Golden West Resources Limited (ASX: GWR) ("the Company")
today announces the retirement of its
Chairman Mr David Sanders. The Company will appoint a new
Chairman in due course.
The Board wishes to express its appreciation to Mr Sanders
for the tireless supportive work that he has undertaken in
the role as Chairman from his appointment in November 2009.
Under Mr Sanders' stewardship, GWR has made significant
progress in its development towards becoming an iron ore
producer.
During his tenure Mr Sanders was instrumental in reaching
agreement with the Tarlpa people resulting in the signing of
a Native Title Agreement, securing Wynnes Investments, a
company controlled by Mr Tien Seng Law, as a strategic
shareholder and driving the Company towards achieving its
maiden iron ore Reserve of
69.2 million tonnes. Recently Mr Sanders has been actively
involved in progressing infrastructure solutions for the
Wiluna West project - GWR is now well positioned regarding
both the Esperance and Oakajee infrastructure position. Mr
Sanders leaves GWR as a well capitalised company with a
highly valuable high grade hematite iron ore project.
Mr Sanders is a principal of legal firm, Bennett + Co, the
Company's solicitors. The Company will continue to
have the benefit of Mr Sanders' knowledge and expertise on
commercial, corporate and legal matters.
For and on behalf of the Board
Craig Ferrier
Executive General Manager
30 January 2012
- ENDS -
Golden West Resources
Richard Taylor
Riley Mathewson Public Relations
Tel: +61 (0)8 9381 2144
Mob: +61 (0)451 471 006
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Retirement of Chairman |