Coppermoly (ASX: COY) has appointed Shawn Anson Uldridge as a non-executive director of the company as it carries out a Conceptual Mining Study for the Nakru-1 copper-gold-silver project with Barrick Gold (NYSE: ABX).
Uldridge has 12 years' financial markets experience, eight of which have been in the financial advisory and investment management industry.
He co-founded William Shaw Securities in 2006, prior to which he worked with a boutique stock broking firm based in Sydney.
Coppermoly and Barrick have delivered a maiden Inferred Resource for the Nakru-1 and hit the two billion pounds of copper inventory mark in Papua New Guinea.
The Nakru-1 Resource is the second maiden Inferred Resource on New Britain Island, which has drawn over A$21.6 million in investment from Barrick Gold, one of the world's largest gold miners.
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