Todd River Resources announces new CEO amidst rising zinc prices

An emerging Australian base metals explorer and developer has announced its inaugural CEO as it continues its aggressive growth strategy.

Todd River Resources, the Northern-territory focused base metal explorer and developer, has appointed Will Dix as the company’s new Chief Executive Office, taking up the position in February 2017.

Dix is an experienced geologist with more than 23 years in the industry to his name. He currently sits as Managing Director of Consolidated Zinc Ltd, where he oversaw a number of successful scoping studies that has brought the company closer to transitioning from explorer to developer.

He also has significant experience in the base metal, gold and uranium exploration and mining sector, having worked with LionOre on the two million once Thunderbox Gold project in Western Australia and worked with the company right up until it was acquired by Norlisk Nickel for $4.8 billion.
 

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It’s an exciting time in Tod River Resources’ development, with a Conceptual Mining Study now nearing completion for the Company’s 100%-owned Manbarrum Zinc-Lead Project, one of Australia’s largest undeveloped zinc projects.

The move comes only one year after the company successfully listed on the ASX for $6million.

He will take over executive responsibilities from Technical Director Paul Burton, allowing Mr Burton to continue to focus on his primary role as Managing Director of vanadium developer TNG Limited (ASX: TNG). Mr Burton will remain on the Board as Technical Director.

 Chairman Mr Eddie Fry said the Company was delighted to have secured Mr Dix’s services to lead its aggressive exploration and growth initiatives.

 “Will is a well-regarded mining executive with a successful track record of mineral discovery and mine development, including having worked for highly successful mid-tier mining companies and emerging growth companies like Todd River,” he said. 

 “We look forward to Will coming on board early next year and driving all of our projects forward and helping us to continue to unlock the potential of Todd River’s impressive project portfolio in the Northern Territory at a very opportune time in the commodity cycle”.

 “With zinc prices at 10-year highs, we believe the Manbarrum Project represents an exceptional opportunity for our shareholders, complemented by the many other copper, zinc and lithium exploration opportunities within our portfolio.