East Asia Minerals Corporation (TSX VENTURE:EAS) is pleased to announce that it has improved its investor relations team with two new appointments. Michael McAllister has been appointed as Manager of Investor Relations and the Company has also contracted with the Faye Cortellini Consulting Group, a boutique Investor Relations firm based in Europe, to assist EAS in its investor relations efforts. This team bolsters the Company’s previous efforts and will provide much needed assistance working on the presentation of EAM to its shareholders and future investors.
Having slipped into Cash King territory (about $15 million cash at June 30, 2012 vs roughly $18 million market cap), and trading back where it was in December 2008 before the massive run-up to $8, East Asia is trying hard to get its groove back. Normally this would hardly be worth mentioning except for the recent appointment of Dave Anthony as Chief Operating Officer:
Mr. Anthony will be first and foremost responsible for the development of the Miwah Gold project, located in Indonesia … Mr. Anthony has more than 30 years of engineering and environmental experience in the mining industry. Recently, he worked with Barrick Gold Corp. as Chief Operating Officer, responsible for African Barrick Gold (ABG) Mines & Capital Projects. He also has held general management positions with Barrick’s gold and copper operations in Tanzania, directing the design, commissioning and operation of greenfield projects. Mr. Anthony also completed designs for mining companies across the globe while a senior metallurgist for SNC-Lavalin Engineers & Constructors Ltd., a leading Toronto-based engineering and construction group. Mr. Anthony is a graduate of Queens University and holds a Bachelor of Science in Mining Engineering.