🕐18.02.11 - 05:27 Uhr
Azimuth Resources - Chairman Appointment/Resignation
ASX / Media Release
18 February 2011
RESIGNATION AND APPOINTMENT OF CHAIRMAN
The Directors of Azimuth Resources Limited (Azimuth or the Company) are
pleased to announce the appointment of Mr Michael Hunt to the position of
Non-Executive Chairman.
Michael Hunt is a highly experienced and well known Perth based lawyer.
He
is founder of Hunt & Humphry, a specialist project law firm practising in
all aspects of resource development.
He was the founding Chairman of Red Back Mining NL (formerly ASX listed)
and then a non- executive Director of Red Back Mining Inc (listed on the
Toronto Stock Exchange).
In these roles over a period of 13 years he
assisted in taking that company from junior Australian explorer to a
listing on the TSX, subsequent gold production at Chirano in Ghana and
Tasiast in Mauritania and a $7 billion merger with Kinross Gold
Corporation.
Michael has worked in mining and petroleum law in Perth for over 40 years.
He has extensive experience consulting for the mineral exploration, mining
and petroleum industries to both government and non-government clients,
nationally and internationally.
In 1983 he conducted an inquiry into Western Australias mining laws and in
1987 he reviewed Papua New Guineas mining laws.
His comprehensive
recommendations were incorporated into the mining legislation of both
jurisdictions.
He has been recognised nationally and internationally as a
leading mining lawyer, regularly named as such in legal market surveys.
Michael has advised on proposed resource developments overseas in many
countries including Ghana, Tanzania, South Africa, Mauritania, Zambia,
Namibia, Eritrea, Indonesia, Philippines, Papua New Guinea, Solomon
Islands, Malaysia, China, Thailand, Falkland Islands and Vietnam.
Michael Hunt has maintained a role in the mining corporate world by
participating over 30 years as a director of ASX listed junior exploration
and mining companies.
As well as his involvement with Red Back Mining, he
has been Chairman of Geographe Resources Ltd when it participated in the
successful Chalice Gold Mine, Chairman of Comdek Ltd (subsequently Resource
Generation Ltd) an ASX listed company with significant coal resources in
South Africa and is currently Chairman of ASX listed A1 Minerals Ltd which
operates a small gold mine near Laverton in Western Australia.
Michael replaces Bruce Larson as Non Executive Chairman.
Mr Larson has been
the Chairman of the Company since 2006 and has overseen the acquisition of
its gold projects in Guyana, and its development into a $50m market
capitalisation company.
Mr Larson has resigned due to the change in the
Companys focus to gold from uranium exploration which is Mr Larsons area
of expertise.
The Board would like to extend its sincerest thanks to Mr Larson for his
contributions over the last four and a half years.
For further information please contact:
Mr Josh Ward
Company Secretary
Azimuth Resources Ltd
Tel: (08) 9482 0540
Em:
Mr James Harris
Professional Public Relations
Tel: (08) 9388 0944
Em:
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