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Polymetals Resources bolsters board ahead of further development at new Endeavor Zinc-Lead-Silver Mine, NSW

Australian miner and explorer Polymetals Resources (ASX:POL) is welcoming some new faces to its board following the completion of its Endeavor Zinc-Lead-Silver Project acquisition earlier this month.

The company reports Matthew Gill and Jess Oram have been appointed to the board as non-executive directors as Polymetals prepares to advance exploration, ore reserve growth, and development work at Endeavor, which lies in the Cobar Basin of New South Wales.

Additionally, Polymetals notes Chris Schroor has retired from the company’s board. Mr Schroor has served as a non-executive director since November 2020.

The company says Mr Gill is a mining engineer with over 40 years of experience and a strong technical, operational, and executive management background. He has previously worked as an underground miner, mine planning engineer, supervisor, General Manager, and Chief Executive Officer (CEO)/Managing Director in Australia, Papua New Guinea, India, Ghana, and Bolivia.

Polymetals also reports Mr Gill was ‘instrumental’ in developing the Porgera Gold Mine in Papua New Guinea and Beaconsfield Gold Mine in Tasmania, along with the Ballarat and Morning Star gold mines in Victoria.

Gill previously served as the CEO and Managing Director of White Rock Minerals (ASX:WRM) and Group Chief Operating Officer (COO) for LionGold Corp (SGX:A78), and he has also worked for Castlemaine Goldfields, Rio Tinto (ASX:RIO), Wiluna Mining Corporation (ASX:WMC), Placer Pacific, and Renison Goldfields.

The company also notes Gill has also held the position of board member and president of the Tasmanian Minerals Council and has been the chair of the MCA Victoria division and deputy chair of AMEC Victoria.

Meanwhile, Polymetals reports Mr Oram is an exploration geologist with over 30 years of experience in mineral exploration and management across a variety of commodities.

The company says he has ‘significant’ experience in uranium, base, and precious metals exploration and notes he has been involved in mineral discovery, delineation, expansion, and feasibility studies.

Mr Oram is currently the Senior Vice President-Exploration for Paladin Energy (ASX:PDN) and has previously served as Exploration Manager, CEO, and Executive Director of Cauldron Energy (ASX:CXU), as well as non-executive Chairman of Critical Resources (ASX:CRR).

Commenting on the appointments, Polymetals Resources Executive Chairman Dave Sproule says: “I am delighted at the depth of experience and capability in the new board and management team appointees present to the company.

We have much work ahead of us during the coming months on numerous fronts, but now with the significant near-surface metal endowment confirmed by recent drilling at Endeavor, we can progress our planned work streams with much greater confidence that operational recommencement is the right path for Polymetals.

We have assembled a great team of practical mining professionals, and I very much look forward to working alongside the group with the core focus of unlocking great opportunity from Endeavor”

We have assembled a great team of practical mining professionals, and I very much look forward to working alongside the group with the core focus of unlocking great opportunity from Endeavor and adding significant value for our shareholders and Cobar Basin stakeholders.”

Polymetals is an Australian mining and exploration company focused on precious and base metals. The company’s portfolio includes the Endeavor Zinc-Lead-Silver Mine in central western New South Wales, along with the Alahiné and Mansala Gold projects in Guinea.

The Endeavor Project covers an area of 1,107km-square in the Cobar Basin, which is considered a ‘world-class’ base and precious metals mining district.

Images: Polymetals Resources
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Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.