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Bronco Resources Names New CEO and Sharpens Focus on Placer Mountain Gold Project

Story Highlights
  • Bronco Resources appointed Dev Rishy-Maharaj as CEO, with predecessor Corbin Stewart remaining on the board.
  • The company issued new stock options and reaffirmed a disciplined exploration focus on its Placer Mountain Gold Project.
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Damara Gold ( (TSE:BRON) ) has shared an announcement.

Bronco Resources has appointed mining executive Dev Rishy-Maharaj as its new chief executive officer and director, replacing Corbin Stewart, who remains on the board to support continuity as the company enters its next growth phase. Alongside the leadership change, Bronco granted 825,000 stock options to directors, officers and consultants at an exercise price of $0.06 for five years, and reaffirmed its strategic focus on methodically advancing its flagship Placer Mountain Gold Project in British Columbia, aiming to leverage robust gold prices and disciplined exploration to enhance shareholder value.

More about Damara Gold

Bronco Resources Corp. is a TSX Venture Exchange-listed mineral exploration company focused on advancing the Placer Mountain Gold Project near Princeton, British Columbia, held through an 88%/12% joint venture with Universal Copper Ltd. The company’s board comprises industry veterans with extensive international mineral exploration experience and is currently emphasizing disciplined capital deployment to capitalize on historically strong gold prices.

Average Trading Volume: 73,535

Technical Sentiment Signal: Sell

Current Market Cap: C$1.92M

For detailed information about BRON stock, go to TipRanks’ Stock Analysis page.

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