Anglesey Mining plc (AIM: AYM), the UK minerals development company, announces that Jonathan (Jo) Battershill has informed the Board of his resignation as Chief Executive Officer of the Company in order to take up a position as Managing Director of Silver Mines Limited, an ASX-listed, silver development company, in Australia, in which he is currently a Non-Executive Director, effective 1st January 2024.
A process to appoint a successor will commence immediately. Jo has agreed to remain in his role as CEO until 31 December 2023 to manage the current work programs and to assist with the smooth transition to a new CEO. Jo will also continue on the Board of the Company as a Non-Executive Director thereafter.
Current and pending work programs in the Company include:
- Northern Copper Zone infill drilling at Parys Mountain, with the drilling rig scheduled to arrive on site the week of 16th October;
- Metallurgical test work for the White Rock and Engine Zones, which includes a trade-off study between the Dense Media Separation and X-Ray Transmission preconcentration processes;
- Ongoing studies for the Environmental and Social Impact Assessment for the Parys Mountain project; and
- Gap analysis for the environmental baseline studies at the Grängesberg iron ore project in Sweden.
John F Kearney, Chairman of Anglesey Mining, commented: “On behalf of the Board of Directors, I thank Jo for his efforts on Parys Mountain and Grängesberg since joining Anglesey in 2021, which have seen both projects advance significantly, and we wish him well in his new role with Silver Mines. “
“We are pleased that Jo has agreed to continue as a Non-Executive Director of Anglesey, and we look forward to his ongoing contributions to the Company in the future.”
“We expect to commence a search for a new CEO imminently and appreciate Jo’s commitment to advancing the projects while ensuring a smooth transition to a new CEO over the coming months.”
Abmec