/NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR
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MELBOURNE, Australia, March 19 /CNW/ - OceanaGold Corporation
("OceanaGold" or "the Company") is pleased to announce three key appointments
for its projects in the Philippines and New Zealand.
Mr. Blair Way recently joined OceanaGold (Philippines), Inc. and will be
responsible for leading the design and construction team through to operation
at the Didipio Gold and Copper project. Mr. Way, who holds a BSc. and MBA,
brings a strong background in onshore/offshore construction which includes a
recent posting with BHP Billiton, where he headed up the Major Projects Group
for QNI Pty Ltd. Blair most recently held Project Management roles with
Hatch Ltd based in Brisbane.
Ms. Alison Paul has been appointed Senior Corporate Counsel - Commercial
and Projects. Alison joined the Company in September 2004 and was most
recently Corporate Counsel for Oceana Gold (NZ) Ltd. Alison will continue to
be charged with legal responsibilities for the New Zealand operations but will
also work closely with the Company's General Counsel on matters regarding
construction and contract law. Ms. Paul has a LLB and a BA from the University
of Auckland. Prior to joining Oceana Gold (NZ) Ltd she worked as a Senior
Associate with Simpson Grierson in Auckland where she specialised in
construction and contract law.
Ms. Pat Schraven has been appointed Human Resources Manager - New Zealand
Operations. Pat joined the Company in February 2001 and has progressively
increased her human resource management responsibilities in New Zealand. In
this expanded role, Pat will be responsible for Human Resources management
across the entire New Zealand business unit and will provide assistance to the
corporate head office on specific initiatives as required.
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".
Statements in this release may be viewed as forward-looking statements.
Any statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance (often, but not always, using
words or phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans", "estimates" or "intends", or
stating that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved) are not statements of
historical fact and may be forward-looking statements. Forward-looking
statements are subject to a variety of risks and uncertainties which could
cause actual events or results to differ from those reflected in the
forward-looking statements. There are no assurances the Company can fulfil
such forward-looking statements and the Company undertakes no obligation to
update such statements. Such forward-looking statements are only predictions;
actual events or results may differ materially as a result of risks facing the
Company, some of which are beyond the Company's control.
For further information:
For further information: Mr Darren Klinck, Vice President, Corporate and
Investor Relations, OceanaGold Corporation, Tel: 61 3 9656 5300