SYDNEY: Kingston Resources Limited has appointed highly experienced Australian mining executive Mick Wilkes as non-executive Chairman.
Mr Wilkes, who has been a non-executive Director of Kingston since July 2018, will succeed Anthony Wehby, who will remain on the Board as a non-executive Director.
Mr Wilkes appointment as Chairman will be effective from 1 December 2020.The Board transition comes as Kingston completes an economically robust Pre-Feasibility Study (PFS) and maiden Ore Reserve for its flagship Misima Gold Project in PNG, paving the way for the next stage of its development as a substantial new mid-tier gold producer in the Asia-Pacific.
Mr Wilkes is an experienced mining professional with over 35 years’ experience in the industry specialising in project development, construction, and operations.
In the past 20 years, he has been responsible for the successful greenfield development of four major gold and copper mines, each creating substantial value for shareholders, local communities and Governments with aggregate annual production of over 600koz of gold and 200kt of copper.
He was most recently the President and CEO of Canadian and Australian-listed OceanaGold Corporation, as well as a member of the Board Administration Committee for the World Gold Council. He is currently a member of the Advisory Board for the Sustainable Minerals Institute at the University of Queensland.
Kingston Resources Managing Director, Andrew Corbett, said: “We are very pleased that Mick has accepted the role of Chairman. Mick’s mine building experience is world leading, making him ideally suited to lead the transformation of Kingston from explorer to developer now that we have delivered our PFS.
“I would also like to acknowledge the outstanding efforts of our outgoing Chairman Mr Anthony Wehby, who has led Kingston admirably through the early phase of its development path. Anthony has been central to instilling a strong set of core values into how Kingston operates and has always led by example. We are grateful that he will continue to be involved as non-executive Director.”
Kingston Resources, Mick Wilkes, said: “I would like to thank the Kingston Board for the opportunity to take on the role of Chairman as the Company embarks on this exciting next stage of its growth and development. I am extremely encouraged by the work done to date at Misima.
“Under the Board’sleadership, the recent PFS was completed to a very high standard, and I am very confident it lays a solid platform from which to take this outstanding opportunity forward.”
“From a relatively small start several years ago, Andrew and his leadership team have done a fantastic job in getting Kingston to where it stands today. I now look forward to greater involvement as Kingston continues to work towards delivering on its goal of becoming a mid-tier gold producer.”
Kingston Resources is a metals exploration company which is focused on exploring and developing the world-class Misima Gold Project in PNG.
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