Prodigy Gold - PRX (ASX) News & Expert Insights from Stockhead

Prodigy Gold NL (ASX: PRX) is an Australian listed company focused on gold exploration within the Tanami region of the Northern Territory. Prodigy Gold has a unique greenfields and brownfields tenement portfolio in the proven multimillion ounce Tanami Gold province, hosting some of Australia’s major mining companies like Newmont and Northern Star.

Prodigy Gold is active with 2 key project areas which are permitted and approved for drilling. The company is currently focused on:

Drilling targets on its Tanami North Project including the Hyperion and Tregony Deposits

Prioritising systematic evaluation of high potential prospects in and around the Tanami North Project, including Brokenwood, Pandora and Mark’s Rise

Continuing the analysis of the Twin Bonanza Project to determine the next steps for development

Supporting Joint Venture partners to advance exploration throughout the Tanami Region

Reducing holding costs through Joint Ventures and Project divestments

The company firmly believes that the Tanami region is one of the final frontiers for future gold discovery where further world-class deposits remain to be found.

Prodigy Gold will continue to focus on gold exploration while actively exploring in areas with significant potential for discovery and mineral resource growth.

Tanami tenement location map

KEY PEOPLE

Mr Edwards is an accredited and experienced geologist with over 25 years’ of experience working primarily as a manager/mine geologist responsible for the definition and replacement of resources and reserves on gold projects throughout the Northern Territory, Western Australia and Botswana.

Amongst other companies, he worked for Otter Gold Mines, Sons of Gwalia, IAM Gold, Troy Resources and, most recently, Agnico Gold (formerly Kirkland Lake Gold) working at the Tanami Gold Mine and Pine Creek projects in the Northern Territory (NT).

Mr Edwards has strong community, business and government ties in the Northern Territory as well as being a NT committee member for the Minerals Council of Australia, which will benefit the Company greatly.

Gerard McMahon is qualified as a Barrister in Hong Kong and New South Wales and lived and worked in Hong Kong for over 35 years.

Over the past 30 years, Mr McMahon has been a Director of many other listed companies in the Asia Pacific region which are involved in the banking, manufacturing, retailing, information technology, medical, telecoms & mining industries.

Mr McMahon’s past experience includes extensive involvement in Hong Kong’s Securities and Futures Commission as Chief Counsel, Member and Executive Director and has specialised in Hong Kong company law, securities and banking law and takeovers and mergers regulations.

Mr Smith has participated in the development and delivery of a number of mining and mineral processing projects including coal, iron ore, base and precious metals. He has also managed engineering and construction companies in Australia and internationally.

Mr Smith has served on boards of both private and public mining and exploration companies.

He is currently executive director of Hong Kong listed Dragon Mining Limited, executive director of Metals X Limited (ASX: MLX) (board member since December 2019), non-executive director of Tanami Gold NL (ASX: TAM) (since November 2018), non-executive director of Nico Resources Limited (ASX: NC1) (since April 2021) and non-executive director of UK listed First Tin PLC (LSE: 1SN) (since July 2024).

Overall, Mr Smith has over 30 years’ international experience in the engineering, project development and organisational change management.

Mr Neale Edwards has over 30 years’ experience in the mineral exploration and mining industry.

Mr Edwards holds a Bachelor of Applied Science in Applied Geology and Bachelor of Science with Honours and is a Fellow of the Australian Institute of Geoscientists.

Mr Edwards’ experience covers projects ranging from grassroots level through to mine development and mining in major geological provinces in Australia, the Pacific Rim, northern Africa and northern Europe.

Mr Edwards was responsible for the discovery of significant gold resources in the Southern Cross Province of Western Australia for Samantha Gold and the identification of project opportunities that resulted in Dragon Mining becoming an established gold producer in the Nordic Region.

Mr Edwards is currently Chief Geologist for HKEX listed Dragon Mining Limited and Non-Executive Director for Tanami Gold NL (ASX: TAM).