REG - PYX Resources Ltd. - PYX Announces the Passing of Director Gary Artmont

PYX ResourcesAnnouncement

21/09/2022 07:01

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RNS Number : 0563A  PYX Resources Limited  21 September 2022

 

PYX Resources Limited / EPIC: PYX / Market: Standard Listing / Sector: Mining

 

 

21 September 2022

 

PYX Resources Ltd

 ('Pyx' or the 'Company')

 

PYX Announces the Passing of Director Gary Artmont

 

 

PYX Resources Ltd (PYX or the Company) (NSX: PYX | LSE: PYX) announces, with
great sadness, the sudden death of Non-Executive Director and geological
advisor Gary Artmont.

Gary was a world-renowned exploration geologist with over 40 years of
experience in projects across 6 continents. He graduated with an Honours BSc
degree in Geology from the University of Waterloo in 1975 and began his career
with Union Carbide searching for tungsten, uranium and industrial metals
throughout Western and Northern Canada, USA and Brazil. Subsequently, Gary
worked with Rio Tinto where he was instrumental in defining Vulcan Sedex style
base metal mineralisation in the Selywn Basin of the Yukon.

During the 1980's Gary turned his focus to Australia and South East Asia where
for Kennecott he developed reconnaissance programs for tungsten and gold
mineralisation in Western Australia and New Zealand as well as completing the
early-stage exploration of the Lihir Island gold deposit.

He had extensive experience in Indonesia where he acted as the on-site manager
for the Mt Muro gold project in Central Kalimantan defining over 1.3 million
ounces of gold as well as the discovery of other gold and diamond deposits in
South Kalimantan. From 1989 to 1995, Gary was Chief Geologist for PT Freeport
Indonesia where he managed over 120,000 metres of diamond drilling which led
to the discovery of the 8-million-ounce Wabu Gold deposit as well as the first
detailed geochemical survey and mapping over the Erstberg Mine area that
culminated in the discovery of the Grasberg deposit, one of the largest gold
deposits in the world. During this period, Gary also managed Freeport's
exploration activities in Mexico.

In addition to the above, Gary had extensive experience working in project
generation in China, Mongolia, Russia, Eastern Europe and South America.

During his overall career, Gary worked in over 15 countries and conducted site
visits to over 150 operating mines at locations throughout the world.

PYX Resources' Chairman and Chief Executive Officer, Oliver B. Hasler, said:

 "We are very sorry to hear of the passing of our colleague, Gary. Gary
provided PYX's Board with geological advice over the years and was always
dedicated to the success of PYX Resources.  We pass on our deepest
condolences to his family during this difficult time."

 

**ENDS**

 

 For further information, please visit  https://pyxresources.com/
(https://pyxresources.com/) (http://www.pyxresources.com)   or contact:

 

 PYX Resources Limited                                       T: +852 3519 2860

 Oliver B. Hasler, Chairman and Chief Executive Officer      E: ir@pyxresources.com (mailto:ir@pyxresources.com)
 WH Ireland Limited (Financial Adviser and Joint Broker)     T: +44 (0)20 7220 1666

 Harry Ansell / Katy Mitchell / Megan Liddell

 St Brides Partners Ltd (Financial PR)                       E: pyx@stbridespartners.co.uk (mailto:pyx@stbridespartners.co.uk)

 Ana Ribeiro / Isabel de Salis / Isabelle Morris

 This announcement is authorised for release by Oliver B. Hasler, Chairman
and Chief Executive Officer.

 

Notes to Editors

About PYX Resources

PYX Resources Limited (NSX: PYX | LSE: PYX) is a producer of premium zircon
dual listed on the National Stock Exchange of Australia and on the Main Market
of the London Stock Exchange. PYX's key deposits, Mandiri and Tisma, are
large-scale, near-surface open pit deposits both located in the alluvium-rich
region of Central Kalimantan, Indonesia. PYX, whose Mandiri deposit has been
in production since 2015, is the 2nd largest publicly traded producing mineral
sands company by zircon resources globally. Determined to mine responsibly and
invest in the wider communities where we operate, PYX is committed to fully
developing its Mandiri and Tisma deposits, with the vision to consolidate the
mineral sands resources in Kalimantan and explore and acquire mineral sands
assets in Asia and beyond.

 

 

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