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Fritz Fitton

Fritz Fitton worked as senior geologist for several international mining corporations between 1969 and 1987, during which time he was involved in several world class mineral discoveries. In 1987, Mr Fitton founded Geological & Mining consulting firm Maprock which is based in Perth WA. Since its formation, Maprock has been responsible for the preparation of numerous Independent Geological Reports for inclusion in prospectuses for successful IPO’s such as Jubilee Mines, Berkeley Resources, Trafford Resources Athena and Scotgold. Mr Fitton is a long standing member of both the AusIMM and AIG professional bodies and is recognised to be a “Qualified Person” for such purposes as ASX releases and the quantification of JORC mineral resources. Throughout his career, Mr Fitton has been responsible (either as an individual or part of a team) for the discovery of numerous major economic mineral deposits several of which are still in production (eg. Scuddles-Golden Grove Cu-Zn-Au (WA), Elura Zn-Pb-Ag (Cobar NSW) and Harbour Lights Au (WA). He was also involved in the discovery of the Wilcherry Hill high-grade magnetite deposits near Whyalla in South Australia, now being mined by Ironclad/Trafford Resources. Mr Fitton has also carried out exploration for a diverse range of mineral commodities in many overseas countries (eg. China, Fiji, South Africa, Botswana, Uganda and the Balkans). Mr Fitton is currently on the board of, or advisor to, several private WA-based exploration companies with interests in Australia and a number of overseas countries.
Bio last updated 22 Sep 2018

Positions - Previous

PositionCompanyYearCompany's current rankWA staff
Non-Executive Director
Kin Mining
Kin Mining
2011 - 2017333

Directors Interests

CompanyDateTransaction typeNumber of sharesPrice per shareTransaction valueNature of change
Kin Mining21 Nov 2016Bought325,000$0.20$65,000Exercise of options
Kin Mining21 Nov 2016Other325,000$0.20$65,000Exercise of options
Kin Mining04 Oct 2016Issued443,500$0.22$97,570Rights issue
Kin Mining31 Jan 2015Other500,000$0.00OtherOptions expired
Kin Mining16 Oct 2014Issued124,000$0.15$18,600Rights issue

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
368thGindalbie Metals6%-35%
399thJacka Resources1%-52%
665thInca Minerals-38%-34%
735thMount Ridley Mines-50%25%
786thKin Mining-63%0%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

331st↓Gindalbie Metals$7k
332nd↑Mount Ridley Mines$7k
333rd↑Kin Mining$7k
334th↓Jacka Resources$7k
335th↓Inca Minerals$6k
506 listed resources companies ranked by revenue.
Source: Morningstar

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