Matsa Resources Ltd. has revitalised its board, bringing in additional geoscience, mine developer and commercial experience to the company as it fast tracks the development of its Lake Carey gold project in Western Australia.
The board restructuring marks another step for Matsa as it shifts to a majority non-executive board structure. The changes are designed to establish more robust technical and governance foundations as it develops the potential multi-million-ounce Lake Carey.
Under the leadership refresh, industry veterans Graham Ascough, Robert Ryan, and Leonard Lau have been appointed as Non-Executive Directors.
Ryan, a seasoned mining engineer, brings substantial Western Australian gold operational and contract mining experience.
Ascough, a prominent geophysicist with a successful corporate discovery track record, will help steer exploration leadership.
Lau, a corporate development and investor relations executive, brings decades of resources-sector commercial analysis and transaction experience to the table.
Concurrently, Paul Poli will remain as Executive Chairman to oversee the build-out of the management team. Executive Director Pascal Blampain has resigned from the board but will continue to remain as part of Matsa’s geological management team.
The board renewal follows recent senior staff expansions across the company’s exploration, mining, geology, and finance departments. Matsa has also engaged two highly experienced industry specialists, Karen De Luca and Mark Cossom, as consultants to support technical operations.
Executive Chairman Paul Poli said: “This board renewal gives Matsa a board built for the next phase at Lake Carey.
“We have spent the past year putting the pieces in place — production at Devon, a strengthened balance sheet, commencement of a significant drilling program through an expanded geology team and a clear exploration strategy centred on Fortitude North.
“The move to a majority non-executive board reflects the standard of governance our shareholders should expect as the company grows.”
Matsa’s primary focus remains on executing staged drilling programs throughout 2026 and 2027 to expand the existing 949,000-ounce gold resource base at Lake Carey.