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Queensland Mining Corporation Limited Appoints Brian Rear As Non-Executive Director

19.05.2011  |  ABN Newswire
14:06 AEST May 19, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved.

Sydney, Australia (ABN Newswire) - Queensland Mining Corporation Limited (ASX: QMN) is pleased to announce the appointment of Mr. Brian Rear as non-executive director.

Mr. Brian Rear is a graduate of the Western Australian School of Mines (AWASM Metallurgy), The Royal School of Mines (MSc London, DIC, Mineral Process Design) and holds a Masters Degree in Business Leadership (MBL) from the Business School of the University of South Africa. He is a member of the Australian Institute of Company Directors, MAICD.

Brian has extensive work and management experience in Australian, Papua New Guinea, the United Kingdom, Africa and Asia. He has first hand experience in copper processing and metallurgical recovery, gold, uranium, base metals, thermal coal, mineral sands and industrial minerals.

In his 40 years in the industry Brian has a wide range of experience from plant operator to chairman of the board, including periods with Rio Tinto (NYSE: RIO) (ASX: RIO) and Anglovaal Limited in South Africa.

Brian was a founding director and CEO of Straits Resources Limited from 1991 until 2002 a successful copper, gold and coal mining, exploration and production group in Australia and Asia.

Mr. Howard Renshaw, Managing Director of Queensland Mining Corporation Limited said: \'Brian brings a rare combination of technical, managerial and financing experience, having financed and developed 3 copper heap leach SX-EW copper projects into successful operations over the past 15 years. Mr. Rear has accumulated significant experience in the development and in the operation of copper heap leach SX-EW projects, which included feasibility studies and project finance.

\'In addition to his role as a non-executive director Brian will also provide management oversight to the board and the Managing Director with a particular focus on assisting in the development of the company\'s copper and gold projects in the Cloncurry region.\'

Mr. Renshaw also said \'I am looking forward to working with Brian in unlocking the value of QMC copper and gold projects\'.

Mr. David Usasz, the Chairman of Queensland Mining Corporation Limited said: \'We are extremely fortunate that we have someone with Brian\'s impressive background joining our board as the company embarks on the exciting development of its core copper asset at White Range, south Cloncurry and its other projects\'.


About Queensland Mining Corporation:

Queensland Mining Corporation Ltd (\'QMC\') (ASX: QMN) is focused on the exploration and development of its suite of copper and gold projects in the Cloncurry region of northwest Queensland.

QMC is confident that early cash flow can be achieved from its Flamingo Copper Project and the Mount Freda / Gilded Rose Gold Projects. In conjunction with this development, high impact exploration is being undertaken for large IOCG style deposits (e.g. Ernest Henry and Olympic Dam) on the company's Morris Creek and Jessievale properties.

The Cloncurry south project area includes the White Range Project has provided QMC with a large JORC compliant resource, that will provide the basis for a long life mining operation in the Cloncurry region. This purchase offers synergies with the existing QMC mining lease and exploration portfolio and ensures that the company will achieve its goal of being a major mining entity within the short to medium term.



Contact:

Howard V. Renshaw
Managing Director
Queensland Mining Corporation Limited
http://www.qmcl.com.au
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