Ric Dawson has been appointed Kula’s managing director as John Hannaford retires as a director. Pic: via Getty Images.
Kula Gold chief executive Ric Dawson moves into managing director role
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- Kula Gold CEO Ric Dawson joins board as company’s managing director
- Appointment comes as company progress both lithium and gold exploration
- Director John Hannaford retires to focus on other business activities
Kula Gold chief executive officer Ric Dawson hass assumed the role managing director as the company progresses exploration at the Kirup lithium project near the Greenbushes lithium mine.
Dawson has over 20 years’ experience in gold, nickel, copper and kaolin projects throughout WA and the NT and as a stockbroker/analyst during that time.
He was previously managing director of ASX-listed companies Prosperity Resources from 2003 to 2008 and Altech from 2011 to 2014 before joining Kula Gold (ASX:KGD) as its chief executive officer in October last year.
Dawson’s move to the top role comes amidst a great deal of exploration activity.
The company’s joint venture partner Australian Critical Minerals (ASX: ACM) recently completed a 249 hole auger drilling program to guide future drilling over the northwestern portion of the rare earths anomaly at its Rankin Dome project and is carrying out a 900m reverse circulation drill program to test areas of rare earths anomalism in soils.
Rankin Dome was originally explored for gold, but the focus shifted to critical minerals after shallow auger drilling in early 2022 identified anomalous lithium. Later that year, a soil sampling campaign returned rare earths up to 1,080ppm TREO in 74% of the samples.
This led to the definition of a +8km2 rare earths target zone.
Drilling is also expected to recommence at the Kirup lithium project once RC drilling at Rankin Dome is completed.
Experienced explorer and developer
Given this level of activity, the company will likely find Dawson’s experience very welcome.
His particular fields of expertise are in target generation and evaluation of Archean shear-vein style, IOGC and hydrothermal porphyry gold in Australia and Indonesia.
Dawson had played key roles in the advancement and development of gold deposits, including Melville Deposit, the Masuparia Project and various Tennant Creek projects.
He was also involved in the initial research and development of the process of converting kaolin to high purity alumina at the Meckering Project in WA.
Dawson’s appointment comes as director John Hannaford retires to focus on other business activities.
This article was developed in collaboration with Kula 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.
