Wa1 Resources Ltd
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Who Are Paul Savich and Gary Lethridge? Managing Director and Chairman of WA1 Resources
Leadership at the Forefront: Pioneering Exploration in Western Australia's Untapped Regions
In the quest to uncover a Tier 1 deposit in Western Australia's uncharted territories, a certain mining company stands out, not just for its ambitious exploration goals but also for its commitment to positively impacting remote communities. Central to this mission are the company's directors, Gary Lethridge and Paul Savich, whose extensive experience and proven leadership are key drivers in navigating the challenging landscape of remote exploration.
Gary Lethridge: Steering the Ship as Non-Executive Chairman
Career Overview: Gary Lethridge brings over 30 years of experience from various mid-tier, growth, and multinational companies.
Notable Roles: His journey includes significant positions like Executive Director – Finance at Echo Resources Limited and Managing Director at Talisman Mining Limited for seven years.
Strategic Roles in High-Value Companies: Lethridge's tenure at Jubilee Mines NL as Executive General Manager – Corporate, CFO, and Company Secretary was marked by its successful $3. 1 billion acquisition by Xstrata Plc. He also served as the Australian CFO of LionOre Mining International Limited.
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Leadership in Board Positions: His expertise extends to non-executive roles in companies like Helix Resources Limited (Chair), Northern Star Resources Limited, and Falcon Minerals Limited.
Educational Foundation: Lethridge is a graduate of the University of Western Australia with a Bachelor of Commerce degree.
Independent Guidance: The Board acknowledges Lethridge as an independent Director, bringing an unbiased and experienced perspective to the table.
Impact on Exploration Strategy
Lethridge's extensive background in finance and strategic roles in resource companies is instrumental in guiding the company's exploration initiatives, particularly in securing and managing financial resources for the ambitious exploration of Western Australia’s remote regions.
Paul Savich: Driving Exploration as Managing Director
Varied Background: With 15 years of experience, including over a decade in ASX-listed resource companies, Paul Savich is a seasoned professional in the mining sector.
Current Ventures: As the Executive Director of SilaTEC Pty Ltd, Savich focuses on identifying, incubating, and developing grassroots resource projects.
Previous Achievements: At Echo Resources Limited, Savich played a pivotal role as General Manager – Corporate & Compliance and Company Secretary. His achievements include overseeing the acquisition of the Bronzewing Gold Project and the merger with Metaliko Resources Ltd.
Foundational Career Steps: Savich’s career began in Audit, Assurance & Advisory before he transitioned to Corporate Finance at Deloitte (Perth).
Academic Credentials: He holds a Bachelor of Commerce from Curtin University, has completed the Chartered Accountants (CA) program, and holds a Master of Applied Finance from the Financial Services Institute of Australasia.
Directorship Status: The Board views Savich as a non-independent Director, given his active management role within the company.
Leadership in Action
Savich's role is crucial in driving the company’s exploration activities. His expertise in corporate finance and project development, combined with a track record of successful transactions, positions him to effectively manage the company’s exploration ventures in Western Australia's remote areas.
Charting New Territories
The combination of Lethridge's strategic financial expertise and Savich's hands-on experience in resource development forms a robust leadership duo for the company. Their collective guidance is pivotal in navigating the challenges of exploring unexplored regions in Western Australia while maintaining a commitment to benefiting remote communities. With such seasoned professionals at the helm, the company is well-positioned to achieve its goal of discovering a Tier 1 deposit and creating value for all stakeholders.
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