Wayne Bramwell has stepped down as non-executive Chair of OD6 Metals (ASX:OD6), retiring from the board effective 31 January 2025 due to increasing commitments associated with his executive and industry body commitments.
Founding Chair and current non-executive director Darren Holden will reassume the role.
OD6 Managing Director Brett Hazelden has thanked Bramwell for his contribution, “especially associated with the diversification of the company into copper, with the recent acquisition of Gulf Creek Copper Project in New South Wales”.
The news comes just weeks after the company completed the acquisition of the Gulf Creek Copper Project, a volcanogenic massive sulphide (VMS) deposit located near the town of Barraba in New South Wales.
Further, OD6 was reimbursed $48,000 for the environmental bond that was transferred into the name of privately held Gulf Creek Copper, which is a wholly owned subsidiary of OD6.
Gulf Creek was mined at around the turn of the 20th century and was once regarded as the highest grade copper mine (2% to 6.5% copper) in New South Wales until its closure due to weak copper prices in 1912.
Very little exploration has occurred at the project in over 100 years, with OD6 aiming to apply modern day exploration technologies.
Write to Adam Orlando at Mining.com.au
Images: OD6
