13th Nov 2007 16:17
GMA Resources PLC13 November 2007 13 November 2007 AIM: GMA GMA Resources Plc ("GMA" or "the Company") Appointment of Deputy Chairman GMA announces that the Board has appointed David Netherway, an existingnon-executive director, as Deputy Chairman of the Company. Mr. Netherway is a mining engineer with nearly 30 years of experience in themining industry and also a wealth of experience on the African continent. Douglas Perkins, CEO of GMA, comments, "I would like to welcome Mr. Netherway tohis new role as Deputy Chairman. Mr. Netherway has already made a valuablecontribution to Company and as a director of ENOR Spa, the Algerian operatingcompany. He takes up his new role at a pivotal time for the Company as weprogress towards commercial production at Amesmessa and continue progress inexploration on the rest of the concession." Enquiries: GMA Resources Plc John East & Partners Parkgreen CommunicationsDouglas Perkins Simon Fox / Bidhi Bhoma Louise Goodeve / Justine Howarth+1 514 806 6788 +44 (0) 20 7628 2200 +44 (0) 20 7851 7480 Notes to Editors: GMA owns a controlling 52% stake in ENOR spa, the Algerian based operatingcompany for the Tirek -Amesmessa project, with the remainder owned by Sonatrach,the Algerian state-owned oil and gas company. ENOR holds the exploration permit to the Tirek-Amessmessa property, an area ofsome 1,417 km2, located approximately 450km south west of the city, Tamanrasset,in southern Algeria. The Tirek gold mine is located centrally in the northernthird of the exploration permit area, some 60 km north of Amessmessa, an openpit gold mine, which is in the extreme south of the permit area. The Zitaarea, which lies between Tirek and Amessmessa, also shows considerable potentialfor development of prospects amenable to open-pit mining. GMA plans to quicklyexpand upon resources outside of the major 80km Tirek-Amessmessa fault north/south of the concession. GMA's shares are traded on the AIM market of the London Stock Exchange. GMAcurrently has 354,418,493 ordinary shares in issue. For further information on the Company, please visit; www.gmaresources.plc.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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