Troy Resources Ltd
Peter Stern, appointed as Non-Executive Director and Chairman on the 16 June 2017. Mr Stern is the principal of Metropolis Corporate Advisory Services. He has been providing corporate advisory services since 1987 where his focus is on general strategic advice, mergers and acquisitions, divestments, transaction structuring and business development. Prior to forming Metropolis in 2000, Mr Stern held senior positions in corporate finance with Macquarie Bank, UBS and Deutsche Bank. He is a Non-Executive Director of Anglo Australian Resources NL. Mr Stern's qualifications include a First Class B.Sc. Honours (Geology) degree from Monash University and the Securities Institute of Australia Diploma of Finance and Investment. He is a Fellow of the Australian Institute of Company Directors.
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Troy Resources Ltd
Troy Resources Limited is engaged in gold and silver production. The Company is engaged in exploration activities principally for gold, at Karouni gold project in Guyana. The Company at its Karouni Block has outlined an inferred resources of approximately 1.6 million ounces (Moz) at the smarts deposit and hicks deposits. The Andorinhas Mine is located in the state of Para in northern Brazil approximately 45 kilometers from the town of Rio Maria, approximately 17 kilometers from the town of Floresta do Araguaia and approximately 310 kilometers from the town of Maraba. The Karouni gold project produced approximately 34, 740 ounces of gold and approximately 356, 770 tons of ore. The Andorinhas mine produced approximately 8, 789 ounces of gold. The Casposo mine operation comprises an open pit, underground mine and a processing plant. The Casposo mine produced approximately 17, 210 ounces of gold.