- Iceni Gold (ASX:ICL) announces a reshuffle at the top as its Managing Director, George Karageorge, tenders his resignation
- His last five years through COVID have seen him act as CEO for three different companies according to his LinkedIn
- Mr Karageorge was formerly a senior geologist at Pilbara Minerals for 10 years from 2013 to 2023
- The company is gearing up for a drilling campaign in WA before the end of 2023
- Shares last traded at 6.5 cents
Iceni Gold (ASX:ICL) has announced a reshuffle at the top as its Managing Director, George Karageorge, has tendered his resignation.
Mr Karageorge’s resignation is effective immediately, and the company was not overly elaborate on what exactly occurred.
He was expected to give four months’ notice in his contract, but the company agreed to make it immediate.
He will walk away with two months’ leave in lieu.
“In his short time with Iceni, George’s contribution has been invaluable,” ICL Executive Chair Brian Rodan said.
“[He assisted] our pursuit of potential major gold, lithium and nickel discoveries at the 14 Mile Well project.
“On behalf of the Board, we thank George for his contributions and wish him all the best in his decision to pursue other opportunities.”
Mr Karageorge was formerly a senior geologist at Pilbara Minerals for 10 years from 2013 to 2023. In fact, the man was a founding staffer.
According to his LinkedIn, he became Canadian Bluebird Battery Metals CEO in April 2019, and later became the CEO of Argent Minerals (ASX:ARD) in October of that year.
A year later, he would also become CEO of MinRex Resources (ASX:MRR).
The question now becomes where Iceni will turn to find its next top dog.
Iceni told The Market Herald in early September that the company is gearing up to launch a drilling campaign at its WA acreage.
In the December quarter, rigs will be deployed to the Guyer and Everleigh targets, all within the company’s 14 Mile Well project envelope.
Earlier this year, the company made a significant discovery of a 20-ounce gold nugget at the surface of the 14 Mile Well site, which also holds lithium prospectivity.
ICL shares last traded at 6.5 cents.