De Grey unearths boardroom gold with new non-executive director Samantha Hogg

De Grey has added a whole lot more resource and infrastructure experience to the mix after appointing Samantha Hogg to the role of non-executive director.

Having sat on numerous boards and currently serving as independent non-executive director of Cleanaway Waste Management (ASX:CWY), Hogg brings extensive international experience to the team across the resources and infrastructure sector.

Her last executive role was Chief Financial Officer of toll-road company Transurban when the company was growing into an ASX20 business.

Hogg has held previous executive positions at companies such as Vale and Western Mining– where she worked across finance, treasury, marketing, and corporate services.

Other past experiences include as non-executive director of Infrastructure Australia, The Australian Renewable Energy Agency, TasRail, MaxiTRANS Industries Limited, Hydro Tasmania, and on the National COVID-19 Commission Advisory Board.

Hogg’s reputation, knowledge and experience would be a huge win for any digger and boards around the globe are constantly clamouring for her voice, so De Grey (ASX:DEG) chairman Simon Lill did well to keep a tight lid on the development, only saying:

“Following an extensive selection process we are delighted that Samantha has agreed to join the De Grey board and welcome her contribution as we continue to develop our exciting Mallina Gold Project.”

Changes to Audit and Risk Committee

On top of her role as independent non-exec, Hogg has been appointed as a member of the company’s Audit and Risk Committee.

De Grey’s lead independent non-executive director Peter Hood has taken over the role as chairman of the Audit and Risk Committee.

Lill remains on the Committee as its third member and Bruce Parncutt, the Committee’s former Chairman, and Eduard Eshuys have both retired as members of the Committee and the Board thanks them for their service.

They will continue to serve as non-executive directors of De Grey.

Ongoing drilling at Diocon and Eagle

Resources definition drilling for the pre-feasibility study has continued into 2022 at Diucon and other zones at Hemi.

The gold mineralisation at Diucon shows similar alteration and sulphide development as seen at the adjacent deposits of Aquila, Brolga, Crow, Falcon and Eagle.

Like Eagle, Diucon also shows overprinting quartz veins which can carry high gold grades.

The mineralised intrusion at Diucon has now been intersected to 300m in width, 550m depth and over 1,000m along strike and remains open in all directions.

Ongoing drilling at Diucon and Eagle demonstrate potential to increase gold endowment at both prospects through extensions to the maiden Hemi mineral resource estimate (MRE) and increased grade.

This article was developed in collaboration with De Grey Mining, 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.