Barra Resources Limited announced that Managing Director and Chief Executive Officer, Sean Gregory, was originally employed to drive the Mount Thirsty Joint Venture to the Pre-Feasibility Stage (PFS) for the development of the Mt Thirsty Cobalt Nickel Project. This task has now been completed to standard and the project is currently being marketed to a variety of large international companies in order to fund next stages of development. Sean's management of the PFS process has been outstanding and now, on its completion, Sean is preparing to leave the Company to pursue other career opportunities.

Sean will serve out his 3-month notice period and depart his executive role on 24 June 2020. However, Sean will remain with the Company as a Non-Executive Director where his knowledge and insight of projects will be greatly valued. Barra's long-standing Exploration Manager, Gary Harvey, will continue to oversee Barra's advanced gold portfolio located in the Eastern Goldfields.

The Company's focus will now shift to exploiting and developing the gold assets plus actively pursuing new gold business opportunities. The experienced non-executive board will oversee the corporate management responsibilities, ASX reporting and shareholder communications.