Newgenco Pty Ltd is pleased to announce that Dr Danielle Giovenazzo has joined the Board of the company to manage exploration for its North American company and to lead development of new initiatives in West Africa.

In addition, Danielle has taken positions on the Boards of Newgenco Exploration (North America) Limited and Newgenco Exploration (Fennoscandia) Pty Ltd.

Danielle is a Canada-based geologist with over 27 years of nickel sulphide experience in both brownfield and greenfield exploration in North America, South America, Africa and Australasia with Falconbridge, Xstrata Nickel and Castillian Resources.

Her extensive project generation activities led to acquisitions of new high quality Ni-Cu projects for Falconbridge. She also participated in the discovery of significant new nickel resources in the Raglan mining camp, Northern Quebec.

Outside of Newgenco, Danielle will maintain consulting activities in regions not affected by her Newgenco exclusivity agreements.

The Board of Newgenco Pty Ltd regrets to announce the resignation of Dr Steve Beresford and Grant ‘Rocky’ Osborne from the Group.

Steve Beresford has joined Melbourne-based Minerals and Metals Group (MMG) as Project Generation Manager – Nickel.

Rocky Osborne has joined Tennant Creek-focused Emmerson Resources.

We wish Steve and Rocky good fortune and success in their new roles.

The Board of Newgenco is pleased to announce that Dr Danielle Giovenazzo has joined the company to assist development of its new ventures.

Danielle is a Canada-based geologist with over 27 years of nickel sulphide experience (Falconbridge, Xstrata Nickel, Castillian Resources) in both brownfield and greenfield exploration and project management in North America, South America, Africa and Australasia.

Her extensive project generation activities led to acquisitions of new high quality Ni-Cu projects for Falconbridge. She also participated in the discovery of significant new nickel resources in the Raglan mining camp, Northern Quebec.

Outside of Newgenco, Danielle will be maintaining consulting activities in regions not affected by her Newgenco exclusivities.

The Board of Newgenco is pleased to announce that Mr Grant (‘Rocky’) Osborne has joined the company to assist development of one of its new ventures.

Rocky has an enviable track record (BP / Seltrust, WMC, Albidon / Mitchell River Group) as a successful explorer, being responsible for discovery of the Rocky’s Reward nickel mine in Western Australia (0.33 million tonnes of contained Ni), as well as gold and nickel deposits in Brazil.

Outside of Newgenco, Rocky will be maintaining his role as Chief Geologist of Mirabela Nickel Limited, focused on development of this exciting new Brazilian discovery.

Two of the Newgenco team will be in Toronto at the beginning of March for PDAC 2009.

John Simmonds – Managing Director of Newgenco Pty Ltd and President of Newgenco Exploration (North America) Ltd.

Rebecca Sproule, Director of Newgenco Pty Ltd.

If you are would like to set up a meeting, please contact us through the links here. On arrival in Toronto, John’s local cell phone is (416) 841 3250