Tambourah Metals has appointed experienced geologist Caue “Paul” Araujo as its new Managing Director as the company plans to accelerate exploration and development opportunities in the critical minerals sector.
Araujo has more than 20 years of international exploration, management and consulting experience across multiple commodities including lithium, nickel, copper and platinum group elements.
Most recently the newly announced Managing Director was a partner for Hatch Advisory where he served as the Australia-Asia Regional Director of Investment and Business Planning. In the role Araujo led strategy and market study engagements in a range of commodity markets including energy, steel, battery recycling, battery supply chain and waste-to-energy technologies.
Tambourah says Araujo also worked as a partner and Principal Consultant at SRK Consulting where he was involved in resource and target evaluation, geological and technical economic modelling, project due diligence in addition to mining and exploration project reviews.
Tambourah Metals Executive Chairman, Rita Brooks said: “We are fortunate to have secured someone with Paul’s industry experience and broader corporate leadership skills. The board and I look forward to working with Paul and we are confident that this next stage of growth is going to be very an exciting time for the company.”
The appointment comes at a busy time for Tambourah with the company recently embarking on a flurry of exploration across a number of its key prospects.
This week the explorer began an airborne survey across its recently granted Yerecoin prospect where the company is targeting nickel, copper and platinum group elements 120km north-east of Perth. The prospect sits within the Jimperding metaphoric belt that hosts ultramafic rocks that are prospective for nickel mineralisation close to Chalice Mining’s impressive Gonneville discovery.
Last month Tambourah received a boost to the lithium prospectivity of its Russian Jack project in the Pilbara after the Geological Survey of WA confirmed the presence of abundant pegmatite veins and dykes.
The survey results followed an earlier announcement in September when the company added two new exploration licences to Russian Jack. The new zones returned rock chip assays going as high as 1420ppm lithium. The new exploration licences more than doubled Tambourah’s project size to more than 500 square kilometres.
The company also recently completed its first campaign at its namesake Tambourah gold and lithium project with 2527m of RC drilling at five of its gold prospects — Tambourah King, Western Chief, Western Chief south, Federal and Kushmattie.
The Tambourah project is about 80km from the world-class Pilgangoora lithium mine.
Whilst Araujo doesn’t officially begin the new Managing Director role until early next month, his experience in the critical minerals sector in addition to Tambourah’s jam-packed portfolio are sure to raise some interesting headlines in the near future.
Is your ASX-listed company doing something interesting? Contact: matt.birney@businessnews.com.au
By Matt Birney
