Classic Minerals Appoints Industry Stalwart Klaus Eckhof

THE BOURSE WHISPERER: Classic Minerals (ASX: CLZ) has welcomed Klaus Eckhof as a Corporate and Technical Advisor, effective immediately.

Classic Minerals said Eckhof will be advising the company on its Forrestania gold project generally with particular focus on its Kat Gap project.

Eckhof brings to the plate a wealth of experience having worked as a geologist for over 25 years developing mineral deposits around the globe, including Africa.

Eckhof’s chronology of employment is impressive, including time with Mount Edon Gold Mines Ltd as Business Development Manager before it was acquired by Canadian mining company Teck.

In 1994, he founded Spinifex Gold and Lafayette Mining, both of which developed gold and base metal deposits.

In late 2003, he founded Moto Goldmines, which acquired the Moto gold project in the Democratic Republic of the Congo (DRC) where he ran a team that delineated more than 20 million ounces of gold and delivered a feasibility study within four years from the commencement of exploration.

Moto Goldmines was subsequently acquired by Randgold Resources, who poured first gold in September 2013.

Eckhof was also formerly Executive Chairman of AVZ Minerals (ASX: AVZ), a mineral exploration company focused on developing the Manono project, located in the south of the DRC.

The Manono project boasts the largest JORC Measured and Indicated lithium hard rock resource globally.

Still in the DRC and Eckhof was instrumental in identifying the Bisie tin deposit, one of the largest tin deposits in the world, which was acquired by TSX-V listed Alphamin Resources Corp.

Classic Minerals said Eckhof’s appointment adds technical and international fund-raising expertise to the company as it seeks to expand its exploration programs at Forrestania and on the Kat Gap project in particular.

Eckhof will be responsible for marketing the company and its projects throughout North America and Europe.

“I am delighted that Klaus has accepted to join Classic Minerals as a trusted and capable advisor who brings a new and exciting vision to the Board and Management of Classic as Dean (Goodwin CEO) progresses with extensional drilling at Kat Gap,” Classic Minerals chairman John Lester said in the company’s announcement to the Australian Securities Exchange.

“We are privileged that Klaus with his integrity, dynamism and international network has agreed to guide, direct and enhance the vision of Classic Minerals Limited.”