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Premier1 Lithium Yalgoo

Froud steps down as Premier1’s Managing Director

Jason Froud has resigned as Managing Director of Premier1 Lithium (ASX:PLC) effective 1 December 2025 and will continue as a non-executive director.

Non-executive director Dale Hanna says Froud’s continued involvement will enable the company to “utilise his vast experience to maximise value from its existing Gold projects, being the Yalgoo Gold Project in the highly prospective Yalgoo-Singleton Greenstone Belt and the Abbotts North Gold Project in the Murchison region, both of which are located in Western Australia”.

Premier1’s strategic exploration strategy in Western Australia is powered by a dedication to discovering high value assets with precision and efficiency. 

Late last month, the company expanded a gold-in-soil anomaly at the Rochefort prospect within the Abbotts North Project, located 35km north of Meekatharra in the Murchison region. 

The anomaly extends over an area of 350m by 350m, remaining open to the south and peaking up to 30 parts per billion gold from reprocessing of regional and historical airborne magnetic data. 

Exploration Manager Paul Smith says the company plans to return to the field in January 2026 with a larger Ultrafine soil program to track this anomaly under cover and refine priority drill targets for testing in H1 2026.

Premier1’s portfolio is strategically positioned in the core of Western Australia’s legendary greenstone belts – renowned for their rich endowment of gold and copper deposits. 

Key assets include the Yalgoo Project in the highly prospective Yalgoo-Singleton Greenstone Belt and the Abbotts North Project in the Murchison region of Western Australia.

Write to info@mining.com.au at Mining.com.au

Images: Premier1
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