RNS Number : 8131O
Target Resources Plc
13 March 2009
On behalf of: Target Resources plc
Target Resources plc ('Target' or the 'Company')
Directorate Change
Target Resources plc (AIM: TGT), the alluvial diamond and gold mining company operating in Sierra Leone, announces that Mr Peter O'Kane, Non-executive Director, yesterday resigned from the Board of the Company with immediate effect in order to focus on his other business interests.
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Enquiries:
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Target Resources plc
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020 7258 2300
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Dr Nissim Levy, Managing Director
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www.target-resources.co.uk
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Nominated Adviser and Broker
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Arbuthnot Securities
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020 7012 2000
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John Prior
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Ed Burbidge
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About Target
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Target is an alluvial diamond mining and exploration company operating in Sierra Leone.
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Target is among the first large scale mining ventures to be established in Sierra Leone since the end of the civil war in 2002.
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The Company has 4,263 acres (17.25 Sq km) under mining leases in the rich diamond and gold area of Kono, which is recognised as the most productive area for diamond mining in Sierra Leone.
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The Company has Exclusive Prospecting Licences for Gold, covering 520 sq km in the Alluvial Gold area in the Tonkolili district and for Diamonds, covering 254 sq km in Kenema District, known for its 'fancy' diamonds.
Target Resources Plc
16th Floor, Marble Arch Tower, 55 Bryanston Street London, W1H 7AA
Tel +44 (0)20 7258 2300, Fax +44 (0)20 7258 2321
Email: info@target-resources.co.uk
Web: www.target-resources.co.uk
Registered in England and Wales, Company No 5566717
This information is provided by RNS
The company news service from the London Stock Exchange
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