INNOVATIVE FIRST MOVERS
THOUGHT LEADERS IN EXPLORATION
Value outcomes through innovation and pragmatic response to opportunities
Transition Resources Pty Ltd is a registered proprietary company limited by shares and was incorporated in March 2018.
Its primary assets include exploration and mining tenements near the regional Queensland township of Cloncurry, within the world class Mt Isa Inlier.
At April 2020 Transition had 70 million shares on issue and 28 shareholders. The top 10 shareholders hold 87.8% of all shares on issue.
FOR THE BENEFIT OF SHAREHOLDERS
EXECUTIVE AND SENIOR MANAGEMENT
Highly capable in earth sciences, research, exploration, mine planning, development and corporate acumen.
Executive and senior management include personnel who have lived or worked in the Cloncurry area for a combined 45 years and possess proven capabilities in innovative exploration targeting resource characterisation and mineral development.
Thought leaders in mineral system characterisation and exploration, being able to identify exciting opportunities that to date have not been recognised despite the Mt Isa region being heralded for its mineral riches, highly capable in mine planning and development and with the corporate acumen to deliver value outcomes to shareholders through pragmatic response to regional opportunities.
Transition’s executive team are committed to an ongoing positive contribution to the local community, environment and economy, and collectively are well balanced through a unique and strategic blend of capabilities.
Managing Director, Founder and Chairman
David is a successful exploration and mining executive with 14 years’ experience in the Cloncurry region of Queensland Australia and prior executive roles in multiple industries over more than thirty years.
Recent senior roles include steering exploration, discovery, resource definition and mine planning at the large‐scale Rocklands copper‐cobalt‐gold project, from discovery to first production (11‐yrs).
Previously, David was a self‐funded professional investor specialising in Australian resources sector (8‐yrs), prior to which he was Managing Director and Principal Designer at Axiom, an industry leading architectural design and presentation studio (15‐yrs).
David is a highly skilled explorer (40‐yrs concurrently) with a pragmatic focus on merging modern exploration methods with traditional prospecting. Through the application of innovation and lateral thinking David has made several discoveries in the Cloncurry region of Queensland Australia including the recent new world first greenfields discovery of the Highway Au‐W‐REE+Y‐Co‐Sc mineral system.
Dr Andrew Stocky
Corporate Governance and Health
Dr Andrew Stocky MBBS, MPM, FRANZCP is a psychiatrist with extensive clinical, governance and entrepreneurial experience and brings a unique balance to Transition.
A graduate of the Australian Institute of Company Directors (AICD) course, he is a board member of the not-for-profit Fit2Drive Foundation. Dr Stocky also co-founded a medical data joint venture with one of the “Big 4” professional services firms.
Dr Andrew Stocky heads corporate governance matters, provides critical guidance and support to Transition’s Board and Managing Director, and brings a unique balance to Transition’s strategic and operational functions.
Prof Ken Collerson
Research and Development
Emeritus Professor Ken Collerson (BSc. Hons.) PhD, FAusIMM has degrees from the University of New England and Adelaide University (Ph.D.) in Australia.
A thought leader and lateral thinker with in depth knowledge of the geology and mineral systems in Queensland’s North West mineral province. High‐level technical knowledge provides a scientific basis for predictive mineral system exploration.
Professor Collerson established an international career in academia at Memorial University of Newfoundland, Canada; the Research School of Earth Sciences at the Australian National University (ANU), Australia; the University of Regina, Canada; and the University of California Santa Cruz, USA.
From 1992 until 2010, as Head of Earth Sciences at the University of Queensland in Australia, he restructured the Department and established a world class isotope and trace element geochemical facility. Professor Collerson now works as a Mineral Exploration Consultant.
Professor Collerson is an authority on REE and technology metal mineralisation, shoshonite-hosted epithermal Au-Ag (PGM) systems and application of biogeochemistry to define exploration targets.
Professor Collerson is a Competent Person to JORC 2012 Guidelines and heads Transition’s Research and Development Programmes.
Scott is a Geologist (B.Sc., P.Geo.) with the PGO of Ontario, Canada.
He is specialised in mineral exploration from greenfield to near-mine and has underground and open pit experience. He is skilled in drill project management, compliant technical reporting, a variety of mapping and 3D GIS software, and is a proficient cartographer.
A varied career gives Scott excellent operational grounding. From the early 1980s he gained significant experience in exploration, mining and geotechnical disciplines in locations including Canada, South Africa, Botswana, China, Colombia, and Australia. Separately he developed a strong technical and mechanical background which stems from positions in telecommunications, electro-mechanical and electronic design, repair and maintenance, as well as working as a geophysical technician.
SUSTAINABLE BUSINESS MODEL
A focus on self-funding activity
Transition anticipates its combined exploration, development and progressive rehabilitation model would provide an economically viable and sustainable approach to its regional exploration presence, particularly in the West Project (Duck Creek) Tenement area, and in so doing would achieve:
- ongoing (fully funded) exploration activity;
- efficient (shared) use of regional infrastructure; and
- improved environmental amenity through progressive rehabilitation of historically disturbed and currently contaminated sites.
Transition is owned by private interests and issues shares to raise the required funding to meet its operational and expenditure obligations. It was also recently successful in being awarded a Queensland government grant through the Collaborative Exploration Initiative. The near-term goal is to generate funds from its planned development operations (subject to approvals) and through the monetisation of one or several of its prospects and recent discoveries.