Marenica Energy (ASX:MEY) CEO John Young Speaks at the Trading and Investment Expo in Brisbane
Brisbane, July 1, 2010 (ABN Newswire) - FINANCE VIDEO: Marenica Energy (
ASX:MEY) CEO John Young Speaks at the Trading and Investment Expo in Brisbane.
John Young (B App Sc (Geol), Grad Dip Tech Management, MAUSIMM, AICD) is a geologist with experience in resource project management. He is a Member of the Australian Institute of Mining and Metallurgy and the Australian Institute of Company Directors and has worked on a wide variety of mineral and resource projects throughout Australia in operational and management roles.
View the Video here:
http://www.abnnewswire/press/en/63208/Marenica
Mr Young has held senior management and operational positions at Arrow Resources Management Pty Ltd (management arm of Rothschild), Haddington Resources Ltd, and most recently as CEO and Director of AIM and ASX listed Thor Mining PLC, a company focused in specialty metals.
Marenica Energy Limited is an Australian Stock Exchange listed company with its major focus being the discovery and development of uranium deposits. The Company's principal asset is the Marenica Uranium Project located in the uranium rich Damara Province in Namibia.
The project covers 527sq km, with high prospectivity for both secondary and primary uranium deposits. Marenica Energy Ltd's strategy is to focus on the evaluation of the Marenica Project as well as to identify and acquire other uranium opportunities globally.
About Marenica Energy Limited
Marenica is an Australian listed exploration company with two broad areas of focus, uranium exploration and integration of our patented beneficiation process called U-pgrade(TM).
Our two uranium projects, the Marenica Uranium Project and Mile 72 Uranium Project, both located in Namibia, jointly cover around 350 square kilometres in a globally-recognised Erongo uranium province, and home to several world class uranium deposits including Trekkopje and Rossing. The Marenica Uranium Project has a large inferred uranium resource of 61 million pounds.
U-pgrade(TM) is Marenica’s patented disruptive beneficiation process. Marenica believe it can revolutionise surficial uranium processing by reducing processing capital and operating costs by ~50% and making lower-grade projects much more competitive and financially viable.
