02/10/2019 - 07:31

Industry veteran adds grunt to Hammer Metals board

02/10/2019 - 07:31

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Hammer Metals has appointed veteran mining executive, Dan Thomas, as its new Managing Director who brings with him an extensive background in project management, corporate development, business improvement, mergers and acquisitions across multiple resource sectors. Mr Thomas will assist the company to progress its separate mineral discoveries in Queensland’s Mount Isa district and WA’s prospective Yandal belt.

Hammer Metals' new Managing Director Dan Thomas

Perth-based explorer, Hammer Metals, has added significant corporate gravitas to its management team as it continues the development of two key exploration assets on opposite sides of Australia.   

The company said this week that mining executive, Dan Thomas, will commence as the ASX-listed company’s new Managing Director in October, bringing with him a wealth of resource’s sector corporate experience across a range of business activities.

His appointment will complement Hammer’s existing board and management team as it progresses both its polymetallic Mount Isa project portfolio in Queensland and the Bronzewing South gold target in the Goldfields region of WA.

An industry veteran with 20 years’ experience in operations, corporate development, project management and finance, Thomas has qualifications in chemistry and geology and an MBA from the Melbourne Business School.

 During his career, he has worked in Australia, North America, Asia and Africa, focussing on a wide range of commodities, including base metals and precious metals.

His most recent role was as the business development manager for WA mid-tier resource power-house, Sandfire Resources.

Prior to his Sandfire appointment, Mr Thomas held similar roles with Wesfarmers, PTT Asia Pacific Mining and Mitsui E&P Australia.

Hammer is also looking to leverage Mr Thomas’ corporate development expertise in unlocking the value in its extensive Mt Isa tenement holdings in Queensland, where it is focussed on discovering large, Ernest Henry style copper-gold lookalikes.

Hammer Chairman Russell Davis said: “Dan has the strong combination of mining and commercial experience necessary to unlock the latent value in the company’s existing asset portfolio.”

“His technical foundations and more recent experience in corporate development will complement the existing team’s strengths in geology and exploration as the company continues to explore in both WA and Queensland.”

Hammer wholly-owns the Kalman copper-gold-molybdenum-rhenium deposit, the Overlander North and Overlander South copper-cobalt project and the Elaine copper-gold deposits as part of its 2,200 square kilometres of prospective looking ground in the Mt Isa mining district.

It also holds a 51% interest in the emerging Jubilee copper-gold project.

In addition, the company wholly-owns the 111 square kilometre Bronzewing South gold project, which sits adjacent to the 2.3 million-ounce Bronzewing gold deposit in WA’s highly endowed Yandal Belt.

 

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