7 Aug 2015 14:47
AURASIAN MINERALS PLC
("Aurasian" or the "Company")
Appointment of Chairman
Aurasian Minerals plc is pleased to announce the appointment of Christopher Goss as Chairman of the board. Chris has been a director of Aurasian Minerals since June 2010. He is an economist with a BA and MA who worked with The IFC (International Finance Corporation) for 24 years and retired in May 2010.
At the IFC, (the private sector arm of the World Bank Group and a leader in project finance in emerging markets), he worked in London leading IFC's business development for mining, oil and gas companies and managed the relationships with major IFC clients headquartered in London, including Rio Tinto, Anglo American and Lonmin. Prior to that he led IFC mining transactions in Africa, Russia, Central Asia and Latin America. Earlier in his career, Chris was with the Commonwealth Secretariat, advising African governments in natural resource policy and negotiations in Ghana, Tanzania, Mozambique and Swaziland.
Peter Mullens, CEO of Aurasian, commented: "I am very pleased to welcome Chris to the Chairman's position of Aurasian and look forward to working with him moving forward. He has a wealth of experience in both Emerging Markets and in mining. With Chris at the head of Aurasian I welcome the opportunity to make the company a great success, particularly in these challenging times for junior resource companies."
For further information, please contact:
Aurasian Minerals Plc
Peter Mullens +44 (0) 1534 881 885
finnCap Limited +44 (0) 20 7220 0500
Christopher Raggett / Scott Mathieson
ABOUT AURASIAN MINERALS
Aurasian Minerals PLC is an AIM listed junior exploration company exploring for copper and gold in South East Asia. The company is specifically looking at projects in Myanmar and Laos. Aurasian has a very experienced board and technical team headed up Peter Mullens, CEO. Mullens was previously Chief Geologist for Aquiline Resources where he was responsible for acquiring Aquline's major assets in Argentina prior to take over by Pan American Silver in 2009 and VP Exploration for Laramide Resource's where he acquired the Westmoreland Uranium deposit in Australia. Both Aquiline and Laramide were listed on the Toronto stock exchange. The company is well funded in a difficult market with approximately GBP 800,000 in the bank and a further US $ 750,000 due to the company for the sale of its Wamum project in Papua New Guinea (see press release dated March 13 2015).