Perth, Australia – 14 November 2024 | Oar Resources Limited (ASX: OAR) (“Oar” or “the Company”) is pleased to announce the appointment of Charles Nesbitt as the Company’s new Exploration Manager. Mr. Nesbitt brings more than 25 years of experience in the uranium sector, having worked across all four operational and former uranium mines in Australia.
Highlights:
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Industry Experience: Mr. Nesbitt has held senior roles as an Exploration Geologist, Technical Director, and Chief Technical Officer across diverse projects, including work at Olympic Dam (BHP), Beverley/Four Mile (Heathgate Resources), Honeymoon (Boss Energy), and Ranger (Energy Resources of Australia).
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Strategic Role: As Exploration Manager, Mr. Nesbitt will focus on advancing Oar’s exploration portfolio, with an emphasis on uranium assets in Namibia and Brazil, leveraging his extensive background in exploration, mine production, as well as regulatory matters and compliance.
Tony Greenaway, Executive Director of Oar Resources, commented: “We are pleased to have attracted an experienced Exploration Manager of the calibre of Charles to join us at OAR Resources, where we are advancing our highly prospective uranium and rare earth element (REE) projects in Brazil and Namibia.”
“Charles’ experience across the development pipeline for uranium assets is the next step in rounding out the key personnel leading OAR in advancing our assets. OAR already boasts an experienced Board with a track record of creating shareholder value, in particular in Brazil, and this addition rounds out an outstanding technical team.”
“I believe we are well positioned for unlocking OAR’s potential, and we are looking forward to having Charles get on the ground to push forward our exploration program."
About us:
About Oar Resources Limited:
Oar Resources Limited (ASX: OAR) is a mineral exploration company with a high potential asset portfolio in safe jurisdictions and diversified across commodities. OAR aims to advance its projects across Namibia, Brazil and Australia, refining its focus, and potentially unlocking shareholder value through divestment or spin out options for the Oar Graphite Project in South Australia. OAR is currently focussed on its uranium projects in Namibia and Brazil, with the Company exploring options to expand its land position.
Contact details:
Jane Morgan
Jane Morgan Management
Investor & Media Relations
jm@janemorganmanagement.com.au
