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West Wits Mining appoints Tim Chapman as non-executive director

The company has also announced the resignation of Dr Andrew Tunks who was pivotal in growing the company’s mineral resource estimate during his tenure.

West Wits Mining Limited - West Wits Mining announces new non-executive director in Tim Chapman
Chapman joins the company as it advances development of its Witwatersrand Basin and Mt Cecelia Projects

West Wits Mining Limited (ASX:WWI) has announced the appointment of a new non-executive director in Tim Chapman, who has previously worked closely with the board as a key advisor and has been actively engaged with the company’s projects up to 2017.

Chapman’s current role is as director, corporate broking at PAC Partners – which is a leading advisory, equity capital markets and research house focused on emerging and mid-cap companies with a strong track record in the resources sector.

West Wits chairman Michael Quinert said: “The board is pleased Mr Chapman has agreed to join WWI’s board, his knowledge of the company and experience in Australian financial markets enhances the board’s knowledge and skillset as the company executes its development strategy into 2021.”

His Australian investment banking experience and knowledge of the company’s projects will assist the board as the company embarks on the advancement of the Witwatersrand Basin Project and Mt Cecelia, targeting production in 2021.

Director resignation

The company has also advised that Dr Andrew Tunks has resigned as a non-executive director of the company to focus on his increasing workload as managing director at Meteoric Resources Ltd (ASX:MEI).

Dr Tunks involvement with West Wits commenced in 2013 as a geological consultant before joining the company’s Board in March 2018 and during this time he played a key role in growing the company’s JORC compliant mineral resource estimate.

Quinert said: “The board would like to thank Andrew for his dedication and invaluable input over many years, overseeing the significant growth of West Wits 4.37 million ounce JORC resource which now provides the company with a strong foundation for mine development.”

Quick facts: West Wits Mining Limited

Price: 0.073 AUD

ASX:WWI
Market: ASX
Market Cap: $89.2 m
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