Castillo Copper Limited Appointment of Non-executive Director (6747I)
16 August 2021 - 4:00PM
UK Regulatory
TIDMCCZ
RNS Number : 6747I
Castillo Copper Limited
16 August 2021
16 August 2021
CASTILLO COPPER LIMITED
("Castillo" or the "Company")
Appointment of Non-executive Director
Castillo Copper Limited (LSE and ASX: CCZ), a base metal
explorer primarily focused on copper across Australia and Zambia,
is pleased to announce the appointment of Mr Geoff Reed as
Non-executive Director of the Company with immediate effect.
Mr Reed is a qualified geologist with extensive experience
working on copper-gold projects and across the Mt Isa region. With
Castillo set to significantly ramp up its exploration activities,
he will provide invaluable oversight of the Company's exploration
programmes in north-west Queensland and Zambia, ensuring that
development work progresses at a steady pace and that every
opportunity is leveraged to create shareholder value.
Based in New South Wales, Mr Reed has over 25 years' experience
focused on GIS and 3D technical work, mostly relating to
underground / open-cut metalliferous mining and various exploration
projects. During his career, Mr Reed has undertaken geological and
resource management roles across several regions in Australia
including Mt Isa / Century in Queensland; and Broken Hill / Cobar
in New South Wales. He has also worked on numerous international
projects in Europe (Finland, Ireland, Portugal, Spain, Sweden),
Africa (Angola, South Africa), Asia (China, Indonesia, Mongolia)
and Canada. Prior to establishing his own consultancy in 2008, Mr
Reed held positions as a mine geologist with MIM/Xstrata in Mt Isa
and Pasminco / Perilya in Broken Hill.
Mr Reed has a Bachelor of Applied Science (Geology) from the
University of Technology (Sydney), with memberships at the
Australian Institute of Geoscientists and Australasian Institute of
Mining and Metallurgy. He can provide Mineral Resource Estimations
for metalliferous projects as a Competent Person in accordance with
the JORC Code or a Qualified Person for technical reports that meet
NI-43-101 standards.
Commenting on his appointment, Mr Geoff Reed said: "With the
global copper market in an upcycle, it is an excellent time to be
joining Castillo's Board as exploration activities are ramping up.
Having reviewed Castillo's asset portfolio, there are some prime
targets at the Big One Deposit and Arya Prospect that deserve to be
test drilled. Similarly, the Luanshya and Mkushi Projects in Zambia
are highly prospective for copper mineralisation. This is an
exciting opportunity with first rate projects that offer
significant exploration potential."
Rob Scott, Chairman of Castillo Copper, stated: "The Board is
delighted to secure Geoff's services, as he has an excellent
pedigree and can add value immediately. As we now embark on major
transformative exploration campaigns in Queensland and Zambia, it
is now critical to have an experienced geologist on the Board to
oversee our activities. On behalf of the Board, I welcome Geoff to
the team and look forward to his input moving forward."
There is no further information to be disclosed for the purposes
of Listing Rule 9.6.13.
For further information, please contact:
Castillo Copper Limited +61 8 6558 0886
Simon Paull (Australia), Managing Director
Gerrard Hall (UK), Director
SI Capital Limited (Financial Adviser and
Corporate Broker) +44 (0)1483 413500
Nick Emerson
Luther Pendragon (Financial PR) +44 (0)20 7618 9100
Harry Chathli, Alexis Gore, Joe Quinlan
About Castillo Copper
Castillo Copper Limited is an Australian-based explorer
primarily focused on copper across Australia and Zambia. The group
is embarking on a strategic transformation to morph into a mid-tier
copper group underpinned by its core projects:
-- A large footprint in the in the Mt Isa copper-belt district,
north-west Queensland, which delivers significant exploration
upside through having several high-grade targets and a sizeable
untested anomaly within its boundaries in a copper-rich region.
-- Four high-quality prospective assets across Zambia's
copper-belt which is the second largest copper producer in
Africa.
-- A large tenure footprint proximal to Broken Hill's
world-class deposit that is prospective for
zinc-silver-lead-copper-gold.
-- Cangai Copper Mine in northern New South Wales, which is one
of Australia's highest grading historic copper mines.
The group is listed on the LSE and ASX under the ticker
"CCZ".
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