Cauldron Energy Ltd (ASX:CXU) has appointed experienced geologist and corporate executive Ian Mulholland as a non-executive director and chairman with immediate effect.
Current chairman Simon Youds will continue in the capacity of executive director.
Prolific career
Mulholland has had a long and distinguished career holding senior technical and executive roles for over 30 years.
Most notably, he was chief geologist of Summit Resources during which time Summit completed a resource upgrade on the Valhalla uranium deposit and acquired a portfolio of uranium projects; ultimately being taken over by Paladin Resources for ~$44 million.
Subsequently, Mulholland was exploration manager at Anaconda Nickel during the period that Anaconda grew its lateritic nickel ore resource from 300 million tonnes to over 1.3 billion tonnes; and technical director of Conquest Mining (ASX:CQT) during the period in which Conquest acquired the Carlton silver-gold project with Conquest subsequently merging with Evolution Mining for a ~$320 million valuation.
MD of Rox Resources for 15 years
Most recently, Mulholland was founding Managing Director of ASX-listed Rox Resources for 15 years.
Under his leadership, Rox Resources was awarded Australian Mining Prospect Awards Explorer of the Year in 2015 for its Fisher East Nickel Sulphide Project discovery.
Since retiring from Rox Resources in April 2019, Mulholland has operated a highly successful geological and mining personal consultancy.
“Ian is a natural fit for Cauldron”
Mulholland has an extensive background in exploration and mining in Australia, and international experience in Laos, South Africa and New Zealand, across a range of commodities including base metals, gold and uranium.
Cauldron executive director Simon Youds said: “We are extremely pleased to have someone of Ian Mulholland’s experience, corporate knowledge and technical strength join the Cauldron Board as its Non-Executive Chairman.
“Ian is a natural fit for Cauldron with his significant experience in gold and uranium, and a history of managing successful outcomes for ASX-listed junior exploration companies over many years.
“We see Ian’s commitment to Cauldron as a strong vindication of our existing project suite and their prospectivity.
“The team and I look forward to working with Ian, and to continue to build the company.”