent non-executive director of the company, to be effective April 15, 2014.
Stephen Gregory Hughes (aged 43), is a geologist with over 20 years technical and management experience in copper-gold exploration and open pit and underground mine geology.
He is recognized in Indonesia as a leading expert on copper-gold systems, and has evaluated more than 30 copper-gold deposits across Indonesia and the Philippines. His experience includes 12 years with Freeport-McMoRan Copper & Gold, managing their regional exploration activities and underground mine geology group, and he was also involved in the Grasberg open pit mine geology operations. He joined Oxiana Limited / OZ Minerals as Exploration Manager in 2007, focused on growing the company through exploration and acquisition of advanced copper-gold opportunities in Indonesia. Stephen is currently based in Jakarta Indonesia, as a key member of the Tigers Realm Group's copper-gold management team, where he is responsible for identifying, acquiring and developing high quality mineral resource and energy assets. Mr Hughes is currently a director of PT Emas Mineral Murni, a private Indonesian mining and exploration company. He has not held any other directorships or partnership positions in the last 5 years.
"Steve's significant credibility as an expert in the geological environment of the Company will make him an invaluable member of the board of directors at this critical time in the company's development" commented Faldi Ismail, CEO of KLG.
Hughes owns 188,000 shares of KLG.
The company also announced that Peter Bojtos leaves the board effective April 15, 2014, having resigned as an independent non-executive director of KLG.
Editing by Johannes Simbolon