Alta Zinc appoints new managing director

Alta Zinc appoints new managing director

Alta Zinc (ASX: AZI) has announced the appointment of Geraint Harris as Managing Director.


He will assume responsibility for re-establishing the Company’s flagship Gorno Zinc Project in northern Italy by applying his extensive technical and operational experience with similar style Mississippi Valley Type (“MVT”) deposits and also his corporate and managerial skills to deliver shareholder value.

He will also evaluate and progress Alta’s portfolio of strategic minerals projects located in Italy and Australia.

HIGHLIGHTS

·       Mining executive, Geraint Harris, appointed as Managing Director starting from 16 September 2019

·       Strong background in exploration, mining operations and resource financing with a track record of delivering outstanding shareholder value in his recent position as CEO of ASX listed Adriatic Metals

·       Appointment will complement Alta’s existing Board and Italian based project management team as we evaluate Pian Bracca’s potential and advance the Gorno Zinc Project towards development

A Mining Engineer with over 24 years of mining industry experience across production and development operations, technical consultancy, funds management and project finance, Mr Harris specialises in gold and base metals.

He has worked in numerous countries including Europe, North and South America, Central Asia, the former Soviet Union and China. In his most recent role as the CEO of Adriatic Metals PLC (ASX: ADT), he demonstrated a track record of delivering outperformance in shareholder value by overseeing the technical and commercial aspects of two Zn-Pb-Au-Ag-Cu exploration projects in Bosnia and Herzegovina that resulted in share price growth of more than 500% in the 12 months following the company’s IPO.

In his career, Mr Harris was part of the team that commenced production at Anglo American’s Lisheen zinclead mine in Ireland. Here he gained relevant operational experience in ramping up and maintaining production at one of the highest grade and most significant underground zinc producers in the world, up until its depletion and closure in 2018.

He was also an Associate Director of RMB Resources, a firm who funded many junior resource companies on the Australian, North American and European markets.

Mr Burns will be reverting to his original role as Executive Chairman with the balance of the Board and management of the Company remaining otherwise unchanged.

In welcoming the appointment of a new Managing Director to run the Company and its portfolio, Mr Burns, said: “Geraint has a strong combination of mining and commercial experience necessary to unlock the value of the Company’s assets, particularly the Gorno Zinc Project.

"His appointment comes at an important time as we aim to strengthen Gorno’s resource inventory via the upcoming drilling programme at Pian Bracca.”

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