Orminex Ltd
Mr Michael Foulds holds a Bachelor of Engineering in Mining Engineering, First Class Mine Managers Certificates in both Western Australia and the Republic of Fiji and is a Member of the Australian Institute of Company Directors. Mr Foulds worked as a Mining Engineer and Mine Manager at various operations between 1985 and 1995 following which he became both a major shareholder and Company Director in a number of private enterprises.
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Orminex Ltd
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Orminex Limited, formerly Mintails Limited, is an Australia-based company engaged in the processing and recovering of gold from both tailings and surface resources, which are present on the West Rand of South Africa's Witwatersrand basin. The Company's projects include Comet Vale and Golden Lode Project. The Comet Vale Project is centered on the old mining town of Comet Vale, 100 kilometers (km) north northwest of Kalgoorlie, Western Australia. The Goldfields Highway passes through the centre of the Project area and is alongside the Sand Queen main shaft (55 meter from the centerline of the highway). The Golden Lode Project is located 130km NNW from Coolgardie, Western Australia, with access to the project area provided by high quality gravel roads from Coolgardie 134 km or from Broad Arrow 93 km. The road passing through from Callion to Davyhurst Mine passes through the southern extremity of the Golden Lode Project area.