TIDMEEE
RNS Number : 4759R
Empire Metals Limited
01 March 2023
Empire Metals Limited / LON : EEE / Sector: Natural
Resources
01 March 2023
Empire Metals Limited
("Empire " or "the Company")
Appointment of Exploration Manager
Ex-Rio Tinto Geologist joins Empire Metals Exploration Team
Empire Metals Limited (LON:EEE), the AIM-quoted resource
exploration and development company, is pleased to announce the
appointment of Andrew Faragher as the Company's Exploration
Manager, with immediate effect
Mr Faragher joins a technical leadership team led by Shaun Bunn,
the Managing Director, and includes a senior technical advisory
group comprising Empire's Non-Executive Chairman, Dr. Neil O'Brien,
and Mr Ed Baltis, the Company's Exploration Consultant. As
Exploration Manager, Mr. Faragher will be responsible for
exploration strategy and targeting, project evaluation, and
supervising the exploration fieldwork and providing technical
guidance to a team of geologists and field assistants.
Mr Faragher is an experienced exploration geologist with over 25
years' experience working across multiple commodities including
copper/gold, base metals, uranium, iron ore, bauxite and diamonds.
He has a strong track record of discoveries and a deep
understanding of exploration.
Amongst other senior positions, Mr Faragher spent seven years
working for Rio Tinto, where he held a number of roles including
Exploration Manager - Canada and Chief Geologist - Iron Ore and
Bauxite. Highlights of his career with Rio Tinto include leading a
team which discovered in excess of 5Bt of iron ore in the Pilbara
region of Western Australia, along with building and developing
successful exploration teams in both Australia and Canada.
Mr Faragher has a long history of copper exploration in
Australia and Canada exploring for Iron Oxide Copper Gold (IOCG) in
Queensland, South Australia and Northern Territory. He was also
part of the team that identified over 150Mt of Cu at the Mt Roseby
IOCG Project north of Cloncurry. He spent several years exploring
for Mt Isa style sediment hosted deposits within the Mt Isa Inlier,
northern Queensland, porphyry deposits in British Columbia and more
recently providing technical direction on massive sulphide hosted
Cu deposits close to Whitehorse in the Yukon, Canada.
More recently he consulted for DevEx Resources (ASX:DEV), an
Australian multi-commodity explorer identifying a high-grade zone
at the Nabarlek South uranium deposit in the Northern Territory of
Australia, and generating successful exploration targets at their
adjacent U40 project.
Shaun Bunn, Managing Director, said: "I am delighted to announce
the appointment of Mr Faragher, who brings with him a wealth of
experience and is a great addition to our growing exploration team.
Investing in the right talent on the ground is key as we look to
further develop our existing portfolio of exploration projects and
advance the Company's flagship copper project at Pitfield, located
near the town of Three Springs in Western Australia.
"Mr Faragher's appointment bolsters our exploration team and
provides the Company, along with our senior technical advisory
group, the expertise required to successfully develop and execute
our exploration plans, having established drill-ready targets for
copper mineralisation at Pitfield as well as discovering a
kaolin-rich zone at the Eclipse-Gindalbie Project, located just
north-east of Kalgoorlie, Western Australia."
Empire's Exploration Team
The appointment of Andrew Faragher to the key role of
Exploration Manager is a major milestone in the development of a
highly skilled and experienced exploration team at Empire. Mr.
Faragher's experience and skills compliment those of the existing
technical team, which includes Ed Baltis, as Exploration
Consultant, and Louisa Stokes as Exploration Geologist.
Ed Baltis has an extensive knowledge on the geology within
Western Australia, and in particular the Archaean Yilgarn Craton,
and its mineral potential with expertise in orogenic gold systems,
as well as notable operational experience having managed and led
exploration campaigns for a diverse range of commodities throughout
Australasia, Africa and the Americas.
Amongst other positions he was previously Regional Exploration
Manager for Australasia and subsequently Vice President Project
Generation for Gold Fields Limited, where he was integral to the
successful acquisition of Barrick Gold assets in Australia in 2013
and provided oversight of the exploration programmes that led to
discovery of >3Moz Invincible deposit at St Ives. In recent
years Ed has been providing consulting services in geology and
target generation to a range of companies focussed in Australasia
and Africa and was responsible for the discovery of the +1Moz
Mandilla gold deposit in Western Australia in 2019.
Louisa Stokes is a PhD Candidate (Applied Geology) at Curtin
University, Perth, Western Australia. She graduated from the Royal
School of Mines, Imperial College London with a MScs Geology (1st
Class with Honours) in 2010 before embarking on a career as an
Exploration Geologist working in places such as Armenia, Liberia
and Mali for gold explorers and producers.
Amongst other responsibilities and achievements, Louisa was
involved in the discovery and development of the 3.56Moz Dugbe Gold
Project in southwest Liberia for Hummingbird Resources plc.
In addition to being the Company's Non-Executive Chairman, Dr.
O'Brien acts as a senior technical advisor to the Company. He is a
consulting economic geologist and retired mining executive with a
PhD in Geological Sciences from Queen's University, Canada, and
nearly four decades of industry service with expertise in base
metal exploration, including sediment-hosted copper deposits. Dr.
O'Brien has international experience on six continents in all
stages of mineral exploration and development of economic mineral
resource projects.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014, as incorporated into UK law by the
European Union (Withdrawal) Act 2018, until the release of this
announcement.
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
Empire Metals Ltd Tel: 020 7907 9327
Shaun Bunn / Greg Kuenzel
S. P. Angel Corporate Finance LLP Tel: 020 3470 0470
(Nomad & Broker)
Ewan Leggat / Adam Cowl
-------------------
Shard Capital Partners LLP (Joint Tel: 020 7186 9950
Broker)
Damon Heath
-------------------
St Brides Partners Ltd (Financial Tel: 020 7236 1177
PR)
Susie Geliher / Ana Ribeiro / Max
Bennett
-------------------
About Empire Metals Limited
Empire Metals is an AIM-listed (LON: EEE) exploration and
resource development company with a project portfolio comprising
gold interests in Australia and Austria.
The Company's strategy is to develop a pipeline of projects at
different stages in the development curve. Its initial focus has
been on the high-grade Eclipse and Gindalbie Gold Projects in
Western Australia. The Company expanded its exploration licence
area in April 2022 from 9.5km(2) to 1,728km(2) with the acquisition
of the Pitfield Copper-Gold Project and the Walton Copper-Gold
Project in Western Australia, and the Stavely Copper-Gold Project
in the Stavely Arc region of Victoria.
Empire also holds a portfolio of three precious metals projects
located in a historically high-grade gold production region
comprising the Rotgulden, Schonberg and Walchen prospects in
central-southern Austria.
The Board continues to evaluate opportunities through which to
realise the value of its wider portfolio and reviews further assets
which meet the Company's investment criteria.
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