Green Critical Minerals Ltd (ASX:GCM) has appointed seasoned metals and mining professional Mark Lynch-Staunton as chief executive officer to drive the company’s McIntosh Graphite project in Western Australia and rare earth interests at the North Barkly project in the Northern Territory from February 1, 2023.
Lynch-Staunton brings a strong background in feasibility studies, project development, and operations and was most recently the feasibility manager for Barrick Gold Corporation’s Africa Middle East operations.
A qualified geologist with more than 15 years of gold, base metals, rare earth elements (REE) and iron ore exploration experience, he has led studies on globally significant mining projects including Reko Diq, one of the world’s largest undeveloped copper deposits.
Sought-after expertise
“Being able to attract a CEO with the calibre of Mark’s experience and proven technical and commercial acumen speaks volumes about the potential of the McIntosh Graphite project,” GCM executive chairman Leon Pretorius said.
“The expertise Mark will bring to GCM from his many years working for some of the world’s largest mining companies was a significant attraction for the GCM board and is exactly what is required for the McIntosh Project.
“Mark has successfully delivered feasibility and optimisation studies on numerous global projects, including most recently a multi-million ounce gold-copper deposit in Tanzania.
“The board welcomes Mark’s expertise in all facets of study management and will support his immediate focus to increase the resource at McIntosh, update the feasibility study and project economics to deliver the McIntosh project to its full potential."
Championing sustainability
A strong proponent of new technologies and mining practices to unlock project value and to mine sustainably, Lynch-Staunton will complement the existing team of experts including graphite sales and marketing advisor Christopher Whiteley and graphite metallurgical expert Oliver Peters.
“I am highly encouraged to join and lead Green Critical Minerals at this exciting phase. The quality of the assets and the vision to deliver into the critical minerals space are incredibly attractive,” Lynch-Staunton said of his appointment.
“Critical minerals are vital for renewable energy and the EV revolution, and it’s incredibly important we also turn our attention to mining them responsibly and sustainably. To this end, I will be exploring carbon mitigation strategies and if necessary, carbon offsets, with a view to achieving Australia’s first net-zero carbon graphite mine.
“The McIntosh graphite deposit is a clear standout and represents one of the best near-term critical mineral development opportunities in Australia. It has all the hallmarks to become a leading Australian graphite producer.
“The REE potential at North Barkley further rounds out GCM’s vision to deliver critical minerals in Tier 1 locations. I look forward to uncovering the true potential for what is shaping up to be a significant REE find. I look forward to delivering value to shareholders.”