New exploration manager hops aboard Australian Mines train

April 04, 2018 / finfeed.com / Article Link

Perth-based junior developer, AustralianMines (ASX:AUZ | OTCQB:AMSLF), this morning announced its appointment of StuartPeterson in the newly created role of exploration manager.

This new addition to the AUZ tech team comesas the company ramps up its project development and regional explorationactivities in 2018.

Peterson is a qualified geologist andseasoned exploration manager, with more than 15 years of industry experience, includingexploration of nickel-cobalt mineralisation, working across both Australian andinternational project portfolios.

Stuart peterson geologist

He has demonstrated expertise in leadingexploration and field activities, as well as target generation and projectreview. Peterson joins AUZ after serving as exploration manager at the ASX-listedLithium Power International (ASX:LPI), where he was instrumental in the developmentof the emerging producer's assets across Australia.

A high priority for Peterson in his new rolewill be the final planning and commissioning of a Resource expansion drillingcampaign at the Flemington cobalt-nickel-scandium project in central New SouthWales. AUZ aims to expand the Mineral Resource at this project ahead of apre-feasibility study later this year.

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Peterson will also spearhead the expansion ofAUZ's on-ground exploration team in NSW, which will be based at the company'snewly established regional office in the town of Parkes. This regional officewill support field operations at both Flemington and the greenfields Thackaringacobalt project, as well as providing a local contact point for surroundingcommunities.

Of course, as withall minerals exploration, success is not guaranteed - consider your ownpersonal circumstances before investing, and seek professional financialadvice.

AUZ managing director, Benjamin Bell, said:"The opportunity exists for us to significantly increase the Mineral Resourceinventory at our Flemington Project, with the current Mineral Resource areacovering only a fraction of the prospective host geology within thosetenements.

"Given Stuart's high level of relevantexploration experience and past management roles, I look forward to him takingthe lead on what will be a busy period of on-ground activity for AustralianMines, starting with our large-scale resource expansion drilling program atFlemington next quarter."

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