Business
Australia Gold JV- Exploration Manager Appointment
Australia Gold JV- Exploration Manager Appointment.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1477A\n Power Metal Resources PLC\n 25 September 2020\n \n \n \n \n 25 September 2020\n \n \n Power Metal Resources plc (\"Power Metal\" or the \"Company\")\n \n \n Australia Gold JV - Exploration Manager Appointment\n \n \n Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company is pleased to\n advise that\n Red Rock Australasia Pty Ltd (\"RRAL\"), the Australian gold joint venture (\"JV\") company in which POW has a 49.9% interest, has appointed David Holden, BSc, MBA, MEM, as Exploration Manager.\n David Holden, after experience in underground and surface gold mining in Australia and Africa, and technical advisory work for the New Zealand Government, has had a career focused on project generation and regional exploration, and has been involved in the initial discoveries at Nimary/Jundee, Brocks Creek, Mt Todd (Australia), Ngaka Coal Field (Tanzania), and Big Sandy lithium (USA).\n His public company directorships include Prosperity Resources Ltd (ASX), IGC Resources Inc (TSX)(President/CEO), Avonlea Minerals Ltd (ASX), Atomic Resources Ltd (ASX)(Managing Director), and Firestrike Resources Ltd (ASX)(Managing Director).\n After taking early retirement to Durham Lead outside Ballarat in 2018, Mr Holden reconnected with hands on geology as a mine geologist at Liongold's Ballarat gold mine.\n \n Paul Johnson, Chief Executive Officer of Power Metal Resources commented:\n \"Dave has been integral to the rapid progression of the Australia gold JV, and the extensive work to date collating historical project information, preparing for gold exploration and assisting across JV activities.\n \n We are pleased to have him move into the role of Exploration Manager for RRAL at an important time as we seek to further accelerate activities and continue to build this dynamic and exciting part of the Power Metal gold portfolio\n .\"\n \n \n \n \n \n FURTHER JOINT VENTURE INFORMATION:\n \n \n Joint Venture Company - RRAL\n \n \n RRAL is a joint venture company 49.9% owned by POW and 50.1% by Red Rock Resources plc (LON:RRR). Paul Johnson, CEO of POW and Andrew Bell, Chairman of RRR and POW, are directors of RRAL.\n \n RRAL has lodged applications for twelve new gold exploration licence areas covering 2,188 km2 in the Victoria Goldfields of Australia as follows:\n \n...