Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
My blog:
  • Lachlan Star Increases Latin America Experience On The Board 0 comments
    Nov 23, 2012 1:25 AM

    Lachlan Star (ASX: LSA) has appointed Peter Drobeck, who has over 30 years experience in exploration and mining largely in Latin America, as a non-executive director.

    Drobeck's experience includes manager new projects for Silver Standard Resources, where he is responsible for new project generation.

    Previous positions include senior vice president, exploration and business development with AuRico from 2008 to 2011.

    During his time with AuRico he built the exploration division staff to 28 geologic professionals with a land position of 295,000 hectares, annual drill programs of 200,000 metres, and annual budgets of $40 million in Mexico.

    Drobeck was an independent consultant from 1999 to 2006, which included the discovery of NGEX Resources' Vicuna Project "Filo del Sol" breccia pipe copper-gold-silver deposit that straddles the Chile-Argentina border.

    He was also a senior district geologist for Newcrest Resources in Chile from 1995 to 1999, where he led the discovery team at the Caspiche gold-copper porphyry through mapping, geophysics and drilling.

    Drobeck's knowledge of mining in Latin America, Spanish language skills and geological understanding will provide additional board depth.

    This appointment is in line with Lachlan's strategy of moving the focus of its operations to the Americas, where its main asset, the CMD Mine, is located.

    Lachlan is continuing to ramp up production at the CMD Mine, which is forecast to produce 75,000 ounces for the 2013 calendar year.

    The ultimate goal for Lachlan is to become a 100,000-ounce producer within two years.

    Proactive Investors is a market leader in the investment news space, providing ASX "Small and Mid-cap" company news, research reports, StockTube videos and One2One Investor Forums.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.