Peninsula Mines appoints Jon Dugdale as Managing Director

Published at Feb 7, 2017, in Small Caps

Peninsula Mines (ASX:PSM) has restructured its board with a view to rightsizing it in line with restrained remuneration. The group has an active exploration program ahead of it in 2017 which the board has recently signed off on.

Jon Dugdale takes over the role of Managing Director. He brings 30 years of mining industry experience to the group, including a 20 year track record of exploration discovery with WMC and MPI Mines, as well as 10 years of corporate experience in Australia and the Asian region as an analyst/investment manager with Lion Selection.

Peninsula Mines is looking to develop prospects in South Korea across the graphite, lithium, gold-silver and zinc-silver-polymetallic metals. Initiatives earmarked in 2017 include drilling at a number of prospects and potentially establishing resource definitions.

The company is still in its early stages and investors should seek professional financial advice if considering this stock for their portfolio.

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