WML – Woomera Mining | Aussie Stock Forums

Re: AIW – Australian-American Mining Corporation

AIW has appointed Canadian Simon Jackson to it’s board to aid in it’s proposed TSX listing, announced in a release to the market on 3rd March 2011. Jackson’s pedigree is covered on p4.

http://www.asx.com.au/asxpdf/20110303/pdf/41x6t6mr9n7kjw.pdf

Further research has turned up this, detailing his involvement in Red Back Mining, from the discovery of the Chirano Gold Project in Ghana to the eventual takeover of Red Back for nearly $9b.

“Simon Jackson is a Chartered Accountant with over 20 years experience in the gold industry. Most recently, Mr Jackson was Vice President – Corporate Development with Red Back Mining Inc (“Red Back”). His 11 year tenure with Red Back commenced with the 1999 discovery of the Chirano Gold Project in Ghana and his initial role with Red Back was as Chief Financial Officer.

In this position, Mr. Jackson organized project financing for Chirano and oversaw finances during the 14 month construction of the mine through to the first gold sale in late 2005. He drove the process by which Red Back become a Canadian company and listed on the TSX.

As Red Back grew, Mr Jackson moved full time into the corporate development role. Red Back was active in the merger & acquisition space with profitable investments in peers, the successful acquisition of the Tasiast project in Mauritania and a friendly deal with Moto Goldmines which was ultimately sold to a higher bidder.

Red Back was acquired by Kinross Gold Corporation in September 2010 in a transaction approaching $9 billion, the fourth largest gold transaction in history.

Mr. Jackson lives in Vancouver, Canada with his wife and four children.”

I find this particularly heartening, despite recent SP weakness, considering AIW will be focusing on the San Marcos gold project.

The other appointment is Don Falconer, another Canadian based director, whose expertise lies more with the uranium side of things.

“Don Falconer is a uranium veteran and a seasoned senior executive with extensive industry experience in the mining and electric utility sectors, including:

– 30 years in a variety of senior management positions in both the uranium mining and nuclear utility sectors.

– 13 years on Boards of uranium mining companies as a Director and Corporate Secretary.

– In-depth knowledge of the nuclear fuel cycle/uranium market.

– A track record of contributing dedicated effort, skills and experience to assisting the development of start-up and junior mining companies.

Mr. Falconer has worked at Fronteer Gold’s subsidiary, Aurora Energy Resources, as Vice President-Corporate Development with responsibilities for investor relations, uranium market analysis, uranium marketing and off-take sales and communications with the Michelin Project host communities, as a Director at Energy Fuels Resources, at Uranium One Inc as VP–Investor Relations and Marketing, as Vice President – Corporate Development, Director, and Corporate Secretary at Southern Cross Resources and prior to that in a number of managerial positions at the corporate and business unit levels in various divisions of Ontario Hydro (now Ontario Power Generation) including as a member of the nuclear executive team working directly with the Managing Director of the nuclear division.

Mr. Falconer resides in Toronto, Canada.”

AIW, more to the point Jim Malone, is coping an absolute pasting on HC, and admittedly my initial investment is down, but i will hold the faith and am confident about San Marcos, though if SM turns out to be a turkey i am out.

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