Retirement of Director

Retirement of Director

ID: 4337

(Thomson Reuters ONE) - Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration4 August 2009 Goldplat plc ('Goldplat' or 'the Company') Retirement of DirectorGoldplat plc, the AIM quoted gold producer, announces that JohnWoolgar, a Non Executive Director, is standing down from the Boardwith effect from 31st August 2009, in order to devote more time tonew projects where he has executive responsibilities.Commenting on Mr. Woolgar's resignation, Demetri Manolis Goldplat'sCEO, said "I would like to thank John for all his efforts on behalfof Goldplat, particularly during the flotation of the Company andwhile it was establishing its London presence." * * ENDS * *For further information visit www.goldplat.com or contact:Demetri Manolis, CEO Goldplat plc Tel: +27 (0) 11 423 1203James Joyce WH Ireland Limited Tel: +44 (0) 20 7220 1666Sarang Shah WH Ireland Limited Tel: +44 (0) 20 7220 1666Bill Sharp Alexander David Securities Tel: +44 (0)20 Limited 7448 9820David Scott Alexander David Securities Tel: +44 (0)20 Limited 7448 9820Felicity Edwards St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177Isabel Crossley St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177NotesGoldplat plc is an AIM-listed gold producer with operations inAfrica. Its strategy is to consolidate its position as a goldproducer in Africa and build itself into a highly profitable mid-tiergold company, leveraged through revenue generated from its goldrecovery businesses..The Company has two recovery businesses based in South Africa andGhana, which, by safely disposing mining by-products, fulfil animportant aspect of the mines' environmental management programmes.The South African plant is located near the centre of the East RandGoldfield and raw material feedstocks are sourced from many of themajor South African mining companies, including Anglogold Ashanti,Goldfields, Harmony, DRD Gold and other smaller producers. The Ghanaplant, located in the free port of Tema, provides access to rawmaterials from mines in Mali, Guinea, Burkina Faso, Benin, CoteD'Ivorie, Senegal, the DRC and Mauritania, as well as Ghana.Goldplat's strategy is to build itself into a highly profitablemid-tier gold producer, through the acquisition of known depositswith targets of between 200,000 and one million contained ounces. Tothis end, it is developing the potential of the 213 sq km Lolgorienlicence area ('Kilimapesa Gold'), located in the historicallyproducing Migori Archaean Greenstone Belt in western Kenya.Kilimapesa Gold commenced initial production in January 2009 and anaggressive exploration and development programme has been implementedto define a JORC compliant resource at the project.Additionally the Company is currently evaluating gold recoveryoperations in Tanzania and Zambia and also has joint ventureagreements with Black Economic Empowerment ('BEE') partners in placeto take advantage of mining opportunities in South Africa.---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 04.08.2009 - 17:00 Uhr
Sprache: Deutsch
News-ID 4337
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