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Cazaly Resources Makes Two Appointments To Strengthen Project Development, Marketing
= Parker Range Iron Ore Project, Western Australia =
Australian resources company Cazaly Resources Limited that continues to progress development and marketing activities for the Parker Range Iron Ore Project in the Yilgarn district of Western Australia announced July 6 the appointment of two key persons to its iron ore project team in recent weeks.

Matthew Timbrell, a mechanical engineering professional with over 15 year experience in Operations (Mining & Processing), has been appointed to the key role of Senior Project Manager. Mr. Timbrell has most recently worked for Rio Tinto Iron Ore as a Project Manager at the Hope Downs South Project. Previous to this he held senior project management roles with WMC Resources and BHP Billiton Nickel West. He has extensive divisional and project management experience across a range of commodities, including iron ore, copper, uranium, gold, fertilizer and nickel.

In addition, iron ore and steel industry veteran Philip Kirchlechner has been appointed to a marketing consultant role. Mr. Kirchlechner has 20 years experience in marketing and business development in the iron ore and steel industry, gained through positions with Hamersley Iron, Rio Tinto Iron Ore, Voest-Alpine (VAI) and J. P. Morgan. Prior to taking on this role with Cazaly, he worked for Australian iron ore company Aurox Resources, where he successfully identified, negotiated with and ultimately secured off-take agreements with Chinese partners for its Balla Balla Iron Ore Project in Western Australia. Mr. Kirchlechner was also formerly Head of Marketing at Fortescue Metals Group (FMG) and was instrumental in the company building relationships with key decision makers in the Asian steel industry, including iron ore end users in Japan, South Korea, Taiwan and mainland China.

The Parker Range Iron Project is a joint venture between Cazaly and Gondwana Resources Ltd, with Cazaly holding an 80% interest. It is ideally located in southwest Western Australia, approximately 400 km from Perth and 60 km by road south of Southern Cross and with rail access to the port of Esperance.

The resource estimate for the Mount Caudan deposit at the project is currently 23.5 million tonnes (Mt) at 55.4% Fe, which a recently completed Scoping Study has confirmed could economically sustain a 2 - 4 Mt/a operation. Importantly the company has commenced rail access discussions with private rail company Westnet Rail and recently signed an MOU with the Esperance Port Authority to ensure its export requirements can be incorporated into the Port Authority's expansion plans.

In addition to Parker Range, Cazaly also owns a range of iron ore assets throughout Western Australian, particularly in the Pilbara region. Matthew Timbrell and Philip Kirchlechner will also play a role in assisting the broader Cazaly technical team in the development of these assets when appropriate.
last modified : Wed 15 Jul, 2009 [10:45]
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