Cloudified Holdings Limited Regulatory News (CHL)

17 Apr 2009 15:46



17 April 2009

CHURCHILL MINING PLC

("Churchill" or "the Company")

DIRECTOR RESIGNATION 

Churchill Mining Plc (AIM: CHL) today announces that Mr James Hamilton has stepped down from his position as a Non-Executive Director on the Company's Board. 

Mr Hamilton has resigned from the Churchill Board to focus on his role as Executive Chairman of ASX-listed manganese and coal explorer, Spitfire Resources Limited (ASX: SPI).

Mr Hamilton, who co-founded Churchill Mining in 2005 has played a key role in assisting with the Company's listing on AIM and steering the Company's growth through his service in a variety roles - both executive and non-executive.

The Non-executive Chairman of Churchill Mining, David Quinlivan, commented: 

"James has been a driving force behind the growth and development of Churchill right from its earliest, most formative stages and, on behalf of the Board, I would like to thank him for his considerable contribution. With Churchill now firmly established on a long-term growth path, James will be focusing his energies on Spitfire Resources - something we are most supportive of given Churchill is Spitfire's biggest shareholder."

ENDS

Notes to editors

Churchill Mining Plc listed on AIM in April 2005. 

East Kutai Coal Project

In May 2007 Churchill announced a sales agreement had been entered into to purchase a 75% interest in the East Kutai Coal Project from PT Techno Coal Utama. 

Churchill has now extended the size of the project by 200 square kilometres by acquiring a 75% interest in the abutting tenements to the west of EKCP from the Investmine Group of Indonesia. Resource drilling continues along with detailed scoping and pre-feasibility work. 

In 2008 the Company released an updated JORC Resource Statement defining 1.4 billion tonnes of thermal coal reserves and resources.

END.