Meet Eclipse Metals’ Leadership Team Driving Devil’s Elbow U-Au-Pd and Queensland Mn Projects  

  • Jun 23, 2020 AEST
  • Team Kalkine
Meet Eclipse Metals’ Leadership Team Driving Devil’s Elbow U-Au-Pd and Queensland Mn Projects  

Summary

  • Eclipse Metals possesses highly competent leadership team, capable of efficiently dealing with ever-changing market situations.
  • The leadership team at EPM holds a track record of developing and bringing projects to the capital markets.
  • Led by a well-qualified and experienced board and management team, Eclipse Metals remains committed to advance on its key projects- Devil’s Elbow U-Au-Pd Project and Queensland Mn Project.

“Right Time, Right Commodities, Right Projects”

The mantra is the ethos of many successful explorers and miners. Though commodity price cycles and governing market dynamics are extremely difficult to manage, a mineral explorer and developer under a decisive and competent management position foresees the future and invests in appropriate commodities, at the right time.

Such is the story of Eclipse Metals and we are proud to share it with you!

Years ago, in 2011, the Fukushima disaster let down public confidence in nuclear power, substantially disrupting the uranium commodity market dynamics in short to medium term purview. Same year, Australian mineral exploration company, Eclipse Metals Limited (ASX:EPM) got listed on the ASX, holding highly prospective uranium tenements in Northern Territory. In the past decade, uranium has experienced a turnaround story and a paradigm shift.

Meanwhile, EPM also diversified its portfolio with the acquisition of prospective manganese, vanadium and precious metal projects across the tier 1 mining jurisdictions of Northern Territory and Queensland.

Recently for its Devil’s Elbow U-Au-Pd prospect located within the renowned Alligator Rivers Uranium Field, the Company secured the grant of Exploration Licence, EL27584, which coincides with bull run in uranium prices. This is an important milestone for EPM, enhancing value of the project area with significant historical exploration expenditure. Future exploration planning is underway with drilling activity at the prospect planned for 2020.

Eclipse Metals’ Stock Skyrockets 12.5% on Bourses Post Grant of Devil's Elbow EL27584: Must Read

Another key project of the Company is Queensland Manganese Prospect, which previously defined high-grade manganese mineralisation. Eclipse Metals plans to continue work on the project during 2020.

To know more about the two projects, please read Eclipse Strengthening Foothold Across Two Aces- Devil’s Elbow U-Au-Pd and Queensland Manganese Projects

Having said that, let us quickly get acquainted with the Board and Management Team at Eclipse Metals, making prudent decisions for the Company.

Mr Carl Popal, Executive Chairman

Long-standing Executive Chairman of Eclipse Metals, Mr Popal, who stepped down from his position in May 2018 due to personal reasons, resumed the role of Executive Chairman in mid-March 2020. He has entrepreneurial experience of more than two decades, including arenas but not limited to minerals exploration, corporate and asset management, construction, and commodities trading.

Since the early 2000s, Mr Popal has managed several entities engaged in providing services related to international trading. His work tenure of around 15 years includes business and property development experience. He has also worked with a network of companies, managing their commercial dealings in Asian countries including India, China and Malaysia, as well as internationally.

In the past, he served as Chief Executive Director of publicly traded Paynes Find Gold Ltd and a Director of Ghan Resources Pty Ltd.  

Currently, Mr Popal is also the Managing Director of Popal Enterprise Pty Ltd.

Mr Rodney Dale, Non-Executive Director

Serving as a Non-Executive Director of Eclipse Metals, Mr Dale holds more than 56 years of experience across mineral exploration and mining operations, covering gold and base metals, with exposure to several parts of Africa, Australia and Indonesia. He holds Fellowship Diploma in Geology from the Royal Melbourne Institute of Technology (RMIT) and is a fellow of the Australasian Institute of Mining and Metallurgy (AusIMM).

In the past, Mr Dale managed gold mines in Western Australia and has served as an independent geological consultant apart from directorships he held at ASX-listed firms. Recently, in South America, India, China, Africa and Australia, he has been engaged with the assessment of iron ore projects.  

Mr Ibrar Idrees, Non-Executive Director

Mr Idrees, appointed as a Non-Executive Director of EPM in May 2018, holds more than 10 years of professional and corporate experience across varied industries in regions including Australia and South Asia.

Mr Idrees, who has served at several business development and financial positions in small and large firms across sectors, also practices as an accountant. He holds a bachelor’s degree in commerce with major in accounting and finance.

Mr Pedro Kastellorizos, Independent Non-Executive Director

Addition of Mr Pedro Kastellorizos to the EPM Board, effective on 1 July 2020, as an Independent Non-Executive Director was announced on 23 June 2020. As a geologist, Mr Kastellorizos holds more than two decades of extensive experience with multi-commodity exploration, geological interpretation and underground mining projects, in addition to tenement trading and corporate management.

In the past, he held various positions on the boards of UK and ASX-listed companies including Regency Mines PLC, Genesis Resources Ltd and Batavia Mining Limited. He also served at senior exploration geologist and underground geologist positions at Northern Gold NL and Burnside Operations Pty Ltd.

In addition to his engagement in uranium exploration in Arnhem Land during his tenure at Afmeco Mining & Exploration Pty Ltd, Mr Kastellorizos was involved with the Northern Territory Geological Survey targeting the Arnhem Land region.  

Ms Eryn Kestel, Company Secretary

A Bachelor of Business (majoring in accounting) and Certified Practising Accountant (CPA), Ms Kestel is serving the Company as a Company Secretary since June 2014. Her expertise lies in company secretarial and administration matters. She holds extensive exposure to secretarial requirements, document drafting, management accounting and corporate governance issues.

Ms Kestel also serves as a Corporate Compliance Adviser to financial planning services business, NKH Knight Holdings Pty Ltd, and as a Company Secretary for multiple publicly traded junior mining companies.  

Undoubtedly, Eclipse Metals’ board and management team members have high-calibre technical and management skills. And, their immense experience and robust background would be crucial for the Company’s development in coming years.   

The Company, which has held together all its major shareholders since 2011, remains committed to creating substantial value generation for them. In the three-month period, the EPM stock has delivered a return of 133.33%. The stock closed at $0.008 on 23 June 2020, moving upward by 14.286% from its previous close.

 

 


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