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GPM Metals Appoints John Tait as CEO, Says Walker Gossan Exploration to be Delayed Until Q2 2025
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GPM Metals Appoints John Tait as CEO, Says Walker Gossan Exploration to be Delayed Until Q2 2025
Sep 29, 2024 4:30 AM

10:10 AM EDT, 09/23/2024 (MT Newswires) -- GPM Metals ( GPMTF ) appointed 25-year mining industry veteran John Tait as chief executive.

Tait, who assumes the role from Peter Walsh, was president of Southern Star Resources before the company was renamed Gold Eagle Mines and sold to Goldcorp in 2008 for $1.5 billion. Tait has also been an officer and director of several exploration companies throughout his career.

The company also said Dan Noone will transition from executive chairman to chairman of the board.

Exploration drilling at the Walker Gossan project in Australia's Northern Territory has also been deferred to the end of the wet season, or the second quarter of 2025, GPM said. The road accessing the property deteriorated significantly during an 8-year absence of exploration on the property and an extreme rainfall event in the early 2024 storm season caused unexpected damage to the access route. The road repair required to access the site restricted GPM's exploration goals prior to the start of the wet season.

Price: 0.08, Change: -0.01, Percent Change: -11.76

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