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The latest update is out from 3D Resources Limited ( (AU:ADG) ).
Adelong Gold has appointed Nova Minerals chief executive Christopher Gerteisen as a non-executive director, filling the board seat tied to Nova’s A$1 million cornerstone investment and offtake rights over future antimony production. The board has classified him as a non-independent director due to his leadership role at substantial shareholder Nova, but maintains that his technical and commercial expertise justifies the nomination.
Gerteisen, a geologist and mining executive with more than 30 years’ experience across North America, Australia and Asia, is expected to support the advancement of the Lauriston Gold-Antimony Project following recent high-grade gold and initial antimony drilling results. The appointment underscores the deepening strategic alignment between Adelong and Nova as they seek to unlock Lauriston’s gold and critical mineral potential and create value for both companies’ shareholders.
More about 3D Resources Limited
Adelong Gold Limited is an Australian exploration company focused on developing gold and antimony resources, particularly at its Lauriston Gold-Antimony Project in Victoria. The company targets high-grade gold and emerging antimony mineralisation in one of Australia’s most productive gold corridors, near Agnico Eagle’s Fosterville Mine, positioning itself within the critical minerals and precious metals space.
Average Trading Volume: 5,009,211
Technical Sentiment Signal: Sell
Current Market Cap: A$13.33M
Learn more about ADG stock on TipRanks’ Stock Analysis page.