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- Australasian Metals is engaged in the exploration and development of gold and lithium projects in Australia.
- The Company is managed and guided by a highly experienced Board, working to create significant value for the shareholders.
- The leadership team comprises resource veterans who have vast collective industrial and commercial experience.
Australasian Metals Limited (ASX:A8G) is a diversified mineral explorer with significant exposure to gold and lithium projects in Australia. The Company under its belt has four gold projects and two lithium projects.
Gold and lithium are highly sorted metals in the commodity sector. The precious metal is treated as a ‘safe haven’ for investments when uncertainty clouds over the capital market and as the right investment instrument to hedge against inflation. The recent boom in the electric vehicle segment has made lithium exploration a highly lucrative business. Lithium has emerged as the new oil for the transport and battery storage industries.
Australasian Metals’ decision to pursue these two hot commodities is in line with the Company’s objective to create maximum value for its shareholders.
Having said that, let us get ourselves acquainted with the highly skilled and qualified leadership team of Australasian Metals, which has been taking prudent decisions and steering the Company on a high-growth path.
Mr Rory McGoldrick, a qualified lawyer, has over 15 years of experience in advising public companies on a wide range of corporate matters. He possesses strong experience in Corporations Act and ASX Listing Rules compliance, corporate governance, capital raising and acquisitions.
As a lawyer and an advisor, Mr McGoldrick has extensive experience in the energy and resources space. Since 2010, he has played a key role in the early-stage development of a number of mining and energy projects in the European region.
Previously, he held the position of a Non-Executive Director in Pilot Energy Ltd (ASX:PGY).
Dr Qingtao Zeng has extensive experience as a consulting geologist. He has provided his expert services to Eldorado Gold Limited CSA Global Pty Ltd. Since 2016, Mr Zeng has been involved in lithium exploration and offtake arrangement through investment.
Dr Zeng serves at the Board of Metalstech Limited (ASX:MTC), Winsome Resources Limited (ASX: WR1) and AIM-listed Kodal Minerals Plc as a Non-Executive Director.
He has a PhD in geology from the Centre of Exploration Targeting (CET), University of Western Australia. He has authored and published several academic papers on gold and its related geological structures.
Mr Zeng is an active member of the Australasian Institute of Mining and Metallurgy (AusIMM) and the Society of Economic Geologists.
Mr Graeme Fraser has a strong experience of over two decades in the mining industry, including international exposure. He is well-versed with all phases of mining operations, be it exploration, production or corporate affairs.
Mr Fraser has worked as an Exploration Manager for Eldorado Gold for its Tanjianshan Project in China, where he led a team of local staff and played a key role in the discovery of the “323 zone”. The zone had no past record of mineralisation. Exploration work continues on the project, which is emerging as a world-class deposit.
During his vast professional stint, he has held key management positions including the CEO of Altius Mining Limited, which is now known as Australian United Mining Ltd (ASX:AYM).
He is also a member of AusIMM.
In essence, the highly competent leadership team boasts high-grade technical and commercial skills, with strong experience in mineral exploration and mining development projects. The robust background and experience of the A8G team is expected to remain instrumental for the development of the Company’s projects in the coming years.
The Company is progressing aggressively on its lithium projects, which are expected to add significant value to the Company and its shareholders.
A8G shares were trading at AU$0.340 on 8 June 2022. The shares have gained close to 100% in the last one year.
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