Perth, Nov 9, 2007 (ABN Newswire) - Aurox Resources Limited is pleased to announce the appointment of Mr Craig Ferrier as Chief Financial Officer.
Mr Ferrier has an extensive background in corporate finance and financial management including over 13 years serving as CFO and Company Secretary for a number of listed resource companies. Mr Ferrier has prior experience in the iron ore industry having worked for a number of years with BHP Iron Ore in the Pilbara and elsewhere.
On behalf of my fellow directors I would like to welcome Mr Ferrier to the Aurox management team and look forward to the benefits his corporate experience as the Company moves into the construction phase of the Balla Balla project.
Charles Schaus Managing Director
About AUROX RESOURCES LIMITED
Aurox Resources Limited (ASX: AXO) is a Perth based metals developer with its primary asset the 100% owned Balla Balla iron ore concentrate project. The project is located near the coast west of Port Hedland in the renowned Pilbara region of Western Australia. Aurox is well advanced in the development of Balla Balla, having commenced detailed engineering and securing orders for all long lead items such as crusher and mills. The Company has in place two 15 year sales contracts for a total of 6 million tonnes per annum increasing to 10 million tonnes per annum concentrate production in year 5 with major Chinese Steel Companies.
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