Caravel Minerals is a copper exploration and development company focused on a new porphyry copper district discovered in a previously unexplored part of Western Australia’s Central Wheatbelt. In fact, the Caravel Copper Project is the largest copper resource in Western Australia – at 1.28 million tonnes and growing.

The indicated and inferred resource – 366 million tonnes grading 0.35 per cent copper — incorporates more than a decade of drilling data and the project has the potential to become a large-scale, long-life, low-cost copper producer with access to infrastructure and services.

Experts are predicting continued strong demand for copper, with the widening gap in supply spurring the price north in recent months. The growth in electrification and transition to renewable energy solutions is helping boost demand.

KEY PEOPLE

Wayne Trumble, Chairman

Mr Trumble is a senior board executive with 35 years of industry expertise in mining, electricity, investment and construction. Previously, he served as Executive General Manager of Griffin Power Pty Ltd where he led the move from fuel supplier to electricity generator through the execution and operation of Griffin’s $1.2 billion Bluewaters coal fired project, providing 436 MW of base load power in Western Australia. Mr Trumble also served as Managing Director of TransAlta Energy where he was responsible for the commissioning and operation of the 105MW Parkeston Power Station at Kalgoorlie and is currently a strategic energy advisor to Newmont Mining.

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Alasdair Cooke, Executive Director

Mr Cooke has over 30 years’ experience in the mining industry with over 18 years managing public resource companies. He is a qualified geologist with a track record of successful exploration and project development and a founding partner of Perth-based investment and technical services company Mitchell River Group (MRG). Mr Cooke is also the Chairman of Energy Ventures Ltd, African Energy Resources Ltd and a Director of Anova Metals Ltd.

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Alexander Sundich, Non-Executive Director

Alex Sundich has over 30 years’ experience in the financial services industry and has been an independent corporate advisor and company director since 2008, focusing on clients in the mining industry.

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Daniel Davis, CFO and Company Secretary

Mr Davis is a qualified accountant who has fourteen years’ experience in senior accounting and corporate roles for resources businesses in all stages from exploration to development, construction and mining. Previously, he has served as company secretary of ASX‐listed companies African Energy Resources, Albidon and Energy Ventures (now EVE Investments) in the past ten years.

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