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February 15, 2010 DIRECTOR APPOINTMENTS
London: 15 February, 2010, Arabian Gold Corporation plc ("Arabian Gold" or the "Company") the private gold exploration company focussed on the Arabian Shield announces the appointment of John Gray as acting Chief Executive Officer and the appointment of Gulaid Gulaid as a director.
John Gray is a geologist with BSc in Mining Geology from the Royal School of Mines. He has over 18 years of experience and has run exploration projects in South America, Canada, eastern Europe and Africa for both major and junior companies. Most recently he was President & CEO of TSX-V listed African Aura Resources Ltd and was instrumental in the company's successful merger in 2009 which created African Aura Mining Inc. With seven years experience of gold and copper exploration in the desert of northern Chile and with an understanding of Arabic he is extremely well placed to understand and overcome the challenges of exploration in the Arabian Shield.
Gulaid Gulaid is Deputy CEO of Saudi Canadian Mining Services which has been providing drilling and mining services to the minerals sector in Saudi Arabia for over 13 years. He has a BSc and MSc in Economics from the University of Surrey and Royal Holloway University of London respectively, and is a member of the Institute of Chartered Financial Analysts. He is also a member of the Canadian Diamond Drilling Association and the National Drilling Association.
John Gray, Chief Executive commented:
"I am immensely enthusiastic about the geological opportunity in Saudi Arabia which is similar in scale to the western Australian goldfields. The country has enormous mineral endowment and the potential to host several new multi-million ounce gold deposits. I look forward to working with my fellow directors to build Arabian Gold and I take this opportunity to welcome Gulaid Gulaid to the board."
On behalf of the Board of Arabian Gold plc.
John Gray
Chief Executive
Arabian Gold Corporation