West Perth-based junior Rincon Resources has announced that Gary Harvey will depart as the company’s managing director in order to pursue technical consultant interests.
West Perth-based junior Rincon Resources has announced that Gary Harvey will depart as the company’s managing director in order to pursue technical consultant interests.
Mr Harvey, who was appointed to the role in October 2021, told the board of directors he would continue to assist with the company’s copper-gold exploration activities, and would remain as an exploration and geological consultant following his departure from the board on January 18.
“On behalf of the board, I would like to thank Gary for his service and commitment over the past three years and wish him the very best in his future endeavours,” Rincon chair David Lenigas said.
Rincon, which has a market cap of $6.43 million, told the market it would use time during Mr Harvey’s three-month notice period to complete a thorough strategic review involving analysis of its exploration activities and subsequent results, prior to finalising its desired long-term executive management structure.
Over the next three months, Mr Lenigas will also transition into a non-executive chair role.
Earlier this month, Rincon announced a series of positive reverse circulation drilling copper results from its West Arunta project. Mr Harvey said the company would be expecting diamond drilling results from the site in a few weeks.
Rincon has also recently undertaken a new gold strategy at its Laverton project in the eastern Goldfields, where it was hopeful a significant soil sampling program would locate ideal gold targets for future drilling.
As of 11.34am WST, Rincon was trading at 2.2 cents.
