26th Mar 2008 08:42
Minera IRL Limited26 March 2008 Directorate Change London: 26 March 2008. Minera IRL Limited ("MIRL" or "the Company") announcesthat Denver based Russell Cranswick, non executive director, has stepped downfrom the Board of Directors as of 19 March in order to pursue other interestswithin Resource Capital Fund ("RCF"), of which he is a Partner. RCF has been anotable shareholder in the Company since 2004 and continues to be supportive. MIRL Chairman, Courtney Chamberlain, comments "We are sorry to lose Russ fromour board. He has been an outstanding contributor and we shall all miss hiscounsel. However, he is only departing now that the company is firmlyestablished. During the past year Minera IRL has floated on the AIM market,listed on the Lima Stock exchange and brought its first gold mine at Corihuarmiinto production. On behalf of our Board, we thank him for his contribution." As announced on 18 March, the first gold was poured at Corihuarmi and theproduction stream has been firmly established. Major exploration initiatives arealso underway at Corihuarmi and the Ollachea Project in southern Peru. For more information contact: Minera IRLCourtney Chamberlain, Executive Chairman or +61 (0)408 888 803Trish Kent, Manager, Corporate Relations +51 1 4181230 Arbuthnot Securities (Nomad & Broker, London) + 44 (0)20 7012 2000Paul VanstoneInna Vassina Bankside Consultants (Financial PR, London) + 44 (0)20 7367 8888Simon RothschildLouise Mason Credibolsa (Broker, Lima) + 55 13132900Christian Chocano Synergy Asociados (Public Relations, Lima) + 511 446 2055/446 1832Magaly Villena + 511 9400 8101Jorge Leon + 551 9837 5186 Minera IRL Limited ("MIRL") is the holding company of a precious metals miningcompany focused on the Andean Cordillera of South America. MIRL is led by anexperienced senior management team with extensive industry experience,particularly in operating in South America. The Group has acquired and advanceda portfolio of projects. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MIRL.L