Patronus Resources Ltd (ASX:PTN) has implemented several board changes, effective immediately, and promoted experienced mining executive Jogn Ingram from chief operating officer to CEO.
Nicholas Anderson will also step down as executive director but remain on the board in a non-executive role, and Graham Ascough has joined as a non-executive director.
Additionally, Rowan Johnston has transitioned to the non-executive chair role.
Transition follows completion of merger
“With the merger between Patronus and PNX Metals having been successfully completed and our corporate rebranding finalised, the company has well and truly embarked on its next exciting growth chapter – underpinned by a strong balance sheet and an exceptional asset portfolio,” Patronus non-executive chair Rowan Johnston said.
“With drilling completed recently a new MRE is being prepared for the Mertondale Project and exploration drilling continues in Leonora.
“Further multiple exploration and drill programs are about to begin targeting uranium, gold and base metals in the NT.
“With all these programs going on, Patronus is set for a very exciting period of activity and news-flow ahead.
“Nick and I believe this is an appropriate time to step back into non-executive roles and hand the reins to John to drive the company forward and, supported by his dedicated team, unlock its full potential for our shareholders.”
Patronus’ broader growth strategy centres on its diversified multi-commodity portfolio, combining key assets in uranium, gold and base metals across the Northern Territory and Western Australia.
The company’s 2024 rebirth as Patronus, the result of a merger between KIN Mining and PNX Metals has consolidated its mineral resources, which now exceed 1.45 million ounces of gold, 16.2 million ounces of silver, and 177,000 tonnes of zinc.