19/11/2019 - 15:08

Sipa MD retires, joins Regis

19/11/2019 - 15:08

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Sipa Resources managing director Lynda Burnett has announced her resignation, after serving more than five years in the role, and will join the board at Regis Resources as an independent non-executive director.

Sipa MD retires, joins Regis
Lynda Burnett will commence her new position at Regis Resources on November 27.

Sipa Resources managing director Lynda Burnett has announced her resignation, after serving more than five years in the role, and will join the board at Regis Resources as an independent non-executive director.

She will finish up her role at Sipa on January 31.

Ms Burnett joined the company in 2014 as an exploration manager, serving in the role for two months before being appointed as managing director.

Prior to that, she was director of exploration in Australia at Newmont Mining Corporation for nearly two years.

Sipa Resources chairman Tim Kennedy said Ms Burnett was instrumental to the company securing the Paterson North copper-gold project and the $US57 million joint venture with Rio Tinto announced last year.

“Being at the helm of a pure-play junior exploration company is a challenging position, particularly through what have been some of the toughest market conditions the junior resource sector has seen in recent years,” he said.

“We wish Lynda every success as she embarks on a new phase of her career.”

Ms Burnett also served as director of exploration at Summit Resources from 1998 to 2004, and has held senior geological positions with Plutonic Resources, Newcrest Mining and Worsley Alumina.

She will commence her new position at Regis Resources on November 27.

Commenting on the appointment was Regis Resources’ chairman James Mactier.

“(Ms Burnett) brings a wealth of experience in gold and other mineral exploration, and joins us at an exciting time as we significantly increase our focus on exploration,” he said.

Ms Burnett will be the second female director on the Regis board, joining Fiona Morgan, out of a total of six directors.

Ms Burnett is the present chair of the advisory board for the Centre of Exploration Targeting at the University of Western Australia and is also a member of AusIMM, the Society of Economic Geologists and the Australian Institute of Company Directors.

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