Noricum Gold Limited / EPIC: NMG / Sector: Natural Resources
11 April 2012
Noricum Gold Limited (Noricum Gold or the Company)
Board Restructuring
Noricum Gold Limited, the Austrian focussed gold exploration and development company, is pleased to announce that Roderick McIllree has been appointed to the Board as Non-Executive Director with immediate effect.
Additionally, in line with the Companys extensive exploration plans for the coming year, Jeremy Whybrow, previously Non-Executive Director, has been appointed as Exploration Director.
Mr.
McIllree graduated from Curtin University of Technology in 1996 with a Bachelor of Science degree (Mineral Exploration and Mining Geology) and commenced a career in the mining industry where he worked for major mining companies both domestically and internationally, gaining experience in all facets of mining.
In 2000, Mr.
McIllree moved into the finance sector and worked as a mining analyst and adviser for broking houses active in capital markets.
He has experience in international capital raisings having initiated several successful mining companies with assets in a variety of jurisdictions including Medusa Mining Limited, Anvil Mining Limited, and Kingsrose Mining Limited.
Roderick is currently the Managing Director of ASX listed Greenland Minerals and Energy Ltd, a company he founded in 2007.
Roderick has also served as a technical adviser to Noricum Gold for the last eighteen months.
Noricum Gold Managing Director Greg Kuenzel said, "Rods technical experience has been a huge asset to the Company to date, adding significant value to our 171 sq km gold and precious metal portfolio in Austria, and particularly at Rotglden where we have seen exciting bonanza gold and silver grades from work performed over the past 18 months.
I am delighted to welcome him to the Board as Non-Executive Director and I look forward to working further with him as we progress our flagship project to resource status.
"I would also like to welcome Jeremy to his new executive position with the Company.
We have a busy year ahead and will benefit hugely from his experience in the operational environment which includes significant exposure to exploration and mining operations, project evaluation and feasibility studies."
Please see the Appendix below for further disclosure with regard to Roderick McIllree in accordance with the AIM Rules for Companies.
**ENDS**
For further information please visit www.noricumgold.com or contact:
Greg Kuenzel
Noricum Gold Limited
Company
Tel: 020 3326 1726
Ewan Leggat
Fairfax I.S.
PLC
Nomad & Broker
Tel: 020 7598 5368
Laura Littley
Fairfax I.S.
PLC
Nomad & Broker
Tel: 020 7598 5368
Elisabeth Cowell
St Brides Media & Finance Ltd
PR
Tel: 020 7236 1177
Hugo de Salis
St Brides Media & Finance Ltd
PR
Tel: 020 7236 1177
APPENDIX
Further disclosures regarding Roderick McIllree as required by the AIM Rules for Companies.
Full name: Roderick Claude McIllree (B.Sc.
(Geology), Grad Dip.
(Mineral Economics) MAusIMM)
Age: 38
The current directorships held by Roderick McIllree are as follows:
Greenland Minerals and Energy Limited
Upper Mantle Investments Limited
Golden Eagle Mining Limited
Past directorships held by Roderick McIllree in the last five years are as follows:
Convergent Minerals Limited
Elemental Minerals Limited
Montague Resources Australia Pty Ltd
Notes to Editors
Noricum Gold Limited is an AIM listed gold and precious metal exploration and development company focussed on south-central Austria, an historic gold producing region.
Its portfolio spans five areas across 165 sq km of highly prospective land with work currently focussed on the 51 sq km Rotglden gold and precious metals project, which consists of 15 underground mines including the previously operating gold/copper/silver Rotglden mine.
The Company is actively conducting exploration programmes to advance these licences through the resource development cycle.
Bonanza high grade gold, silver and copper results to date underpin the expanding and exciting potential of the projects and regional continuations.
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