Chesterfield Resources PLC Appointment of Chief Operating Officer (7908M)
11 January 2019 - 6:00PM
UK Regulatory
TIDMCHF
RNS Number : 7908M
Chesterfield Resources PLC
11 January 2019
Chesterfield Resources/ EPIC: CHF / Sector: Natural
Resources
11 January 2019
Chesterfield Resources Plc ('the Company')
Appoints Chief Operating Officer
Chesterfield Resources Plc is pleased to announce the
appointment of Mr Michael Parker as Chief Operating Officer for its
100% owned copper exploration project in Cyprus. Mr Parker joins
the Company after a distinguished 20-year career at First Quantum
Minerals Ltd ('FQM') where he held senior Country Manager positions
and played a key role in two substantial copper discoveries.
Mr Parker is a geologist with over 30 years' experience in both
exploration and project development. He began his career in gold
exploration in South Africa and Gabon, before joining FQM in 1997
as an exploration geologist in Zambia and Zimbabwe.
In 2000, Mr Parker was appointed as an Exploration Manager for
FQM in the Democratic Republic of Congo ('DRC'), for a large and
intensive exploration programme. Under his technical direction, FQM
selected and acquired a 10,000 sq km tenement area. Mr Parker
managed over 100 personnel for the subsequent exploration
programme. This programme included gathering 125,000 geochemical
samples, as well as large-scale mapping and drilling campaigns. He
also oversaw sizable geophysics programmes involving radiometrics,
aeromagetics, ground magnetics, IP and resistivity testing.
During this period FQM made two significant discoveries in the
tenement area: the Frontier Mine, with 2.1Mt contained copper
('Cu'), and the high-grade Lonshi Mine, with 250,000 tons of
contained Cu at an ore grade of 5% Cu. Mr Parker undertook the
modelling of resources, as well as responsibility for mine planning
and mining operations for the initial two years of the mine. In
2009 he was appointed Country Manager of DRC for FQM, where he had
administrative management responsibility for up to 3,000 staff,
including a large expatriate contingent, in two operating copper
mines and a mine construction project.
In 2011, Mr Parker was appointed Country Manager for FQM in
Latin America responsible for operations in Peru and Argentina,
including government/community relations, and environmental
management. He was responsible for the management of exploration
permitting and stakeholders for large scale copper porphyry
exploration projects.
Executive Chairman Martin French said "Mike brings a tremendous
amount of experience in exploration and management from his long
career at First Quantum Minerals. Most importantly, he has
experience in making large discoveries. Mike has already been
working with Chesterfield over the past three months on a Project
Management basis helping to expand our copper exploration programme
in Cyprus. During this time Mike has become very confident in our
prospects, which has attracted him to take a permanent role. The
Company has been encouraged by its early drilling results and so
has made the decision to significantly enlarge its exploration
programme in Cyprus. We will provide more details of this in the
coming weeks."
Subscribe to Chesterfield Resources Plc announcements
In order to receive Chesterfield Resources Plc announcements
please subscribe by following this link
https://sirius.brighterir.com/public/chesterfield_resources/news_alerts/email_alerts/register
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
**ENDS**
For further information please visit
www.chesterfieldresourcesplc.com or contact:
Chesterfield Resources plc:
Martin French, Executive Chairman Tel: +44(0)7901 552277
Shard Capital (Broker):
Damon Heath Tel: +44(0)20 7186 9952
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAEALFEFLANEFF
(END) Dow Jones Newswires
January 11, 2019 02:00 ET (07:00 GMT)
Chesterfield Resources (LSE:CHF)
Historical Stock Chart
From Apr 2024 to May 2024
Chesterfield Resources (LSE:CHF)
Historical Stock Chart
From May 2023 to May 2024