🕐21.04.10 - 03:52 Uhr

Stonehenge Metals Appoints Chief Operating Officer



ASX ANNOUNCEMENT ASX CODE: SHE 21 April 2010 STONEHENGE APPOINTS CHIEF OPERATING OFFICER The Directors of Stonehenge Metals Limited (Stonehenge or the Company) are pleased to advise the appointment of experienced exploration specialist Mr Simon Fleming as Chief Operating Officer (COO) and an Executive Director of the Company. Mr Fleming is a geologist with a broad range of minerals exploration experience including, most recently, five years in the uranium sector.

He has more than 30 years experience in gold, base metals and uranium exploration and development, in both Australia and a number of overseas locations.

Mr Fleming previously held senior technical and management positions with Reynolds Australia Metals Ltd, Sons of Gwalia Limited, China Metals Ltd, Summit Resources Ltd, Paladin Energy Ltd and Energy and Minerals Australia Ltd. As COO, Mr Fleming is responsible for the exploration and development of Stonehenge Metals projects in South Korea and Tasmania.

Mr Fleming is a Fellow of the AusIMM and holds a Bachelor of Science (Geology) with Honours from the University of Western Australia. The Directors are delighted that Mr Fleming has also agreed to join the Stonehenge Board to help drive the development of Stonehenges projects, which includes the Companys flagship Daejon Uranium Project in South Korea. The Daejon Project contains an Inferred Mineral Resource estimated at 46.8 million tonnes averaging 340 ppm eU3O8 for 34.9 million pounds of contained eU3O8 (or approximately 15,900 tonnes contained U3O8) at a cut off grade of 200 ppm eU3O8.

The Company has established an Exploration Target of 72 to 108 million pounds U3O8 at a grade of 250 to 350 ppm at the Daejon Project. Other Board Changes The Board further advises that Non-executive Director Mr.

Bevan Tarratt has been appointed as an Executive Director of the Company. For further information visit www.stonehengemetals.com.au or contact: Stonehenge Metals Limited Bruce Lane (Executive Director) T: + 61 8 9481 2276 E: Media Felicity Nuttall (Professional Public Relations) T: + 61 8 9388 0944 E: This message has been sent to you as a subscriber of the PPR mail service. If you no longer wish to be a part of the service, please email with the word "REMOVE" in the Subject line.
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