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ORI Oriel Res.

121.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Oriel Res. LSE:ORI London Ordinary Share GB0034246743 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 121.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Directorate Appointment

12/10/2005 8:00am

UK Regulatory


RNS Number:5361S
Oriel Resources PLC
12 October 2005

12 October 2005



                 Oriel Resources plc ("Oriel" or "the Company")



                            Directorate Appointment



Oriel Resources plc is pleased to announce the appointment of Nicholas (Nick)
Royston Clarke (52) as Managing Director of the Company, effective immediately.
Nick has been a Director and COO of the Company since June 2004.  He has been
instrumental in the completion of the Preliminary Assessment Study and the
progress of the Definitive Feasibility Study on the Company's Shevchenko nickel
project.  More recently he has driven the development of the Company's Voskhod
chrome project to the point where a decision has now been taken to commence mine
development simultaneously with the completion of the DFS for this project.



Nick Clarke takes over as Managing Director from Dr Nic Barcza who is continuing
as Director of Technology and who will continue his focus on the technical
aspects of the metallurgical processes related to the nickel and chrome
projects.



Prior to joining Oriel in June 2004, Nick was previously Managing Director of
CSMA Consultants Limited (now Wardell Armstrong International Limited).  Nick is
a Chartered Engineer with over 30 years' mining experience.  In previous roles,
he spent 16 years in production management in the mining industries of South
Africa, Ghana and Saudi Arabia where he held senior management positions in
production and technical service departments, and has worked on a number of
world-class mines. Nick Clarke joined CSMA Consultants Limited in 1993 where he
went onto become Managing Director. During this time he built CSMA Consultants
Limited into an internationally recognised minerals consultancy serving clients
in the mining and financial services sectors.



Executive Chairman Dr Sergey V Kurzin commented:



"I congratulate Nick Clarke on his appointment and I look forward to his
leadership in taking our Company projects forward.  I would like to thank Dr Nic
Barcza for his contribution as Managing Director and know he will continue to
play an important role to Oriel by focussing on the development of the technical
aspects of our business."



                                    - Ends -





For further information please contact:

Dr Sergey V Kurzin, Executive Chairman, Oriel Resources plc
Tel: +44 (0) 20 7514 0590

Nick Clarke, Managing Director, Oriel Resources plc
Tel: +44 (0) 20 7514 0590

Jonathon Brill/Billy Clegg, Financial Dynamics
Direct: + 44 (0) 20 7831 3113


Vanguard Shareholder Solutions
Tel: +1 800 866 788 9288




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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