Reach Resources Limited (ASX:RR1) (“Company” or “Reach”), is pleased to announce the successful appointment of highly experienced geologist Steve Vallance to the position of Exploration Manager, effective immediately.
Mr. Vallance’s appointment follows the Company’s acquisition of two highly prospective projects in the emerging critical minerals Gascoyne region of Western Australia, including the successful capital raise of $2.0M from sophisticated and professional investors.
Mr. Vallance has over 35 years’ experience across a range of commodities including nickel, lithium, manganese and gold with a solid track record of building strong and cohesive exploration teams. He will also serve as the Company’s ongoing Competent Person.
Most notably Mr. Vallance was Chief Exploration Geologist with Jubilee Mines for almost 10 years and co-lead the discovery of several major Nickel Sulphide deposits which ultimately led to the $3.3B takeover by Xstrata Nickel. However, it is Mr. Vallance’s most recent work with lithium and manganese exploration that arms the Company with the technical exploration expertise it needs to interrogate its newly acquired Morrisey Hill Lithium and White Castles Manganese projects.