REG - Asiamet Res Ltd - Appointment of Darryn McClelland as CEO

Asiamet ResourcesAnnouncement

18/03/2022 09:00

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RNS Number : 2678F  Asiamet Resources Limited  18 March 2022

18 March 2022

 

Asiamet Announces Appointment of Darryn McClelland as CEO

 

Asiamet Resources Limited ("Asiamet" or the "Company") is pleased to announce
the appointment of Mr Darryn McClelland as Chief Executive Officer ("CEO").

 

Mr McClelland brings over 25 years of mining development, operations and
senior management experience across Australia, Indonesia, Laos, Vietnam,
Eritrea and Ghana.  Of particular relevance to Asiamet's business is his
extensive experience in mine start-ups and commissioning, copper and
polymetallic open pit mining operations including copper leaching, and over
seven year's direct operating experience in Indonesia.  Mr McClelland is
currently the Chief Operating Officer for PT Agincourt Resources leading the
operational and exploration functions of the +300,000 ounce per annum Martabe
Gold Mine (Martabe) in North Sumatera, Indonesia. The Martabe mine employs
over 3,000 staff and contractors and operates to high international safety and
ESG standards.

 

The appointment of Mr McClelland as CEO adds strong mine development and
operational leadership capability to the Company's executive management and
the Asiamet Board looks forward to working closely with him as the Company
transitions from explorer to developer.  Mr McClelland will join the Company
on 13 June 2022 based in Jakarta.

 

Mr McClelland holds a Bachelor of Engineering (Mineral Processing) (Hons) from
the University of Queensland, MBA from University of Southern Queensland, Grad
Diploma in Mining Engineering from Curtin University and Grad Diploma in
Occupational Health and Safety from Edith Cowan University.

 

Darryn McClelland Commented:

"I am excited to be joining the Asiamet team at a critical inflection point in
the Company's development.  Asiamet has a strong pipeline of high-quality
growth opportunities across its two core projects and is well positioned to
make the transition from explorer to copper producer and become a meaningful
contributor to the global drive towards energy transition and decarbonisation.
I look forward to working closely with the Asiamet board to deliver on the
Company's strategy of becoming a mid-tier Indonesian copper and associated
base and precious metals producer."

 

 

Tony Manini, Asiamet Executive Chairman commented:

"Following an extensive and far-reaching search over the past six months we
are very fortunate to have secured Darryn McClelland as our CEO to lead the
next phase of the Company's growth.  Darryn is a highly successful and
respected leader with an extensive background in copper, gold and polymetallic
mine start-ups and operations.  His skills and experience are an excellent
fit for our business as we make the transition from explorer to copper mine
operator with a strong pipeline of organic growth opportunities.

Having spent the past six years based in-country, Darryn also brings the
requisite cultural understanding and depth of Indonesian operating knowledge
and experience required for success. The board welcomes Darryn to the Company
and looks forward to working with him to successfully deliver the BKM copper
mine development and grow the business into a leading Asian energy transition
minerals producer."

 

 

ON BEHALF OF THE BOARD OF DIRECTORS

Tony Manini, Executive Chairman

For further information, please contact:

-Ends-

Tony Manini
Executive Chairman, Asiamet Resources Limited

Email: tony.manini@asiametresources.com
(mailto:tony.manini@asiametresources.com)

 

 

Investor Enquiries

Sasha Sethi

Telephone: +44 (0) 7891 677 441

Email: Sasha@flowcomms.com (mailto:Sasha@flowcomms.com) /
info@asiametresources.com

Asiamet Resources Nominated Adviser
RFC Ambrian Limited

Bhavesh Patel / Stephen Allen

Telephone: +44 (0)20 3440 6800

Email: Bhavesh.Patel@rfcambrian.com (mailto:Bhavesh.Patel@rfcambrian.com)  /
Stephen.Allen@rfcambrian.com (mailto:Oliver.Morse@rfcambrian.com)

 

Optiva Securities Limited
Christian Dennis

Telephone: +44 20 3137 1903

Email: Christian.Dennis@optivasecurities.com
(mailto:Christian.Dennis@optivasecurities.com)

Follow us on twitter @AsiametTweets

 

This announcement contains inside information as stipulated under the Market
Abuse Regulations (EU) no. 596/2014 ("MAR").

 

 

 

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