Lode Resources Ltd (ASX: LDR) has announced the appointment of Mr. Jason Beckton as Lode’s executive director – resource development effective as of 9 July 2024.
Mr. Beckton is a professional geologist with over 30 years’ experience in exploration, project development, production, and management in Australia and internationally. He has been a non-executive director of the company since September 2020.
Lode’s executive chairman, Andrew van Heyst noted, “This is an important appointment for Lode. As we move the Webbs Consol Silver project towards a maiden resource Jason’s expertise and engagement will be critical in delivering a commercial outcome for our shareholders and stakeholders. His previous work with the resource drill out at Palmarejo in particular will help guide our programmes going forward.”
In addition, Mr. Beckton commenced his career with Pancontinental and Goldfields Ltd throughout Australia from the early 1990s before moving to a senior role with Gympie Gold in 2001. Subsequently, he was Bolnisi Gold NL’s Project Manager for the Palmarejo silver gold project in northern Mexico during 2004.
The Palmarejo Mine, acquired by Coeur d’Alene Mines Corp in 2007 via its acquisition of Bolnisi in a transaction valued at US$1.1B, had forecast annual production of 12Moz Ag and 110Koz Au beginning in 2009. As of 2023, the Palmarejo complex represents 64% of Coeur’s silver production and 32% of its gold production.
Mr. Beckton commented, “I believe our assets in the New England Fold Belt have great potential. The assay results and widths at Webbs in particular are compelling and I am very keen to move this project into JORC resources status. I expect the upcoming 2,200m, 17-hole programme at Webbs will contribute greatly to our understanding of the scale of our discoveries there.”
To find out more, please visit www.loderesources.com
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