Geopacific has appointed a new chief executive officer (CEO) to help drive development and growth at the company’s Woodlark gold project.
James Fox, a senior resources executive with over 25 years of experience, has been appointed to the role, with interim CEO Matthew Smith continuing on as chief financial officer and company secretary.
“James’ skills and experience will be invaluable as we drive the next chapter of growth and shareholder value at Woodlark,” Geopacific chairman Graham Ascough said.
“We have significantly de-risked the project’s development pathway and there is immense exploration upside which can further enhance its financial metrics.”
Fox has worked in senior positions in the UK, Australia, Cyprus and Uganda and is a qualified geologist. His prior roles included as managing director, chief executive and non-executive director roles.
“James’ multi-disciplinary skills and vast process development experience will help ensure Geopacific capitalises on the huge opportunity we have at Woodlark,” Ascough said.
Fox said that he is excited to join Geopacific during a transformative phase.
“After a recent site visit, which highlighted extensive existing investment, strong exploration upside and a highly capable team, I am eager to apply my experience and insights and to collaborate closely with the exisiting team and board,” he said.
“Woodlark is a technically de-risked development project with numerous opportunities for further resource expansion outside of the current pit-designs, to extend and further optimise the future production profile and financial metrics, allowing it to become a world class asset with premium returns for all our stakeholders.”
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