Owen Hegarty Joins Highfield Resources Board
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 19 August 2013
Release date- 16082013 - Highfield Resources (HFR: ASX) is pleased to announce Mr Owen Hegarty has been appointed Non-Executive Director of the Company.
Mr Hegarty has a distinguished career as a mining executive and will add considerable value to Highfield as it progresses the development of its three 100%-owned Spanish potash projects.
Mr Hegarty is the Chairman of specialist resources private equity firm, EMR Capital, Highfield's largest shareholder and cornerstone investor.
Mr Hegarty has some 40 years' experience in the global mining industry. He spent 25 years with Rio Tinto where he was Managing Director of Rio Tinto Asia and Managing Director of the Group's Australian copper and gold business. He was the founder and CEO of Oxiana Ltd Group which grew from a small exploration company to a multi-billion dollar Asia Pacific focused base and precious metals producer, developer and explorer.
Mr Hegarty was awarded the AusIMM Institute Medal in 2006 and the G.J. Stokes Memorial Award in 2008 for his achievements and leadership in the mining industry. Mr Hegarty is a director of various listed and unlisted resources' companies including; Hong Kong listed G-Resources Group Ltd, Fortescue Metals Group Ltd (ASX: FMG), Tigers Realm Coal Limited (ASX: TIG) and EMR Capital. He is also a Director of the AusIMM, and a member of a number of Government and industry advisory groups.
RESIGNATION OF MR JONATHAN MURRAY
Mr Jonathan Murray has resigned as a director effective immediately. Mr Murray has made a significant contribution to the Company and was a founding Director. The Board would like to sincerely thank him for his efforts and wishes him well in his future endeavours.
Tel: +61 (0) 417 466 039
Tel: +61 (0) 401 809 653
ABOUT HIGHFIELD RESOURCES
Highfield Resources is an ASX-Listed potash company with four key projects located in Spain and Australia. Highfield's Javier, Pintano and Sierra del Perdon potash projects are located in the Ebro potash producing basin in Northern Spain. The Sierra del Perdon project includes two former operating mines. Highfield's key objective is to quickly recommence production from these mines.
The Javier and Pintano potash projects are located in two separate sub basins within 60 kilometres of the former operating mine. Highfield owns a 100%-interest in the five granted tenements with three applications pending that comprise the three projects and cover over 400 km2. Highfield's McLarty potash project is located in the Canning Basin of northern Western Australia. The Company has entered into a farm in agreement to explore three granted tenements and may obtain an interest of up to 80% of the project.
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