Pic: Via Getty Images
Barton Gold evolves board to position itself as leading South Australian gold explorer
Mining
share
The board evolution reflects Barton Gold’s next stage of development as it works to build South Australian credentials with a pure-play focus on large scale exploration.
Adelaide-based industry leader Ken Williams has joined Barton Gold (ASX:BGD) as chairman elect, with Mark Connelly set to retire on June 30 after leading the company through the establishment of a major South Australian platform and successful IPO.
South Australia is where BGD is establishing its new corporate and project headquarters and Williams will play a key role in guiding the development and execution of Barton’s objective to become South Australia’s leading independent gold producer in the central Gawler Craton.
This is a huge deal for BGD – from 1999 to 2003 Williams was the Group Treasurer, then CFO, and then Group Finance Executive for the legendary Normandy Mining (subsequently Newmont Australia).
Williams’s joining Barton appears to be a significant vote of confidence in the company and marks a major step forward in the company’s corporate evolution as it pursues large-scale exploration and development in South Australia.
Mark Connelly will retire to focus on his other directorships at Calidus Resources (ASX:CAI) where he is non-executive chairman, Chesser Resources (ASX:CHZ) and Oklo Resources (ASX:OKU) which are ramping up their West African gold exploration programs.
Richard Crookes – managing director Lionhead Resources – has also retired as non-executive director with effect from May 1.
Highly experienced, reputable executives
BGD managing director Alexander Scanlon said the company is honoured to have had the endless support of two very highly experienced and reputable executives through the critical stages of Barton’s rapid evolution from acquiror to large-scale explorer.
“As an aspiring developer we will watch with great interest the continuing growth and evolution of Calidus Resources under Mark’s stewardship, and we wish Richard the very best of success with his new fund,” he said.
“Barton is at an exciting stage in its ongoing corporate and project evolution. We are truly fortunate to have Ken’s support and confidence as we work to establish a new South Australian gold developer.”
Incoming chairman elect Ken Williams said he is delighted to join Barton as it accelerates multiple corporate development initiatives.
“Since last year’s IPO the Barton team have demonstrated considerable exploration potential at the Tarcoola and Tunkillia Gold Projects, with a pipeline of new regional targets prospective for large-scale discoveries,” Williams said.
“Barton has done an excellent job to-date establishing a strategic platform holding most of the regional gold JORC Resources, key mineral tenements, and a regional infrastructure monopoly.
“Taken together, these assets offer multiple growth and development options.”
This article was developed in collaboration with Barton Gold, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
