White Rock - Changes to Chairman
White Rock - Changes to Chairman
Ballarat, Nov 9, 2018 AEST (ABN Newswire) - 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 a diversified explorer and near-stage producer, headquartered in Ballarat, Victoria. The Company's flagship exploration project is Red Mountain in central Alaska, where it has an earn-in joint venture arrangement with Sandfire Resources NL. At Red Mountain, there are already two high grade deposits, with an Inferred Mineral Resource of 9.1 million tonnes @ 12.9% ZnEq for 1.1 million tonnes of contained zinc equivalent. The Mt Carrington project, located near Drake, in Northern NSW, is a near-production precious metals asset with a resource of 341,000 ounces of gold and 23.2 million ounces of silver. White Rock Minerals is listed on the ASX:WRM.

 


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



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