- Tambourah Metals (TMB) appoints Caue (Paul) Araujo as Managing Director, effective November 7
- The company says Mr Araujo will focus on developing its gold and critical minerals portfolio in Western Australia
- His remuneration package includes a base salary of $250,000 per annum plus superannuation
- Shares in Tambourah end the day 3.7 per cent in the green to close at 14 cents
Tambourah Metals (TMB) has appointed Caue (Paul) Araujo as Managing Director, effective November 7.
The company said Mr Araujo will focus on developing its gold and critical minerals portfolio in Western Australia.
A qualified geologist, he was the Australia-Asia Regional Director of Investment and Business Planning and partner at Hatch Advisory where he managed strategic decision-making in merger and acquisitions, lending, and capital allocation.
He led strategy and market study engagements in energy, steel, battery recycling, battery supply chain and waste to energy technologies.
“We are fortunate to have secured someone with Paul’s industry experience and broader corporate leadership skills,” Executive Chairperson Rita Brooks said.
“The board and I look forward to working with Paul and we are confident that this next stage of growth is going to be a very exciting time for the company.”
His remuneration package includes a base salary of $250,000 per annum plus superannuation.
In September, the company received results from rock chip sampling at the Russian Jack project in the Archean Pilbara Craton in Western Australia.
The company’s geology team recently completed a mapping and sampling program in the northern part of the project.
Looking ahead, Tambourah Metals will begin reconnaissance and rock chip sampling in areas with known anomalous lithium and rubidium.
Ground reconnaissance work will commence in the December quarter and will be followed by detailed surface geochemistry and then drilling.
Shares in Tambourah ended the day 3.7 per cent in the green to close at 14 cents.