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Distributed: Dec 18, 2009

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Perth, Dec 18, 2009 (ABN Newswire) - Conquest Mining Limited (ASX:CQT)(PINK:CQMLF) are pleased to announce the appointment of Paul Marks, BEng(Chem), MAppFin, as a Non-Executive Director of the Company.

Mr Marks' has 35 years of experience across a range of industries from foreign exchange and commodities trading, oil and gas downstream production and chemical hydrocarbon processing.

Mr Marks commenced his professional career as a Chemical Engineer with Dow Chemicals at the hydrocarbon processing plant in Tsing Yi, Hong Kong - Chinese New Territories.

Following a move to Royal Dutch Shell in Australia, Mr Marks gradually transitioned from engineering to finance.

Mr Marks has previously held the positions of Vice-President of Foreign Exchange with Prudential-Bache Securities and Senior Foreign Exchange Strategist with National Australia Bank.

Since the mid-1990's Mr Marks has led a number of private ventures ranging from property sub-divisions and developments, listed and unlisted equity investments and proprietary trading in commodities, both physical and derivatives.

Mr Marks has been a shareholder in Conquest Mining for several years and, since 16 March 2009, has been a substantial holder.

Conquest's Managing Director, John Terpu, welcomed Mr Marks' appointment, saying it was part of the evolutionary process for the Company which added significant commercial and technical strengths to the Conquest board.


About Conquest Mining Limited

Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) 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. Optimisation studies and a review of the proposed process flowsheet are underway and a development decision is expected in the December quarter of 2010.

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

John Terpu
Managing Director
Conquest Mining Limited
Tel: +61-8-9240-4111
Email: john@chellingtons.com.au


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