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Wednesday, 03/17/2004 9:13:21 AM

Wednesday, March 17, 2004 9:13:21 AM

Post# of 42
Anatolia Hires Douglas Tobler As CFO

TORONTO, ONTARIO--

New CFO will focus on administrative issues while executing
aggressive marketing program to broadcast Anatolia's story.

Anatolia Minerals Development Limited (TSX: ANO.U; "Anatolia") is
pleased to announce the appointment of Mr. Douglas Tobler,
Denver, Colorado, as full-time Chief Financial Officer (CFO) to
the company, replacing John Powers, who has served ably as
part-time CFO since founding of the company. Presently President
of Falcon Strategic Partners, Mr. Tobler has previously served as
CFO to ECOMM Systems Corporation and General Minerals
Corporation. In addition to administering all the normal CFO
functions, his prior experience includes responsibility for
compliance and tax issues, joint venture administration,
marketing and oversight of corporate issues and policies. Doug
was deeply involved in Investor Relations at both ECOMM and
General Minerals, including the planning and participation in a
series of road shows, public and private placements and company
marketing campaigns.

"Doug is a valuable addition to our management team. He is a
dynamic individual who will play an important role from day one
and allow us to manage the exponential growth before us as we
develop our 4 million ounce Copler project, continue and expand
joint exploration with Rio Tinto Mining & Exploration Limited
(Rio Tinto) and develop the exciting portfolio of wholly-owned
prospects inTurkey. We will also save money by having Doug
administer several functions presently handled by outside
groups.", said Richard Moores, President of Anatolia. "Doug's
experience and ability in Investor and Public Relations will let
us get our exciting story out, so we can get market recognition
for the tremendous value and upside our company represents to
investors. Together with members of the Board and consultants,
Doug will develop and execute an aggressive marketing campaign.
Doug will work closely with Co-Chairman Tim Haddon and me near
Denver, Colorado, beginning in early April."

Anatolia has been engaged in minerals exploration in Turkey since
1996. In January, 2004, Anatolia increased its interest in the
4-million ounce Copler project to 100%. Anatolia plans to
fast-track drilling and engineering of the shallow leachable
portion of the Copler resource to reach an early decision on an
open pit gold operation. On January 8, 2004, Anatolia farmed out
the Uckapili gold prospect to Aldridge Minerals Inc., a Canadian
exploration company. Separately, the Anatolia/Rio Tinto JV has
opted to discontinue exploration at the Kirinti gold prospect
following receipt of drilling results.

In April, 2000, Anatolia and Rio Tinto formed a 4-year strategic
alliance to seek base and precious metal deposits in Turkey. In
November, 2003, the alliance was extended through year-end, 2007.
To date, Rio Tinto has funded nearly US$12 million for JV
exploration ($5 million at Copler). Rio Tinto is currently
earning into three prospects in Turkey, each requiring
expenditures of US$10 million, completion of an order of
magnitude study and payment of US$1.5 million for Rio Tinto to
earn a 66.67% interest. Anatolia continues to add value to
shareholders through this joint venture arrangement.

Anatolia currently has 40.2 million common shares issued and
outstanding, 47.2 million fully diluted. For more information:
Richard C. Moores, President, (303) 670-9945/9947 (fax), or
George Duggan, Investor Relations, (818) 542-6880/249-7024 (fax),
or visit www.anatolia-minerals.com. Anatolia trades on the
Toronto Stock Exchange in US dollars as ANO.U.

This news release may contain forward-looking statements in
respect of various matters including upcoming work programs and
events. The results or events predicted in these forward-looking
statements may differ materially from actual results or events.
Anatolia disclaims any obligation to update or revise any
forward-looking statements, whether as a result of new
information, future events or otherwise. Assays are performed by
OMAC Laboratories, Ireland, with quality control of sampling,
preparation and assaying overseen jointly by Rio Tinto and
Anatolia whose President, Richard C. Moores, is a "qualified
person" for the purposes of applicable Canadian securities
regulations



-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Anatolia Minerals Development Limited
Richard C. Moores
President
(303) 670-9945
(303) 670-9947 (FAX)
or
Anatolia Minerals Development Limited
George Duggan
Investor Relations
(818) 542-6880
(818) 249-7024 (FAX)
www.anatolia-minerals.com


Ed

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