Sipa Resources Limited announced the appointment of experienced resource company executive, Mr. Andrew Muir as Managing Director, effective 12 October 2023. Mr. Muir will succeed Mr. Pip Darvall who is stepping down after leading the Company for the last four years. Mr. Muir is a highly regarded mining executive with approximately 30 years' experience in the mining and finance industries, originally graduating as a geologist in 1993. Andrew has a strong background in gold exploration and geology, coupled with deep project evaluation and corporate experience. He joins Sipa after roles as Managing Director at NTM Gold Ltd. where he was responsible for significant exploration success prior to the takeover of NTM by Dacian Gold Limited and most
recently at Caprice Resources Limited. Mr. Muir is an experienced geologist with time spent across both exploration and mining operations.
Andrew was instrumental in the discovery of the multi-million-ounce Wallaby deposit while at the Granny Smith operations, and has previously worked with Great Central Gold Mines, Placer Dome and Goldfields Limited. Prior to NTM, Mr. Muir worked at Argonaut, where he was an Associate Director with Argonaut's Corporate team. He was also a resource analyst for JP Morgan, Hartleys and PCF Capital, having won the 2009 Starmine/AFR Stockpicker of the year whilst at Hartleys. Mr. Muir holds a BSc. with Honours from UWA and is Fellow of FINSIA (F FIN). Mr. Muir will commence as Managing Director on 12 October 2023 and Mr. Darvall will continue part- time as required to facilitate a smooth management transition.