Listed on TSX/ASX:LAM
TORONTO, March 31, 2014 /CNW/ - Laramide Resources Ltd. (TSX/ASX: LAM) is pleased to announce that Bryn Jones, MMinEng, has been appointed Chief Operating Officer for the Company. Mr. Jones will lead the development of the Westmoreland Uranium Project in Queensland, Australia. Prior to his appointment, Mr. Jones was Managing Director of Uranium Equities Limited, an ASX listed explorer and developer of uranium extraction technologies.
Mr. Jones is an Industrial Chemist and Fellow of the Australian Institute of Mining and Metallurgy with 16 years' experience in the Australian uranium industry covering all aspects of the mining cycle. While at Uranium Equities, Mr. Jones successfully managed and financed the PhosEnergy development from concept to feasibility study level, which is being jointly developed by Cameco Corporation and PhosEnergy. Prior to Uranium Equities, he worked in several technical and operational management roles at Heathgate Resources, the operator of the Beverley Uranium Mine in South Australia. Bryn also worked for Worley Parsons on the Olympic Dam Expansion Project and consulted on various In-Situ Recovery (ISR) operations around the world.
Mr. Jones contributes to several programs with the International Atomic Energy Agency, as a techincal expert, in the area of ISR uranium mining and also holds a Master's degree in Mining Engineering focusing on Mine Industry Management from the University of New South Wales.
Marc Henderson, President and Chief Executive Officer of Laramide, states: "We are very pleased to have Bryn join our Executive team in Australia. With the change in Queensland government policy towards uranium mining and the prospect for a much improved mid-term contracting market in the period 2016 to 2018, we believe now is the time to move the Westmoreland Project forward more aggressively.
Mr. Jones will join Laramide effective on the 1st of April and will be based in Laramide's Brisbane office.
Laramide shares are listed on the Toronto Stock Exchange and the Australian Securities Exchange under the symbol LAM.
To learn more about Laramide, please visit the Company's website at www.laramide.com.
Laramide is engaged in the exploration and development of high-quality uranium assets. Its wholly owned uranium assets are in Australia and the United States. Laramide's portfolio of advanced uranium projects have been chosen for their production potential. Its flagship project, Westmoreland, in Queensland, Australia, is one of the largest projects currently held by a junior mining company. Its U.S. assets include La Jara Mesa in Grants, New Mexico, and La Sal in the Lisbon Valley district of Utah. Its portfolio also includes joint venture, strategic equity positions and royalty participation in uranium development and exploration companies that provide additional geographic diversification and uranium exposure for shareholders.
This press release contains forward-looking statements. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information. Certain material factors or assumptions are applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information.
SOURCE: Laramide Resources Ltd.
For further information:
Marc Henderson, President and Chief Executive Officer
Toronto, Canada +1 (416) 599 7363
Greg Ferron, Vice-President, Investor Relations
Toronto, Canada +1 (416) 599 7363