28 April 2010
BERKELEY RESOURCES LIMITED
Mr Henry Horne appointed Chief Financial Officer
The Board of Berkeley Resources Limited is pleased to advise that it has engaged Mr Henry Horne to become the Chief Financial Officer of the Company. He will assist in leading Berkeley through completion of the feasibility study, development of the Salamanca Uranium Project and growth of the Company itself.
Mr Horne is an outstanding international mining executive who holds a degree in Financial Accounting and Business Economics from the University of Stellenbosch (South Africa) and has more than 28 years' experience in the mining industry. This experience includes senior executive postings at mines in Namibia, South Africa, Ghana, Bulgaria, Chile and Russia with companies including Gold Fields, Kinross Gold, Navan Mining and Highland Gold.
Mr Horne has wide general management experience with strong financial, administrative and people management skills enhanced by confident negotiating abilities. He has extensive experience of African, Eastern European, Russian and North American financial best practices. In addition he also has comprehensive technical and financial knowledge and work experience within the gold and base metal mining industry including the development of greenfield sites and the preparation of feasibility studies and mine plans.
Commenting on the appointment, Mr Ian Stalker, Managing Director of Berkeley Resources, said "Henry brings to Berkeley a wealth of experience in international mining finance and management. He is an ideal executive to manage the legal and administrative operations of the Company and the critical financing arrangements necessary to take the Salamanca Uranium Project from development to mid-tier uranium producer. This Spanish based appointment represents another step in growth of our Company."
Enquiries - Managing Director: Ian Stalker Tel: +34 608 221 497
RBC Capital Markets: Martin Eales Tel: +44 20 7029 7881