Reach Resources

Appointment Of Exploration Manager To Advance Gascoyne Projects

Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) is pleased to announce the successful appointment of highly experienced geologist Steve Vallance to the position of Exploration Manager, effective immediately.


Mr. Vallance’s appointment follows the Company’s acquisition of two highly prospective projects in the emerging critical minerals Gascoyne region of Western Australia, including the successful capital raise of $2.0M from sophisticated and professional investors.

Mr. Vallance has over 35 years’ experience across a range of commodities including nickel, lithium, manganese and gold with a solid track record of building strong and cohesive exploration teams. He will also serve as the Company’s ongoing Competent Person.

Most notably Mr. Vallance was Chief Exploration Geologist with Jubilee Mines for almost 10 years and co-lead the discovery of several major Nickel Sulphide deposits which ultimately led to the $3.3B takeover by Xstrata Nickel. However, it is Mr. Vallance’s most recent work with lithium and manganese exploration that arms the Company with the technical exploration expertise it needs to interrogate its newly acquired Morrisey Hill Lithium and White Castles Manganese projects.

Mr. Vallance's immediate task will be to conduct a detailed review of the Targeting Report from expert geological consultants RSC which is due this week and which will provide the basis for the design and implementation of the optimal exploration programs for each of the Company’s Gascoyne projects.

CEO Jeremy Bower said,

“This appointment represents the next step in our strategic plan for the Company. We have recently completed transformative acquisitions to dramatically increase our land holding in arguably one of the country’s hottest emerging critical minerals regions and with Steve’s appointment we now have a highly experienced geologist to lead our exploration programs. I have no doubt that Steve will be a great fit for Reach and I look forward to working together with him and building a strong and focused team as we move towards our maiden drilling program in the Gascoyne.”

This announcement has been authorised by the Board of Reach Resources Limited


Click here for the full ASX Release

This article includes content from Reach Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

RR1:AU
The Conversation (0)
Reach Resources

Quarterly Activities/Appendix 5B Cash Flow Report

Reach Resources Limited (ASX: RR1) (“Reach” or “the Company”) provides its activities report for the quarter ended 30 June 2023.

Keep reading...Show less
Reach Resources

Outcropping Copper Gossan Delivers 33% Cu Assays At Morrissey Hill Project, Yinnetharra

Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) is pleased to announce that it has received high grade copper, gold and silver results up to 33% copper, 0.2g/t gold and 142g/t silver from its recently completed rock chip sampling program at the Company’s Morrissey Hill Project, Yinnetharra, W. A (Refer to Figure 4).

Keep reading...Show less
Reach Resources

Reach Resources’ Strategic Position Between Two of WA’s Mining Heavyweights

Reach Resources’ (ASX:RR1) strategic position with its Morrissey Hill project has placed the critical mineral explorer on the radar of two of Western Australia’s mining giants Delta Lithium (ASX:DLI) and Minerals 260 (ASX:MI6), according to an article published in The West Australian.

Keep reading...Show less
Reach Resources

Multiple New Lithium (LCT) Pegmatite Targets Confirmed

Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) engaged globally renowned geological consultants RSC Consultants Limited (RSC) to assess the potential of the Company’s Gascoyne projects for:

  • Lithium (Li): hard rock, high grade LCT Pegmatites
  • Rare Earth Elements, Heavy and Light (HREE; LREE): clay/hard rock hosted
  • Manganese (Mn): high grade strata bound, supergene, and• Precious and base metals (Au; Ag; Cu-Pb-Zn)
Keep reading...Show less
ChemX Materials

HiPurA® HPA Pilot Plant Early-Stage Commissioning Commenced

ChemX Materials Limited (ASX:CMX) (ChemX or the Company), an Australian high purity critical materials developer, is pleased to announce that it has begun early-stage commissioning of the leach circuit within the innovative HiPurA® High Purity Alumina (HPA) 24tpa Pilot Plant in O’Connor, Western Australia.

Keep reading...Show less
CuFe Limited (ASX:CUF)

CuFe Limited


Keep reading...Show less
  Bastion Minerals

More High Grade with up to 60% Heavy REE (HREE) - Gyttorp

Bastion Minerals Ltd (ASX:BMO or the Company) is pleased to provide an update on its high-grade REE and copper project in Sweden, the Gyttorp nr 100 project (Gyttorp Project or Gyttorp) and regarding the granting of additional applications.

Keep reading...Show less
  Enova Mining Limited

Exceptional Clay Hosted Rare Earth Grades Intersected at Poços

Enova Mining Ltd (ASX: ENV) is pleased to announce high grade REE assay results from sampling at Poços1

Keep reading...Show less
Business people shaking hands.

Former GM Leader Joins Energy Fuels to Boost Rare Earths Operations

Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) announced the appointment of Debra Bennethum, formerly of General Motors (GM) (NYSE:GM), as director of critical minerals and strategic supply chain.

According to a Monday (June 17) release, Bennethum brings extensive expertise from her tenure at GM, where she worked to ensure secure supply of key EV materials, including rare earths and critical battery minerals.

Her role included finding and vetting suppliers, as well as leading negotiations for long-term supply deals. Bennethum also managed investment projects worth over US$1.5 billion, forging strategic partnerships for GM.

Keep reading...Show less

Latest Press Releases

Related News

×