SYDNEY, AUSTRALIA: Cobre Limited (ASX: CBE) introduced the appointment of Adam Wooldridge as Chief Executive Officer (CEO) of the Company efficient today.
Adam Wooldridge is currently the CEO of Cobre’s wholly owned subsidiary, Kalahari Metals Ltd (KML).
This appointment represents one other thrilling step for each Cobre and KML following Cobre’s recent consolidation of 100% possession of KML.
Mr Wooldridge is a founding partner of KML and has performed an active role in developing the Company’s exploration projects over the final 5 years. An skilled geophysicist and geologist with over 25 years’ expertise in Africa, the Middle East and Europe, he has labored in exploration administration and consulting positions throughout a number of deposit types collectively with base and precious metals.
Adam is a former partner of NRG Geophysical Surveys and was beforehand employed by BHP working inside the Kalahari Copper Belt (KCB).
In conjunction with the appointment of Mr Wooldridge, Mr. Martin Holland will transition from Managing Director and Executive Chairman to Executive Chairman only. Mr. Holland has been instrumental to the success of Cobre and can proceed to have a really active and strategic role inside the Company as Executive Chairman.
Mr Holland was a Founder of Cobre and has spent the final 4 years transitioning and establishing the Company as a number one copperfocused exploration Company with excessive quality, global copper assets, while constructing a strong board, technical, and administration team.
Commenting on Mr Wooldridge’s appointment Cobre’s Executive Chairman, Martin Holland, said: “We’re delighted to announce the appointment of Adam because the brand new CEO of Cobre, who will be becoming a member of our senior administration team.
With his confirmed track record in Africa, and particularly Botswana, Adam’s appointment represents a strong mixture of bringing collectively the proper person, on the proper place, on the proper time. As I transition from Executive Chairman and Managing Director to Executive Chairman only, I look very ahead to persevering with this thrilling journey alongside Adam as we collectively develop the Company from strength to strength. This is one other extremely strategic appointment, and our focus stays on unlocking significant worth inside the Kalahari Copper Belt in Botswana.”
Commenting on his appointment as CEO, Mr Wooldridge said: “With the ongoing exploration success we’re having in Botswana, I am each honoured and excited to be becoming a member of Cobre because the brand new CEO. I have loved my time as CEO of KML and look ahead to contributing on a a lot broader, strategic level now that I am embedded inside the senior administration team as Cobre’s CEO.
The relationship I have with the Cobre Board and administration team has been very rewarding and units a strong basis for future success. I look ahead to persevering with to work collectively as we develop this thrilling and rising new copper district inside the KCB. In conjunction with the extremely focussed technical team appointed inside the center of this year, in addition to a strong and aligned senior administration team, I strongly believe we have all of the proper ingredients for additional exploration success.”