Equatorial Resources Limited announced the appointment of Mr. John Welborn as Managing Director effective immediately. Mr. Welborn is a highly accomplished and internationally respected senior executive. A Fellow of the Institute of Chartered Accountants in Australia, a Fellow of the Australian Institute of Management, and a member of the Australian Institute of Mining and Metallurgy, Mr. Welborn is a former investment banker and mining company director. Most recently, Mr. Welborn was Managing Director and CEO of Resolute Mining Limited.