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Sovereign Metals (ASX:SVM) appoints Head of Development for Kasiya

Materials
ASX:SVM      MCAP $281.5M
15 July 2021 13:30 (AEST)

Sovereign Metals (SVM) has appointed Paul Marcos as Head of Development for the Kasiya Rutile Project in Malawi.

In this position, he will lead and manage key technical components of the project including the ongoing scoping study and future feasibility study programs.

Mr Marcos has 27 years of operations, engineering and consulting experience with the majority in the mineral sands sector.

From 1996 to 2004 he held a number of project development roles at Iluka Resources (ILU).

Mr Marcos was also Senior Technical Consultant at TZ Minerals International, a global consulting company which specialises in mineral sands.

Before joining Sovereign he was Metallurgical and Processing Superintendent – Project Development at Base Resources (BSE).

At this company, Mr Marcos worked on pre-feasibility studies, definitive feasibility studies and engineering design studies for the Kwale North Project and Kenya and the Toliara Project in Madagascar.

Managing Director Dr Julian Stephens is excited to have someone of Mr Marcos’ “experience and calibre” join the team.

“We are very pleased to welcome Paul to our team. He brings significant relevant technical experience and enthusiasm for mineral sands,” Dr Stephens said.

“Having managed process engineering and given his involvement in feasibility studies for a number of African mineral sands projects, Paul is uniquely qualified to lead key technical components in developing the Kasiya Project.”

Shares in Sovereign were steady on the market and trading at 59 cents at 2:09 pm AEST.

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