Bellavista Resources (ASX: BVR) has appointed former De Grey Mining executives Glenn Jardine and Peter Canterbury to key roles, as it prepares to drill its Brumby prospect in Western Australia and examine potential asset acquisitions.
The pair held key roles with De Grey, which discovered the world-class Hemi gold deposit in WA’s Pilbara region prior to the company's $6 billion takeover by Northern Star Resources (ASX: NST).
Mr Jardine and Mr Canterbury, who previously held the managing director and chief financial officer roles at De Grey, will take over as Bellavista's managing director and finance director, respectively.
Board Overhaul
The new appointments are part of series of changes at Bellavista, with Carl Travaglini leaving the chief financial officer role and Mick Wilson moving to the position of non-executive director to replace Steve Zaninovich.
“Glenn and Peter are extremely experienced resources executives who have overseen major exploration and development strategies, project acquisitions and corporate transactions," chair Mel Ashton said.
“They have outstanding track records of creating strong shareholder value—as shown by their success at De Grey, which culminated in what was the largest takeover of a pre-development company ever seen in Australia."
Brumby Basin Focus
The board reshuffle comes as Bellavista continues to progress its Brumby Basin projects on the border of the Pilbara and Upper Gascoyne regions in WA, which it considers prospective for large iron oxide-copper-gold-style deposits, along with sulphide-related nickel and platinum group element opportunities.
Bellavista successfully confirmed critical and strategic mineral recovery in initial bioleaching of Brumby’s hyper-enriched black shale during the September quarter, and is now preparing to collect a bulk sample to scale-up the bioleaching experiments to column tests.
Meanwhile, the company is investigating potential project acquisition opportunities and has recently undertaken technical due diligence on several local and international projects, reviewing more than 50 opportunities with a number progressing through the due diligence process.
