Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF, FRA:A9J0) CEO Mike Stark joined Proactive to discuss the appointment of Dr Lex Lambeck as senior vice president of exploration, alongside Greg Hahn’s transition to vice chair.
Stark explained that the move reflects the natural evolution of the company as its flagship Red Hills project continues to demonstrate scale and long-term potential.
Stark said the company has been preparing for this transition for several years, noting that the Red Hills system is extensive and requires experienced technical leadership to unlock its full value.
He highlighted Lambeck’s background, including his role at MAG Silver, which was acquired in a $2.1 billion transaction, as a key reason for the appointment.
During a recent site visit, Stark said Lambeck, Hahn and himself walked the entire three-kilometre strike length of the project, of which only half has been drilled to date.
According to Stark, Lambeck was quick to recognise the scale of the opportunity and asked detailed technical questions that reinforced his confidence in the appointment.
Stark also noted that drilling continues at Red Hills, with Lambeck expected to play a hands-on role as exploration advances. He said recent results and visuals from hole 159 have generated strong enthusiasm internally and among shareholders.
Proactive: Alright welcome back inside our Proactive newsroom, and joining me now is Mike Stark. He is the CEO of Arizona Gold & Silver Inc. Mike, it’s great to see you again. How are you?
Mike Stark: Really well, thank you very much.
You’ve had some interesting news out today. You’ve hired Dr Lex Lambeck as senior vice president of exploration as Greg Hahn moves to vice chair. This looks like a natural progression.
Absolutely right. Since 2019, when we made our first acquisition on this property, Greg came to me and said we were going to need some help. This is a big system. It’s taken time to find the right person, and we now have the right guy.
Tell me more about Dr Lambeck.
MAG Silver Corp selling for $2.1 billion says a lot. Lex can handle multiple projects, which we have. He’s a get-the-job-done guy, and his resume is impressive. We couldn’t have a better fit at this time.
You recently visited site together. What was his reaction?
We walked the entire three-kilometre strike. We’ve only drilled 1.5 kilometres. Lex kept saying, “Holy smokes, we have huge potential here.” He sees the big picture and asks great questions.
Drilling continues and he’ll be very hands-on?
Exactly. He loved what he saw coming out of hole 159. It’s very exciting times for Arizona shareholders.
Quotes have been lightly edited for style and clarity