NPM Neptune Min

    Directorate change
             



                                                         6th May 2008
                                  �
                        NEPTUNE MINERALS PLC
                    ("Neptune" or the "Company")
                                  �
              REORGANISATION OF THE BOARD OF DIRECTORS
�
Neptune Minerals Plc  (AIM: NPM)  announces a  reorganisation of  the
board of directors.
Mr. Peter  Vanderspuy  resigned from  the  board, effective  May  2nd
2008.� The Company is grateful to Mr. Vanderspuy for the role that he
played as the Company's founding Chairman.
In the short term the  role of Chairman will  be assumed by Mr.  John
Goodwin, Neptune's UK-based independent Non-Executive director.
At the same time  Neptune is pleased to  announce the appointment  of
Richard K  Gorton  to fill  the  casual vacancy  as  a  Non-Executive
Director, effective as of May 5th 2008.
Mr. Gorton has  38 years  of experience in  the international  mining
industry  including  South  Africa,   Australia  and  North   America
involving exploration, operations and business development. He  holds
an MSc  in Geology  on  the Kielder  VMS  deposit discovered  by  his
Newmont team in South Africa.
- From 1973 to  1986, he  directed exploration  activities for  Newmont
South Africa Ltd in  the search for gold,  base metals, diamonds  and
uranium. From 1986  to 1990, Mr.  Gorton was Chief  Geologist at  the
Telfer Gold Mine in Western Australia and, between 1990 and 1994, was
Great  Basin  Exploration  Manager  and  later  Newmont's   Director,
Exploration North America.
- From 1994  to  2005,  Mr.  Gorton was  Director  of  Exploration  and
Business Development for Newmont  Mining Corporation. He was  awarded
the Chairman's  Award  in 1996  for  the successful  acquisition  and
development of the True North gold deposit in Alaska.
Mr. Gorton retired in 2005 but continues as a consultant to  Newmont.
In  2005  Mr.  Gorton  also  co-founded  BWG  Mining  which   applies
supervised Neural  Network technology  to multiple  exploration  data
sets targeting new discoveries.
Mr. Gorton will provide guidance to  management on the growth of  the
Company and its projects. In addition, he brings a wealth of industry
contacts developed  during his  tenure  in the  minerals  exploration
industry.
The information required to be  disclosed in accordance with the  AIM
rules, with  respect to  the  appointment of  Richard Gorton  to  the
Neptune Board, is set out in Appendix 1.
�
Neptune's Chief Executive Officer Dr Simon McDonald said:
"Neptune takes pleasure  in welcoming Richard  Gorton to the  board.�
The  Company  is  delighted  with  the  addition  of  an  independent
technical director who has  a wealth of  resource experience and  who
comes with  the  imprimatur  of  Neptune's  key  strategic  investor,
Newmont."
�
END
�
For further information please contact:
�

Simon McDonald (Neptune MD and CEO)            T: +61 (0)2 9957 5244
By email to the Company                        info@nepmins.com
Fiona Owen (Grant Thornton Corporate  Finance, T: +44 (0)20 7383 5100
Nomad)
Rozanne Ichikowitz (Grant Thornton Sydney)     T: +61 (0)2 8297 2522
Richard  Hail  (Fox  Davies  Capital  Limited, T: +44 (0)20 7936 5200
Broker)
Nadja Vetter / Matthew Law (Cardew Group, PR)  T: +44 (0)20 7930 0777
                                               M: +44 (0)7941 340 436

�
The Neptune Minerals website is www.neptuneminerals.com
�
�
�
Appendix 1
�
Set out below are  the current and past  Directorships over the  past
five years of Richard Kalmer Gorton - aged 60.
�

Current directorships or partnerships      Past   directorships    or
                                           partnerships
Alhambra Resources Ltd                     Newmont Mining Corporation
Indicator Minerals Inc.                    �
BWG    Mining    (partner    of    private
partnership)

�
Mr Gorton does not have an interest in the ordinary shares or options
of Neptune.
�
There are no further details required to be disclosed under paragraph
G of Schedule 2 of the AIM Rules.�
�
�

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