Kingsgate Consolidated Limited (ASX:KCN) Appoints Mr Peter Alexander As Independent Non-Executive Director
Sydney, Feb 24, 2011 AEST (ABN Newswire) - Kingsgate Consolidated Limited (ASX:KCN) (PINK:KSKGF) is pleased to announce the appointment of Mr Peter Alexander as an independent non-executive director with effect from 22 February 2011.
Mr Alexander was previously a non-executive director of Dominion Mining Limited, a geologist by profession and was the Managing Director and Chief Executive Officer of Dominion until his retirement on 31 January 2008. He was appointed as a non-executive director on 1 February 2008.
Mr Alexander brings to Kingsgate a wealth of experience within the gold industry and, in particular, valuable knowledge of the Dominion operations.
About Kingsgate Consolidated Limited
Kingsgate Consolidated Limited (ASX:KCN) (OTCMKTS:KSKGF) is an experienced pacific rim gold producer and highly successful ASX listed gold company with significant expertise in gold exploration, development and mining.
Kingsgate owns and operates the Chatree Gold Mine in central Thailand and the Nueva Esperanza Development Project, located in the highly endowed Maricunga gold and silver belt of the Atacama Region of northern Chile.
The Chatree Gold Mine is a world class gold producing asset, with a proven operating history, with 1.8 million ounces of gold and 10 million ounces of silver produced between 2001-2016.
Chatree is a large scale, low-cost, open pit operation with a combined +5 Mtpa processing capacity across two plants, with existing Life of Mine supporting a ~9 year mine life based on 1.3m oz gold reserve.