Highlights:
• Formation of a dedicated Technical Committee to accelerate the identification, assessment, and development of new gold assets;
• Appointment of industry veterans Mr Byron Dumpleton, Mr Pat Scott, and Mr Pat Hogan to Committee;
• Majestic North mine development will benefit at all stages from resource definition and estimation through to production;
• Committee will work closely with Orbminco’s Board to build a pipeline of value accretive gold opportunities for the Company;
• Mr Richard Willson appointed to Board of Directors.
Technical Committee
Orbminco Limited (ASX: OB1), ("Orbminco" or the "Company") is pleased to announce the formation of a new Technical Committee (the “Committee”) to spearhead the Company's renewed focus on the identification and development of gold assets as well as assisting with the Company’s Majestic North gold project. The Committee will be instrumental in identifying, conducting due diligence, securing, and advancing the forward development of opportunities from acquisition, exploration through to production.
These three highly experienced and respected mining professionals bring a wealth of expertise in geology, mine development, project evaluation, and operational delivery.
Mr Byron Dumpleton
Mr Dumpleton is a highly accomplished geologist with extensive experience in resource development and mine geology across the full mining lifecycle. His expertise spans resource definition, resource estimation, mine development geology, exploration strategy, and the transition from exploration to mining operations.
As former Chief Geologist at Red 5 Limited, he was instrumental in the resource development and advancement of the King of the Hills Gold Project in Western Australia, which grew to a 2.4 million ounce ore reserve supporting a major new mining operation.
Mr Dumpleton has held multiple geological positions from junior to senior roles at some of Australia's most significant gold mining operations, including the Kalgoorlie Super Pit, Telfer Gold Mine, and St Ives Gold Mine, where he gained deep operational expertise and management in mine geology in both open pit and underground environments. His international experience includes responsibility for all geology functions for mining and exploration at the Siana Gold Mine in the Philippines.
Mr Dumpleton is currently a Non-Executive Director of Theta Gold Mines (ASX: TGM) and is currently involved in several small exploration projects and opportunities.
Mr Pat Scott
Mr Scott is a highly experienced mining engineer with more than 30 years of international operational and corporate experience, specialising in the development and operation of gold assets. An Honours graduate in Mining Engineering from the Royal School of Mines, Imperial College London (1977), he has played key roles in the establishment and commissioning of four Australian gold mines, including the Bounty Gold Mine (WA), Tanami Mine (NT) and the Beaconsfield Mine (Tas).
Mr Scott has provided specialist consulting services across mine development, operational optimisation, and project evaluation in Australia and overseas.
He previously served as Managing Director of Mungana Goldmines (ASX: MUX) from 2009 to 2013, and as Executive Director and Managing Director of Otter Gold Mines Ltd (ASX: OTR) between 1994 and 2001. His executive roles include COO of Ivernia Inc (TSX-listed) and CEO of Foxleigh Mining, a Queensland metallurgical coal producer (2001–2005). He has held directorships with several ASX-listed, TSXlisted, and private mining companies.
Mr Scott is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) and holds Mine Manager qualifications for Western Australia, New South Wales, and the Northern Territory. His expertise spans feasibility studies, mine design, operational management, JORC compliance, and the technical and economic assessment of mining properties.
His broad industry network, established over three decades across the Australian gold, coal and base metals sectors, provides access to privately held assets and off-market opportunities that will support the identification and advancement of value-accretive projects for Orbminco.
Mr Pat Hogan
Mr Hogan is a Director and Partner of Goldfields Technical Services, a leading mining management services company based in Kalgoorlie, Western Australia, specializing in open pit mine development and operations.
With extensive practical experience in mine development and project startups, Mr Hogan has been directly involved in the establishment and management of open pit mining operations throughout the Goldfields region. His expertise covers the full spectrum of mine development activities, including mine feasibility and prefeasibility studies, open pit mine evaluation and design, equipment selection and fleet optimisation, life of mine scheduling, production planning, and project execution.
Mr Hogan and his team at Goldfields Technical Services have a proven track record in delivering solution-focused outcomes for mining companies, from initial project concept through to operational delivery and rehabilitation. His hands-on experience in mine management, project startups, and operational optimisation in the heart of Western Australia's gold mining region will be invaluable to the Committee’s mandate.
Board Changes
Orbminco is pleased to advise that Mr Richard Willson has been appointed as a NonExecutive Director effective at the end of the Company’s upcoming Annual General Meeting (AGM).
Mr Willson is an experienced Non-Executive Director, Company Secretary and Chief Financial Officer with over 20 years' experience in publicly listed and private companies, predominantly within the mining, technology and agricultural sectors. Mr. Willson is currently the Non-Executive Chairman of Clara Resources Australia Limited (ASX: C7A), a Non-Executive Director of MedTec Group Australia and Unity Housing Company, and the Company Secretary for several ASX-listed companies, including SKY Metals Limited (ASX: SKY), Waratah Minerals Limited (ASX: WTM), and Orpheus Uranium Limited (ASX: ORP).
He has previously served as a Non-Executive Director for a number of ASX-listed companies, including Titomic Limited (ASX: TTT), Thomson Resources Ltd (ASX: TMZ), Lanyon Investment Company Limited (ASX: LAN), PNX Metals Ltd (ASX: PNX), and Orpheus Uranium Limited (ASX: ORP). Additionally, Mr. Willson was the Chief Financial Officer of Aurelia Metals Limited (ASX: AMI) during the development of the Hera Gold Mine in New South Wales.
Mr. Willson holds a Bachelor of Accounting from the University of South Australia and is a Fellow of CPA Australia and the Australian Institute of Company Directors. His extensive ASX board experience and financial expertise will be valuable additions to Orbminco's Board.
The Company also announces the retirement of Mr Sam Spring as a Non-Executive Director due to personal reasons, effective at the end of the Company’s upcoming AGM. The Board thanks Mr Spring for his valuable contributions and wishes him well in his future endeavours.
As a result of Mr Spring’s resignation, Resolutions 3 and 6 will be removed from the agenda of the Notice of Meeting for the Company’s upcoming AGM.
Orbminco Chairman, Mr Duncan Gordon, commented:
"The formation of this Technical Committee is a significant step forward in Orbminco’s stated plans to both develop and bring Majestic North to production and acquire other value accretive assets.
The team brings a track record of success in taking gold projects from discovery through to production. Their combined knowledge and experience in resource development, mine establishment, and operational delivery will be a key factor in unlocking the next phase of growth for Orbminco.
In addition, we welcome the appointment of Richard Willson to the board. A hugely experienced company director in the resources space, his skillsets will be invaluable as we monetise existing assets and acquire new ones.”
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About us:
About Orbminco
Orbminco Limited is advancing its Mongolia strategy and has recently completed its maiden drilling program at the highly prospective Bronze Fox Copper Project.
Contact details:
For further information please contact:
Duncan Gordon
Chairman
Orbminco Limited
+ 61 4704 006 444
Julia Maguire
Managing Director
The Capital Network
+ 61 2 7257 7338