Coalspur Mines Limited (ASX:CPL) Further Strengthens Management Team With Appointment Of Mr Denis Lehoux And Mr Dermot Lane
Perth, Nov 24, 2009 AEST (ABN Newswire) - Coalspur Mines Limited (ASX:CPL)(PINK:CSPZF) is pleased to advise that it has further strengthened its management team with the appointment of two senior coal mining and development executives. Mr Denis Lehoux will join the Company as Vice President, Operations and Mr Dermot Lane will join the Company as Vice President, Development.
Mr Lehoux has been directly involved in the coal mining sector for 20 years and has over 35 years of mining experience. Most recently he was Vice President and Operations Director of SouthGobi Energy's ("SouthGobi") Mongolian operations. In this role Mr Lehoux was based in Ulaan Bataar, Mongolia for four years and was responsible for the development of SouthGobi's flagship coal mine, Ovoot Tolgoi. Prior to South Gobi, Mr Lehoux held senior positions at Grande Cache Coal, TransWest Mining Systems, Fording Coal, Westar Mining, and Denison Mines.
As Vice President, Operations Mr Lehoux will be responsible for all phases of the upcoming development work on the Hinton Coal Project ("Project"). After establishment of the Company's Hinton office in the New Year, Mr Lehoux will be based in Hinton where he will oversee the Company's 2010 field programs.
Mr Lane has spent 30 years with Elk Valley Coal where he held a variety of senior positions including Director of Corporate and Public Affairs and Director of Environmental Affairs. As Vice President, Development he will be responsible for permitting, environmental, and government affairs work on the Project. Mr Lane will be based out of the Calgary office.
The Company's Managing Director and CEO, Mr Gene Wusaty, said "We are delighted that Denis and Dermot have agreed to join the Company which is further endorsement of the Project's potential. Their extensive experience will be critical to the development of the Project and their appointments are timely given the exciting few months ahead as we complete a number of major milestones, including field programs, scoping and prefeasibility studies."
Both Mr Lehoux and Mr Lane are expected to formally commence their roles with the Company on 1 December 2009.
About Coalspur Mines Limited
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is a coal development company with approximately 55,000 hectares of coal leases located within the Hinton region of Alberta, Canada. Coalspur's flagship project is Vista, which covers approximately 10,000 hectares and provides a large scale, surface mineable, thermal coal development. Vista is located adjacent to CN Rail's main line, which is suitable for the transport of coal to deepwater ports on Canada's west coast. Coalspur has secured a port allocation agreement with Ridley Terminals Inc., which is essential to the logistics supply chain necessary to export coal from Vista to the growing demand from the Asia Pacific countries.
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