owen hegarty resignation - paul fowler appoint

Resignation and Appointment of Director

Thursday, 24 June 2010 16:23
Board_Announcement_24_June_2010.pdf

Range River Gold Limited wishes to announce the resignation of Mr. Owen Hegarty as a Director of the Company effective 30 June 2010.

Mr. Hegarty has helped to guide the company since its incorporation in July 1994. He believes his spread of activities now precludes him from making a full and fair contribution to Range as a Director. He will continue to be a very strong supporter and shareholder. Mr Hegarty said:I have been privileged to work with so many good people at Range over these past many years Directors, staff, all stakeholders. Range is well set up with good people, good projects and sustainable gold production. The Company is in excellent shape now to become a solid gold producer with realisable ambitions to join the mid-ranks.

The Chairman of Range River Gold Limited, Dr. Kevin Tuckwell, thanked Mr. Hegarty for his significant contribution. Mr. Hegartys outstanding contribution to the Company saw it grow from a minor explorer to develop mines and bring them into gold production. The Board is pleased that he remains a major shareholder in the Company.

The Board also announces the appointment of Mr. Paul Fowler as a Director of the Company from 1 July 2010.

Mr. Fowler has broad international experience in commodity businesses, including mining, smelting, plantation forestry and downstream petroleum. He has held executive positions in general management, strategic planning, M&A, finance and engineering. Most recently he has been the founding CEO of Nyrstar, COO of Zinifex and CEO of Fletcher Challenge Forests. He was a key contributor to the successful IPO of both Nyrstar and Zinifex. Paul holds a BSc degree in marine engineering, an ME degree in nuclear engineering, and an MBA.



Kevin Tuckwell

Chairman