The Company was incorporated on 22 June 2010 as Auricup Resources Limited with an objective to identify and acquire precious and base metal projects and exploration interests. In June 2016 the Company was renamed Egan Street Resources Limited (EganStreet).
EganStreet has a Board of Directors and management team with a strong development and operational background focused on realising the potential near term, high grade, low capital cost development of the Rothsay Gold Project.
Non-Executive Chairman – Mining Engineer, BEng Mining
Mr Sullivan is an experienced and successful mining engineer, with a career spanning 40 years in the mining industry. His initial mining experience was gained in the South African gold mining industry, followed by more than 20 years’ with Mount Isa Mines. In the final five years of his tenure with MIM, Mr Sullivan was Executive General Manager, responsible for the extensive Mount Isa and Hilton operations.
Managing Director – Metallurgist, BSc Metallurgy (WASM) MAusIMM
Mr Ducler has over 20 years’ experience in the mining industry. For the past 13 years he has been in senior management roles. His operational experience has been gained through senior roles with; Gold Fields Australia (St Ives & Agnew), BHP Billiton (Mt Whaleback), FMG (Cloudbreak), MRL (Carina Iron Ore Mine) and Roy Hill.
Executive Director – Mining Engineer, BEng Mining (WASM) MAusIMM
Mr Franker has over 20 years’ mining experience in both operations and mining related finance. He has been employed by a number of mining companies in operations and consultancy Newcrest (Telfer), Newmont (Mt McClure & Bronzewing), AMC (Big Bell) – specialising in both underground and open pit mining. He has worked for several international investment banks, with a global focus covering greenfield and brownfield projects.
Non-Executive Director –
Lawyer, BA LLB
Mr Eley is a solicitor with vast experience in the resource sector. He is a founding director of Auricup (EganStreet) and led the acquisition of the Rothsay project. Mr Eley was the chairman of Tierra Grande Resources Inc. (TGRI) on the NASDAQ until the company entered a merger with VNUE Inc. (OTCQB: VNUE). Mr Eley was an Executive Director of Aragon Resources Limited and led the team that secured the Central Murchison Gold Project which became Aragon’s core asset.
Non-Executive Director –
Geologist / Commercial, BSc, Hons Geology
Mr Widdup has extensive experience as a mine geologist having worked at Mt Keith, Olympic Dam, Mt Isa (Black Star open cut mine) and the St Ives Gold Mine where he was Senior Mine Geologist of the combined open pits. He joined Lion Manager in July 2007 as an analyst and completed a Graduate Diploma in Applied Finance in 2011. Mr Widdup is currently an Executive Director of Lion Manager Pty Ltd.
Geology Manager –
Geologist, BSc Geology MAusIMM, MAIG
Ms Reid has over 30 years’ experience in exploration and mine geology working throughout Australia, Indonesia and Vietnam covering a range of commodities within diversified geological terrain. Ms Reid has held a number of senior technical and management positions primarily within the Eastern Goldfields for various companies including Dominion, Mount Edon (Tarmoola), Pancontinental, Aurora Gold, Goldfields-AurionGold-Placer Dome Avoca (Higginsville & South Kalgoorlie Operations).
Chief Financial Officer –
CA, BBus, ACIS, AGIS
Mr Morton is a Chartered Accountant and Chartered Secretary with more than 20 years’ of experience across multiple sectors, including mining, resource exploration, project development, construction and professional practice. Brendon has held senior finance roles and company secretarial roles for a number of ASX listed companies operating in the resources sector. Brendon is a member of the Institute of Chartered Accountants Australia and a member of the Governance Institute of Australia.
Project Manager –
MIEAust, BEng (Civil)
Mr Davis is an experienced engineer and project delivery professional with over 18 years’ experience in complex project delivery across a number of sectors in both Australia and the United Kingdom. His experience incorporates highly technical complex infrastructure projects including London Bridge Rail Station (Thameslink).
General Manager – Rothsay –
BEng Resource Engineering (UWA) MAusIMM
Mr Whitford a mining engineer with over 20 years’ experience in mining. He has held senior roles in operations, site management, project development, project management, construction, business development, process safety and risk management. His extensive experience includes managing: feasibility studies, site construction, site operation and transition to care and maintenance / closure. He has worked with companies including WMC, GoldFields Australia, Lionore, Western Areas, Jubilee and Xstrata.
Rothsay Project – A Golden Opportunity.
The Rothsay Gold Project is located approximately 300 kilometres north-north east of Perth, in the Southern Murchison region of Western Australia. The Rothsay Project covers an area of approximately 56.4 km2 comprising the Rothsay Tenements.
The Project has historically been partially exploited by shallow open-pits and underground mining techniques up until the early 1990’s.
In July 2011, EganStreet acquired the Rothsay Gold Project. Since that time the Company has compiled extensive historical data into a useable form as well as completed several exploration drilling programmes, which has resulted in the delineation of a 2012 edition JORC compliant Mineral Resource of 1.54Mt at an average grade of 9.2g/t Au for 454koz (Indicated 950kt @ 9.6g/t Au for 292koz and Inferred 590kt @ 8.6g/t Au for 162koz). The updated definitive feasibility study mines 2.3Mt @ 4.4g/t for 320koz of contained gold, this is upgraded via a laser & EM ore sorter to produce a concentrate of 1.3Mt @ 7.2g/t which is then processed through a standard CIL circuit for a production target of 289koz of gold.
The Company is focused on successfully bringing the Rothsay Gold Project into production. EganStreet’s longer term growth aspirations are based on a strategy of utilising the cash-flow generated by an initial mining operation at Rothsay to target extensions of the main deposit and explore the surrounding tenements, which include a 14 km strike length of highly prospective and virtually unexplored stratigraphy.
Gold was discovered in the Rothsay Gold Project region in 1894. Historic gold produced totals an estimated 54,000oz. The Project was last mined by Metana Minerals NL, which ceased production in May 1991 after the gold price fell below US$360/oz.
Extensive underground development infrastructure from historical workings remains in place.
Mr Barry Sullivan
Mr Marc Ducler
Mr Lindsay Franker
Mr Hedley Widdup
Mr Simon Eley
Mr Simon Robertson
Suite 2, 6 Lyall Street
South Perth, Western Australia, 6151
Telephone: +61 8 6424 8130
Facsimile: +61 8 6500 9912
PO Box 476
South Perth, Western Australia, 6951
BDO Audit WA Pty Ltd
38 Station Street Subiaco WA 6008
+61 (08) 6555 1866
68 Aberdeen Street Northbridge WA 6003
Computershare Investor Services Pty Limited
Level 11, 172 St Georges Terrace
Perth WA 6000
Telephone (within Australia):
1300 850 505
Telephone (outside Australia):
+61 (03) 9415 4000
Have an enquiry? Contact us via the form below or send an email to email@example.com and we will get right back to you.