TIDMGGP
RNS Number : 7175J
Greatland Gold PLC
25 August 2021
25 August 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014
WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL)
ACT 2018, AS AMED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A
REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO
BE IN THE PUBLIC DOMAIN.
Greatland Gold plc
("Greatland" or the "Company")
Directorate Changes
Establishment of Technical Advisory Committee
Greatland Gold plc (AIM:GGP), a leading development and
exploration company with a focus on tier-one gold-copper deposits,
announces changes to the Greatland Board of Directors and the
establishment of a Technical Advisory Committee.
Changes to the Board and establishment of the Technical Advisory
Committee enhance the skills and experience required for the
Company as it progresses from an explorer, through development and
into production. The Company will consider adding to the Board and
to the Technical Advisory Committee to further expand the Company's
skill sets.
Directorate Changes
Paul Hallam will join the Greatland Board as a Non-Executive
Director. Paul is a senior mining industry professional with more
than 40 years of Australian and international resource experience
across a range of commodities including both surface and
underground mining. He has global operational and corporate
experience from his executive roles including Director of
Operations with Fortescue Metals Group, Executive General Manager
of Developments & Projects with Newcrest Mining Limited,
Director of Victorian Operations with Alcoa as well as Executive
General Manager of Base and Precious Metals at North Ltd. Paul has
been a Non-Executive Director on a number of Australian and
International listed company boards. His appointment to the Board
will take effect from Wednesday, 1 September 2021. Paul will join
the Audit and Risk Committee and Remuneration Committee.
The Company is pleased to announce that Callum Baxter has been
appointed to the Technical Advisory Committee. Mr Baxter will step
down from his full time role as Chief Technical Officer and
Director of the Company on Tuesday 31 August 2021 and focus on this
new initiative.
Technical Advisory Committee
The Technical Advisory Committee will report to the CEO and
provide technical input and enhance the Company's existing
capabilities in exploration, resource definition, mine development
and ore processing. In addition to Callum Baxter, the Company is
pleased to appoint recognised industry experts Stuart Masters,
Simon Hanrahan and Dr Ian Ritchie to the Technical Advisory
Committee.
Callum Baxter will join the Technical Advisory Committee due to
the instrumental role he has played in Greatland's success. After
founding the Company in 2005, Callum used his geological and
technical expertise to lead a globally recognised exploration
programme in the Paterson region of Western Australia. In 2016,
Greatland acquired tenements in this region and commenced focussed
ground geophysics and data modelling before implementing a targeted
four-hole drill program under 400 metres of cover, leading to the
discovery of the high grade gold and copper Havieron deposit.
Shaun Day, Chief Executive Officer of Greatland Gold plc ,
commented: "It is a measure of our growing reputation as a Company
that we are able to attract high-quality people to Greatland, and I
am delighted to welcome Paul Hallam to our Board as Independent
Non-Executive Director. He brings a wealth of senior mining
industry expertise and is a great addition to our Board. We look
forward to working with him and the new Technical Advisory
Committee of Callum Baxter, Stuart Masters, Simon Hanrahan and Dr
Ian Ritchie as we move ahead with the development of the
world-class Havieron asset.
"Equally, I would like to recognise the significant contribution
of Callum Baxter and thank him for his outstanding contribution to
Greatland over the past 16 years. Callum had the vision and
conviction to lead the discovery of Havieron and he has built an
exploration team with the capability to continue pursuing the next
generation of tier-one mineral deposits by applying advanced
exploration techniques in under-explored regions . I am delighted
that Callum has agreed to join the Technical Advisory Committee,
and we will continue to benefit from his expertise. "
Callum Baxter, departing Chief Technical Officer of Greatland
Gold plc, commented : "I've had a long association with Greatland
from inception of the Company through to discovery of the world
class Havieron deposit. During this time, I have had the pleasure
of working with a pool of highly talented people and looking back
we have achieved so much together. I would also like to thank many
loyal supporters who have enjoyed the journey of exploration and
discovery with me because, without their backing, Greatland would
not be where it is today. Although I am changing the work balance
in my life, I am very pleased to have an ongoing connection with
Greatland through the Technical Advisory Committee."
The following information is disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules:
Mr Paul Duncan Hallam, aged 66, holds or has held the following
directorships or partnerships in the past five years:
Current: Previous:
Sandfire Resources Ltd, SFR:AX, Gindalbie Metals Ltd, GBG:AX,
May 2013 to present December 2011 to July 2019
CODA Minerals Ltd, COD:AX, Altona Mining Ltd, AOH:AX,
August 2019 to present March 2013 to April 2018
Paul Hallam holds no shares in the Company.
Stuart Masters (MAIG, FAusIMM, GAICD, JOORC, CRIRSCO): Stuart
brings 35 years of experience covering exploration, deposit
definition, studies, development, mining, closure,
investment/divestment in a multitude of countries and in alluvial,
open-pit and underground operations at the operational, tactical
and strategic level. Stuart has worked with several leading mining
companies in Western Australia including Rio Tinto Technical
Services as a Principal Consultant and is currently a Director and
Principal Consultant at CS-2 Pty Ltd.
Simon Hanrahan (BMinTech, FAusIMM): Simon is a Corporate
Consultant at SRK Consulting and brings 35 years international
experience leading and managing across the whole resources value
chain: feasibility studies, project construction and commissioning,
and mine operations. He gained mine management and construction
experience in South Africa, Australia, and the USA in gold, coal,
base metals, copper, platinum, industrial minerals and diamonds .
Simon works globally within SRK, across surface and underground
projects and has specialist experience in caving and the transition
of open pits to underground caving operations. He is also Chairman
of SRK Consulting (Australasia).
Ian Ritchie (AusIMM): Dr Ritchie is an experienced metallurgist
and Study Manager particularly on large projects. He has more than
35 years experience working with major mining companies on large
projects including Newcrest's Telfer operation. His technical
expertise is in comminution, gold and copper metallurgy together
with an strong understanding of waste and tailings management.
For further information:
Greatland Gold PLC +44 (0)20 3709
Shaun Day 4900
info@greatlandgold.com
www.greatlandgold.com
SPARK Advisory Partners Limited (Nominated
Adviser) +44 (0)20 3368
Andrew Emmott/James Keeshan 3550
Berenberg (Joint Corporate Broker and Financial
Adviser) +44 (0)20 3207
Matthew Armitt/Jennifer Wyllie/Detlir Elezi 7800
Canaccord Genuity (Joint Corporate Broker
and Financial Adviser) +44 (0)20 7523
James Asensio/Patrick Dolaghan 8000
Hannam & Partners (Joint Corporate Broker
and Financial Adviser) +44 (0)20 7907
Andrew Chubb/Matt Hasson/Jay Ashfield 8500
SI Capital Limited (Joint Broker) +44 (0)14 8341
Nick Emerson/Alan Gunn 3500
Luther Pendragon (Media and Investor Relations) +44 (0)20 7618
Harry Chathli/Alexis Gore/Joe Quinlan 9100
Notes for Editors:
Greatland Gold plc (AIM:GGP) is a leading development and
exploration company with a focus on tier-one gold-copper deposits.
The Company's flagship asset is the world-class Havieron
gold-copper deposit in the Paterson region of Western Australia,
discovered by Greatland and presently under development in Joint
Venture with Newcrest Mining Ltd.
Havieron is located approximately 45km east of Newcrest's Telfer
gold mine and, subject to positive decision to mine, will leverage
the existing infrastructure and processing plant to significantly
reduce the project's capital expenditure and carbon impact for a
low cost pathway to development. An extensive growth drilling
programme is presently underway at Havieron with a Pre-Feasibility
Study due for release in late calendar 2021. Construction of the
box cut and decline to develop the Havieron orebody commenced in
February 2021.
Greatland has a proven track record of discovery and exploration
success. It is pursuing the next generation of tier-one mineral
deposits by applying advanced exploration techniques in
under-explored regions. The Company is focused on safe, low-risk
jurisdictions and is strategically positioned in the highly
prospective Paterson region. Greatland has a total six projects
across Australia with a focus on becoming a multi-commodity mining
company of significant scale.
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