Jake Klein And New Team To Drive Conquest Mining Limited (ASX:CQT)

Perth, May 12, 2010 AEST (ABN Newswire) - Conquest Mining Limited (ASX:CQT) (PINK:CQMLF) shareholders have today approved the appointment of new Executive Chairman Jake Klein and Non-Executive Directors Nicholas Curtis and James Askew.

The new Board appointments also facilitate the permanent employment of a highly experienced management team, also sourced from the former Sino Gold team, including Ross Jenkins, Aaron Colleran and Charles Wang.

The Board appointments have resulted in a number of other Board changes, as follows:

- Mr John Terpu, Mr Bruno Firriolo and Mr Joe Radici have stepped down from the Board, effective immediately;

- Existing Chairman, Mr Rich Krasnoff, will continue with Conquest as Non Executive Director, as will Non Executive Directors Mr Doug Stewart and Mr Paul Marks;

- Mr Klein replaces Managing Director, Mr John Terpu. Mr Terpu's employment as an executive has now ceased; and

- Mr Firriolo's employment as an executive has now ceased.

The new Board and Mr Klein thank the outgoing directors for their contributions to the development of the Company to this point, and wish them well for their future endeavours.

Contact

Conquest Mining Limited Tel: +61-8-9240-4111 Email: admin@chellingtons.com.au www.conquestmining.com.au