Meet the team guiding Aeramentum Resources to reach new heights

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Meet the team guiding Aeramentum Resources to reach new heights

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 Meet the team guiding Aeramentum Resources to reach new heights
Image source: Aeramentum Resources

Highlights

  • Aeramentum Resources is a new IPO, targeting the European market for battery minerals including copper, nickel and cobalt;
  • The company acquired the Treasure Project in 2021, in the Republic of Cyprus, EU and is seeking to be listed by November, 2022.
  • Aeramentum is led by an experienced team of executives with extensive experience in the mining industry, including the recent successful float of Southern Palladium (ASX: SPD)

Aeramentum Resources owns six tenements and two in the application phase. The Treasure Project is a brownfield project, which reduces the risk of non-discovery significantly, with numerous walk up drilling targets and a maiden resource targeted within a year of diamond drilling commencement. Cyprus was one of the world’s biggest copper producers in Roman times, a history of mining for thousands of years. Even up until the 70’s more than 45 mines were exploited for copper and gold.

The project has nearly 1.5km of old adits from the 1950’s, with average impressive adit sampling including intervals of [email protected]% Cu, [email protected]% Cu, [email protected]% Ni, 0.6% Co, [email protected]% Ni and 2% Co.

The initial public offer (IPO) is raising AU$4.5M-6.0M @ 0.20 per share. The proceeds from the IPO will be used to fund drilling, geophysics and progression towards maiden resources in 2023.

One of the significant aspects of the Treasure Project is the presence of cobalt sulphide mineralisation (up to 3% or 0.5% in drilling). It is broadly well known that the current cobalt supply chain is ruled by the Congo (70%) which is a risk, and dominated by a limited number of suppliers such as Glencore. Many batteries used in electric vehicles use up to 20kg per vehicle, however this is changing due to supply issues, at least 30% of battery megafactories under construction will use cobalt in the battery.

Many Original Equipment Manufacturers (OEMs) in Europe are involved in M&A activities to secure their battery metals supply for the future. With Aeramentum working in the EU and having considerable cobalt mineralisation potential, its management believes that Aeramentum can help in reducing the supply chain risk considerably in coming years with copper and cobalt, along with nickel, showing potential to be included in future resources and mining inventory.

Aeramentum is already creating a buzz in the resources industry for the kind of resource potential it holds in Cyprus. The management team is leaving no stone unturned to develop the Treasure Project into a significant copper and battery metal project. Let’s get acquainted with the management team of Aeramentum.

Rob has a B.E(Mining), MBA and is a Fellow of the AusIMM. He has 35+ years Australian and international mining experience including a range of Board roles from MD/CEO to Chairman/Non-Exec Director, along with Project Management roles.  He has taken 9 mines from pre-development (exploration) through to mine commissioning, including CEO of Climax Mining (Didipio) prior to the merger with Oceana Gold, founding director/CEO of TSX.V Asian Mineral Resources developing the Ban Phuc Nickel underground (UG) nickel/copper concentrate mine in Vietnam (now held by ASX listed Blackstone Resources), Executive Director for ASX/AIM Finders Resources developing the Wetar OC copper cathode mine in Indonesia and General Manager development for ASX Kingsgate’s Chatree  OC goldmine in Thailand. 

Nowadays he works in non-executive roles including NED/Technical Director for ASX Pacific Nickel Mines (ASX: PNM) and is as a founding director of the recent ASX/JSE Southern Palladium UG PGME project in South Africa (ASX: SPD) up from A$0.50/share to A$1.00 share post listing in May, 2022.

Mr Geoff Muers has an extensive experience of over 23 years in the mining industry. He has a background in geology and mining finance, and has visited dozens of mines globally throughout his career, along with all corners of Australia. Geoff has worked for investment firms and provided consultation for a wide range of public and private mining investors, across both Buy and Sell side.

Geoff has been instrumental in setting up Aeramentum and bringing the team together and acquiring the Treasure Project. He also played a key role in the listing of the company to the Australian Securities Exchange. He has been involved in the valuation and assessment of numerous gold and base metal projects throughout his career, and has been a director of both private and public resource companies.

Mr Ben Jarvis has a track record of over two decades in advisory and investor relations, supporting several ASX-listed mineral explorers and developers. Ben is the Managing Director and co-founder of Six Degrees Investor Relations. The firm provides investor communication services to resources, technology, healthcare and industrial services companies.

He is also on the Boards of ASX-listed Austral Gold Limited (ASX:AGD) and QX Resources Limited (ASX:QXR) as a Non-Executive Chairman. Ben is a successful resource investor, and significant shareholder in a number of successful resource companies across Australia and internationally.

Aeramentum is rapidly progressing to unlock the potential of the Treasure Project. The management team is focused on putting the company on a high-growth path. The listing of the company will be completed soon, and the proceeds will help to further accelerate the project development. 

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