Great Western Minerals Group (CVE:GWG) Tuesday announced the resignation of board member Robby Gilmore, and ushered in a round of new promotions. The company also announced a scheduled conference call for a corporate update later this month.
The rare earth miner, which is in the development stage, said Vernon
J. Kiss has been appointed as senior vice president, business and
Prior to his promotion, Kiss was appointed earlier this year to vice
president of corporate development and strategic initiatives.
Kiss had a 15 year career with Cameco Corp. (NYSE:CCJ), one of the
world’s largest uranium companies. He also has experience in
acquisitions and joint venture arrangements.
In addition to Kiss, Michael Der, vice president of corporate and
legal affairs, will replace Elizabeth Nash as corporate secretary.
Nash, however, will continue to provide legal services for the company.
The company also reported Vincent Mora is no longer project director of the Steenkampskraal project.
Steenkampskraal project management continues to be provided by Rare
Earth Extraction Co. Ltd, mine manager Kwaw Kabaah and about 30 workers
and contractors at Steenkampskraal.
Kabaah has also been appointed as the third member of a three-person board of trustees of the Steenkampskraal Workers Trust.
Meanwhile, integrated rare earths company plans to hold a conference
call on August 22, at 10 a.m. to talk about corporate initiatives.
In early July, the company unveiled the latest phase of its drill
program at its South African Steenkampskraal site, which doubled the
area of interest at the mine.
The most recent drill intercepts were from four areas surrounding the
main mine workings, all outside the previously reported NI 43-101
Among the highlights of the western extension drill program, rare
earth element-bearing monazite vein mineralization was encountered in
seven of eight drill holes and mineralization was up to 3.73 metres true
The historic mine "vein" at Steenkampskraal is comprised mainly of a
rare earth-bearing monazite. The vein is variably south-dipping, and was
developed over a strike length of 400 metres.
In May, the company said its NI 43-101 report indicated the presence
of 13,823 metric tonnes of total rare earth oxides (TREO), including
yttrium, under the indicated resource category, and 14,147 metric tonnes
under the inferred resource category, each using a one per cent cut-off