Rogue Iron Ore Appoints Ronald Mariani VP Operations
April 12 2012 - 8:08AM
Marketwired Canada
Rogue Iron Ore Corp. (TSX VENTURE:RRS) (the "Company") is pleased to announce
the appointment of Ronald Mariani, Mineral Processing Engineer, as VP
Operations. Mr. Mariani is an iron ore specialist with 32 years of experience in
the iron ore industry having worked with all Cleveland Cliffs iron mining
operations in North America. In addition to his industry operations experience,
Ron has also worked recently with mining companies in North America and Europe
as a consultant participating in or facilitating feasibility and scoping
studies, process improvement initiatives and operational reviews.
Prior to becoming an independent consultant, Ron was assistant General Manager
of Cliffs Michigan Mining which included the combined Tilden and Empire mining
operation, two processing plants, two pelletizing facilities and a railroad and
dock facility with a total operating budget in excess of $500 million. His
efforts were primarily focused on management of the processing and pelletizing
plant operations with a total annual pellet production of over 13 million tons.
Prior to assuming the role of assistant General Manager of Cliffs Michigan
Operations, Ron was a Senior Staff Engineer for Cliffs Research group during
which time he participated in a number of due diligence studies of prospective
iron ore investments for the company in North and South America and Australia.
Previous assignments included: Plant Manager for Cliffs Empire mine and
assistant General Manager of the Tilden operation. The Empire Mine is a
magnetite (taconite) operation which possesses similar mineralization to that at
Radio Hill. The Tilden operation has annual production capacity of 7.8 million
long tons of pellets and a workforce of 750-800 employees with an annual budget
in excess of 250 million dollars. While at the Empire operation he was the
General Manager; Empire at that time had 660 employees with an annual production
capacity of 5.3 million LT of pellets and an annual budget in excess of 200
million dollars.
Mr. Mariani received a B.S. in Metallurgical Engineering (Mineral Processing)
from Michigan Technological University-1975.
"There are few people with the Ron's level of North American taconite
experience, especially in operating mines, and it is a major compliment to the
Radio Hill Project to have someone of his caliber join our team. Radio Hill is
similar to the Tilden deposit which has been in production for decades and Ron
was an important part of that success. As we near completion of our resource
estimate and begin to look towards a preliminary economic assessment, Ron's
experience will be vital to ensuring work is done right. In addition to Ron's
technical experience his knowledge of the intricacies of the North American
steel industry add tremendous value as we continue to assess the domestic market
for Radio Hill material," commented Company Executive VP, Freeman Smith. "An
experienced team is fundamental to the success of any Company and investors can
expect to see announcements of other key persons in the near future."
ABOUT RADIO HILL:
Radio Hill is a taconite (magnetite) iron formation located 85 southwest of
Timmins and is accessed by Highway 101. Original exploration work at Radio Hill
was conducted in the 1960s, when iron ore prices were less than one fifth of
what they are today. Although low prices existed the project still had a
feasibility study completed and a market secured. Since that time ownership of
the asset has been fragmented and with various landholders owning various parts
of the deposit. Over the past 50 years little to no iron exploration work took
place until Rogue acquired both the historical resource and the surrounding
12,000 hectares of highly prospective ground including the 12km Nat River Iron
Formation. The property is transected by a heavy gauge portion of the CN Rail
mainline at the active Kukatush rail siding. There is power and water in the
immediate vicinity north of the present drilling.
ABOUT ROGUE IRON ORE CORP.
Rogue Iron Ore is an iron exploration and development company with offices in
Vancouver BC, and Timmins, ON. The Company's primary asset is its Radio Hill
Iron Project located 85km southwest of Timmins, Ontario.
Key Company milestones expected in the near term are:
-- Ongoing results from drilling at Radio Hill Iron Project
-- Completion of Radio Hill resource estimate
-- Announcement of JVs or other partnerships on non-core assets
-- Appointment of key personnel to technical and management teams
ON BEHALF OF THE BOARD OF DIRECTORS
Stephen de Jong, President & CEO
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Cautionary Note Regarding Forward-Looking Statements: Certain disclosure in this
release constitute forward-looking statements. In making the forward-looking
statements in this release, the Company has applied certain factors and
assumptions that are based on the Company's current beliefs as well as
assumptions made by and information currently available to the Company,
including that the Company is able to obtain any government or other regulatory
approvals required to complete the Company's planned exploration activities,
that the Company is able to procure personnel, equipment and supplies required
for its exploration activities in sufficient quantities and on a timely basis
and that actual results of exploration activities are consistent with
management's expectations. Although the Company considers these assumptions to
be reasonable based on information currently available to it, they may prove to
be incorrect, and the forward-looking statements in this release are subject to
numerous risks, uncertainties and other factors that may cause future results to
differ materially from those expressed or implied in such forward-looking
statements. Such risk factors include, among others, that actual results of the
Company's exploration activities will be different than those expected by
management and that the Company will be unable to obtain or will experience
delays in obtaining any required government approvals or be unable to procure
required equipment and supplies in sufficient quantities and on a timely basis.
Readers are cautioned not to place undue reliance on forward-looking statements.
The Company does not intend, and expressly disclaims any intention or obligation
to, update or revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by law.
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