Perpetual Resources appoints two new directors
Friday, October 4 2013 - 03:21 AM WIB
ASX-listed firm Perpetual Resources Limited (PEC) announced Friday the appointment of Mark Caruso and Ross Hastings to the board with immediate effect.
The company said in a statement Ashley Kelly has stepped down from the board. ?This is an important milestone as it provides Perpetual with experience in r?alising the potential in the PT Atoz site and the Wiagdon Thrust Gold Project,? PEC said.
Mark Caruso is a director of Simto Pty Ltd which is involved in mining, earthmoving and civil engineering construction earthworks. Mark has been a director of ASX listed Mineral Commodities Limited since September 2000 and is currently Executive Chairman responsible for the delivery of Mineral Commodities Limited?s Tormin Mineral Sands Project in South Africa
Caruso was previously Executive Chairman of Allied Gold Mining PLC, a gold producing company which was previously listed on the main market of the London Stock Exchange, the Toronto Stock Exchange and the Australian Stock Exchange.
Caruso was responsible for the delivery of Allied?s Simberi Gold Project in Papua New Guinea and its Gold Ridge Project in the Solomon Islands. Caruso resigned as Executive Chairman of Allied on its successful merger with St Barbara Limited in September 2012.
Ross Hastings is a geologist with over 20 years international experience working in the minerals industry with a majority of that time working in Papua New Guinea at Ok Tedi copper mine in the roles of Geotechnical Superintendent and Manager of Mining, and at Misima gold mine as Chief Geologist.
Since 1996, Hastings has been involved with Allied Gold PLC?s Simberi Gold Project where his roles included management of exploration and the feasibility arid pre-development studies for mine construction.
Hastings then progressed to General Manager Resource Development and is currently concluding his tenure at St Barbara subsequent to the merger between it and Allied Gold Mining PLC.
The Atoz Project covers 192.08 hectares and is located 60 kilometres south of Padang in the central west of West Sumatra.
Editing by Reiner Simanjuntak