Empire Metals Limited Appointment of Managing Director (7544Y)
17 Mayo 2021 - 1:00AM
UK Regulatory
TIDMEEE
RNS Number : 7544Y
Empire Metals Limited
17 May 2021
Empire Metals Limited / AIM: EEE / Sector: Natural Resources
17 May 2021
EMPIRE METALS LIMITED
Appointment of Managing Director
Empire Metals Limited ('Empire' or the 'Company') , the
AIM-quoted exploration and resource development company, is pleased
to announce the appointment of Mr. Shaun Bunn to the Board of the
Company as Managing Director effective from 1 June 2021. Mr. Bunn
is a metallurgist based in Perth, Western Australia , with over 35
years' experience in exploration, mining, processing and project
development, including over 25 years' experience in the gold mining
sector. He has managed mining projects through all stages of
development, from grass roots exploration, feasibility studies,
financing, construction, commissioning and operations.
Mr. Bunn has built a successful track record managing mining
projects across a wide range of commodities. For the past six years
he has held the position of Senior VP Projects for Hummingbird
Resources plc, a London-based, West African-focused gold producer
and explorer with three core gold projects, the Yanfolila Gold Mine
in Mali, the Dugbe Gold Project in Liberia, and the recently
acquired Kouroussa Gold Project in Guinea. Mr. Bunn joined
Hummingbird in 2015, initially to complete the feasibility study
and financing of the Yanfolila Mine and was then overall Project
Manager for Yanfolila's successful mine development, plant
construction, commissioning and ramp up to commercial
operations.
Prior to joining Hummingbird, Mr. Bunn was employed as the Chief
Operating Officer at Cominco Resources (UK) Ltd where he was
responsible for the feasibility study for the Hinda Phosphate
Project. Previously he was the Chief Operating Officer at Greenland
Minerals and Energy Pty Ltd where he led development of the
Kvanefjeld Uranium-REE Project. He has experience as a Company
Director, most recently as the Operations Director of Precious
Metals Australia Pty Ltd, and prior to that he was the Technical
Director of GMA Resources plc, a gold mining company operating in
North Africa.
Earlier in his career, Mr. Bunn worked at North Kalgoorlie Mines
(NKM) as Mill Superintendent for its Mt Percy Gold Mine and the
Croesus gold plant. In 1989 he joined Kalgoorlie Consolidated Gold
Mines (now Northern Star) where he held several positions,
including Projects Superintendent and Plant Superintendent. Mr.
Bunn's duties included responsibility for the mill circuit
rationalisation and optimisation work across all of the processing
operations, including the Fimiston, the Oroya and the Croesus Mills
and the Gidji roaster. Other projects supervised by Mr. Bunn during
his time at KCGM included the pre-feasibility studies into the
Phase lll and lV expansion of the Fimiston Mill, the Mt Charlotte
milling circuit feasibility study, and the conversion of the
Croesus Mill oxide circuit into a sulphide circuit. He was also
Project Manager for Taipan Resources' Ashburton Gold Project. This
high grade, underground mining operation and gold processing plant
was capable of producing in excess of 100,000 oz of gold per annum,
at very low operating costs.
Neil O'Brien, Chairman, said: "We are delighted to welcome Shaun
to the Empire Board as our new Managing Director and we are
confident that he will be a highly effective and valuable member of
our leadership team. Shaun's operations and projects experience,
particularly in the gold sector, further strengthen the team's
project evaluation and execution credentials. Moreover, Shaun's
origins and networks in the Western Australian mining sector will
further enhance Empire's ability to find and develop new
gold-focussed opportunities as we build on the platform of the
Eclipse Gold Project to become a successful gold mining company in
Western Australia."
Further information in relation to Shaun Ronald Bunn is provided
below.
The information required by Schedule 2 Paragraph (g) of the AIM
Rules for Companies in relation to the appointment of Shaun Ronald
Bunn (aged 60) as Managing Director is as follows:
Current Directorships Past Directorships
Shaun Bunn & Associates Pty Nil
Ltd
-------------------
Shaun Bunn Family Trust
-------------------
Mr. Bunn has no shares or options in the Company.
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 until the release of this
announcement.
**ENDS**
For further information please visit www.empiremetals.co.uk or
contact:
Mike Struthers Empire Metals Ltd Company Tel: 020 7907
9327
Ewan Leggat S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Adam Cowl S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Damon Heath Shard Capital Partners Joint Broker Tel: 020 7186
LLP 9950
Susie Geliher St Brides Partners Ltd PR Tel: 020 7236
1177
Cosima Akerman St Brides Partners Ltd PR Tel: 020 7236
1177
About Empire Metals Limited
Empire Metals' primary focus is on the Eclipse Gold Project in
Western Australia which produced 954 tonnes @ 24.6 g/t Au for
754.25 oz Au from the Eclipse shaft which operated up to 1910.
Empire owns 75% of Eclipse with a right to acquire a further
25%.
The Company also has a 50% joint venture in Georgia which covers
an area of over 860 sq km and has a 30-year mining licence. The
joint venture covers a variety of targets and projects ranging from
greenfield exploration / target definition phase through
intermediate target-testing phases to more advanced projects
including Kvemo Bolnisi East which is due to advance to Feasibility
Study.
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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END
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