Kryso Resources plc – Appointment of Chief Operating Officer

Kryso Resources plc – Appointment of Chief Operating Officer

Kryso Resources plc (KYS), the gold exploration and development company that is advancing its Pakrut gold project in Tajikistan through a bankable feasibility study (“BFS”), announces that it has appointed Andre Gaston as its Chief Operating Officer.

In his role of Chief Operating Officer, Andre will not have a board position but will have responsibility for managing the ongoing exploration programme at Pakrut, finalising the Pakrut project BFS being carried out by the Beijing General Research Institute of Mining and Metallurgy (“BGRIMM”) and preparing the mine for production.

As announced on 10 June 2010, Andre commenced employment with Kryso in June as Senior Mining Engineer and will continue to work closely with BGRIMM and with other Kryso consultants to optimise the BFS as it proceeds towards completion.

Andre, aged 37, has had considerable experience in key technical roles at substantial mines including the Callie gold mine in Australia for Newmont Mining, and Geita gold mine in Tanzania for AngloGold. He has also previously worked for Oriel Resources in Kazakhstan and OceanaGold in New Zealand.

Andre graduated from Auckland University in 1996 as a Bachelor of Engineering (Mining) and is a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM).

Dr. Trevor Davenport, Non-executive Chairman, commented:

“We are delighted to be welcoming Andre into the role of Chief Operating Officer. During the last two months Andre has proven that he has technical mining expertise, can manage operations in Tajikistan and has the ability to perform various corporate functions. We are therefore confident that Andre will prove to be a strong asset to our management team.”

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