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)
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.
Chief Operating Officer – 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 – 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.
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..
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).
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 59.3 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 701kt at an average grade of 11.6 g/t Au for 262koz (Indicated 399kt @ 11.9g/t Au for 152koz and Inferred 303kt @ 11.3g/t Au for 110koz) and a production target of 493kt @ 6.7g/t for 101koz of gold produced.
The Company is focused on increasing the geological confidence of the Mineral Resource, expanding the known mineralisation and carrying out the necessary evaluation, modelling and feasibility studies to progress a potential near-term, low capital intensity opportunity to commence gold production.
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 Hedley Widdup
Mr Simon Eley
Mr Simon Robertson
Suite 8, 77 Mill Point Road,
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
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Level 11, 172 St Georges Terrace
Perth WA 6000
Telephone (within Australia):
1300 850 505
Telephone (outside Australia):
+61 (03) 9415 4000
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