Caerus Mineral Resources appoints Charles Long as CEO and Brian Rowbotham as Non-Executive Chairman alongside Richard Hawken joining as non-Executive Director

– UK, London –  Caerus Mineral Resources (LON: CMRS), the Cyprus-based exploration and resource development company today announced the appointment of Charles Long as CEO, succeeding Martyn Churchouse who is stepping down as CEO.

Charles Long is a mining specialist with stockbroking, management, and business development experience in the extractive industries and financial services sectors.

Concurrently, the company also announced the appointment of Brian Rowbotham as Non-Executive Chairman, effective 16 May 2022, succeeding Professor Michael Johnson who is retiring from the company.

Brian Rowbothanm has extensive Board level experience in several areas of the financial services sector including investment banking, stockbroking, fund management, and private equity.

Furthermore, Richard Hawken is joining the Board as a non-Executive Director.

Richard has a long and successful career in mining and exploration in southern Africa and will be jointly responsible for managing new business acquisitions focused on the country ‘arc’ of Namibia, Botswana, and Zambia.

About Caerus Mineral Resources

Caerus Mineral Resources is a European-focused copper-gold resource development and exploration company with a portfolio of mineral exploration licenses located in Cyprus. The Country has a well-developed infrastructure and history of mineral exploration and production, which has been dormant over the last 50 years and provides significant undiscovered value.

With investors recognizing copper as one of the cornerstone metals for the Clean Energy Transition centered upon the Electric Vehicle and Stationary Energy sectors, Caerus is working to rapidly expand its copper exploration and production objectives. The Caerus license portfolio includes 18 former mines which operated with an average head grade of approximately 2% copper.

Caerus license portfolio comprises brownfield sites, where historic mining has taken place, and greenfield licenses, where there has been no systematic exploration. The Brownfield sites and the former high-grade copper-gold mines they host are evidence of rock types and structures conducive to Volcanogenic Massive Sulphide mineralization. As VMS deposits characteristically occur in camps or clusters, it is the company’s view that its licenses are prospective for both extensions to existing or mined-out orebodies together with discoveries.

The combination of brown and greenfield exploration provides optionality and the opportunity for the company to quickly build a resource portfolio that can be developed commercially.

For more information:

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.