Persian Gold PLC
02 April 2008
Persian Gold plc.
2nd April 2008
Persian Gold PLC ('Persian Gold' or the 'Company')
Hires Two Key Managers in Iran
Persian Gold (AIM:PNG), the Irish based Iranian gold and copper explorer, is
pleased to announce the appointment of two key individuals to the Company's
management team in Iran. Mr. Bahman Rashidi has accepted the position of
Country Manager and Mr. Farzin Talebi Rad has accepted the position of
Operations Manager. Both are based in Tehran.
Mr. Rashidi holds a BSc in Geology from Beheshti University in Tehran and an MSc
in Economic Geology from Trinity College and University in Malaga, Spain.
Mr. Talebi Rad holds a BSc in Geology from Tabriz University in Iran.
Both men have extensive mineral exploration experience in Iran. They will
supervise the Persian Gold Dalli and Chah-e-Zard gold exploration projects but a
primary focus will be the identification of gold copper projects in the 2,000km
underexplored Tethyan Belt.
In addition, Persian Gold announces that Chah-e-Zard assay results on the 22
hole diamond drill programme following positive trench sampling results have
been received and are currently being evaluated, following which planning will
begin on the next phase of exploration.
John Teeling, Chairman, commented:
'I am delighted that Bahman and Farzin have joined Persian Gold. That two such
experienced operators have joined us shows the inherent potential in our
portfolio and the region.
There is an abundance of gold/copper exploration opportunities in Iran. These
men have the experience, knowledge and contacts to ensure a flow of high quality
projects.'
Contacts:
Persian Gold Plc
John Teeling +353 1 833 2833
College Hill
Paddy Blewer +44 (0) 20 7457 2020
Nick Elwes +44 (0) 20 7457 2020
Blue Oar Securities Plc
John Wakefield +44 (0) 117 933 0020
Simon Moynagh +44 (0) 117 933 0020
www.persiangoldplc.com
This information is provided by RNS
The company news service from the London Stock Exchange