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Sovereign Gold Company Limited Mining Industry Identity Julian Malnic Joins Board

18.02.2014  |  ABN Newswire
Sydney, Australia (ABN Newswire) - Julian Malnic has joined the board of Sovereign Gold Company Ltd. (Sovereign Gold) (ASX:SOC). Julian was recently appointed to manage the Mount Adrah Gold Project in south-eastern NSW.

CEO, Michael Leu said "Sovereign Gold will strengthen its market profile with the addition of well-known industry identity, Julian Malnic.

"As founder and chairman of the Sydney Mining Club, Julian has seen it grow to be Sydney's leading forum for mining executives, professionals and suppliers.

"Julian, will be responsible for developing Sovereign Gold's profile as it continues to develop its substantial exploration portfolio."


About Julian Malnic

Julian Malnic is a professional geologist and company builder whose career spans a wide range of industry activity including exploration (specialising in gold), mine assessment, corporate management and development, and industry media.

In 1995, Julian founded Nautilus Minerals (listed on the Toronto and London exchanges) the world's first company to be granted exploration licences to newly discovered, high- grade seafloor massive sulphide deposits.

Julian subsequently founded Direct Nickel (DNi) in 2005 after having identified the potential of precursor technologies for the Direct Nickel Process which it has successfully developed for treating nickel laterites.

He worked as Executive Chairman of DNi until Sept 2012 and led the DNi team in developing the DNi Process. The company has successfully tested a wide array of ore types, confirmed the process's efficient and wide spectrum capabilities, and forged strong technical and financial partnerships with Teck Resources Ltd., PT Antam, and the CSIRO.


About Sovereign Gold Company Limited:

Sovereign Gold Company Ltd. (ASX:SOC) is an Australian-based gold exploration and development company that holds a highly prospective tenement package, for Intrusion-Related Gold Systems (IRGS), in New South Wales, Australia. Sovereign Gold holds 11 Exploration Licences covering over 3,240km2 near Armidale in NSW, including the historic Rocky River-Uralla Goldfields. Sovereign Gold's aggressive exploration program in several of these licence areas is funded via a joint venture (at the tenement level) with Jiangsu Geology & Engineering Co Ltd (SUGEC), a major Chinese State-owned geology enterprise. The other area of focus is the Mt. Adrah Project, approximately 50km southeast of the regional NSW centre of Wagga Wagga and 23km northwest of the historic mining district of Adelong, via an 87% interest in unlisted Gossan Hill Gold Limited. This area contains the recently discovered, world-class, Hobbs IRGS deposit which is currently under evaluation.



Contact:

Sovereign Gold Company Ltd.
T: +61-2-9251-7177
F: +61-2-9251-7500
WWW: www.sovereigngold.com.au


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