Canterbury holds its breath ahead of Queensland copper assays

Canterbury holds its breath ahead of Queensland copper assays and Strandline’s big WA minteral sands project on track to secure funding from the Government’s Northern Australia Infrastructure Facility.

Canterbury’s odds of a big discovery are good with Rio Tinto in its
corner

Special Report: Copper and gold explorer Canterbury Resources Limited has mining heavyweight Rio Tinto in its corner and is headed by a team that is no stranger to making big discoveries.

Canterbury sniffing out copper porphyry

NEWLY-listed Canterbury Resources hit a three-week high today after the company confirmed its Ekoato drilling program in Papua New Guinea had intersected a broad zone of porphyry-style copper mineralisation, before the drilling was terminated within mineralisation at 256m due to downhole issues.

Thick copper zone uncovered at Canterbury Resources’ Ekoato prospect in PNG

Canterbury Resources (ASX: CBY) has uncovered a broad copper zone at the Ekoato prospect, which is part of the company’s wholly-owned Ekuti Range project in Papua New Guinea.

John Anderson
Chairman

• John has over 40 years’ experience in the finance sector in banking, investment banking and general consulting, and in the mining sector in Australia and Chile.
• He has held positions of Managing Director or Chairman of several public and private companies in Australia, and as a Director of mining companies in Chile.
• Holds extensive experience in general financing and capital raisings, developing and implementing business plans for new and existing entities, and taking companies from IPO through to operations.
• John was Chairman of Anchor Resources Ltd from IPO through to its sale to Chinese interests.
• Among other previous positions, John was also Managing Director of an Australian publicly listed mining company and was responsible for turning around its unprofitable operations and implementation of mining and operating plans.

Grant Craighead
Managing Director

• Grant is a geologist with 40 years’ experience in the exploration, mining and financial sectors, including 8 years as Chief Geologist with Elders Resources NZFP Ltd and five years as an Associate Director at Macquarie Bank.
• During his period with Elders he was associated with exploration and development successes including Red Dome, Selwyn, Wafi-Golpu, Glendell, Narama and Kidston.
• He was a co-founder of Anchor Resources Ltd and its Managing Director at the time of its sale to Chinese interests in 2011.
• Grant is also a co-founder and executive director of Breakaway Investment Group, a financial company that provides funds management, private equity and research services in the resource sector.

Michael Erceg
Exploration Manager

• Michael is a geologist with over 35 years’ experience in mineral exploration, mine development and operations in New Zealand, Australia, Papua New Guinea, Vanuatu, Philippines and China.
• He is a specialist in southwest Pacific porphyry copper-gold and epithermal gold-silver systems, and has a strong understanding of their geological, geochemical, geophysical and alteration footprints.
• Extensive experience in managing remote area reconnaissance and advanced exploration programs, including an ability to readily adapt to culturally diverse environments and work effectively with local professional staff.
• During his career he has made significant direct contribution to the discovery and/or delineation of the Red Dome (Qld), Northwest Mungana (Qld), Wafi-Golpu (PNG), OK Tedi (PNG), New Holland underground (WA) and Murrawombie / Larsens / Northeast (NSW) ore bodies.

Gary Fallon
Director

• Gary is a geophysicist with more than 30 years of mineral and coal exploration experience.
• Holds a Directorship and is a principal consultant to Geophysical Resources and Services, a geophysical contracting and consulting company.
• He has been involved in extensive precious, base metal and coal exploration and mining projects, focusing on the application of geophysical techniques to operating mines.
• He has worked for Scintrex Consulting, Whim Creek Consolidated, Dominion Mining and MIM Exploration, providing exposure to mining via both open cut and underground operations.
• He was a co-founder of Anchor Resources Ltd and a Director at the time of its sale to Chinese interests in 2011.

Ross Moller
Director & Company Secretary

• Ross is a Chartered Accountant and Chartered Secretary and is principal of the consulting firm, Rahui Resources.
• Ross brings 30 years of experience in providing corporate advisory and secretarial services to a range of listed and unlisted companies.
• Held the role of Company Secretary for ASX listed junior explorer, Anchor Resources Ltd, through its IPO to its eventual sale to Chinese interests.

Véronique Morgan-Smith
Company Secretary and Legal Counsel

• Véronique has the combined experience of an Australian solicitor and a French avocat d’affaires and has practiced in major French and Australian law firms (in particular Ernst & Young Legal in Paris and Gadens Lawyers in Sydney).
• Specialising in corporate law, mergers and acquisitions and joint ventures, before setting up the Sydney branch of the niche law firm Oceanie Lawyers.
• Over the last fifteen years, she has advised multi-national companies and smaller businesses from set-up through to domestic and cross-border transactions in various legal systems.
• Her experience encompasses a wide range of clients covering exploration / mining companies, construction, transport, automotive, energy and various services providers.

Wanu Tamu
PNG Country Manager

• Wanu Tamu is a PNG National geologist with around 35 years’ mineral exploration experience in the SW Pacific region, particularly Papua New Guinea.
• He has been involved in a full range of exploration field activities including design, management and implementation of field programs, plus government and landowner liaison. He was also a member of the Elders Resources NZFP Ltd exploration team during the drilling of the discovery hole at the Golpu deposit.