Former Bannerman head Len Jubber joins Davenport Resources to advance German potash projects
Davenport Resources is on track to deliver a scoping study for its Ohmgebirge potash project by the end of the year.
Emerging potash producer Davenport Resources (ASX: DAV) has appointed Len Jubber to its board as non-executive director to replace Robert Van der Laan.
Mr Jubber’s career in mining spans more than 30 years’ where he has built a “wealth” of technical, commercial and corporate experience.
Officially a civil engineer with an MBA from the University of Cape Town, Mr Jubber was previously chief executive officer of uranium explorer Bannerman Resources (ASX: BMN) for eight years.
Other notable roles include chief executive officer of zinc and lead miner Perilya and chief operating officer of Oceana Gold (ASX: OGC).
Davenport anticipates Mr Jubber’s experience will assist the company with developing its potash assets in German which have 5.3 billion tonnes in collective resources.
“I am excited to join Davenport at the formative stage of a potential very long-life project in a first world location,” Mr Jubber said of his appointment.
Davenport chairman Ian Farmer said Mr Jubber’s “substantial industry experience” would contribute to advancing the German potash projects.
“The company is well-financed and on track to complete a scoping study for the first of our projects by the end of this calendar year, progressing this through definitive feasibility studies during 2022 and bringing it to fruition thereafter.”
“The addition of Len’s skill set to the board will be hugely complementary as we set out to deliver against our top-tier growth program,” Mr Farmer added.
Advancing German South Harz SOP projects
During the December quarter 2020, Davenport raised $10 million, which it says provides the necessary funds to complete a confirmatory drilling program at the Ohmgebirge project, within its 659sq km South Harz field in Germany.
The drilling program is designed to upgrade the current inferred resource of 325Mt at 13.14% potassium oxide for 43Mt of contained potassium oxide to indicated and measured status.
Additionally, the $10 million will also go towards completion of the scoping study for Ohmgebirge.