Tony James, who has considerable senior underground operational and development experience, has been appointed as a non-executive director.
This forms part of the continuing evolution of Galena’s board and management to ensure the best available skills are employed to advance the development of Abra.
Chairman Adrian Byass said, “Galena’s Board and management are very much looking forward to benefitting from Tony’s top-level expertise and active input as we move forward at Abra.
“Tony’s willingness to join following his due diligence on Abra is a great demonstration of the robustness of assumptions behind the project development plans.”
Founding director resigns
The appointment of James coincides with the resignation of non-executive director Olly Cairns.
Byass said, “Olly Cairns was instrumental in the formation of Galena and part of the team which has created this successful emergent company.
“As a founding director from the IPO, Olly has been part of creating the culture and momentum that Galena enjoys.
“On behalf of the company I would like to thank him for his hard work, dedication and valued input, whilst wishing him the best for his future endeavours.”
Experience with other companies
At Atherton, he achieved a favourable outcome for shareholders which culminated in a cash takeover by Auctus Minerals.
He led the implementation of a revised development strategy for Mutiny’s Deflector copper-gold deposit in WA prior to the merger with Doray Minerals Limited (ASX:DRM).
Prior to these director roles, James held a number of senior executive positions with international gold producer Alacer Gold Corp (TSE:ASR), including president of its Australian operations.
He also played a key role in Avoca Resources’ initial growth and success, leading the feasibility, development and operation of its Higginsvile Gold Mine.