SYDNEY, AUSTRALIA: Gascoyne Resources Limited (ASX: GCY) announced that Mr Simon Lawson has been appointed as Managing Director and Chief Executive Officer following the departure of Mr Richard Hay.
Mr Lawson, formerly the Managing Director of Firefly Resources Limited, joined Gascoyne as a Non-Executive Director on 10 November 2021 following the implementation of the Scheme of Arrangement with Firefly.
He holds a Master of Science in Geology from Auckland University and has more than 15 years of exploration, production and management experience in gold and base metals.
He has previously held senior geology roles at major Australian gold producer Northern Star Resources Limited where, as Chief Geologist – Paulsens and then group Principal Mine Geologist, he was a founding member of the team which built the business from a junior explorer to a major multi-mine gold producer.
Mr Lawson specialises in resource asset identification and the rejuvenation of operating mines.
Simon Lawson has built and led teams that contributed more than 3 million ounces and in excess of 15 years mine life to several high-profile mining operations across a number of highly successful gold producers.
Commenting on the management change, Gascoyne Chairman Mr George Bauk said:
“Since joining Gascoyne in January 2019, Richard led the successful operational turnaround and recapitalisation of Gascoyne and achieved the establishment of the most cost effective mill in the region not least through his significant efforts to build a very effective team, which is a great credit to him.
“Simon brings a strong track record in operational improvement and resource expansion which are aligned with Gascoyne’s objectives for the next stage of our growth.
His knowledge of the Yalgoo region and surrounding assets will be particularly important as we look across the region to generate multiple ore sources for Dalgaranga to deliver a step change in production and profitability in the years ahead.”
Mr Richard Hay commented: “In my nearly three years at Gascoyne I am proud to have worked with a fantastic team of people who have achieved so much across all aspects of the business.
I know the Gascoyne team will continue to pull together and deliver on the strategy to deliver value from the regionally strategic Dalgaranga asset and wish them all the very best for the future.”
Mr Simon Lawson said: “I want to thank Richard for handing over to me an effective operation with an outstanding team, so that we can now focus on generating multiple higher grade ore sources for our Dalgaranga mill not just through our now combined land package including the Melville deposit but also by accessing other regional higher grade ores.
The strategy aims to deliver improved cash flows and hence improved value for all our stakeholders.”
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