Murchison Metals Limited (ASX:MMX) Announce The Appointment Of John Langoulant As CEO of Oakajee Port And Rail

Perth, Jan 15, 2010 AEST (ABN Newswire) - Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce that John Langoulant has been appointed Chief Executive Officer of Oakajee Port & Rail ("OPR").

Mr Langoulant is a former Under Treasurer in the Government of Western Australia and Chief Executive of the WA Chamber of Commerce & Industry.

Most recently, he was Chief Executive Officer of Australian Capital Equity, the private company of Kerry Stokes.

In his new role, Mr Langoulant will oversee the development of OPR's port and rail infrastructure project to serve the mining industry in WA's mid-west region.

Murchison and Mitsubishi Development Pty Ltd each own 50% of OPR.

Murchison Executive Chairman Paul Kopejtka said Mr Langoulant's appointment represented a major boost for OPR.

"John brings outstanding experience and qualities to OPR that will deliver enormous benefits to the project as it moves through completion of the feasibility studies and locking in funding," said Mr Kopejtka.

"His extensive experience in government will also assist both OPR and the WA Government advancing the project as efficiently and expeditiously as possible.

"For many years, he managed the budget of the State of Western Australia and brings exceptional financial credentials to the role at OPR."

Mr Kopejtka also thanked Alwyn Vorster who has managed OPR in an acting capacity for the past four months.

"Alwyn has done an outstanding job for OPR and will continue to do so in his capacity of Chief Development Officer," said Mr Kopejtka.

"John tops off a world class senior management group, with the skills, experience and commercial capacity to deliver this project for all miners in the mid-west."

Contact

Paul Kopejtka Executive Chairman Murchison Metals Ltd Tel: +61-8-9492-2600