Fenix Resources Ltd (ASX:FEX) has enhanced the skillset of its board through the appointment of Richard Nicholls-Maltman as a non-executive director effective from May 17.
Nicholls-Moltman has more than 28 years of experience as a solicitor practising primarily in the corporate and resources sectors.
He has acted for several exploration and production companies and has a broad range of experience in project development and mine to port operations and logistics and is currently a director of Franco-Nevada Corporation’s Australian subsidiary and a director of an Australian based charity operating in Africa.
“Vast amount of experience”
Managing director Rob Brierley said: “Richard brings to Fenix a vast amount of experience and expertise in law and commerce, particularly within the iron ore industry and has previously acted as a director and non-executive chairman of an emerging producer.
“I welcome Richard to the board of directors and have absolute faith that he will add significant value for all shareholders and provide expert counsel to me and the other members of the team.”
Nicholls-Moltman has worked in disaster recovery projects in Australia, the Pacific Islands and the Caribbean, as well as the refugee crisis in Europe.
He is a graduate of the AICD company directors and chairman courses and has previous experience as a director and chairman on an ASX listed exploration and production company.
Adding iron ore resources to Pharos JV
Fenix is hoping to grow iron ore resources around its Iron Ridge operations in WA’s Mid-West and has appointed Scorpion Minerals Ltd (ASX:SCN) to conduct exploration at the Pharos JV Project.
The JV area totals around 373 square kilometres and is immediately adjacent and contiguous to the Iron Ridge operation, with iron ore targets totalling 15 strike kilometres already identified.
Fenix recently requested that Scorpion manage, plan and execute the early phase of exploration at the JV with the agreed program totalling $350,000 over six months to October 31, 2021.