Si6 Metals (ASX: Si6) is an exploration company operating in Botswana in Southern Africa and the Laverton Gold District in Western Australia.
In Botswana, Si6 is currently carrying out field exploration programs at its Maibele Project targeting nickel, copper, cobalt, PGE and silver mineralisation. The Maibele North nickel sulphide mineralisation is related to ultramafic intrusions within mobile belt rocks and is broadly similar in style to other ultramafic intrusion-related mobile belt nickel discoveries such as Nova-Bollinger (ASX:IGO), Julimar (ASX:CHN) and the globally significant Thompson Belt in Canada. These styles of nickel deposit are typified by a suite of associated metals that often include nickel, copper, cobalt and platinum group elements, all of which are present at Maibele North.
Si6 recently entered an option to acquire 100% of the Monument Gold Project (MGP), located in the Laverton Gold District, WA. MGP covers an area of 310km2 and comprises 25 licences with the majority being contained within 6 exploration licences. The area is a well-established mining district which hosts excellent infrastructure and access including the sealed Leonora-to-Laverton Road, which runs directly through the Project, a gas pipeline and a sealed airstrip at Laverton. The MGP contains an initial JORC compliant inferred mineral resource estimation (Korong Resource) of 0.86Mt at 1.8g/t Au for 50,000 oz Au. Previous exploration across the Project has highlighted numerous highly prospective gold exploration targets north and south of the Korong Resource.
David Sanders | Independent and Non-Executive Chairman
Mr Sanders is a corporate lawyer with over 20 years’ experience and is currently corporate counsel at law firm Bennett. He has advised numerous entities, including ASX-listed and private companies on capital raising, mergers and acquisitions, commercial transactions and ASX and Corporations Act compliance, across a range of industries. In addition to his legal qualifications, Mr Sanders has a Bachelor of Commerce and Graduate Diploma of Applied Finance and Investments.
Steve Groves | Technical Director
BSc (Hons)App Sci, MSc Econ Geol. MAIG, MSEG
Mr Groves has a Bachelor of Applied Geology (Honours) and completed a Master’s of Economic Geology from CODES-SRC at the University of Tasmania.
Mr Groves brings 25 years of geological experience in the mining industry including exploration and management roles with BHP Billiton (ASX:BHP), Newmont Mining, Newcrest Mining (ASX:NCM), A-Cap Resources (ASX:ACB) and Botswana Metals. Mr. Groves also currently provides Geological Consulting services to the Company to manage technical aspects of exploration and business development programs.
Mr Joshua Alan Letcher | Non-Executive Director
Mr Letcher has experience working in various operational and technical roles within the African and Australian mining industry. He was the founder of Allotropes Diamonds Pty Ltd and was responsible for its acquisition by Newfield Resources Ltd (ASX: NWF) which provided the company with A$4M in working capital. As CEO of Allotropes, Mr Letcher was responsible for the development of the project from exploration to trial mining. The roles in that capacity included project management, plant construction and commissioning, exploration management and asset acquisition. Mr Letcher served in the Royal Australian Navy and trained as a Mechanical Engineer.