Asra Minerals strengthens leadership to drive gold strategy

Asra Resources has welcomed a highly experienced geological consultant to its technical team as CEO Paul Stephen transitions to MD.

ASR is building out its geological expertise as the company prepares to expand resources at its Leonora gold projects. Pic: Getty Images

Special Report: With gold prices hovering around US$3,400 (AU$5,200) an ounce, Asra is building a high-calibre technical team to advance its portfolio, particularly the flagship Leonora gold projects.

• CEO Paul Stephen will transition to managing director role
• Ziggy Lubieniecki, a highly experienced geologist with almost four decades of experience, appointed geological consultant
• Lubieniecki will guide Asra’s exploration strategies as it seeks to unlock the value of its Leonora gold projects

Asra Resources (ASX: ASR) has appointed Ziggy Lubieniecki as geological consultant to its technical team, leveraging his almost 40 years of experience in mineral exploration, discovery and project development.

Additionally, CEO Paul Stephen will move into the role of managing director effective immediately, while executive chair Paul Summer will move to a non-executive role but remain as chair.

“We are delighted to appoint Paul as managing director,” Summer said.

“His deep understanding of our projects, coupled with his extensive experience in the resources sector, makes him the ideal leader to steer Asra through its next exciting chapter. 

“The appointment provides continuity and a strong director as we focus on unlocking the value of our assets.”

Watch: Growth opportunities aplenty in the WA Goldfields

Proven track record of exploration

Asra Minerals’ Leonora North and South gold projects sit within the Eastern Goldfields of Western Australia, an area of prolific gold mineralisation known for multi-million-ounce deposits.

The company is engaged in active exploration across the portfolio, targeting resource growth and new discoveries over prospective greenstone belts similar to nearby gold deposits and operating mines.

Location of Leonora North and South gold projects. Source: Asra Minerals.

Ziggy Lubieniecki played pivotal roles in several major discoveries, including at the Gruyere gold project in the Eastern Goldfields, developed into a 6.2-million-ounce asset by Gold Road Resources (ASX:GOR).

“We are thrilled to welcome Ziggy to an active role supporting Asra’s broader geological team,” Asra Minerals incoming managing director Paul Stephen said.

“His extensive geological knowledge and proven track record in exploration and discovery will be an important asset as we accelerate activities across our project portfolio. 

“I look forward to working closely with him to enhance our geological understanding and drive discovery success.”

ASR said Lubieniecki’s expertise would be invaluable in guiding exploration strategies, investigating new identified targets and extensions to current resources at Leonora South and North.

This article was developed in collaboration with Asra Minerals, a Stockhead advertiser at the time of publishing. 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Originally published as Asra Minerals strengthens leadership to drive gold strategy