Ironbark Zinc invites former Jabiru Metals MD to fill board seat

Ironbark Zinc (ASX: IBG) has appointed Gary Comb to the Board of Ironbark as a non-executive director.

Comb was recently the managing director of Jabiru Metals where he was successful in taking the Jaguar base metal project into production, with the commissioning of the mine and processing plant taking place during the global financial crisis.

Jabiru became a bottom quartile cost producer and subsequently was subject to a A$532 million takeover in early 2011.

Comb was also previously chief executive officer of BGC Contracting, the mining contracting arm of Western Australian construction group BGC. He is currently a director of Zenith Minerals.

Comb’s 25 years in the Australian mining industry will strengthen Ironbark’s board as it works towards first production at the Citronen Base Metal Project in Greenland in 2014.

The company recently increased the grade and tonnes of mineralisation at the project following a Resource upgrade.

Ironbark announced a 23% increase in grade for the underground optimised mineral inventory, to 39.1 million tonnes at 6.18% zinc for 2.4 million tonnes of contained zinc metal, and 0.53% lead.

This comes hot on the heels of a 53% increase in Measured and Indicated Resources at Citronen, announced on January 9.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/24622/ironbark-zinc-invites-former-jabiru-metals-md-to-fill-board-seat--24622.html