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HELIX RESOURCES LIMITED — Investor Presentation 2021
May 3, 2021
65059_rns_2021-05-03_cf62257b-e8be-42f8-ad44-4b4fb12975c0.pdf
Investor Presentation
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ASX Announcement
4 May 2021
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RIU Explorer’s Conference Presentation
Helix Resources Limited (ASX:HLX) is pleased to advise that the Company’s Managing Director, Mike Rosenstreich will be speaking to the attached presentation, “High Grade Cobar Copper” today at the RIU Explorer’s conference in Sydney.
This ASX release was authorised by the Board of Directors of Helix Resources Ltd.
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HLX
ABN: 27 009 138 738
ASX: HLX
Contact Details:
Helix Resources Limited 78 Churchill Avenue, SUBIACO, WA, 6008
Board of Directors:
Peter Lester Non-Executive Chairman Tim Kennedy Non-Executive Director Jason Macdonald Non-Executive Director Mike Rosenstreich Managing Director
Company Secretary
Ben Donovan
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PO Box 825 West Perth, WA, 6872
Email: [email protected] Web: www.helixresources.com.au Tel: +61 (0)8 9321 2644
Investor Contact:
Mike Rosenstreich Tel: +61 (0)8 9321 2644 Email: [email protected]
Corporate Office 78 Churchill Avenue Subiaco WA 6008 www.helixresources.com.au
T +61 8 9321 2644 F +61 8 9321 3909 E [email protected]
HIGH GRADE COBAR COPPER
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Mike Rosenstreich Managing Director
IMPORTANT NOTICES
This presentation has been authorised by the Board of Helix Resources Limited
Competent Persons Statement
The information in this report that relates to exploration results, Mineral Resource estimates and geological data for the Cobar projects is based on information generated and compiled by Mr Michael Wilson and Mr Mike Rosenstreich who are both employees and shareholders of the Company. Mr Wilson is a Member, and Mr Rosenstreich is a Fellow of the Australasian Institute of Mining and Metallurgy. They both have sufficient experience that is relevant to the styles of mineralisation and types of deposits under consideration and to the activities being undertaken to each qualify as Competent Person(s) as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Wilson and Mr Rosenstreich have consented to the inclusion of this information in the form and context in which it appears in this report.
Supporting Information
Details of JORC 2012 compliant information and the assumptions underlying all Resource estimations are contained in previous ASX releases or at www.helixresources.com.au For full details of recent exploration results refer to the ASX announcements 28 September 2020, 2 November 2020, 16 November 2020, 25 November 2020, and 23 December 2020. Helix Resources is not aware of any new information or data that materially effects the information in these announcements.
Disclaimer
This presentation has been prepared by Helix Resources Limited (“Company”). The presentation does not contain all the information that a prospective investor may require about the companies, their business or the proposal. It is not a complete statement of material information. Except where stated, the information disclosed in this presentation (“Information”) relates to the proposed business of the Company at the date of this document. This presentation does not contain advice relating to legal, taxation or investment matters. The Company makes no representation or warranty (express or implied) as to the accuracy, reliability or completeness of the Information. The Company and its subsidiaries, directors, employees, agents and consultants shall have no liability (including liability to any person by reason of negligence or negligent misstatement) for any statements, opinions, information or matters (express or implied) arising out of, contained in or derived from, or for any omissions from this presentation, except liability under statute that cannot be excluded.
This presentation does not contain an offer of securities in a Company, nor an invitation to apply for such securities. Nothing in this document should be construed as investment advice or financial product advice, whether personal or general, for the purposes of Section 766B of the Corporations Act. The document does not involve or imply a recommendation or a statement of opinion in respect of whether to buy, sell or hold a financial product. You should obtain professional advice and carry out your own independent investigations and assessment of the Information before acting.
Forward Looking Statements
This presentation may include forward-looking statements. These forward-looking statements are not historical facts but rather are based on Helix Resources Limited’s (Helix) current expectations, estimates and assumptions about the industry in which Helix operates, and beliefs and assumptions regarding Helix’s future performance. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “potential” and similar expressions are intended to identify forward-looking statements. Forward- looking statements are only predictions and are not guaranteed, and they are subject to known and unknown risks, uncertainties and assumptions, some of which are outside the control of Helix. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward-looking statements or other forecast. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward looking statements. Any forward- looking statements in this presentation speak only at the date of issue of this presentation. Subject to any continuing obligations under applicable law and the ASX Listing Rules, Helix does not undertake any obligation to update or revise any information or any of the forward-looking statements in this presentation or any changes in events, conditions or circumstances on which any such forward looking statement is based.
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2
INVESTMENT SNAPSHOT
Well funded, strong assets and a market cap of just $18M
EXISTING COPPER RESOURCES WITH MAJOR UPSIDE
-
52kt of copper metal in existing high-grade copper resources[1 ] with opportunities for major growth by extensional drilling
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Large scale prospective copper trends -120 kms but 80% was not effectively explored
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Recent ‘state-of-the-art’ geophysical survey (VTEM) - identified 24 high-priority targets
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First drilling at Canbelego resource intersects 24m of copper sulphides, 40m down dip of previous drilling
PROSPECTIVE NEIGHBOURHOOD
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Cobar – well endowed copper (& gold) province
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Exceptional infrastructure with towns, airport, roads, water, power, telecoms and processing options within 75km
REJUVENATED MANAGEMENT TEAM
- New management team with new exploration and business strategy
STRONG COPPER DEMAND FORECAST
- Copper price at 10 year highs
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Cobar, NSW
Sydney
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1 – Refer Appendix A
3
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STRATEGY The ‘right’ metals in the ‘right’ neighbourhood, to underpin a strong business case
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ENDEAVOR LEAD/ZINC [4]
C&M
Sandfire (ASX:SFR) JV
TRITTON COPPER
OPERATIONS [1]
25kt Cu pa
CSA MINE [2]
49.9kt Cu pa
MT BOPPY GOLD [5]
Planned - 24koz Au
PEAK GOLD
OPERATIONS [3]
46.6koz Au, 12.1kt Pb,
6.7kt Zn, 6.3kt Cu pa
HERA GOLD/BASE
METALS [3]
45koz Au pa
PEEL RESOURCES/BASE
METALS [7]
Metal Endowment 134kt Cu, 295kt
Zn, 145kt Pb, 20Moz Ag, 267koz Au
(May Day, Mallee Bull, Wagga Tank,
Southern Nights and Wirlong)
QUINTANA MINERAL HILL
GOLD/BASE METALS [6]
74kt Cu, 85kt Pb, 42kt Zn,
6Mpz Ag, 267koz Au
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HELIX’S STRATEGY
Focussed on the Cobar region, NSW
Major regional mineralised The ‘right’ neighbourhood - high trends: value exploration potential in a richly endowed province production hubs
-
Glencore (LSE:GLEN)
-
Aeris (ASX:AIS)
-
Sandfire Resources (ASX:SFR)
-
Aurelia (ASX:AMI)
-
Manuka (ASX:MKR)
-
emerging producers
-
Peel Resources (ASX:PEX)
-
Quintana Resources (pvt.)
-
Helix Resources (ASX:HLX)
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5
Refer Appendix B for details and data sources.
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COPPER STRATEGY Build up existing copper resources and accelerate rate of discovery on a regional scale to underpin a copper business case.
COPPER IN COBAR
Established, well endowed copper province
- Located in a region with +150 years copper production, ongoing new discoveries and numerous base metal and gold production hubs
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Cobar region - over 150 years of copper mining
7
COPPER IN COBAR – UNLOCKING REGIONAL POTENTIAL
24 High-priority copper targets identified on major regional trends
In March 2021, regional EM coverage increased from ~25km to ~120km of prospective copper trends.
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“EM finds copper in Cobar”
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3 Major regional scale copper trends:
1. Collerina Trend – 65 km
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The Central Zone (CZ) Mineral Resource of 2Mt at 2% Cu[1]
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‘On trend’ from Tritton, Kurrajong & Constellation-high grade copper discoveries
2. Rochford Trend – 30 km
- Canbelego copper (gold) deposit – 1.5Mt at 1.2% Cu (JORC 2004)
3. Meryula Trend -25 km
- Earlier stage Cu (+Pb-Zn) targets
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8
1 – Refer Appendix A for details. 60% Indicated & 40% Inferred
1. THE COLLERINA TREND
Hosts the CZ Copper Deposit
8 High priority targets identified located in:
Quanda Area
- South ‘on trend’ to Kurrajong Deposit (3-4Mt at 1.5-2.0% Cu)[1] and new high-grade Constellation copper discovery (Aeris ASX:AIS) assays eg 3.6m at 22.6% Cu & 5.85m at 4.6% Cu[2]
Honeybugle Area
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Largely untested area with prospective surface geochem and geology – re-ranked with high confidence EM anomalies
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CZ Deposit, North & South Extensions
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Extensions to current Mineral Resource, coincident with .
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magnetic high and surface Geochem. No drilling
Fiveways
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Subtle conductors, north on trend from Mt Royal and
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Carolina copper deposits (Tottenham (ASX:MCR))
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- 2 – AIS ASX Report, 9 March 2021 Constellation Deposit Continues to Grow
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1 – Exploration Target, refer Aeris Annual Report 2020
9
1. THE COLLERINA TREND
High-grade sulphide deposit
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Helix Discovery – 2016
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100% owned
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2Mt at 2.0% Cu & 0.1 g/Au for 40.4kt contained copper. (JORC2012)
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60% Indicated & 40% Inferred, by Cu tonnes)[1]
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Oxide & transitional Cu mineralisation is 13% of Mineral Resource
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High-grade shoots controlled by regional scale fold-hinges
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10
1 – Refer Appendix A for Mineral Resource details
1. THE COLLERINA TREND
CZ Deposit is open in all directions
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High-grade CZ shoot defined by south-east plunging fold axis
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Geological modelling has identified possible parallel plunging shoots – referred to ‘Fold Hinge geological model’
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Soon to be tested by diamond drilling after RC failed to hit targets
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11
1. THE COLLERINA TREND
Clear geological analogies with Aeris’ (ASX:AIS) Constellation Discovery
Collerina drill core – from 5 metres at 4.8% Cu
Collerina drill core – from 11 metres 6.6% Cu (CODD001 from 81 metres downhole)
(CORCDD090 from 330 metres downhole)
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4% Cu
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17% Cu
Constellation drill core – 5.85 metres at 4.6% Cu , 0.96g/t Au & 8.4g/t Ag (TAKD006 from 200.1 metres downhole)[1]
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12
1 - AIS ASX Report, 9 March 2021 Constellation Deposit Continues to Grow
2. ROCHFORD TREND
Newly extended, large scale copper trend
10 High-priority targets identified located in:
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Boppy Broken Hill Area
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Canbelego Extensions North, South
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& West (refer inset)
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Possible extensions and
repeats of the Canbelego deposit
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Caballero
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Bijoux Prospect
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13
1 – Refer Appendix A ‘Mineral Resources’ for details
2. ROCHFORD TREND
Canbelego - opportunities to extend deposit in all directions
Canbelego
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Canbelego Inferred Resource of 1.5 mt at 1.2% Cu (JORC 2004)[1]
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Drilling commenced 16 April
-
Co-funded, JV with local Producer, Aeris Resources (ASX:AIS) on EL6105; Helix 70% and manager
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Diamond drillhole, CANDD001, intersected 24m of copper sulphide mineralisation from 257m downhole .
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(assays pending)
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Now, extended known mineralisation 40m down dip
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2[nd] drill hole in progress to extend copper mineralisation further.
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14
1 – Refer Appendix A ‘Mineral Resource Estimates’ for details
2. ROCHFORD TREND
Canbelego – recent diamond drilling extends known mineralisation
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24m of copper sulphide mineralisation interval
- on target at ~16m true width
‘Typical’ Canbelego style disseminated and vein – copper sulphide (chalcopyrite) mineralisation.
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CANDD001 – copper sulphide textures centred ~278m.
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Assays in June 2021
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15
2. ROCHFORD TREND
Canbelego – VTEM has highlighted potential for repeat lodes
Canbelego Extensions
- Down-dip - currently drilling down-dip extensions to the ‘known’ Canbelego mineralisation
as well as
-
Recent VTEM highlighted potential extensions to the North, South & East
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Well supported by Strong copper surface geochem
Follow-up work in progress/planned:
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Surface and downhole EM
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Surface geochem sampling
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‘Light’ RC drill traverses across target zones
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Diamond drill testing of new refined targets
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1 – Refer Appendix A ‘Mineral Resource Estimates’ for details
3. MERYULA TREND
Almost forgotten but exciting early stage targets
Meryula Trend - Six high priority targets identified:
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Strong EM anomalies highlight prospective stratigraphy and structural sites
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John’s Hill Area
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Discrete EM anomaly near historical workings (western limb)
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Amitys Area
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Discrete EM anomaly on target stratigraphy (eastern limb)
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17
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INVESTOR PERSPECTIVES
CORPORATE SNAPSHOT
| ASX CODE | HLX | SHARE PRICE GRAPH - 12 MONTHS TO 27 APRIL 2021 | SHARE PRICE GRAPH - 12 MONTHS TO 27 APRIL 2021 |
|---|---|---|---|
| Share price (at 27 April 2021 close) | A$0.016 | ||
| Shares on issue | 1,094M | ||
| Unlisted options | 36.5 M | ||
| Market capitalisation | A$17.5M | ||
| Number of Shareholders | 2,250 | ||
| Cash & Receivables Estimate (at 31/3/2020) |
A$2.7M | ||
| Cobar, NSW | |||
| MAJOR SHAREHOLDERS | % | BOARD OF DIRECTORS | |
| Yandal Investments Pty Ltd | 4.5% | Peter Lester | Non-Executive Chairman |
| Metech Super Pty Ltd | 2.9% | Mike Rosenstreich | Managing Director |
| Directors & Management | 3.2% | Tim Kennedy | Non-Executive Director |
| Top 20 | 30% | Jason Macdonald | Non-Executive Director |
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Refer Appendix 3 for Board & Management details
19
CORPORATE PERSPECTIVES – 2021 WORK PROGRAM
Systematic pipeline of work and news flow
Q1 2021
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Copper Trends
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Surface EM and DHEM surveys for drill targeting
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Reprioritise and rank with ‘new’ targets from EM surveys
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Surface geochem sampling – for target definition
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Work on 120 km of prospective copper trends
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Collerina
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Rochford
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Meryula
Q2 2021
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Started Drilling – DDH & RC at Canbelego & CZ deposit areas;
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extensional & infill drilling to grow the scale and confidence of the resources
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Regional target test drilling -focus high-priority targets identified in Q1
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Surface geochem sampling (ongoing) – regional & drill target scale
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Metallurgical sampling and test work design
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Drilling – continue resource extensional ‘step-out’ holes
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Q3 2021
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Regional targets – continue drilling (reprioritising with new data)
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Surface & downhole EM – follow up of new and extended targets
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Initial development studies – mining, processing, environmental &
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permitting
20
CORPORATE PERSPECTIVES – INVESTMENT SUMMARY
Compelling Australian copper exploration opportunity – why?
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Because….
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Well funded
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Defined copper resources – open ended growth potential; as just demonstrated with drilling at Canbelego
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24 significant, new copper targets in a highly mineralised copper terrain
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Aggressive 2021 drilling program commenced
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focused management team, with new strategy
And the current market value is just ~$18 million.
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21
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CONTACT
MIKE ROSENSTREICH Managing Director [email protected] 78 Churchill Avenue, Subiaco WA 6008 PO Box 825, West Perth WA 6872 T: +61 8 9321 2644 helixresources.com.au
ASX:HLX
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APPENDIX A
Mineral Resource estimates
Collerina Copper CZ (June 2019) (0.5% Cu cut-off)
| Classification | Type | Tonnes | Copper | Gold | Contained Copper | Contained Copper | Contained Gold | ||
|---|---|---|---|---|---|---|---|---|---|
| Mt | % | g/t | t | Oz | |||||
| Indicated | Oxide/Transition | 0.17 | 1.1 | 0.0 | 1,900 | 200 | |||
| Inferred Total Indicated Inferred Total |
Oxide/Transition Oxide/Transition Fresh Fresh Fresh |
0.46 0.63 0.83 0.57 1.40 |
0.6 0.7 2.6 2.5 2.6 |
0.0 0.0 0.2 0.1 0.2 |
2,700 4,600 21,800 14,100 35,800 |
100 300 6,600 2,500 9,100 |
|||
| Indicated | Oxide/Transition | 0.17 | 1.1 | 0.0 | 1,900 | 200 | |||
| Indicated Inferred |
Fresh Oxide/Transition |
0.83 0.46 |
2.6 0.6 |
0.2 0.0 |
21,800 2,700 |
6,600 100 |
|||
| Inferred | Fresh | 0.57 | 2.5 | 0.1 | 14,100 | 2,500 | |||
| Total | Combined | 2.02 | 2.0 | 0.1 | 40,400 | 9,400 | |||
| (Rounding discrepencies may occur in summary tables) | |||||||||
| *Canbelego(October 2010) ** | (0.5% Cu cut-off) | ||||||||
| Classification Inferred Total |
Type Oxide/Transition/Fresh Combined |
Tonnes Mt 1.50 1.50 |
Copper % 1.2 1.2 |
Gold g/t N/A N/A |
Contained Copper t 18,000 18,000 |
Contained Gold Oz N/A N/A |
Cobar Gold (November 2019) (0.4g/t Au cut-off)
| Deposit | Classification | Type | Tonnes | Gold | Contained Gold |
|---|---|---|---|---|---|
| Mt | g/t | Oz | |||
| Sunrise | Inferred | Oxide/Transition | 1.58 | 1.1 | 56,400 |
| Good Friday | Inferred | Oxide/Transition | 0.45 | 0.9 | 13,700 |
| Boundary | Inferred | Oxide/Transition | 1.54 | 0.9 | 42,800 |
| Battery Tank | Inferred | Oxide/Transition | 0.18 | 1.0 | 5,900 |
| Total | 3.75 | 1.0 | 118,800 |
(Rounding discrepencies may occur in summary tables)
| Battery Tank Inferred Oxide/Transition 0.18 1.0 5,900 Total 3.75 1.0 118,800 (Rounding discrepencies mayoccur in summary tables) |
Battery Tank Inferred Oxide/Transition 0.18 1.0 5,900 Total 3.75 1.0 118,800 (Rounding discrepencies mayoccur in summary tables) |
Battery Tank Inferred Oxide/Transition 0.18 1.0 5,900 Total 3.75 1.0 118,800 (Rounding discrepencies mayoccur in summary tables) |
Battery Tank Inferred Oxide/Transition 0.18 1.0 5,900 Total 3.75 1.0 118,800 (Rounding discrepencies mayoccur in summary tables) |
Battery Tank Inferred Oxide/Transition 0.18 1.0 5,900 Total 3.75 1.0 118,800 (Rounding discrepencies mayoccur in summary tables) |
Battery Tank Inferred Oxide/Transition 0.18 1.0 5,900 Total 3.75 1.0 118,800 (Rounding discrepencies mayoccur in summary tables) |
|---|---|---|---|---|---|
| Cobar Gold (November 2019) (1.2g/t Au cut-off) | |||||
| Deposit | Classification | Type | Tonnes | Gold | Contained Gold |
| Mt | g/t | Oz | |||
| Sunrise | Inferred | Oxide/Transition | 0.50 | 2.1 | 33,100 |
| Good Friday | Inferred | Oxide/Transition | 0.10 | 1.7 | 5,300 |
| Boundary | Inferred | Oxide/Transition | 0.22 | 1.8 | 12,900 |
| Battery Tank | Inferred | Oxide/Transition | 0.05 | 1.9 | 3,000 |
| Total | 0.87 | 1.0 | 54,300 |
(Rounding discrepencies may occur in summary tables)
(Rounding discrepencies may occur in summary tables)
- JORC 2004 Compliant Resource: For full details regarding estimation methodologies please refer ASX announcement on 1 October 2010 – reported as 100% of deposit
All resources are reported as JORC2012 compliant, unless stated otherwise
NO CHANGE - Helix confirms that it is not aware of any new information or data that materially affects the information included in its ASX releases dated 11 June 2019 and 7 November 2019. All material assumptions and technical parameters underpinning the estimates in those releases continue to apply and have not materially changed.
COLLERINA ASX EXPLORATION REPORTS - For full details of exploration results refer to Helix ASX releases dated 4 February 2015, 29 June 2016, 1 December 2016, 3 August 2017, 8 November 2017, 14 February 2018, 27 February 2018, 5 April 2018, 14 May 2108, 13 June 2018, 18 July 2018, 16 November 2018, 10 December 2018, 11 June 2019, 17 November 2019, 4 December 2019, 14 January 2020, 24 March 2020, 2 April 2020, 28 September 2020,15 February 2021, 9 March 2021 and 23 March 2021. Helix is not aware of any new information or data that materially effects the information in these announcements.
COBAR GOLD ASX EXPLORATION REPORTS - For full details of exploration results refer to the ASX announcements 25 Nov 2010, 22 Feb 2011, 24 May 2011, 13 July 2011, 17 Aug 2011, 4 Oct 2012, 24 Jan 2017, 26 Apr 2017, 17 Jul 2017, 23 Aug 2017, 6 November 2019, 25 May 2020, 23 July 2020, 6 August 2020, 21 September 2020, 8 October 2020, 27 October 2020 and12 January 2021. Helix Resources is not aware of any new information or data that materially effects the information in these announcements.
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23
APPENDIX B – REGIONAL PRODUCERS & DEPOSITS
References
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TRITTON COPPER OPERATIONS[1]
-
Produces 25kt Cu pa
-
Ore Reserves 5.7Mt @ 1.5% Cu
-
Mineral Resources 17.5Mt @ 1.5% Cu
Aeris Resources 2020 Annual Report
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HERA GOLD/BASE METALS[3]
-
Produces 45koz Au pa
-
Ore Reserves 1.2Mt @ 1.4g/t Au, 3.0% Pb, 4.7% Zn, 38g/t Ag
-
Mineral Resources 1.4Mt @ 1.6g/t Au, 3.1% Pb, 4.8% Zn, 40g/t Ag
Aurelia Metals 2020 Annual Report
CSA MINE[2]
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Produces 49.9kt Cu pa
-
Largest operation in region
http://www.csamine.com.au/
PEAK GOLD OPERATIONS[3]
-
Produces 46.6koz Au, 12.1kt Pb, 6.7kt Zn, 6.3kt Cu pa
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Ore Reserves 3.3Mt @ 2.3g/t Au, 0.9% Cu, 2.8% Pb, 2.9% Zn, 16g/t Ag
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Mineral Resources 11.3Mt @ 1.5g/t Au, 1.4% Cu, 1.0% Pb, 1.2% Zn, 10g/t Ag
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ENDEAVOR LEAD/ZINC[4]
-
Currently Care & Maintenance
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Sandfire (ASX:SFR) earn in 100% for $30m
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SFR Announcement 27/10/2020
MT BOPPY GOLD[5]
-
Planned production 24koz Au
-
Ore Reserves 0.27Mt @ 3.0g/t Au
-
Mineral Resources 0.37Mt @ 3.23g/t Au
Manuka Resources 2020 Annual Report
Aurelia Metals 2020 Annual Report
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MINERAL HILL[6]
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Multi-deposits: Parkers Hill, Red Terror, SOZ & EOZ
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Metal Endowment: 74kt Cu, 85kt Pb, 42kt Zn, 6Mpz Ag, 267koz Au
KBL 2015 Annual Report
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COBAR BASE METAL ASSETS[7]
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Multi-deposits: May Day, Mallee Bull, Wagga Tank, Southern Nights and Wirlong
-
Metal Endowment: 134kt Cu, 295kt Zn, 145kt Pb, 20Moz Ag, 267koz Au
Peel Mining 2020 Annual Report
24
APPENDIX C
Directors & Management
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Peter Lester Mining Engineer Non Executive Chairman
Mr Lester has over 40 years experience in the mining industry and has held senior executive positions with North Ltd, Newcrest Mining Limited, Oxiana/Oz Minerals Limited and Citadel Resource Group Limited.
Mr Lester’s experience covers operations, project and business development and general corporate activities including financial services. He has been a Director of several ASX listed resource companies.
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Mike Rosenstreich
Geologist Managing Director
Mr Rosenstreich contributes over 30 years technical, corporate and financial experience.
He has held senior geological roles covering exploration, development and production. He worked in resource banking with NM Rothschild before becoming founding Managing Director of Bass Metals, leading it from IPO, exploration success and over 5 years of base and precious metals production. Since late 2013, he has held several executive roles with ASX listed companies focused on ‘specialty materials’ such as tantalum, graphite and REE as well as gold and base metals in Australia and off-shore.
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Tim Kennedy Geologist Non Executive Director
Mr Kennedy has over 30 years experience in the mining industry including extensive involvement in the exploration, discovery, feasibility and development of gold, nickel, PGE, base metals and uranium projects throughout Australia.
He has held senior management positions with several resources companies including Resolute and Anglo American. His most recent role was as Exploration Manager with Independence Group NL (ASX: IGO), which during his 11 years tenure grew from being a junior explorer to a multi-asset and multi-commodity mining company.
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Jason Macdonald
Lawyer Non-Executive Director
Mr Macdonald is a qualified legal practitioner, focused on mining corporate and commercial issues.
Mr Macdonald is also a director of several private resource Cobar, NSW companies and has a diverse range of corporate, equity capital market and mining related experience.
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