Additional Information
Market: ASX
Sector: General Mining - Gold
EPIC: SUM
Latest Price: A$0.09  (-5.56% Descending)
52-week High: A$0.27
52-week Low: A$0.09
Market Cap: A$16.20M
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Sumatra Copper & Gold
www.sumatracoppergold.com

Sumatra Copper & Gold plc (ASX:SUM) was established in 2006 to explore for, and develop, gold-silver and copper-gold mineral deposits on the Indonesian island of Sumatra. The Company has an economic interest of 92.5% in its projects. Sumatra’s assets include a mineral resource of some 2.15 million ounces of gold and 24 million ounces of silver reported to JORC Code standards, with further exploration targets identified.

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Sumatra Copper & Gold makes change to board of directors

31st Mar 2011, 4:45 am

Sumatra Copper & Gold plc (ASX: SUM) has announced Lord Daresbury has resigned as a non-executive director after holding the position since July 2007.

Also, the company has made an addition to the board with the appointment of Indonesian National Adi Adriansyah Sjoekri as a director.

He has a track record of more than 17 years' experience working for major companies such as CSR (ASX: CSR) and Newmont  (NYSE: NEM) throughout Indonesia and more recently as a successful consultant to the mining industry.

On March 28 Sumatra Copper & Gold upgraded the resource for its Tembang Gold and Silver Project, located in central Sumatra, Indonesia, to over one million ounces gold.

The updated resource allows the Pre-Feasibility Study to be completed with the scope of the project finalised for the Definitive Feasibility Study (DFS), scheduled to commence in the second half of 2011.

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