Mr Phillips has advised the Board just prior to today's Annual General Meeting of his intention to step down as Chairman and as a Member of the Board prior to the end of this calendar year. Mr Phillips has held the role of Chairman since foundation of the Company in 2010. Mr Phillips has overseen the development of Mount Carrington to a positive gold first pre-feasibility and the acquisition of and development of a high-grade zinc VMS project at Red Mountain. Mr Phillips leaves the Company with two very good Projects.

The Board acknowledges and thanks Mr Phillips for his significant contribution and guidance.

White Rock Minerals is pleased to announce that Non-Executive Director, Mr Peter Lester will take up the position of Chairman later this year when current Chairman, Mr Brian Phillips steps down.

Mr Lester has been a Non-Executive Director since 2013. Mr Lester has over 40 years experience in the Mining Industry and has held senior executive positions with North Ltd, Newcrest Mining Limited and Oxiana/Oz Minerals Limited and Board positions with Doray Minerals Ltd, Kidman Resources Ltd, Helix Resources Ltd and Citadel Resource Group Limited. The Board looks forward the next steps under the guidance of Mr Lester.

The Company will update the market when the date of change occurs.


About White Rock Minerals Ltd

White Rock Minerals Ltd (ASX:WRM) is an Australian listed minerals exploration and development company with projects located in northern NSW (gold and silver) and central Alaska (zinc, silver, lead and gold). The White Rock vision is to explore and develop both precious and base metal projects.

White Rock's cornerstone asset is the Mt Carrington epithermal gold-silver project in northern NSW. The Mt Carrington project has great leverage to the Australian gold and silver prices with a positive scoping study providing a path towards feasibility studies and development in the near term.

White Rock is also exploring the Red Mountain project in Alaska. Red Mountain is a globally significant advanced VMS project with high grade zinc and silver in two deposits. White Rock is exploring for additional high grade deposits that will enhance the projects leverage to an upturn in the fortunes of zinc and silver.

 

Contact

Matthew Gill (Managing Director & CEO)
Phone: +61-3-5331-4644

Shane Turner (Company Secretary)
Phone: +61-3-5331-4644
Email: info@whiterockminerals.com.au
Website: www.whiterockminerals.com.au



Link: White Rock - Changes to Chairman



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Related Industry Topics:
Mining Gold Zinc