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  • Geopacific Resources (GPR) has announced CEO and Managing Director Ron Heeks announced he would be stepping down
  • While this change is effective immediately, Ron will continue in an advisory position for three months to allow the transition for an appropriate replacement
  • In the meantime, Chairman Ian Clyne will assume the day to day management of the company
  • Ron was first appointed Managing Director in 2013 and he believes that it is time for some ‘fresh energy’
  • Geopacific Resources is still down 10 per cent and shares are trading for 45 cents each

Geopacific Resources (GPR) is down 10 per cent today after CEO and Managing Director Ron Heeks announced he would be stepping down.

While this change is effective immediately, Ron will continue in an advisory position for three months to allow the transition for an appropriate replacement.

Ron was first appointed Managing Director in 2013 and he believes that it is time for some ‘fresh energy’.

Ron has more than 30 years’ mining industry experience, having worked with WMC Resources, Newcrest, Newmont (U.S.), and RSG Consulting.

He has held senior roles in mine management and exploration, and is a former Technical General Manager for Straits Asia Indonesian Operations.

He was also Chief Technical Officer for Adamus Resources Southern Ashanti Gold Operation.

“Ron is a very capable geologist with many years mining experience, he has been instrumental in the identification of the Woodlark Gold Project for Geopacific, and all of its positive developments to date,” Chairman Ian Clyne commented.

“The Board of Directors wish to publicly acknowledge and thank Ron for his extremely valuable contribution to the company. We wish Ron every success for his future endeavours,” he said.

A search will begin immediately to identify an experienced Senior Executive but in the meantime, the Chairman will assume the day to day management of the company.

Geopacific Resources is down 10 per cent and shares are trading for 45 cents each at 3:59 pm AEST.

GPR by the numbers
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