Bannerman Resources Limited

Bannerman Resources Limited

March 19, 2008 07:00 ET

Bannerman Resources Appoints David C. Tucker to Board of Directors

PERTH, AUSTRALIA--(Marketwire - March 19, 2008) - Bannerman Resources Ltd. (TSX:BAN)(ASX:BMN) is pleased to announce the appointment of David C. Tucker to the Board of Directors.

David Tucker's career in the mining industry spans 39 years including a Master of Science degree in Mining and Exploration Geology. Mr. Tucker first spent 20 years working as an exploration geologist, the first 10 years of which were in the uranium sector with United Uranium NL, Noranda Australia, the Australian Atomic Energy Commission, and Esso Australia Limited. His career then advanced into executive positions in business development, public affairs and investor relations for Homestake Gold of Australia. Following the corporate acquisition of Homestake by Barrick Gold of Australia, he eventually became Director of Corporate Affairs for Barrick Australia Pacific and led the management of the business unit's government and community relations until his retirement in December 2007.

During the last ten years of his tenure at Barrick Australia, Mr. Tucker served on the Boards of Directors for Homestake's Australian subsidiaries (April 1998-December 2001) and for Barrick Mining Company (Australia) and Barrick Gold of Australia (December 2003 to December 2007).

"We are very pleased to welcome David Tucker to our Board. David's vast depth of practical and corporate knowledge will complement our current Board's skills and introduce experiences that will guide Bannerman's growth from an exploration venture to a world class uranium mining company," says Peter Batten, Managing Director and CEO of Bannerman Resources.

About Bannerman

Bannerman Resources Limited is an emerging uranium producer with interests in two properties in Namibia and a number of properties in Botswana and Australia. Its principal and most significant asset is its 80% interest in the Goanikontes project located in the world-class uranium country of Namibia and situated on a trend southwest of the Rio Tinto Rossing uranium mine.

Bannerman is currently focused on accelerating the development of Goanikontes and a bankable feasibility study is planned for early 2009. The company expects to bring its Goanikontes deposit into production by 2011.

For further information please visit Bannerman Resources' website at:

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