re: Ann: Draig Appoints International Coal Ex... ASX Announcement
6 March 2012
DRAIG APPOINTS INTERNATIONAL COAL EXPERT TO ADVISORY BOARD
Draig Resources Limited (ASX: DRG) (“Draig”, or the “Company”) is pleased to announce it
has appointed leading coal consultant Mr Stephen Gye as the first member of the
Company’s Independent Advisory Board.
Draig is establishing an advisory board to assist in the strategic, technical, and financial
evaluation and development of the Company’s business.
Mr Gye is a widely known authority within domestic and international coal markets. A
qualified geologist, Mr Gye currently operates his own Sydney-based independent coal
consulting and advisory business.
He has over 40 years’ experience in the coal industry, with a strong background in sales and
marketing, business analysis, project management, exploration, mine geology, coal
utilisation and trading. He has extensive relationships with Japanese and Asian steel mills
and has been highly successful in developing sales in major international coal markets and
the Australian domestic market.
Mr Gye was previously executive director and vice president of coal consulting with Barlow
Jonker (now Wood Mackenzie).
He has also held a number of senior operational roles with Oakbridge, Savage Resources,
McIlwraith McEacharn Limited, Kennecott Limited, and BHP Steel.
He holds a Bachelor of Science (Geology) from the University of New South Wales, and is a
member of the Australian Geological Society.
Draig said the formation of the Independent Advisory Board represents a major step in the
development of its business and it is extremely pleased to be able to bring Mr Gye’s
expertise and extensive network into the Company.
Further appointments to the Advisory Board are expected as appropriate.
--ENDS--
Mark Earley Jane Grieve
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