Gold Road Resources Ltd

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Market Cap:
$1.47 billion
1.68 AUD
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Gold Road Resources is Pioneering Development of Australia's Newest Goldfield.


The Gruyere Gold Project was discovered by Gold Road in October 2013 on the South Dorothy Hills Trend, 25 kilometres north-east of the Company’s original Yamarna Belt discovery, Central Bore.

Within 10 months of Gruyere’s discovery, Gold Road had defined a significant high-grade gold deposit and announced a maiden JORC 2012 Mineral Resource of 96.93 million tonnes grading 1.23 grams of gold per tonne for 3.8 million ounces of contained gold.

The Gruyere Mineral Resource has since grown to 144 million tonnes grading 1.3 grams per tonne for 5.9 million ounces of contained gold, making it one of the largest undeveloped gold deposits in Australia.

(click here for more information on this project)



The Golden Highway (formerly known as the Attila-Alaric Trend), which includes the resources at Attila and Alaric, is located on the western side of the Yamarna Greenstone Belt within the Archaean Yilgarn Craton. Most of the greenstone sequence is obscured by a veneer of Quaternary sand and lake deposits.

Gold was first discovered on the Yamarna Greenstone Belt in the early 1980’s and the first Resource completed in 1994 on the Attila Project to the south of Alaric. Subsequent exploration focussed on this mineralised trend of highly sheared mafic and intermediate volcanics and sediments parallel to the Yamarna Shear Zone. Mineralisation has been traced over 50 kilometres in strike. The Attila and Alaric Mineral Resources were updated to comply with JORC Code 2012 Edition standards in 2015. Following positive economic evaluation of both the Attila and Alaric deposits, further drilling was completed during 2016 and 2017.

(click here for more information on this project)


Last updated 7th January 2019

Tim Netscher
Non-Executive Chairman

Mr Netscher has had a distinguished career in the international resources industry, holding senior executive roles with Gindalbie Metals, Newmont Mining, Vale Australia, PT Inco, BHP Billiton and Impala Platinum. Through these roles, he has gained extensive operational, project development and business development experience.

Mr Netscher is a highly credentialed public company director and is currently Non-Executive Chairman of Deep Yellow Ltd, a Non-Executive Director of St Barbara Mines Ltd and Western Areas Ltd and is a Non-Executive Director of the proprietary entity Aquila Resources Pty Ltd.

Mr Netscher is a Chartered Engineer and holds a BSc in Chemical Engineering, Bachelor of Commerce and an MBA. He is also a fellow of the Institution of Chemical Engineers and a member of the Australian Institute of Company Directors.

Duncan Gibbs
Managing Director & CEO

Mr Gibbs joins Gold Road with over 30 years of field and management experience covering all aspects of the mining and exploration process in Australia through senior and executive positions held with AngloGold Ashanti, Acacia and Shell/Billiton.

Previously Mr Gibbs held management and executive roles at AngloGold Ashanti including most recently General Manager at Sunrise Dam where he led the well-publicised turnaround of one of the largest underground gold mines in Australia.

Prior to this Mr Gibbs headed the AngloGold Ashanti, Australasia Exploration team to the >8 Moz Tropicana discovery and acquired the dominant ground position in a new Australian gold province.  As Tropicana evolved, he managed the prefeasibility and feasibility study teams for the project as the Vice President, and later on was appointed General Manager of Tropicana Gold Mine following project approval by the JV partners and regulators in late 2010.

Mr Gibbs is a Fellow of the Australasian Institute of Mining and Metallurgy, Graduate of the Australian Institute of Company Directors,  and holds a Bachelor of Science (Honours), Geology.

Justin Osborne
Executive Director - Exploration & Growth

Mr Osborne brings to Gold Road a wealth of exploration experience in multiple commodities including gold, copper and base metals. He has over 30 years of field and management experience covering all aspects of the mining and exploration process in Australia and internationally through senior positions held with Gold Fields Ltd and WMC Resources Ltd amongst others. Mr Osborne commenced with Gold Road in 2013 and played a pivotal role in the rapid and effective resource development of the world class Gruyere Gold Deposit which is now in development.

Previously Mr Osborne held numerous senior roles on the exploration executive team of Gold Fields Ltd, including Vice President Development Strategy – Growth and International Projects, and General Manager Near Mine Exploration covering all international mining operations. He played an instrumental role in the development of the Damang Superpit project in Ghana, which yielded potential resources in excess of 6 Moz within two years, and had considerable discovery success as Mineral Resource Manager at the St Ives Gold Mine, making the discoveries of the Athena and Hamlet deposits among other significant Reserve additions.

He is a Fellow of the Australasian Institute of Mining and Metallurgy and holds a Bachelor of Science, Honours (First Class) from La Trobe University of Victoria.

Ian Murray
Executive Director

Mr Murray is a qualified Chartered Accountant with more than 20 years’ corporate experience working for publicly listed resources companies.

Between 1997 and 2005 he held positions including Chief Financial Officer and Chief Executive Officer with DRDGOLD Ltd. Mr Murray oversaw major acquisitions, restructuring and stock exchange listings that grew DRDGOLD from a small, lease-bound South African miner into a globally listed multi-mine company producing over 1Moz of gold per annum at its peak. During this time he also served on the board of South African gold refinery Rand Refinery Limited and the internet-based commodity investment platform GoldMoney.com.

Prior to this he qualified as a Chartered Accountant with KPMG, worked in Management Consulting with PricewaterhouseCoopers, worked in the South African Revenue Service and assisted in establishing one of South Africa’s most successful biotechnology companies.

Sharon Warburton
Non-Executive Director

Ms Warburton has extensive experience in the mining, infrastructure and construction sectors. She gained substantial operational, commercial and risk management experience in the global resources sector through her time as an executive at Rio Tinto. She has also previously held senior executive positions at Brookfield Multiplex, ALDAR Properties PJSC, Multiplex, and Citigroup.

In recognition of her experience, she was awarded Western Australian Telstra Business Woman of the Year in 2014 and was a finalist in 2015 for The Financial Review’s Westpac 100 Women of Influence.

She is on the board of not-for-profit organisation Perth Children’s Hospital Foundation and formerly the Chairman of the Northern Australia Infrastructure Facility and a former Director of Western Power.

Ms Warburton is regarded as a financial, governance and remuneration expert and is a Fellow of the Institute of Chartered Accountants Australia and New Zealand and Australian Institute of Building. She is a Graduate of the Australian Institute of Company Directors, a member of Chief Executive Women and a part-time member of the Australian Takeovers Panel.

She holds a Bachelor of Business (Accounting and Business Law) from Curtin University.

Brian Levet
Non-Executive Director

Mr Levet holds a B.Sc. in Geology from the University of London and brings over 40 years of diversified
mineral industry experience to the Company. Mr Levet has worked for Rio Tinto Rhodesia, Zimbabwe Iron and Steel  Corporation and Newmont Mining Corporation in exploration, project start‐up and operational roles. Mr Levet  retired from Newmont Mining Corporation in 2011 as Group Executive for Exploration.

During  his  27  years  with  Newmont Mining  Corporation, Mr  Levet’s  exploration  and  team leadership skills resulted in a number of major discoveries, including:

the Batu Hijau and Elang copper‐gold deposits in Indonesia
the North Lanut gold deposit in North Sulawesi, Indonesia
the McPhillamys gold deposit in New South Wales,
as well as playing a significant role in the identification of Yanacocha Peru, as a world‐class gold mining camp.

He is currently a Non‐executive Director of EMX Royalty Corporation, which is listed on the TVX‐V and NYSE stock exchanges.

Carol Marinkovich
Company Secretary

Carol has over 20 years experience in the mining industry. She has extensive experience in Company Secretary and Corporate Governance Practices both within Australia and internationally, including Sundance Resources in Western Australia and has worked for other junior mining companies, both listed and unlisted. Carol is a Member of the Governance Institute of Australia and the Institute of Chartered Secretaries and Administrators.

Hayden Bartrop
General Manager – Corporate Development & Legal (Joint Company Secretary)

Mr Bartrop is a lawyer with more than 10 years’ experience in the gold industry in legal, commercial and business development roles. He joined Gold Road Resources in March 2016 and is responsible for the legal and company secretarial functions and identifying business development opportunities for the future growth of the company.

Prior to joining Gold Road Resources, Mr Bartrop was Director of Legal and Business Development at Barrick Gold Corporation, and played an instrumental role in the divestment of US$1.25 billion in assets, including the sale of Cowal, Kanowna, Plutonic, Granny Smith, Lawlers and Darlot operations in Australia and a 50% interest in Porgera in Papua New Guinea. Mr Bartrop also held several other roles in the Australia Pacific region at Barrick Gold Corporation during his career, including Manager of Growth and Business Development, Legal Counsel and Contracts Superintendent. Mr Bartrop started his career as a lawyer for Deacons.

Mr Bartrop holds a Master of Business Administration (High Distinction), Bachelor of Law and Bachelor of Commerce (Finance and Banking).


Last updated 7th January 2019

Street Address

Level 2, 26 Colin Street
West Perth WA 6005

Postal Address

PO Box 1157
West Perth WA 6872

Phone: (08) 9200 1600
Fax: (08) 9481 6405
Email: [email protected]


Tim Netscher: Non-Executive Chairman
Duncan Gibbs: Managing Director & CEO
Ian Murray: Executive Director
Justin Osborne: Executive Director – Exploration & Growth
Brian Levet: Non-Executive Director
Sharon Warburton: Non-Executive Director

Senior Management

Sharon Goddard: General Manager – Corporate
Stuart Jenner: General Manager – Capability and Culture
John Donaldson: Geology Manager – Geology
Hayden Bartrop: General Manager – Corporate Development and Legal
Tony Muir: General Manager – Finance

Carol Marinkovich: Company Secretary

Investor Relations

Duncan Hughes: Manager – Business Development & Investor Relations

Registered Office

Level 2, 26 Colin Street
West Perth WA 6005

Phone: +61 8 9200 1600
Fax: +61 8 9481 6405
Email: [email protected]
Web Site: www.goldroad.com.au

Postal Address

PO Box 1157
West Perth WA 6872

Company Details

ABN: 13 109 289 527
ACN: 109 289 527

Stock Exchange

Level 40, Central Park
152-158 St George’s Terrace
Perth WA 6000

Share Registry

Computershare Investor Services Pty Ltd
GPO Box 242
Melbourne VIC 3001


235 St Georges Tce
Perth WA 6000

Last updated 7th January 2019