Indonesia-focused explorer Southern Arc Minerals (CVE:SA) announced Friday the appointment of Hamish J Campbell to the company's board of directors, and the promotion of Andrew J Rowe to executive vice president.
Campbell has fronted Southern Arc's exploration programs in Indonesia
since the company’s inception, in the roles of vice president of
exploration and executive vice president.
He has over 27 years of international mineral exploration experience with 24 years of that experience in Indonesia.
has held various senior exploration positions, with practice
establishing and managing local and foreign-owned mining service
He has designed and implemented exploration programs and directed
detailed evaluations and assessments of joint venture and acquisition
In his role as a director, Campbell will continue to oversee Southern
Arc's development strategy and business interests as the company's
senior in-country representative.
"Hamish will further strengthen Southern Arc's Board of Directors
with his insight into the Indonesian mining industry," said Southern’s
chairman and CEO, John Proust.
"With his extensive exploration, geological and business experience,
Hamish was instrumental in establishing Southern Arc's Indonesian
projects and exploration strategy.
"We look forward to his continued participation in the role of Director."
The company’s former chief geologist, Andrew Rowe, has also been
promoted to executive vice president with the responsibility of planning
and managing Southern Arc's daily operations and exploration programs
He is a geologist with 20 years of experience in mineral exploration
and project management in Australia and various countries in Southeast
Asia such as Thailand, Indonesia, Mongolia, China and Laos.
He has held exploration positions with many companies including
Renison Goldfields, Queensland Mines, Normandy Anglo Asia, Phelps Dodge,
Aurora Gold and Ivanhoe Mines (NYSE:IVN).
Prior to joining Southern in May 2006, Andrew was the principal
geologist for Pan Australian Resources and was a member of the
management team responsible for successfully bringing the Phu Kham Cu-Au
porphyry deposit through to bankable feasibility.
"In his capacity as Chief Geologist for Southern Arc, Andrew has
demonstrated his ability to plan and implement large-scale exploration
programs, managing both the technical and personnel aspects of
day-to-day operations," said Proust.
"In his expanded role as Executive Vice President, Andrew will plan
and oversee Southern Arc's exploration programs and evaluate strategic
opportunities for Southern Arc in Indonesia."
Southern Arc is a Canadian mineral exploration company, whose
portfolio includes four epithermal gold and copper-gold porphyry
exploration projects on the Lombok and Sumbawa islands in Indonesia,
three of which are being advanced in partnership with major mining
companies Vale and Newcrest.
Southern’s key exploration property is its West Lombok project, with
several gold-rich copper porphyry and epithermal gold vein prospects.
At the end of last month, the company released its financial results
for its third quarter, along with an update of its exploration
activities at its portfolio of projects.
Southern Arc finished the quarter with assets totalling $62.87 million.
The company has recently completed a number of significant
milestones, including increasing its ownership to 90 per cent in its
West Lombok and Taliwang projects in Indonesia through the acquisition
of additional shares in its subsidiary PT Indotan Lombok Barat Bangkit,
from its Indonesian partner, PT Permata Puri Mega (PT PPM).
Two of the prospects on the West Lombok property host a combined
proven strike length of more than 26 kilometres of mineralized
epithermal breccias, with individual bodies ranging in thickness from 2
to 66 metres, with a strike length of up to 1,000 metres and a vertical
extent of greater than 300 metres.
So far this year, Southern Arc completed 14 holes on areas in the
northwest section of the property, focused on epithermal gold
mineralization, and two holes in the southeast section of the property,
focused on porphyry copper-gold mineralization.
During the quarter, the company also completed the drilling of a
third hole at its Sabalong project in the Sumbawa Island in Sumbawa
Regency, Indonesia, targeting copper-gold porphyry mineralization, with
The Sabalong property is being advanced in partnership with Vale,
with Southern Arc as the operator of the property. Southern Arc said
results will be released when phase 1 exploration is deemed complete, at
which point Vale has the option to carry on to phase 2 and complete US$2 million of funding within two years.