HONG KONG, CHINA -- (Marketwire) -- 03/30/11 -- Alexander Molyneux, President and CEO of SouthGobi Resources Ltd. (TSX: SGQ)(SEHK: 1878) is pleased to announce Curt Church, previously Vice President, Mining Operations has been appointed the company's new Chief Operating Officer, effective immediately. Mr. Church will continue to be based in Ulaanbaatar, Mongolia, and will be responsible for managing the company's coal mining and exploration operations.
Mr. Church has been the Vice President, Mining Operations since October, 2010 and was previously General Manager of the Ovoot Tolgoi Coal Mine in southern Mongolia for more than two years. Mr. Church has more than 16 years experience in the mineral resources industry, including more than six years of experience working at various mining operations in Mongolia.
'Curt has developed exceptional leadership skills within our organization,' said Mr. Molyneux. 'The new role of Chief Operating Officer is recognition of his leadership and ability to think strategically about the business we are building into a leading coal miner.'
About SouthGobi Resources
SouthGobi Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia's South Gobi Region. The company's flagship coal mine, Ovoot Tolgoi, is producing and selling coal to customers in China. The company plans to supply a wide range of coal products to markets in Asia.
Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, plans to supply a wide range of coal products to markets in Asia; and other statements that are not historical facts. When used in this document, the words such as 'plan,' 'estimate,' 'expect,' 'intend,' 'may,' and similar expressions are forward-looking statements. Although SouthGobi believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are disclosed under the heading 'Risk Factors' in SouthGobi's Management Discussion and Analysis of Financial Condition and Results of Operations for the year ended Dec. 31, 2010, which is available at www.sedar.com.
Contacts:
SouthGobi Resources Limited
Matthew O'Kane
Vice President Commercial Operations (Hong Kong)
+852 2156 7012
SouthGobi Resources Limited
Steven Feldman
Investor Relations Manager (Vancouver)
+1 604 331 9813
www.southgobi.com
