Ardea Resources Ltd (ASX: ARL) Share Price and News

Mr Penkethman has Appointed as Managing Director 5 February 2020 following his appointment as Chief Executive Officer on 1 April 2019. Andrew Penkethman is in a resources sector with over 25 years experience in the resources industry. His technical skills include project evaluation, exploration, discovery, resource development, feasibility study management, permitting, stake holder engagement and mine development across open pit and underground operations within Australia and overseas. Commodities experience includes battery minerals, base metals, gold and energy commodities over a range of geological settings. Mr Penkethman's technical expertise is complimented by over 15 years in executive roles with a corporate focus including strategic partner processes, joint venture management, financial modelling, and project acquisition and divestment. Mr Penkethman has ASX, AIM and TSX equity markets experience. From 2021, Mr Penkethman is a non-executive Director of Kalgoorlie Gold Mining Limited (16 November 2021 to present)

Mr Longworth has over 35 years experience across exploration, project evaluation/development, operations and corporate management. He previously held roles as Exploration Manager, COO and CEO/Managing Director with Australian listed companies, and Mining Consultant with Xtract Mining consultants. In his senior corporate roles, Mathew led multidisciplinary project evaluation and development teams. Mr Longworth is a member of the Australasian Institute of Mining and Metallurgy. Mr Longworth has experience of the key Ardea exploration and development projects, being the Kalgoorlie Nickel Project (KNP). Mr Longworth joined Heron Resources in 2003 as Exploration Manager rising to Managing Director in 2007 to 2011. Mr Longworth applied his intimate knowledge of the Eastern Goldfields geology to the KNP to collaborate with Vale Inco in their 2005 to 2009 KNP feasibility study. He is currently Chairman of the unlisted Company Greenfields Exploration Limited, Non-Executive Director at Asra Minerals Ltd, Chair of Northam Resources Limited, and was formerly non-executive Chairman of ASX listed Metalicity Limited (from 1 July 2019 to 18 May 2021) . Mr Longworth has no other public company directorships.

Mr Buchhorn is a Mineral Economist and Geologist with over 40 years experience. He was the founding Managing Director of Heron Resources Limited for a period of 11 years until early 2007 and returned to that role briefly prior to his resignation as an Executive Director in June 2017. Mr Buchhorn previously worked with a number of international mining companies and has worked on nickel, bauxite and industrial mineral mining and exploration, gold and base metal project generation and corporate evaluations. For the last 30 years Mr Buchhorn has acquired and developed mining projects throughout the Eastern Goldfields of Western Australian and has operated as a Registered Mine Manager. From 2019, Mr Buchhorn had been a non-executive Director of Godolphin Resources Limited (19 June 2019 to 9 June 2023).

Ms Arnason is a senior executive in the natural resources sector with companies including BHP Billiton, Wesfarmers Energy and CITIC Pacific Mining and has worked across commodities including gold, copper, iron ore, coal and mineral sands from exploration and full production environments. Ms Arnason is a non-executive director of Gold Road Resources Limited, an ASX200 company, where she is Chair of the Risk and ESG Committee and serves on the Australian Securities and Investments Commission (ASIC) Corporate Governance Consultative Panel. A Co-Founder and Director of Energy Access Services, which operates an independent WA-focused digital trading platform for wholesale gas buyers and sellers, Ms Arnason is also Chair of Juniper. In her executive career, Ms Arnason was a member of divisional leadership teams for several ASX-listed companies with businesses and services located globally.

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