Friday, October 28, 2011

Li3 Energy (LIEG) Makes Appointments to Its Board of Directors

Li3 Energy Inc. is a South American-based exploration and development company in the lithium and minerals sector. The company announced today that it has appointed three senior mining and business executives, with over 100 years of combined experience, to serve on its Board of Directors.

Patricio Campos joins Li3 with over 39 years of experience in project exploration, evaluation, technical and economic preparation. His mining experience includes working with copper, gold, boron and potassium chloride projects, along with non-metallic minerals such as coal, phosphate and lithium brines. He is currently the CEO of Algorta Norte S.A.’s iodine project. Mr. Campos has worked previously for well-known companies in the sector such as Phelps Dodge, Anglo American, Codelco of China, and Sociedad Quimica y Minera de Chile (SQM).

Mr. Eduardo de Aguirre comes to Li3 bringing over 35 years of experience in business development, project management and finance. Since 2007, he has served as legal representative to General Dynamics Installation Services in Chile. In addition, since, 2005, Mr. de Aguirre has acted as consultant and sales representative for Latin America to General Dynamics SATCOM Technologies.

Mr. Alan Frasier joins the Li3 board with over 24 years of experience in engineering business development specifically for mining projects, process plants, power plants, petrochemical process plants, infrastructure and environmental assessments. Currently, he is a managing director and a shareholder of P3 Consultores S.A. This company is a project management services company that provides risk administration to clients in the mining industry such as Anglo American and Colahuasi. Mr. Fraser also was employed by engineering firm Flour in Chile where he worked closely with major mining companies like BHP Billiton, Rio Tinto, Xstrata and Barrick Gold.

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