Asia PR News

SYDNEY, May 30 /MediaNet International-AsiaNet/ –

Allegiance Mining NL, ( ASX: AGM ) has announced the appointment of Mr Ian
Levy, MSc, DIC, FAusIMM, FAIG as its Chief Executive Officer.
Tony Howland-Rose Chairman of Allegiance said he is delighted to have Ian join
the Allegiance team. "His extensive knowledge with Nickel and Financial markets
as well as hands on mining and development experience makes him superbly
qualified."

Mr Levy is a well-known mining geologist and mineral economist with over 25
years industry experience in mining production companies and has focused on the
business development stages of mining, especially the transition from
exploration success into commercial production in ways that deliver maximum
value to shareholders.

Mr Levy commenced his mining career at the Kambalda Nickel Operations of
Western Mining Corporation, Western Australia, where he worked for 12 years in
positions ranging from exploration of the major Kambalda nickel province
through to mine geologist in underground nickel mines. He was eventually
promoted to WMC’s head office working on feasibility studies, marketing,
hedging, business development and project financing opportunities in a wide
range of commodities.

Mr Levy also worked with Pancontinental Mining for five years as a general
manager of business development and was involved in key development projects,
including underground mine development at the Kundana gold mine near
Kalgoorlie, a highly successful mine development similar in design and scale to
Allegiance’s Viking Decline Mine at the Avebury Nickel Project in Tasmania.
Mr Levy is currently a Director of the successful coal producer, Gloucester
Coal Ltd (GSL) and a Director of the exploration company, D’Aguilar Gold Ltd.
Mr Levy’s industry leadership roles have included Federal President of the
Australian Institute of Geoscientists and Vice Chairmanship of the Joint Ore
Reserves Committee (JORC).

Mr Levy has commented about Allegiance that; "I once explored for tin in
Tasmania near where Allegiance’s Avebury nickel project is today. I had worked
on the Western Australian nickel orebodies and I assumed that Tasmania was not
prospective for nickel. But when I reviewed the Avebury nickel deposit recently
and inspected the large ore exposure in Allegiance’s Viking Decline, I
appreciated that Avebury is in reality a significant new nickel province and an
exciting new nickel mine project. Our mission now is to maximise the value to
shareholders that will flow from this success."

For more information: David Deitz on +(612) 9299 1771 or +(61) 411858830.
or visit website : www.allegiance-mining.com.au

Source: Allegiance Mining