Company Overview

Incorporated in November 2013, Andes Resources Limited (Andes) is an unlisted public company focused on the discovery of economic gold and base metal projects in Colombia suitable for underground mining development.

All of Andes’ current activity is via Andes Holding (Andes JV), a joint venture managed by Andes Resources in which the Company holds a 90% interest.  The highly prospective Andes porphyry gold and copper Project is located within Colombia’s Middle Cauca porphyry gold belt and the Choco porphyry copper belt.

The Andes project tenure covers 80,617 ha (806 km²), of cohesive tenements. Approximately 40 Moz Au (65 Moz Aueq) has been discovered within a 30 km radius of the Andes Project.

Andes’ Directors hold ~25.1% of shares on issue with Sandfire Resources NL (ASX:SFR), a ~A$1.4B mid-tier copper producer, holding 19.5% and BHC holding 18%. Other substantial shareholders include IFM (4.9%), a Fund Manager with $100B FUM and Treadstone Partners (2.6%).

Andes is backed by an experienced in-country team who have established strong relationships with government, community and other companies active in Colombia. It has one of the most comprehensive GIS geological databases of Colombia and is well placed to leverage its position and reputation to explore and develop world-class projects and deliver significant value to its shareholders.

The Company has a country office in Medellin, the Antioquia state capital and a permanent exploration base near Santa Rita in the Andes region. Almost all employees of the Company live in Antioquia.

Board of Directors & Management

Mr Ross Ashton, B.Sc

Non-Executive Chairman

Mr Ashton has over 50 years experience as a geologist specialising in mineral exploration and development internationally. He was founding Managing Director of Red Back Mining Limited a company subsequently acquired by Kinross Gold Corporation for US$7.2 billion in 2010. He was also a director of TSX/ASX listed PMI Gold Ltd and ASX listed Brockman Resources Ltd. Both companies were involved in corporate transactions following the discovery of significant mineral resources. Previously founding Chairman of ASX listed Marindi Metals.

Mr Jason Stirbinskis, B.Sc, MBA

Managing Director

Originally a Geologist, Mr Jason Stirbinskis has become a Corporate Executive with 10+ years experience leading both private and public companies in the mining and mining services space. Jason has held CEO/MD roles at ASX listed – Drake Resources, Philips River Mining and Central Asia Resources. He is experienced across a number of commodities including gold, zinc, lead, copper, and nickel and has managed projects ranging from greenfield to DFS/Development in West Africa, Scandinavia, Australia and Central Asia. He is well networked across international and Australian capital markets and skilled in leading multidisciplinary, often international teams.
Jason has also held senior roles in engineering/metallurgical consultancies and in the banking and finance industry. In addition to his Geology degree, Jason holds an MBA, is an AICD graduate, a member of AusIMM and has held the post of Honorary Consul of Kazakhstan in Western Australia for the last 8 years. He was the General Manager of the 2006 Telstra Small Business of the Year (Australia wide) and in 2007 was identified as one of the top 40 business people under 40 in Western Australia.

Mr Phil Price, BAppSc

Non-Executive Director

Mr Price has over 30 years’ experience in the Australasian minerals industry in consulting, operational and leadership positions. This includes 18 years at BHP Billiton Iron Ore (Western Australia) in roles as Port Operations Manager, General Manager Port & Rail Development and Vice President Integrated Planning, and was a member of the Iron Ore Executive Leadership Team. Mr Price also has more than ten years’ experience in gold and base metal processing in roles spanning plant commissioning, operations management and metallurgical support, working in Australia, PNG, Malaysia and Indonesia. He is a director and partner of private companies providing commercial audio visual, security and nurse call design and installation services.

Ms Julia Beckett

Joint Company Secretary

Ms Beckett is a corporate governance professional, having worked in corporate administration and compliance for the past 12 years. She has been involved in business acquisitions, mergers, initial public offerings, reverse takeovers, capital raisings as well as statutory and financial reporting. Julia holds a Certificate in Governance Practice and Administration and is an Affiliated Member of the Governance Institute of Australia.

Ms Beckett is currently Company Secretary of European Metals Holdings Limited, Drake Resources Limited, Calidus Resources Limited and is Joint Company Secretary of Andes Resources Limited and Doriemus Plc. Ms Beckett has also served as non-executive director and company secretary on a number of ASX listed and non-listed companies and is a Director of Everest Corporate Pty Ltd.

Mr Simon Brown, BAppSc

Executive Director

Mr Brown is an exploration and GIS geologist with over 20 years of gold, base metals and manganese experience in Australia, Asia, Ghana and Colombia. This includes nine years as Managing Director of internationally recognised geological consultancy, GeoViz Pty Ltd, which specialises in providing visualisation, animations and GIS consultancy services to over 400 global mining, petroleum and engineering companies including BHP Billiton, Rio Tinto, Ivanhoe, SKM and Woodside Petroleum. Mr Brown was a founding director and the Colombian Country/Exploration Manager for West Rock Resources Ltd (which was acquired by ASX Listed Pacifico Minerals Ltd), establishing the Colombian exploration programs and target generation in Colombia and Asia/Australia for the Cliff Resources Alliance. He was the founding MD of Andes Resources and has lived in Colombia since 2011.

Mr Stephen Belben, BAcc, BCom, CA

Non-Executive Director

Mr Belben has been an executive and non-executive director of a number of public and private companies over the past 21 years, before which he was a senior partner at Ernst & Young (EY) specialising in corporate and assurance work. Whilst at EY he was appointed the national partner responsible for the firms Mineral and Energy Industry Group. Most recently he was the founding shareholder and director of Xceed Resources Ltd that identified and advanced a coal project in South Africa, which was the subject of a successful takeover bid from a JSE listed Company. He is currently the Non-Executive Chairman of ASX listed Tech Mpire Ltd.

Mr Stuart Moller, Ba (Geology), Ms (Geology)

Non-Executive Director

Mr Moller has 40 years’ experience as a geologist with a focus on Latin America where he has held senior roles with Barrick Gold, Continental Gold and Andes’ JV partner, BHC.  Mr Moller has direct experience with the geology of the region in which Andes is active having lead previous exploration campaigns in the region.  He is the author of several papers including a paper focussed on high grade gold discoveries in the Buritica District of Antioquia which hosts Continental Gold’s Buritica discovery. Mr Moller is currently a Consulting Geologist and a Director of LLave Oro, a private Canadian company exploring for gold and copper in Colombia.

Ms Jessamyn Lyons

Joint Company Secretary

Ms Lyons is a Chartered Secretary with 15 years’ experience working in the stockbroking and banking industries. She is an Associate of the Governance Institute of Australia having recently completed her Graduate Diploma studies in Applied Corporate Governance and she holds a Bachelor of Commerce from the University of Western Australia with majors in Investment Finance, Corporate Finance and Marketing. Over the past 15 years Jessamyn has held various positions with Macquarie Bank, UBS Investment Bank (London) and more recently Patersons Securities.

Ms Lyons is currently Company Secretary of Ardiden Limited and Southern Hemisphere Mining Limited and Joint Company Secretary of Andes Resources Limited. Ms Lyons is also a Director of Everest Corporate Pty Ltd.

Company Structure

Andes Resources company structure

Corporate Governance

Andes Resources has adopted a Corporate Governance Plan. In carrying out the responsibilities and powers set out in the Corporate Governance Plan, the board of directors of the Company (the Board):

(a) recognises its overriding responsibility to act honestly, fairly, diligently and in accordance with the law in serving the interests of its shareholders; and

(b) recognises its duties and responsibilities to its employees, customers and the community.

Click here to download the Corporate Governance Plan.

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