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MELBOURNE, Australia, April 30 /CNW/ - OceanaGold Corporation is pleased
to announce it has appointed Nick Franey as Vice President, Exploration.
Nick is a geologist with over 25 years experience in the mining industry.
He was most recently Vice President, Exploration with Anvil Mining. While
there, he led the exploration team that doubled the Company's resource base in
less than two years at the Company's projects in Africa. Additionally, Nick
was responsible for establishing an exploration program and team for the
Company's Filipino projects in the Baguio region of The Philippines. Prior to
his posting with Anvil Mining, Nick held senior exploration roles with Anglo
American Plc for more than 20 years.
Nick will be responsible for the development and execution of
OceanaGold's exploration strategy and in addition, will have primary
responsibility for new project generation to grow the company's asset base.
He holds a Bachelor of Science (Hons) in Mining Geology from Leicester
University, UK and a Masters of Science in Mineral Exploration from Rhodes
University, South Africa.
OceanaGold's Chief Executive Officer, Steve Orr said "Nick's experience
working in both greenfield and brownfield exploration projects throughout
Asia-Pacific and Africa adds significant depth to OceanaGold's exploration
team. Nick's expertise will benefit the Company's efforts to grow its reserves
and resources through discovery and accretive acquisitions."
OceanaGold currently operates in the South Island of New Zealand and in
the Philippines. The Company's assets encompass New Zealand's largest gold
mine at Macraes which includes the recently commissioned Frasers Underground
operation, Reefton Gold Mine also in New Zealand and the Didipio Gold-Copper
Project in northern Luzon, Philippines scheduled for commissioning in H1 2009.
The Company expects to achieve gold production of approximately 500,000 gold
equivalent ounces (AuEq) in 2009.
OceanaGold is listed on the Toronto, Australian and New Zealand stock
exchanges under the symbol "OGC".
For further information:
For further information: Mr Darren Klinck, Vice President, Corporate &
Investor Relations, OceanaGold Corporation, Tel: 61 3 9656 5300