Caerus Mineral Resources appoints Chris Lambert as Executive Chairman alongside Russell Thompson and Dominic Traynor joining as Non-Executive Directors

– UK, London –  Caerus Mineral Resources (LON: CMRS), the exploration and resource development company focused on developing copper-gold mineral resources today announced the appointment of Chris Lambert as Executive Chairman, alongside Russell Thompson and Dominic Traynor who joined the Board as Non-Executive Directors.

Charles Long, CEO said: ” I am delighted to welcome my new colleagues as Caerus enters the next phase in its development and close alliance with EV Metals Group following the announcement of their transformational deal with Johnson Matthey. Caerus now has a new strategic role to play in helping EV Metals Group to develop specific aspects of its newly acquired Battery Technology, Manufacturing and Distribution businesses. This will take place alongside our existing copper mine development agreements with Bezant Resources as a joint venture partner and Jubilee Metals Group as a potential future JV partner”.

Brian Rowbotham and Richard Hawken are stepping down from their roles of non-Executive Chairman and non-Executive Director respectively.

Chris Lambert has a background in financial services and commodity trading in London and has extensive experience in non-Executive and Executive Chairman roles for public companies and asset identification and acquisition in the natural resources sector.

Russell is the Finance Director of EV Metals Group and Dominic is an Alternate Director and Joint Company Secretary. Both have long and successful careers in companies or consultancies engaged with mining and exploration and will support the Company in its quest for new business acquisitions in Europe.

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.

For more information: https://caerusmineralresources.com/

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