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Hana Mining Ltd. announced that it has appointed Mr. Adrian Hutchings as Technical Manager - Mining of the Ghanzi Copper-Silver Project.
Mr. Hutchings has decades of experience as a mining engineer in the development and management of mining projects in southern Africa. Mr. Hutchings' most recent experience was with Zimplats Holdings Limited where he spent over 10 years, most recently as the Group Consulting Mining Engineer, and was responsible for the planning, commissioning and management of Zimplats' open-pit operations and their four underground mines in Zimbabwe. Prior to working for Zimplats, Mr. Hutchings spent over 30 years as a mine manager for Anglo American PLC developing and operating mines in southern Africa. Mr. Hutchings has considerable experience in developing and mining discrete and challenging ore bodies in southern Africa. Mr. Hutchings will be based in Johannesburg, South Africa where Hana is setting up a technical office to manage the engineering and development of the Ghanzi Project. Mr. Hutchings has been granted 200,000 incentive stock options exercisable at a price of $1.55 per share expiring on October 21, 2016. All securities issued upon exercise of the Options are subject to a hold period expiring four months after the date of grant. The subject Options will vest upon the successful completion of certain project and corporate objectives. The Options are subject to the terms and conditions of the Company's Stock Option Plan. Hana Mining's new Project Director, Adrian Hutchings, commented as follows: "I look forward to working closely with the development team at Hana which is developing what could be a world-class copper-silver asset at the Ghanzi Project. The opportunity to build this asset will likely be the crowning achievement in my long career in the mining industry." Hana Mining's CEO and Chairman, Marek Kreczmer, commented as follows: "I am extremely pleased that we have been able to assemble such a highly capable technical team which will be based in Johannesburg, South Africa which is only a two-hour flight from the project site and allows our team to employ a hands-on approach at the Ghanzi Project. Already, Mr. Hutchings in collaboration with, Mr. Rob Dey, our Project Director, and Mr. Sas Burgers, our Chief Geologist, has already started work on the development of a standalone mining project at the Banana Zone which we expect to a be highly viable endeavor. I am also comforted by the fact that Mr. Hutchings and Mr. Dey have worked extensively together in the past in developing world-class mining assets in southern Africa." |