Firetail Resources Limited (ASX:FTL) has announced the appointment of Mr. Glenn Poole as Managing Director, effective immediately. The promotion of Glenn to Managing Director aims to facilitate the exploration and development of Firetail's portfolio of copper-focused assets, including the York Harbour Copper-Zinc-Silver Project in Newfoundland, Peru Copper Projects, and Australian mineral assets. The key terms of Mr. Poole's employment are detailed in Annexure 1.
As the Company starts to understand the potential of the York Harbour Project, it is critical that Glenn is empowered to drive the Company from a technical and management perspective. It is clear to us from the early works completed that the York Harbour project will be transformational for Firetail and these changes ensure that we have the right team to develop the asset. The Board is excited to welcome Glenn as Managing Director and I would like to thank our shareholders for the ongoing support since we listed Firetail Resources on ASX in 2022. Moving into the Non-Executive Chairman role allows me to continue on the Firetail journey and support the key acquisitions made over the last 18 months. 'It is an honour and privilege to have the full support of the Board in assuming the role of Managing Director of Firetail Resources. My recent visits to the Picha Project in Peru and the York Harbour Project in Newfoundland, Canada have reinforced the potential for both these projects to deliver significant value to shareholders. In Newfoundland, the team is assembled and we are eagerly awaiting the commencement of drilling and geophysics activities in the coming weeks. Work is ongoing reassessing the historic core, so we can further understand and demonstrate the unrealised potential of this project. In Peru, the focus is on modification of the approved work area to encompass the highly prospective Ichucollo target in preparation for drilling, planned for mid 2025. I look forward to bringing shareholders updates on our exploration activities at York Harbour and share our progress as we seek to unlock the potential across our copper-focused assets in Canada and Peru.
Firetail Resources Limited (ASX:FTL) has appointed Mr. Glenn Poole as Managing Director to lead the exploration and development of its copper-focused assets, including the York Harbour Copper-Zinc-Silver Project in Newfoundland, Peru Copper Projects, and Australian mineral assets. The appointment aims to expedite the exploration and development of the company's portfolio. The Board and the incoming Managing Director, Glenn Poole, expressed enthusiasm for the potential of the York Harbour Project and the value it can deliver to shareholders. The Company's focus on the exploration activities at York Harbour and the modification of the approved work area in Peru demonstrates its commitment to unlocking the potential across its copper-focused assets in Canada and Peru. With a strong technical team and a portfolio of highly prospective assets, Firetail Resources is well positioned to rapidly explore and develop its copper projects and become a significant contributor to the green energy revolution.