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  • Syrah Resources Appoints Mining Veteran John Nitschke As A Director 0 comments
    Jan 1, 2013 7:23 PM

    Syrah Resources (ASX: SYR) has appointed experienced mining engineer John Nitschke as a director of the company to manage the current Scoping Study for its Balama graphite and vanadium project in Mozambique.

    Nitschke, who has over 35 years experience in the resources industry will also manage the anticipated Feasibility Study and is expected to take up an executive role with the company until the appointment of a General Manager for Balama.

    He is currently chairman of IMX Resources (ASX: IXR) and a non-executive director of Venturex Resources (ASX: VXR).

    Previously held roles include senior executive positions with Normandy Mining, Oxiana Limited and OZ Minerals(ASX: OZL).

    Nitschke has managed the development of the Prominent Hill Copper Gold Project, the Golden Grove Underground Zinc Operation and the Sepon Copper Expansion Project.

    He also has 10 years' experience in underground base metal operations culminating in management responsibility for a substantial operation undergoing major change and development as well as 20 years experience dealing with all aspects of project development including study management, mine and process optimisation, negotiation on permitting and infrastructure requirements, contract development and negotiation and actual project implementation.

    Nitschke has demonstrated commitment to the development of working cultures based on best safety, health, environment and community practices and also has strong commercial experience in the management of large and complex Joint Ventures, contract development and negotiation and dispute resolution.

    He also has great exposure to a broad range of challenging technologies and international settings.

    Syrah has also advised that Alistair Campbell has tendered his resignation as a director due to his other ongoing business and personal commitments.

    Balama

    Work on Balama this year will include drilling to close off the high grade areas at surface, which run from about 15% to over 20% total graphitic carbon.

    This drilling will add tonnage to the high grade areas and close them off for mine planning purposes.

    Balama West and Balama East will also require additional drilling to convert resources into reserves and for geotechnical drilling purposes.

    An initial JORC Resource for Balama West is expected to be finalised by early January.

    The samples for the remaining drill holes at Balama East are at the laboratory and Syrah anticipates announcing the remaining results by early January.

    A JORC Resource for Balama East is slated for delivery in the March quarter of 2013.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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