Thomas M. Conway Appointed to i-minerals Board of Directors
VANCOUVER, BRITISH COLUMBIA, Sep. 29, 2010 (Marketwire) -- i-minerals inc. (TSX VENTURE:IMA)(PINK SHEETS:IMAHF) ("the Company") is pleased to announce the appointment of Mr. Thomas M. Conway to the board of directors of the Company. Mr. Conway, who holds a B.S. - Mining Engineering (University of Minnesota) and later attended Harvard Business School's Executive MBA program, brings to the Company significant expertise in permitting, feasibility and mining . He is a results-oriented executive with 20 years of diverse experience largely with Newmont Mining Corporation ("Newmont") in operations, general management, environmental affairs and risk management. His experience covers domestic and international assignments in open pit and underground operations where he has a record of successfully implementing plans to enhance operations through improved cost control and productivity innovations while maintaining safety and environmental standards.
During his tenure at Newmont Mr. Conway serves as Vice President Risk Management where he developed corporate risk management strategies relating to health and safety; environmental; internal audit and legal aspects of mining operations. Prior to this he was Vice President / General Manager Carlin Operations where he was responsible for the profit and loss ("P&L") of a 2 million ounce per year operation with 1,600 salary and hourly employees. The operation included five open pit mines, three underground mines and three metallurgical facilities. Before moving to Carlin Mr. Conway served as Vice President / General manager Minera Yanacocha where he was responsible for the P&L and the Business/Social Development initiatives. Under his guidance Yanacocha expanded gold production from 300,000 ounces to 1.2 million in 3 years at the same time salaried and hourly employees grew from 1,500 to 6,000 employees. Prior to being promoted to VP and General Manager of Yanacocha Mr. Conway served as assistant General Manager at Yanacoha where he was responsible for the start up of two metallurgical plants and three open pit mines. This was done ahead of schedule and under budget. Mr. Conway achieved a strong understanding of the permitting process though time served as Manager, Environmental Affairs - Carlin Operations where he was responsible for the compliance and permitting at the Carlin operation and negotiations with the EPA and the State of Nevada regulators.
More recently Mr. Conway has undertaken a number of consulting assignments that have allowed him to spend time closer to his family.
"All of us at i-minerals are thrilled to have an individual of Thomas Conway's stature join our board of directors where his experience and expertise can help push our Helmer Bovill project through the permitting and feasibility stage and into production," stated Roger Kauffman, President and CEO of i-minerals inc.
i-minerals inc.
Roger Kauffman, President & CEO
This News Release includes certain "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. Actual results could differ materially from those projected as a result of the following factors, among others: changes in the world wide price of mineral market conditions, risks inherent in mineral exploration, risk associated with development, construction and mining operations, the uncertainty of future profitability and uncertainty of access to additional capital.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
i-minerals inc. 877-303-6573 or 604-303-6573 info@imineralsinc.com www.imineralsinc.com Encompass Communications Inc. info@encompassinc.ca
Source: Marketwire Canada (September 29, 2010 - 12:30 PM EDT)
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