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Future Events

 
   
 

John Welborn, Managing Director and CEO of Equatorial Resources Limited (ASX:EQX).
March 1st, 2012

Equatorial is exploring two 100% owned large-scale iron ore projects in the politically stable and investment friendly Republic of Congo (“ROC”).  Drilling at the Mayoko-Moussondji Iron Project began in April and 2011 with initial results confirming the presence of an enriched hematite cap with the potential to host Direct Shipping Ore.  An initial resource is expected in 2012. The project has access to existing underutilised bulk commodity rail and port infrastructure.

The second project is called Badondo and has an estimated global exploration target of between 1.3 and 2.2 billion tonnes1 of iron mineralisation. The Badondo Iron Project is located in a region of globally significant iron projects including Sundance Resources’ Mbarga and Nabeba projects and Core Mining’s Avima Project.  Equatorial is well funded with more than $70 million in cash and securities and is an exciting new iron ore story in Central Africa.

Mr Welborn is a former International Rugby Union player with more than 20 years' experience as a senior executive in corporate management, finance and investment banking, including various roles in the resources sector.
Previously Head of Specialised Lending, Western Australia at Investec Bank (Australia) Ltd, Mr Welborn is a Chartered Accountant with a Bachelor of Commerce degree from the University of Western Australia.
Mr Welborn holds memberships of the Institute of Chartered Accountants in Australia, the Financial Services Institute of Australasia, and the Australian Institute of Company Directors.

 

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Jake Klein, Executive Chairman of Evolution Mining
March 29th, 2012

This Sydney based gold company was only formed on the 2nd of November 2011 from the merger of Conquest Mining Limited and Catalpa Resources Limited, and the acquisition from Newcrest Mining Limited of its interests in the Cracow and Mt Rawdon mines.  Newcrest is the largest shareholder with 33% and Evolution is already capped at $1.1 billion, putting it in the top five of Australian based gold companies.

Evolution has five operations: Edna May in WA and Pajingo, Mt Carlton, Cracow and Rawdon in Queensland.  The company has ambitious plans to expand production to between 410 – 465,000 ounces gold equivalent over the next two years from the current 300,000 ounce level.  Evolution Mining will be an interesting story to follow in 2012.

About Jake Klein -

- Formerly President and CEO of Sino Gold Mining Limited
- Previously employed at Macquarie Bank and PricewaterhouseCoopers
- Non executive director of Lynas Corporation Limited and OceanaGold Corporation
- Previous President of the NSW Branch of the Australia China Business Council, served on the NSW Asia Business Council

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