Grant Ferguson is joining the Aruma Resources (ASX:AAJ) team as Managing Director, replacing Glenn Grayson who is stepping down to pursue other opportunities.
Ferguson, a resources executive and geologist with over three decades of experience, has experience in project evaluation, early stage and near-mine exploration, resource development, feasibility study management, stakeholder engagement, mine development and mining geology across open-pit and underground operations within Australia and overseas.
Ferguson’s experience spans the gold, base metals, iron ore and energy commodities across a range of geological settings.
Aruma brought in Ferguson to drive the company’s exploration strategy following the acquisition of the the Wilan Iron Oxide-Copper-Gold and Uranium Project in the Olympic Dam precinct in South Australia, and the Fiery Creek and Bortala copper-gold projects in the Mt Isa region of Queensland.
Chairman James Moses says Ferguson’s core focus will be on unlocking the value of the recently acquired projects.
“We are delighted to appoint Grant as the company’s new Managing Director and look forward to working with him as he seeks to unlock shareholder value from the company’s copper-gold and uranium exploration assets in South Australia and Queensland,” he says.
“Grant has extensive experience in the resources sector, and we look forward to seeing the company thrive under his leadership.”
Grayson, who stepped into the role as Managing Director in January 2023, has now ceased to be a director but will remain with Aruma until 26 November while he completes handover.
Aruma says Grayson played a key role in advancing the company’s exploration assets in Western Australia.
He also led the acquisition of the copper and uranium projects in South Australia and Queensland, which has seen Aruma expand its focus into the high-demand commodities in two of Australia’s well-known exploration hotspots.
Subsequently, Grayson led the initial exploration programs that advanced the new Fiery Creek Copper Project, where initial surface sampling returned high copper grades of up to 11.83% over 600m of strike at the Piper Prospect.
This program also uncovered up to 10,883 parts per million antimony and up to 31.3 grams per tonne silver.
“Glenn has expanded Aruma’s focus into copper and uranium through the recent acquisition of the exploration assets in Queensland and South Australia, leaving the company with a pipeline of highly prospective projects,” Moses says.
“We extend best wishes to Glenn as he embarks on the next stage of his career.”
Write to Angela East at Mining.com.au
Images: Aruma Resources
