MMS.L Regulatory News (MMS)

15 Aug 2005 07:00

Maghreb Minerals PLC15 August 2005 MANAGEMENT REORGANISATION Maghreb Minerals Plc is pleased to announce that Jane Hywood has been appointedas Financial Controller and Company Secretary for Maghreb Minerals. On 1October 2005, it is planned that Richard Collier, currently Finance Director,will become a non-executive Director retaining specific responsibility foroverseeing the Maghreb Minerals finance functions. At the same time Gordon Riddler, Non-executive Chairman, will assume greaterresponsibilities, working alongside Maghreb Minerals' Managing Director, RobynStorer to drive forward Maghreb Minerals exploration programme in Tunisia andAlgeria. Commenting on the management reorganisation, Robyn Storer, Managing Director,said: "We welcome Jane Hywood to the Maghreb Minerals team. Gordon Riddler's decisionto take on more responsibilities specifically to oversee the Tunisian andAlgerian exploration programme will greatly benefit Maghreb Minerals Plc." Further Enquiries: Maghreb Minerals Plc Westhouse Securities LLP Robyn Storer/ Richard Collier Tim Metcalfe Tel: 44 (0) 20 7618 6411 Tel: 44 (0) 20 7601 6100 NOTES TO EDITORS Maghreb Minerals has a planned exploration programme in Tunisia and Algeriausing modern exploration techniques. Its exploration programme for lead and zincmineralisation in Tunisia and Algeria is based on a broad conceptual model basedon Mississippi Valley Type deposits. Maghreb Minerals believes that itsconceptual model for the control of mineralisation in the region represents asignificant departure from the exploration model applied historically to thismetallogenic rich province. The Company believes that exploration to date hasfailed to test the full mineralisation potential of the region. In addition, and in line with its planned strategy to extend its explorationefforts throughout the Maghreb region, the Company has acquired an 85% interestin the Tan Chaffao gold rich base metal project, and a 100 sq. km ExplorationLicense, in Algeria. Maghreb Minerals will commence an exploration programme atTan Chaffao at the beginning of the field season (late September 2005). This information is provided by RNS The company news service from the London Stock Exchange