PriceSensitive

Colin Belshaw resigns from Nova Minerals (ASX:NVA) to lead advisory panel

ASX News, Mining
ASX:NVA      MCAP $55.37M
12 January 2022 17:24 (AEST)

Estelle Gold Project. Source: Nova Minerals

Nova Minerals (NVA) has announced the resignation of Colin Belshaw as a Non-Executive Director to lead the company’s new in-house technical advisory panel.

Mr Belshaw’s year-long stint as Non-Executive Director saw Nova’s total gold resource estimate almost triple from 3.3 million ounces to 9.6 million ounces.

He will now combine his knowledge and understanding of Nova’s portfolio to lead the new technical advisory panel.

This panel was set up to provide independent technical, geological and scientific advice to Nova’s board as exploration continues towards the first production.

Mr Belshaw will be joined by Nova Chief Geologist Dale Schultz, Nova CEO Christopher Gerteisen and senior metallurgical and mineral processing engineer Mike Hallewell.

CEO Mr Gerteisen expects the panel to have an immediate impact.

“Mr Belshaw has played an important role in Nova’s journey over the past year and I’m pleased he has accepted this new role in the company,” he commented.

“The technical advisory panel will be a specialist resource made up of some of the best gold mining minds in the business.

“As a forward-looking company led by innovation, the panel will deliver additional ideas and insight to help guide our ongoing work programs and strategic investments, as well as drive further growth in reconciliation with our sustainability commitments.”

Nova has ended the day a slight 0.47 per cent in the red, with shares trading at $1.07 in a $192.8 million market cap.

Related News