Focus Minerals Limited Appoints New CFO and Company Secretary

08:24 AEST Apr 17, 2012 ABN Newswire (C) 2004-2012 Asia Business News PL. All Rights Reserved.

Sydney, Australia (ABN Newswire) - Focus Minerals Ltd (ASX:FML), a leading Australian gold producer and explorer, is pleased to announce the appointment of Paul Fromson as the Company's new Chief Financial Officer and Company Secretary following the resignation of current CFO Jon Grygorcewicz.

Mr Fromson has more than 30 years industry experience, including 18 years with ASX listed resource companies. His most recent role was CFO and Company Secretary for Bauxite Resources Limited where he played a key role in two large joint ventures with Chinese partners.

'Paul brings a very strong skillset to the Focus Minerals team at an important time in our growth,' said Focus Minerals Chief Executive Officer Campbell Baird.

'In addition to his direct mining industry experience, Paul has also accumulated a wide range of finance, accounting, taxation and commercial experience which he will bring to bear as we consolidate the Laverton and Coolgardie operations,' said Mr Baird.

Mr Fromson has worked for a number of resource companies and was first involved in the gold industry in 1987 through Kobe Alumina, one of the then part owners of the Boddington Gold Mine. Since this time he has held senior finance positions in exploration and mining companies. He has also been a director of the Makit Hardware Cooperative and ran his own successful tax practice for six years. Mr Fromson is a member of the Australian Institute of Company Directors, a Certified Practising Accountant and a Chartered Company Secretary.

Following its takeover of the Laverton Gold Operations last year, Focus has also recently bolstered its group accounting team with the appointment of Krishna Kulshreshtha as Group Financial Controller. Prior to joining Focus, Mr Kulshreshtha was the Financial Controller & Joint Company Secretary for Rey Resources Ltd and previously Finance Manager-Group Reporting, Tax & Treasury at Anvil Mining Ltd.

Mr Baird said he would like to thank Mr Grygorcewicz for all his hard work in being a part of Focus Minerals' growth over the past six years. 'We wish him well with his future ventures,' he said.



About Focus Minerals Ltd:

Focus Minerals Limited (ASX:FML) is a leading Australian gold producer operating two significant production centres in Western Australia's Eastern Goldfields. The company is the largest landholder in the Coolgardie Gold Belt, 35km west of 'Super Pit' in Kalgoorlie, where it operates 3 mines: The Tindals Underground; Tindals Open Pits; and The Mount underground. Gold is processed at Focus' 1.2Mtpa processing plant, Three Mile Hill, which is adjacent to the town of Coolgardie. Focus also operates, through its 81.57% majority shareholding in Crescent Gold, the Laverton Gold Project, located 250km northeast of Kalgoorlie in Western Australia. Laverton comprises a significant portfolio of large scale open pit mines, with ore being processed under an OPA at the nearby Barrick Granny Smith mill.



Contact:

Focus Minerals Ltd
T: +61-8-9215-7888
F: +61-8-9215-7889
E: info@focusminerals.com.au
WWW: www.focusminerals.com.au