South Pacific Metals Corp. Announces Management Changes
South Pacific Metals Corp. Announces Management Changes
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VANCOUVER, BC / ACCESSWIRE / May 15, 2024 / South Pacific Metals Corp. (TSX-
V:SPMC)(FSE:6J00) ("SPMC" or the "Company") is pleased to announce the appointment of
Michael Murphy as Chief Executive Officer, and Cathy Fitzgerald as President and Chief
Geologist of the Company, effective immediately.
Both Mr. Murphy and Ms. Fitzgerald are accomplished executives with extensive experience in
designing and executing strategic initiatives and creating value for shareholders. Mr. Murphy has
an established track record of transformational leadership within the metals and mining sector.
He is the founder of TSX-listed gold producer Torex Gold Resources Inc., prior to which he
spent more than 15 years in the financial services sector in London, UK, with Merrill Lynch,
DLJ, and Credit Suisse. Ms. Fitzgerald is a proficient executive and professional geologist with
more than 20 years of exploration and resource development experience across multiple
commodities. Ms. Fitzgerald most recently served as Vice President, Exploration and Resource
Development for Apollo Silver Corp., prior to which she was Director Resource Evaluation,
Ivanhoe Electric (formerly High Power Exploration).
With these appointments, the core of the Company's senior management team is now based in
Canada.
The Company also takes this opportunity to thank the outgoing interim Chief Executive Officer,
Adam Clode, for his services. Michael Murphy, Chief Executive Officer, states "the Company
would like to sincerely thank Adam for his efforts and contributions during South Pacific's
transitional period and we wish him nothing but the very best on his future endeavours."
About South Pacific Metals Corp.
SPMC is an Asia-Pacific focused copper and gold exploration company with four highly
prospective projects: KRL South, KRL North, Kili Teke and the May River Project. All projects
are located in premier exploration mining regions in Papua New Guinea. KRL South and KRL
North both have the potential to host copper-gold porphyry and high-grade epithermal
mineralisation, similar to that being currently mined in the adjacent high-grade Kainantu Gold
District. Kili Teke is an advanced exploration project only 15 km from the world-class Porgera
Gold Mine and hosts an existing Inferred mineral resource with multiple opportunities for
expansion and further discovery. The May River Project is adjacent to the world-renowned
Frieda River Copper-Gold Project, and historical drilling indicating there is potential for a
significant copper-gold mineralized system. SPMC has a highly experienced leadership team
with experience working together in the region and with established in-country partners.
For further information please contact:
Michael Murphy, Chief Executive Officer
Tel: +1 604-428-6128
Email: [email protected]
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the
policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
This news release includes "forward-looking statements" and "forward-looking information"
within the meaning of Canadian securities legislation. All statements included in this news
release, other than statements of historical fact, are forward-looking statements that involve
various risks and uncertainty affecting the business of SPMC. In making the forward-looking
statements, SPMC has applied certain assumptions that are based on information available,
including SPMC's strategic plan for the near and mid-term. There can be no assurance that such
information will prove to be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not place undue reliance
on forward-looking information. SPMC does not undertake to update any forward-looking
information, except in accordance with applicable securities laws. Mineralization hosted on
adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the
Company's property.
SOURCE: South Pacific Metals Corp.