Business
Ardea Resources Limited - Executive Director Ian Buchhorn Retires from the Board
Ardea Resources Limited - Executive Director Ian Buchhorn Retires from the
About this update from Ardea Resources Ltd.
[{"type":"text","content":"Ardea Resources Limited (Ardea or the Company) advises of the retirement of Mr Ian Buchhorn from the Ardea Board, as well as its subsidiaries.Mr Buchhorn will remain as a technical Executive at Ardea to continue to share his extensive nickel laterite and Eastern Goldfields of Western Australia expertise, until such time as a suitably qualified geoscientist replacement can be employed by Ardea and handover completed. Mr Buchhorn's contribution to Ardea extends to its beginnings as an ASX-listed company in February 2017 when it was spun out from Heron Resources. Prior to that, Mr Buchhorn was the founding Managing Director for ASX-listed Heron Resources in 1996 and transferred to Ardea from Heron to ensure continuity of his extensive knowledge of Ardea's projects.Mr Buchhorn's tireless efforts in service of Ardea and the KNP ultimately resulted in the publishing of the 2023 KNP Goongarrie-Hub Pre-Feasibility Study1 (PFS) and the incorporated joint venture with Sumitomo Metal Mining and Mitsubishi Corporation to fund the in progress $98.5M Definitive Feasibility Study (DFS)2 . The Company is grateful that, once again, Mr Buchhorn has agreed to maintain his relationship with Ardea and its projects, in particular his extensive experience and knowledge of the KNP, by remaining in his technical Executive role and supporting a smooth transition toward retirement. Commenting on Mr Buchhorn's Board retirement, Ardea Resources NonExecutive Chair Mathew Longworth said: 'The discovery and development of large-scale resource projects such as the KNP is never an easy road.\nIan's unwavering faith in and commitment to, the project for over 25 years stands as a testament to his personal tenacity as well as his considered and scientific approach to the project's development as well as to the Company. On a personal note, I would like to thank Ian for his support during my time with the Company and at this very exciting stage in the KNP Goongarrie Hub's development.'\nManaging Director and CEO Andrew Penkethman noted: 'Ian is the heart and soul of the Kalgoorlie Nickel Project (KNP). His focus on quality geology as the fundamental project building block has enabled the KNP to grow and now be recognised as Australia's largest nickel-cobalt resource3 . Ian's ability to assemble the extensive tenement portfolio that comprises the KNP, over more than 2...