- Underpinned by existing JORC gold resources
- Identified clay-hosted rare earth mineralisation
- Near-term resource growth potential
- 22 unexplored gold prospects
- Low-cost, high-value IOCG targets
- World-leading mining jurisdiction
- Gawler Craton hosts massive IOCG deposits
- Excellent existing infrastructure
- De-risking exploration and lowering per Oz discovery cost
- Calcrete anomalies refined by pathfinder chemistry
- Detailed geophysical surveys
- 58% of all RC and Diamond drilling intersecting economic mineralisation
- Significant intercepts outside current resource: 31m at 3.06g/t gold
- Rare earths work programme defining unique, high-value mineral occurrence, with desirable grades, style of mineralogy and intercept widths
- Pursuing three-pronged strategy of gold, rare earths, and iron oxide-copper-gold
- Pathway to 1M Oz resource
- Rapidly expand rare earths discovery
- Greenfields exploration of defined gold anomalies
- Maturing IOCG targets
Circulars & Notices
The Audit Committee has responsibility for, among other things, the monitoring of the integrity of the financial statements of the company and its group and the involvement of the group’s auditors in that process. It focuses in particular on compliance with accounting policies and ensuring that an effective system of external audit and financial control is maintained, including considering the scope of the annual audit and the extent of the non-audit work undertaken by external auditors and advising on the appointment of external auditors. The ultimate responsibility for reviewing and approving the annual report and accounts and the half-yearly reports remains with the Board.
The Audit Committee meets at least two times a year at the appropriate times in the financial reporting and audit cycle. The members of the Audit Committee are Dan Maling, who acts as Chairman of the Audit Committee, and Greg Hancock. The Group’s external auditor is PKF Littlejohn LLP. The role of external auditor last went to tender in 2018. The Audit Committee closely monitors the level of audit and non-audit services that they provide.
Having assessed the performance, objectivity and independence of the auditors, the Audit Committee recommended the reappointment of PKF Littlejohn LLP as auditors to the Company at the 2021 AGM, and the resolution to approve such reappointment was duly passed.
The Remuneration Committee reviews the performance of the CEO and makes recommendations to the Board on matters relating to his remuneration and terms of employment.
The committee also makes recommendations to the Board on proposals for the granting of share awards and other equity incentives pursuant to any share award scheme or equity incentive scheme in operation from time to time. The Remuneration Committee meets at least one a year. The aggregate fees paid to the Directors in any year is limited by the Articles and this aggregate amount can only be changed by an ordinary resolution.
The members of the Remuneration Committee are David Clarke, Greg Hancock and Dan Maling.
The Board as a whole is responsible for the appointment of Non-Executive Directors. The Board does not currently believe it is necessary to have a separate nominations committee at this time. The requirement for a nominations committee will be considered on an ongoing basis.
Alcester Projects Limited
12 Alcester Crescent
46 Bridge Street
Peterhouse Capital Limited
Orrick Herrington & Sutcliffe (UK) LLP
PKF Littlejohn LLP
1 Westferry Circus
100 Exhibition Street
Melbourne VIC 3000
Link Asset Services
34 Beckenham Road