Sydney, June 21, 2007 AEST (ABN Newswire) - Olympia Resources Ltd (ASX: OLY) is pleased to announce that Mr Michael Walters has consented to act as a Non-Executive Director of Olympia Resources, effective today.
Mr Walters has over 25 years experience in the global resources sector including marketing and trading industrial minerals, line management of mining operations, and strategic planning and project development. Mr Walters has worked for leading mining companies, and out of marketing offices in Europe, the UK, Singapore, the Middle East and Australia. These companies include Shell, Billiton, WMC Resources and Consolidated Minerals. He has an Honours Degree in Engineering from the University of Western Australia.
Mr Walter's experience in strategic planning and development and his knowledge of international marketing of mineral products will be of great value to the company as it embarks on the development phase of its industrial minerals and mineral sands projects.
The Board is delighted to welcome Mr Walters.
For more information on Olympia Resources, please visit our website at www.olympiaresources.com
About MZI Resources Ltd
MZI Resources Ltd (ASX:MZI) is a mineral sands company focused on the high value minerals of zircon, rutile and leucoxene based in Perth, Western Australia. Its flagship operating asset is the Keysbrook Mineral Sands Project, located 70km south of Perth. At the Keysbrook mine, mineral sands are mined and processed to produce heavy mineral concentrate (HMC) which is processed into final products under a toll treating arrangement with Doral Mineral Sands Pty Ltd at the Picton Mineral Separation Plant (MSP) near Bunbury.
The Keysbrook mine hosts a world-class zircon / leucoxene ore body with total Ore Reserves equivalent to over 15 years of production at design output rates, and total Mineral Resources equivalent to over 30 years of production. Production commenced in late 2015, making the Keysbrook Project Australia’s first – and the world’s largest - primary producer of high value leucoxene.
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