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Mr Graham Ascough

BSc, PGeo, MAusIMM

Graham Ascough was appointed new Chairman on 29 November 2013. Graham Ascough is a senior resources executive with more than 23 years of industry experience evaluating mineral projects and resources in Australia and overseas. He is currently non-executive Chairman of three ASX listed companies: PNX Metals, Mithril Resources Limited and Musgrave Minerals Limited.

Mr Ascough, a geophysicist by training, has had broad industry involvement playing a leading role in setting the strategic direction for companies, completing financing and in implementing successful exploration programmes. He was also a Councillor of the South Australian Chamber of Mines and Energy and Chair of its Exploration Committee from 2006 ~ 2012 and has strong ties to the SA Resources industry. He is a member of the Australian Institute of Mining and Metallurgy and is a Professional Geoscientist of Ontario, Canada.

Mr Ascough was the Managing Director of Mithril Resources Ltd from October 2006 until June 2012. Prior to joining Mithril in 2006, he was the Australian Manager of Nickel and PGM Exploration at the major Canadian resources house, Falconbridge Limited, which was acquired by Xstrata Plc in 2006.s


Mr Malcolm Norris
CEO & Managing Director

MSc, M App Fin, MAICD, FAusIMM

Mr Norris is a senior mining industry professional with extensive experience in business management, mineral exploration, development of new business opportunities and asset transactions. His roles have covered a wide range of commodities, geographic locations and management of global portfolios of projects in both large and small organisations.

Mr Norris holds an MSc in Geology and a Masters in Applied Finance. He has more than 30 years of industry experience and in the last 15 years has focused primarily on corporate roles. Previous experience has included 23 years with WMC Resources, followed by roles with Intrepid Mines and SolGold.

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Mr Don Hyma
Non-Executive Director

BSc, MSc, PEng, IED

Mr Hyma has 25 years of progressive capital project experience in the resource sector, principally copper, nickel and iron ore in Canada, Chile, New Caledonia and Australia.  His experience spans early stage studies through implementation and start-up.

Mr Hyma holds a BSc in Mining Engineering and an MSc in Mineral Processing, along with an International Executive Management Diploma from INSEAD in France. Based in Perth, Mr Hyma is currently Project Director for Fortescue Metals Group and was previously Chief Technical Officer with Mitsui & Co. Prior to these engagements, Mr Hyma held senior management positions with Rio Tinto including Vice-President Projects for the Iron Ore Company of Canada and General Manager Mine and Infrastructure Projects for Rio Tinto Iron Ore.



Mr Stroud is an experienced CPA qualified corporate finance executive with over 20 years experience advising across all aspects of corporate finance both as an advisor and client. He has advised boards and management teams across a broad range of transactions including public and private equity raisings, debt/hybrid debt, Initial Public Offerings, mergers & acquisitions, sell-downs and restructures both in Australia and overseas.

Based in Melbourne, Mr Stroud is Director - Corporate Finance at Morgans Financial Limited, with a key focus on the small-mid cap market listed space on the ASX working across a broad range of sectors including IT, retail, FMCG, healthcare, metals and mining, energy, property and general industrials. Mr Stroud possesses strong relationships across buy and sell side clients across Australia, Asia, UK and North America. Mr Stroud was previously Director – Corporate Finance at CCZ Securities and previously a Non-Executive Director of ASX Listed Explaurum Limited.