Eagle Mountain Mining Limited (ASX:EM2), established in 2017, is a copper-gold explorer focused on the strategic exploration and development of advanced and greenfields projects in Arizona.
Arizona is at the heart of America’s mining industry and home to some of the world’s largest copper discoveries, now owned by major mining companies including BHP, Rio Tinto, Freeport McMoRan and Hudbay. Eagle Mountain’s Oracle Ridge and Silver Mountain Projects are within the Laramide Arc which hosts many of these significant copper porphyry deposits.
Oracle Ridge is a high grade, advanced stage underground copper/gold/silver project. The project includes an NI43-101 resource of 11.Xmt at 1.57%Cu, 17.47g/t Ag and 0.18g/t Au. Eagle Mountain’s view is that there is significant potential to expand the known resources through additional drilling, along with exploration at depth to define the source of the mineralisation.
Silver Mountain is a project which has multiple small copper/gold mines with copper values up to 11% and gold up to 10g/t. The project has not had modern exploration applied and Eagle Mountain’s exploration objective is to delineate a significant resource and source of mineralisation. Drilling undertaken by Eagle in 2019 resulted in our understanding that the mineralisation is due to a porphyry system and evaluation is ongoing.
Tim Mason | Chief Executive Officer
Tim has 18 years’ experience in the mining and engineering sectors across a broad range of corporate, operations, business development and engineering roles. His recent roles of General Manager Operations and General Manager Projects and Innovation for Panoramic Resources involved conducting feasibility studies, project development and underground mining operations start-up.
Charles Bennett Bass | Managing Director
Charles Bass completed his B.Sc. in Geology at Michigan Technological University, followed by a M.Sc in Mining Engineering & Mineral Processing at Queen’s University, Canada. Between his degrees Charles worked as a geologist and then Plant Metallurgist at a copper-gold mine in northern Quebec.
Charles joined AMAX Inc, an American mining company in their Head Office in 1976 and came to Perth in 1978. Between 1980 to 1981, AMAX had him work in Tuscon, Arizona at the Twin Buttes copper mine. Charles returned to Australia and established his first company, Metech Pty Ltd in late 1981.
Charles established Eagle Mining Corporation in 1992 with Tony Poli and was responsible for the deal that led to the discovery of the very successful Nimary Gold Mine. Eagle Mining Corporation won both Explorer of the Year and then Developer of the Year at Diggers and Dealers conference and was subject to a hostile takeover in 1997.
Rick Wayne Crabb | Non-Executive Chairman
Rick Crabb holds degrees of Bachelor of Jurisprudence (Honours), Bachelor of Laws and Master of Business Administration from the University of Western Australia. He practised as a solicitor from 1980 to 2004 with Robinson Cox (now Clayton Utz) and Blakiston & Crabb (now Gilbert + Tobin) specialising in mining, corporate and commercial law, advised in relation to numerous project developments in Australia and Africa.
Roger Maitland Port | Non-Executive Director
Roger Port was a partner of PricewaterhouseCoopers from 1997 to 2016. He has 30 years experience in financial analysis, company and business valuations, transaction due diligence and mergers and acquisitions and led the PricewaterhouseCoopers Perth Deals team from 2009 to 2016. He has had significant experience in the resources sector in his career and jointly led the PwC Australia Deals Energy & Mining industry group for five years.