Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
My blog:
  • Phoenix Gold Appoints New Non-Executive Director 0 comments
    May 7, 2013 1:32 AM

    Phoenix Gold (ASX: PXG) has appointed Stuart Hall as a non-executive director of the company.

    Hall is a current non-executive director of Horseshoe Metals (ASX: HOR) and has over 40 years' experience of exploration and mining projects in Australia, Africa and South East Asia Asia.

    He has experience in the areas of exploration and mine geology, open pit and underground mining operations, resource/reserve estimations, feasibility studies, mine project development and mine management.

    During this time, his experience has covered a wide range of commodities including base metals, gold, iron ore, tantalum and industrial minerals.

    Hall also runs his own geological consultancy and brings valuable experience to the company as it completes the Definitive Feasibility Study for its flagship Castle Hill and Red Dam gold projects in Western Australia's Goldfields and manages the transition through project development to production.

    The company recently extended mineralisation at its Castle Hill Stage 2 deposit in Western Australia to the north, east and at depth after completing the second phase of drilling and assaying.

    An independently verified Resource update is expected in the current Quarter.

    Phoenix remains fully funded for its activities beyond the investment decision with $20 million in cash as of 31 March 2013.

    The cash represents just under half its current market capitalisation of $42.05 million.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.