Precious and base metals explorer and Adriatic Metals PLC (ASX:ADT) has made two key appointments to the senior management team.
Experienced finance professional Geoff Eyre has been appointed Chief Financial Officer of the company. Mr Eyre has more than 15 years of experience holding senior positions with companies in the mining industry including producing assets, exploration and development stage companies and private equity investment funds.
Most recently as CFO of Avesoro Resources Inc, Mr Eyre was involved in the turnaround in performance of the New Liberty gold mine in Liberia, its acquisition of the Youga gold mine in Burkina Faso and the company’s subsequent acquisition by its largest shareholder.
Mr Eyre was the CEO of Amlib Holdings Plc, an exploration and development company with assets in Liberia, prior to its acquisition by MNG Gold in 2014 and oversaw the financial aspects of the company’s post acquisition mine build. He was also the Group Financial Controller of Ferrexpo Plc, the Ukrainian iron ore producer, during its IPO on the London Stock Exchange.
Sean Duffy who has been CFO of Adriatic since November 2017 will be leaving the company in 2020 following a handover period.
Adriatic also revealed that following the retirement of Bob Annett in December 2019, it has appointed Phillip Fox as Chief Geologist, based in Vares in Bosnia and Herzegovina.
Mr Fox is an experienced exploration geologist with extensive knowledge of the Tethyan mineral belt gained whilst Exploration Manager at Dunav Resources. Most recently Mr Fox was Project Manager at Toachi Mining Inc in Ecuador, where the deposit shares many similarities with Rupice.
‘The addition of both Geoff and Phil to the senior management team at Adriatic clearly shows our intent to develop our existing assets into production, and expand our known resource base in this prolific district,” Adriatic’s Managing Director and CEO Paul Cronin, said.
Adriatic Metals PLC holds a 100% interest in the Vareš Project in Bosnia and Herzegovina. The Project comprises a historic open cut mine at Veovača and brownfield exploration at Rupice, an advanced proximal deposit which exhibits exceptionally high grades of base and precious metals