REG - Greatland Gold PLC - Directorate Changes

Greatland GoldAnnouncement

25/08/2021 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20210825:nRSY7175Ja&default-theme=true

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 AMENDED.  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 4900

 Shaun Day                                                               info@greatlandgold.com (mailto:info@greatlandgold.com)

                                                                         www.greatlandgold.com (http://www.greatlandgold.com)

 SPARK Advisory Partners Limited (Nominated Adviser)                     +44 (0)20 3368 3550

 Andrew Emmott/James Keeshan

 Berenberg (Joint Corporate Broker and Financial Adviser)                +44 (0)20 3207 7800

 Matthew Armitt/Jennifer Wyllie/Detlir Elezi

 Canaccord Genuity (Joint Corporate Broker and Financial Adviser)        +44 (0)20 7523 8000

 James Asensio/Patrick Dolaghan

 Hannam & Partners (Joint Corporate Broker and Financial Adviser)        +44 (0)20 7907 8500

 Andrew Chubb/Matt Hasson/Jay Ashfield

 SI Capital Limited (Joint Broker)                                       +44 (0)14 8341 3500

 Nick Emerson/Alan Gunn

 Luther Pendragon (Media and Investor Relations)                         +44 (0)20 7618 9100

 Harry Chathli/Alexis Gore/Joe Quinlan

 

 

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.

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAPPUCGRUPGUAA