Artemis Resources Ltd (ASX:ARV) (OTCMKTS:ARTTF) (FRA:ATY) has appointed resources industry veteran Boyd Timler as executive director with effect from February 1, 2021.
Timler was appointed to the company’s board as a non-executive director on October 1, 2020, and in conjunction with the appointment of Timler as executive director, Edward Mead, current board member, will take on the role of non-executive director effective February 8, 2021.
Mead was appointed to the Board of Artemis as an Executive Director on December 31, 2014.
Timler has over 38 years of experience in the resources industry, including at senior executive and operator level in both open pit and underground gold and base metals mines.
Besides extensive operational experience, Timler has considerable involvement with the evaluation and development of numerous resource projects throughout the world.
“2021 a pivotal year”
Artemis chairman Mark Potter said: “The appointment of Boyd Timler as executive director reflects the substantial progress being made at the Carlow Castle and Patersons Projects in recent months and the ambitious 2021 exploration and development programmes that are currently underway.
“Boyd has already added considerable value to our Carlow Castle project as a non-executive director and we look forward to working with him as an executive.
“We thank Edward Mead for his substantial contributions to Artemis over the last 6 years as an executive director and we look forward to his continued counsel as a non-executive director given his extensive experience of exploration in the Pilbara region of Australia.
“2021 is expected to be a pivotal year for the Company as the team continues unabated efforts to create value for shareholders through successful exploration and development at both Patersons and Carlow Castle.”
Extensive experience
Timler was most recently chief operating officer of Panoramic Resources Limited, and before this, he held the roles of CEO and managing director of Medusa Mining Limited and COO for Beadell Resources Limited.
Between 2005 and 2013, Timler held senior operations management roles with Barrick Gold Corporation in Australia and Africa.
Prior to that, he held senior roles with Placer Dome Limited, Kinross Gold Corporation and TVX Gold Inc; in Canada the USA and Australia.
Timler has a Bachelor of Science in Geology from the University Alberta, Canada and is a graduate of the Australian Institute of Company Directors.
Non-core asset disposals
The company’s agreement to sell its 51% interest in the Munni Munni PGE Project has lapsed and the company will continue to review all options for its 70% interest in the Munni Munni PGM Project given the continued buoyant market for precious metals.
The company has also identified opportunities to dispose of several non-core tenements through sale or spin-off transactions and will update the market in due course.