Thursday 5th September from Sydney with Indoching Mining (ASX:IDC) and Base Resources (ASX:BSE)
Sydney, Sep 4, 2013 AEST (ABN Newswire) - Live Webcast from the Sydney Mining Club in Sydney on 5th September are two advanced Australian explorers boasting exciting projects with exceptional value for Investors.
Broadcasting live from Tattersalls Club in Sydney where the Sydney Mining Club holds their monthly event, now at its 181st gathering of investors and mining industry professionals.
Presenting for Base Resources will be Tim Carstens
Mr Carstens brings a diverse and substantial skill set to the development of Base Resources Limited, having previously held senior executive roles with Perilya Limited, North Limited, Robe River Iron Associates, Iron Ore Company of Canada and St Barbara Mines Limited in operations, strategy, corporate development and finance, both in Australia and overseas. A chartered accountant by profession, he has successfully managed all aspects of business strategy development and implementation, acquisitions and divestments, debt and equity financing, organisational development and operational performance.
Most recently he was Executive General Manager - Operations and Development with Perilya Limited with responsibility for all operational and project development activities in the Broken Hill field, comprising two operating mines and three advanced development projects.
Base Resources Limited (ASX:BSE) is developing the world-class Kwale Mineral Sands Project in Kenya, East Africa. Kwale is an advanced and highly competitive project in a sector with a significant forecast supply shortfall widely expected to emerge in the medium term.
The Kwale Project represents an advanced development opportunity with all material project approvals, permits and licenses required for development currently in place, funding in place and construction of all project elements underway.
The Project enjoys a high level of support from the Government of Kenya as well as the local community, and located just 50km from Mombasa, Kenya's principal port facility, is well serviced by existing physical infrastructure.
Presenting for Indochine Mining will be Stephen Promnitz
Mr Promnitz has 25 years experience in the resources sector and was the 2IC and Manager, Corporate Development of Kingsgate Conslidated (ASX:KCN), which owns and operates the Chatree gold mine in Thailand. Before joining Kingsgate, he worked for Citigroup and Westpac, and spent over 15 years with Western Mining Corporation, Rio Tinto and Placer Dome; his roles with Western Mining Corporation included manager, acquisitions and country manager in Argentina. Previously, he was involved in exploration for precious and base metals in Papua New Guinea, Indonesia and Australia.
Indochine Mining Limited (ASX:IDC) is an ASX-listed company, whose flagship asset is the Mt Kare gold-silver project in the highlands of Papua New Guinea (PNG). A major increase in the quality of the resource was recently announced with two substantial high grade zones averaging 5 - 20 g/t gold, with intersections over 100 g/t gold. The current focus is to extend these high grade zones as they allow for a rapid, low cost underground mining option at significantly reduced capital costs than announced in the company's 2012 Pre-Feasibility Study.