Director Appointment/Resignation
Adelaide, Sep 18, 2017 AEST (ABN Newswire) - Investigator Resources Limited (
ASX:IVR) announces the retirement of its Non-Executive Director, David G. Jones effective as of 18 September 2017.
Mr Jones was appointed as a Director during December 2006 and has served on the Board for more than 10 years. He has provided considerable support over the past 10 years through the Company's development into an active, multi-commodity focused exploration and development company. The Board, management and staff of Investigator Resources wish David well in his retirement and also express their gratitude for his valuable contributions and service.
The Company is pleased to announce the appointment of Kevin J Wilson as non-executive director of the board effective as of 15 September 2017.
Mr Wilson has extensive knowledge and experience in global minerals industry, relevant financial markets and stakeholders. Mr Wilson has senior level board experience including management, governance, business development and marketing. Mr Wilson has served on the board of various ASX listed companies and currently serves as Chairman of Navarre Minerals limited (ASX:NML). Mr Wilson will receive a total cash remuneration of $60,000 pa.
About Investigator Resources Ltd
Investigator Resources Limited (ASX:IVR) is a metals explorer with a focus on the opportunities for greenfields silver-lead, copper-gold and other metal discoveries in South Australia.
The Company's priority is progressing the development pathway for the Paris silver project with the preparation of a pre-feasibility study. The Paris Mineral Resource Estimate is 9.3Mt @ 139g/t silver and 0.6% lead, comprising 42Moz of contained silver and 55kt of contained lead, at a 50g/t silver cut-off. The resource has been categorised with an Indicated Resource estimate of 4.3Mt @ 163g/t silver and 0.6% lead for 23Moz contained silver and 26kt contained lead, and an Inferred Resource: 5.0Mt @ 119g/t silver and 0.6% lead for 19Moz contained silver and 29kt contained lead.
The Company has applied an innovative strategy that has developed multiple ideas and targets giving Investigator first-mover status. These include: the Paris silver discovery; recognition of other epithermal fields and the associated potential for porphyry copper-gold of Olympic Dam age; extending the ideas developed at Paris-Nankivel and using breakthrough government Magneto-Telluric surveying to rejuvenate targeting with the Maslins IOCG target as the next priority drill target.
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