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Matador Mining adds geological expertise to board with non-executive director appointment

As part of the board transition, Grant Davey has stepped down as a non-executive director of the company.

Matador Mining Ltd - Matador Mining appoints highly experienced mining executive to board as non-executive director
Matador is a gold exploration company with highly prospective tenure in Newfoundland

Matador Mining Ltd (ASX:MZZ) has strengthened its board with geological expertise by appointing highly experienced mining executive Justin Osborne as a non-executive director.

Osborne has had a highly successful career as a gold specialist highlighted by his role in the discovery and development of the newly operating Gruyere Gold Mine with Gold Road Resources Ltd (ASX:GOR).

At Gold Road, Osborne was an integral part of the team that drove the company from discovery to a successful gold producer and ASX 200 company with a market capitalisation of more than $1.5 billion.

“Highly experienced geologist”

Executive chairman Ian Murray said: “Justin started working with me at Gold Road in 2013 and was instrumental in leading the exploration team through the development of the world-class Gruyere Gold Project.

“Justin is a highly experienced brownfields and greenfields geologist and I believe his experience, particularly in greenfield gold exploration, is a critical element that will significantly add to the board’s expertise.”

Various senior positions

His role at Gold Road included direction and oversight of all technical aspects of brownfields and greenfields exploration, resource development and study activity during the discovery and feasibility phases of the Gruyere Gold Project, and Steering Committee member through the construction and commissioning.

Prior to Gold Road, he held various senior positions with Gold Fields Ltd, which included vice president development strategy – growth and international projects and general manager – near mine exploration (International Operations), which followed a long career with WMC Limited.

“Untapped exploration potential”

Osborne said: “I’m delighted to have joined the board of Matador and again be working closely with Ian.

“What attracted me to the role is the untapped exploration potential of the Cape Ray Project which reminds me of the untested Yamarna Belt that Gold Road Resources had when I started there in 2013.

Platform for resource growth

“I believe the Matador exploration team has established a strong platform for successful exploration centred on the regionally extensive and highly prospective Cape Ray Shear Zone from which to deliver growth.

“My aim as a non-executive director is to assist the team to achieve successful resource growth through high-quality exploration and discovery.

“This is a genuinely exciting opportunity in a frontier gold district.”

Osborne replaces Grant Davey who is stepping down with immediate effect.

Davey, who will remain as a ‘significant’ shareholder, was instrumental in the company’s acquisition of the Cape Ray Project and in establishing its current position of strength.

Quick facts: Matador Mining Ltd

Price: 0.4 AUD

ASX:MZZ
Market: ASX
Market Cap: $67.91 m
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