Goldarc Resources (ASX:GA8)
Company Profile
GoldArc Resources is a gold exploration company which comprises key project areas to the North and South of Leonora in the prolific region of Western Australia’s Eastern Goldfields. The projects cover a large area of prospective greenstone belts, with geological similarities to nearby multi-million-ounce gold deposits and operating mines, Asra’s substantial exploration position provides a strong foundation for growth and consolidation in this renowned gold region. GA8 currently has a global gold mineral resource of 200k oz at 1.82 g/t Au.
KEY PEOPLE
Paul Summers
Paul Summers has been a legal practitioner since 1985, and founded his own firm, Summers Legal in 1989.
Summers has been the company’s counsel for more than 10 years and has provided extensive advice and service during the recent takeover of Cascade Resources Ltd. Paul is currently Lead Counsel-Commercial, Corporate and Property of Summers Legal and is familiar with the company’s affairs, projects and strategy.
For more than 30 years, Summers has provided his clients advice on complex property developments and transactions, syndication, joint ventures and financing; structuring of new business projects, complex commercial and corporate contracts and structures and a wide range of estates and asset structuring matters including the resources sector. Paul will be active on the board with particular responsibility for the corporate governance of the day to day affairs of the company.
Paul Stephen
Paul Stephen is a seasoned mining executive with extensive experience in exploration, development, and operations and a proven track record of success.
Prior to joining GoldArc, Stephen held various executive and directorship roles across ASX and LSE-listed companies. Notably, as co-founder and Executive Director of Crusader Resources Ltd, he was instrumental in the discovery, development, and operation of the Posse Iron Ore mine in Brazil. During his tenure, he oversaw the delineation of over 2.6 million ounces of gold, significantly contributing to Crusader’s market capitalisation exceeding A$160 million.
With a background in finance, Stephen possesses a deep understanding of the financial and regulatory landscape of the mining industry.