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Tag: Ravenswood

Welborn steps down from Resolute role

Written by dev on . Posted in All News, Energy, Gold.

Resolute Mining is in the market for a new chief executive officer after John Welborn stepped down from the role after five years.

Resolute chief financial officer Stuart Gale has been appointed as interim CEO while an executive search process is undertaken.

Resolute managing director and CEO John Welborn.

Resolute chairman Martin Botha said Mr Welborn had worked hard to reposition and transform the business over the past. . .

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ActivEX finds backing for Ravenswood gold project

Written by dev on . Posted in All News, Copper, Exploration, Gold.

ActivEX has entered a new partnership to advance its Ravenswood gold project, covering five tenements in the Charters Towers minerals province.

The company has finalised a joint venture and farm-in agreement with unlisted company Ballymore Gold, which would see Ballymore spending up to $2 million to assess and explore the land package.

In addition to earn-in rights under the agreement, Ballymore has the option at any time to acquire 100 per cent interest in the Ravenswood project for $5 million (cash and/or scrip).

In a statement to the market today. . .

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