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Tim Strong steps up as CEO of Golden Rim Resources (ASX:GMR) after Craig Mackay announces departure

ASX News, Mining
ASX:GMR
31 October 2022 16:53 (AEDT)
Golden Rim Resources (ASX:GMR) - CEO, Tim Strong

Source: Tim Strong/LinkedIn

Golden Rim Resources (GMR) has appointed Tim Strong as CEO from November 1 after Craig Mackay announced his departure from the company.

After 21 years with Golden Rim, Mr Mackay will step down as Managing Director, a position which he has held for 15 years, however, he will continue as a Director for six months to ensure a smooth transition.

“Craig has made an enormous contribution to Golden Rim including having achieved a number of gold discoveries,” Chairman Adonis Pouroulis said.

“He has played a pivotal role in steering the company’s projects to advanced stages and he has been the driving force behind the Kada Gold Project, placing the company on the path to project development.”

With over 13 years of experience on six continents, Mr Strong’s commodity experience includes gold, copper and zinc with a focus on West African shear-hosted orogenic gold.

Over his career, he has worked with major mining companies and capital markets professionals on a range of projects from target generation through to exploration planning and strategy, and feasibility level studies.

Work highlights include the resource drill out of the Yaouré gold deposit in the Ivory Coast and running near mine exploration for Resolute Mining in Mali.

He has been involved with the raising of seed capital and pre-IPO financing for private companies through an extensive network of European and North American investors.

Mr Strong’s remuneration package includes a $250,000 per annum salary and five million zero exercise price options.

Shares in Golden Rim ended the day 7.5 per cent in the red to close at 3.7 cents.

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