Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Freehill Mining’s (FHS) CEO Peter Hinner has resigned from his position
  • Peter will leave the company after more than four years to pursue other business interest and gives Freehill his best wishes
  • During his time, Peter helped Freehill achieve two critical milestones: the JORC mineral resource upgrade and the purchase of the Yerbas Buenas project
  • The company will make a further announcement shortly on the appointment of a new director and new additions to its geological team
  • On market close, Feehill is in the grey and trading at 4.7 cents per share

Freehill Mining’s (FHS) Chief Executive Office (CEO) Peter Hinner has resigned from his position.

Peter will leave the company after more than four years to pursue other business interest and gives Freehill his best wishes.

During his time, Peter helped Freehill achieve two critical milestones, the JORC mineral resource upgrade and the purchase of Yerbas Buenas project.

Non-Executive Chairman Ray Mangion says Peter has delivered considerable value for Freehill in his time as CEO.

“We wish him the very best with his future endeavours and for helping to
facilitate a smooth transition to what will be an expanded leadership team,” he said.

Additionally, the company will make a further announcement shortly on the appointment of a new director and new additions to its geological team.

“Freehill today has a broader asset portfolio that includes projects in both the pre-development and exploration phases, and as such, it is important that we strengthen our team so we can extract maximum value for shareholders and advance all projects more rapidly,” Ray said.

“The board is well-advanced strengthening our capabilities both in Australia and Chile and we look forward to updating shareholders in this regard early next week,” he added.

On market close, Feehill is in the grey and trading at 4.7 cents per share.

FHS by the numbers
More From The Market Herald

" Solis Minerals (ASX:SLM) kicks off drilling at Mostazal copper project

Newly listed Solis Minerals (ASX:SLM) has hit the ground at its Mostazal copper project in Chile…
Aurum Resources (AUE)

" Aurum Resources (ASX:AUE) launches drilling campaign at Penny South gold project

Aurum Resources (ASX:AUE) commences reverse circulation drilling program at its flagship Penny South gold project in…

" Metal Hawk (ASX:MHK) shares jump on start of 2022 exploration at Berehaven

Metal Hawk (ASX:MHK) kicks off its 2022 exploration activities at its Berehaven nickel project in the…

" Minrex Resources (ASX:MRR) hits 11.86g/t gold at Queenslander

Minrex Resources (ASX:MRR) has intersected up to 11.86 grams of gold per tonne (g/t) from its…