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Conquest Mining Limited - Appoints David Hewitt As Senior Exploration Manager

08.06.2010  |  ABN Newswire
12:14 AEST June 8, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved.

Perth, Australia (ABN Newswire) - Conquest Mining Limited (ASX: CQT) (PINK: CQMLF) is pleased to announce the appointment of David Hewitt as Senior Exploration Manager.

Mr Hewitt was formerly the Senior Geologist based in Townsville with Gold Fields Australasia Pty Ltd ('Gold Fields') and managed the exploration carried out by Gold Fields at the Mt Carlton regional joint venture.

The Mt Carlton regional tenement area was subject to a joint venture between Conquest Mining and Gold Fields between July 2007 and March 2010. During this time Gold Fields completed extensive reconnaissance work, including approximately 17,400m of drilling, over the Mt Carlton regional tenements and identified numerous targets under the guidance of Mr Hewitt.

Commenting on the appointment, Conquest Executive Chairman, Jake Klein said:

'We are delighted with the addition of David Hewitt to our team. He brings a wealth of experience and understanding to our exploration effort in the Mt Carlton area, having previously managed the exploration program for Gold Fields.

I am particularly pleased that his appointment has been strongly supported by his previous employer and our major shareholder, Gold Fields.'

A new phase of exploration drilling at Mt Carlton commenced in May 2010. The immediate strategy is to add high-grade tonnes to the reserve inventory within the Silver Hill mining lease application area. A range of targets, from grass roots through to advanced, are also being followed up in the surrounding Mt Carlton tenements where the strategy is to discover satellite deposits which would feed the Silver Hill plant.

Mineralisation styles across the project range from porphyry associated stockworks and replacement through to high and low sulphidation epithermal veins. The following targets will be drill tested during the current field season:

- Boundary - low sulphidation epithermal vein array that has returned rock chip assay results of 9.9g/t Au, 6.8g/t Au and 5.6 g/t Au.

- Capsize - similar geological characteristics to the Silver Hill deposits.

- Strathmore - possible porphyry copper mineralisation indicated by excellent copper results from surface soil sampling (16 samples above 500ppm Cu) and a geophysical (IP chargeability) anomaly at depth.

- Glenking - low sulphidation epithermal vein array that has returned recent rock chip assay results of results of 10.8 g/t Au, 9.7 g/t Au and 6.9 g/t Au.


About Conquest Mining Limited:

Conquest is an Australian based and listed mining company with a focus on activities in north Queensland. The company has a 100% interest in the Mt Carlton gold-silver-copper project, near Townsville, that is being advanced towards development. Work to optimise the project and a review of the proposed process flowsheet is underway.

Conquest is a growth oriented company that has the focus and ability to deliver a growth plan to achieve mid-tier market status and to take advantage of the benefits available to a company of this status. Conquest will seek to deliver this growth through successful development of its Mt Carlton project and by acting on consolidation opportunities in the relatively fragmented and poorly funded junior market sector.



Contact:

Jake Klein
Executive Chairman
Conquest Mining Limited
+61-411-422-474
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