CALGARY, ALBERTA--(Marketwire - March 29, 2012) - Morumbi Resources Inc. (TSX VENTURE:MOC) ("Morumbi" or the "Company") announces that it has hired a team headed by Eddie Mucha to provide operations management and logistics support for its Papua New Guinea ("PNG") and Bougainville operations and Andrias Kristianto to head up its planned mineral exploration programs in both PNG and Bougainville.
New Operations Team
Eddie Mucha began his career in England and was hired by Bougainville Copper Ltd. to move to Bougainville in the early stages of construction of the Panguna Mine in the early 1970s to coordinate catering and camp logistics. Mr. Mucha who speaks the local Tok Pisin language went on to have a distinguished career in logistics and camp and catering services to some of the world's most successful projects.
From Bougainville he moved to Rio Tinto's Mount Tom Price Iron Ore Mine in Western Australia; moved back to PNG in 1989 to be involved in pipeline and oil processing construction at Kutubu in the Highlands, and then on to the then Placer Dome's massive Porgera Mine nearby. He was hired as Operations Manager for the South Pacific Games in Port Moresby in 1992.
Mr. Mucha then spent seven years at Freeport McMoran's Grasberg mine in West Papua, the world's largest gold/copper mine, where he provided logistical support for general mine operations and camps to provision 17,000 workers including 51,000 meals daily from 10 kitchens manned by 700 employees.
From there he spent two years in Mongolia for Ivanhoe Mines at Oyu Tolgoi in the South Gobi region of Mongolia, approximately 550 km south of the capital and nearest supply centre, Ulaanbaatar. There he supervised construction and logistics and provisioned camps for 10,000 mine construction workers. Oyu Tolgoi is scheduled to come on stream in late 2012.
For the past two years Mr. Mucha held the position of manager of logistics at the Tujuh Bukit giant porphyry discovery on South East Java for Intrepid Mines Limited, Indonesia ("Intrepid"). Mr. Mucha's mandate included camp and facility construction, helicopter scheduling, sample preparation, transportation and provisioning for the operations. Mr. Mucha brings a vast wealth of experience as a world class operator to Bougainville for Morumbi.
Mr. Mucha's operations team, includes Tribudi Hastuti, who has a Bachelor's degree in nursing and a Masters degree in Infrastructure and Community Development. Argung Winardani, another key member of the operations team who will begin work full time for Morumbi on Bougainville in April, 2012, specializes in agriculture development. Both Mr. Winardani and Mrs. Hastuti's skills will be employed in the health and social programs underway and planned by Morumbi on Bougainville.
New Geological Team
Morumbi is also very pleased to announce that it has hired Andrias Kristianto as Chief Geologist together with his selected support team of geologists to support the Company's exploration program on its Popondetta property in PNG and in preparation for mineral exploration on Bougainville. The team will begin its operations April 15, 2012.
Mr. Kristianto was instrumental in the Tujuh Bukit giant porphyry discovery on South East Java for Intrepid. In October 2009 he was assigned as the Principal Geologist at Tujuh Bukit, and acted as the Geology Manager over twenty geologists (including both Indonesians and expatriates). He was directly involved in Intrepid's Cu/Au porphyry discovery at Tujuh Bukit, including managing, and being technical adviser on drill hole planning for thirteen drill rigs targeting 135,000m core drilling in 2011 and 2012.
Mr. Kristianto's geological team includes Benny Alizar and Hilman Sasmita, both geologists experienced in the epithermal and porphyry systems of Indonesia, which has similar geology, climate, jungle forests and terrain as found on Bougainville due to the fact that they are each part of the same ring of fire geological belt.
Morumbi will shortly be providing an update on its Bougainville activities and the progress to date in establishing a mineral opportunity base on the island in partnership with landowners.
Morumbi Resources Inc. is a public company with a light oil property in northwest Alberta as well as early stage mineral exploration licenses in PNG. Morumbi is also currently evaluating resource opportunities in Bougainville, PNG by forming strategic relationships with local Landowner companies with the view to securing mineral exploration licenses on their traditional lands. The Company trades on the TSX Venture Exchange under the symbol "MOC". For more information about Morumbi and the Company's McKinley Property and plans visit our website at www.morumbi.ca.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 release.
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