Boab Metals - BML(ASX) News & Expert Insights from Stockhead

Pacifico Minerals Ltd changed its name to Boab Metals Limited (ASX:BML) in January 2021.

We are a West Australian based development and exploration company focused on developing the Sorby Hills base metals project in Western Australia.

Boab Metals Limited owns 75% of the Sorby Hills Joint Venture Project. Following outstanding drilling success and a recent resource update (44.9 million tonnes at 4.3 per cent lead equivalent [3.2 per cent lead, 37 grams per tonne silver] and 0.5 per cent zinc), this project is edging closer to development.

With Environmental Approvals already in place and the project just 50km north-east of Kununurra, the project is aptly supported by established infrastructure including port facilities, allowing for fast tracked production.

Sorby Hills has existing sealed roads to transport concentrate from site to the facilities at Wyndham Port, a distance of 150km.

Our Board is highly respected within the mining industry and has a history of taking projects from discovery through to production in the area.

KEY PEOPLE

Simon Noon, Managing Director & CEO

Simon is an experienced executive having spent the past 12 years’ managing Public Resources Companies. Simon has a strong background in strategic management, business planning, finance and capital raising, and experience with a variety of commodities.

Gary Comb, Executive Chairman

ary is an engineer with over 30 years’ experience in the Australian mining industry, with a strong track record in successfully commissioning and operating base metal mines. Gary was Chairman of Finders Resources Limited from 2013 until its take over in 2018, and was previously the Managing Director of Jabiru Metals Limited and the CEO of BGC Contracting Pty Ltd.

Richard Monti, Non-Executive Director

Richard is a geologist with over thirty years’ experience in many facets of the exploration and mining industry including technical, commercial, marketing, and finance. Prior to joining Boab, Richard held roles at several international and Australian companies including Anaconda Nickel, Azimuth Resources Limited, The North Group, Normandy Group, and RTZ Exploration.

Andrew Parker, Non-Executive Director

Andrew is a lawyer with significant experience in the exploration and mining industry and a wealth of expertise in corporate advisory, strategic consultancy and capital raisings. Before Andrew joined Boab, he co-founded Trident Capital Pty Ltd, a corporate advisory and venture capital firm where he held the position of Managing Director until 2008.