Boab Metals Spearheads Development of Sorby Hills Lead-Silver Project
Boab Metals, under the leadership of Managing Director and CEO Simon Noon, is advancing the development of the Sorby Hills Project, located 50km northeast of Kununurra in the East Kimberley, Western Australia.
Touted as Australia's largest undeveloped, near-surface lead-silver deposit, Sorby Hills boasts not only significant mineral resources but also established infrastructure and existing permits, setting the stage for rapid production ramp-up. Alongside Sorby Hills, Boab Metals is exploring its wholly-owned Manbarrum and Eight Mile Creek prospects, further cementing its position in the mining sector.
Sorby Hills: A Strategic Asset: Fast Track to Production
The Sorby Hills Project stands out with its granted mining leases and EPA approval, complemented by its proximity to Wyndham Port, just 150km away. This strategic location, coupled with established infrastructure, enables Boab Metals to fast-track the project's development towards production.
Resource Expansion and Studies
Under Simon Noon's guidance, the last four years have seen a transformative journey for Sorby Hills, with a 50% increase in the size of the Mineral Resource. The project has undergone rigorous analysis, culminating in the delivery of a high-quality Pre-Feasibility Study and Definitive Study.
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These studies underscore the project's low risk and robust economics, highlighting its potential as a significant player in the lead-silver market.
Leadership Driving Growth: Simon Noon's Vision
Simon Noon, with a 15-year tenure managing Public Resources Companies, has a proven track record of leading companies to success. His strategic management skills and expertise in finance and capital raising have been pivotal in navigating Boab Metals through acquisitions and project developments. Notably, Noon's strategic foresight was instrumental in the acquisition of Sorby Hills in 2018, a move that has significantly enhanced Boab Metals' project portfolio.
Experience and Dedication
Noon's journey from managing Groote Resources Ltd, with a market cap under $10M to market highs in excess of $200M, to his role in co-founding and leading West Rock Resources Ltd until its acquisition by Boab Metals, showcases his capability in steering mining projects to fruition. His commitment to the WA resources industry is evident in his active participation and memberships in industry bodies.
Future Prospects and Exploration
In addition to the Sorby Hills Project, Boab Metals is actively exploring the Manbarrum and Eight Mile Creek prospects. These exploration efforts are integral to the company's growth strategy, aiming to diversify its mineral portfolio and ensure a sustainable future in the competitive mining landscape.
Boab Metals, led by Simon Noon, is poised for significant growth with the Sorby Hills Project's development and the exploration of additional prospects. The strategic positioning of Sorby Hills, combined with Noon's experienced leadership and the company's commitment to exploration, positions Boab Metals as a key player in Australia's mining sector.
s Boab Metals progresses towards production at Sorby Hills and continues its exploration activities, the industry watches closely, anticipating the company's next moves in harnessing Australia's rich mineral resources.
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