MARKETS

Shakeup at Draig

MONGOLIA-focused explorer Draig Resources has named Andrew Harrison as an executive director as p...

Justin Niessner
Shakeup at Draig

Harrison, who currently serves as a non-executive director, will lead the business development and commercial efforts of the company with an emphasis on Mongolia, Indonesia and other regions.

The nomination coincides with geologist and Geobase Australia director Colwin Lloyd’s appointment as non-executive director.

Draig cites Lloyd’s 22 years’ experience in mining and exploration across a broad range of commodities and geological regions as key assets to ongoing exploration and development activities.

The company also announced that non-executive director Jade Styants has resigned due to increased executive work commitments. Styants will continue with Draig in her role as company secretary and chief financial officer but will end her term as a director.

Draig Resources is developing eight licences in Mongolia’s Ovorhangay and South Gobi provinces.

The company plans to undertake drilling on its South Gobi licences this year to assess its broader coal portfolio.

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