ASX-listed, “Gorno Zinc Project”, Italy. One of the highest grade lowest contaminant Zinc deposits globally. Investment into capital raise $5mill from syndicate investors. Active non-exec Director role (2 years), multiple site visits, redirected exploration program to increase resource in tonnes and grade.
Carve out of tenement positions from Stawell Gold Mines in 2020. Created new exploration entity, raised pre-IPO funding, recruited management team, drove IPO on ASX for a $20mill capital raise, current non-executive Director.
Created private exploration company, secured prospective tenement package, raised $10mill funding from syndicate investors, current Chairman.
Acquired an underground gold mine (based in Victoria, Australia) operating under care and maintenance from Kirkland Lake (Agnico Eagle). Arete played
a key role in the transaction due diligence and negotiation, and the raising of capital to give effect to the redesign, refurbishment and optimisation of the mine plan. Arete has also acted as the mine’s operating manager since 2017. Notable investment successes: achieved significant profitability within 2 years, and raised royalty-based capital investment to drive current expansion strategy. Investment has generated an IRR to date of greater than 25% p.a.*
Secured a placement for investors in McEwen Copper’s Los Azules project (in Argentina). Los Azules is an ongoing development project, and represents one of the largest copper deposits in the world. Arete is actively managing this investment on behalf of the investor syndicate. The project’s most recent capital raising was done at 2.6x entry price.
Acquired South American high grade iron ore tenements from ASX listed parent. Raised private development capital, assumed CEO role in Chile, completed Preliminary Feasibility Study, sold to investment syndicate within 12 months. (35%IRR over 2 years)*
Contracted (6 months) to prepare a 10 year forward operating plan for Chinese owners. Plan inclusive of all operating activities and costs across the business, recruitment of a new senior operating team. Highest profitability of mine within 6 months in mine’s 15 year history.
Reinstituted a program to construct world-class low radiation laboratory 1000m under an operating mine. (First experiment searching for “Dark Matter”). Assisted in securing $10 mill funding from State and Federal Governments, coordinated the construction utilising mine resources. Extensive coordination with Government regulators, Academic institutions and other stakeholders. Current non-executive Director of SUPL. Current Advisory Board Member to the Australian Research Council Centre of Excellence for Particle Physics Research for Dark Matter.
