AuMEGA Metals Strengthens Board with Appointment of James Withall
AuMEGA Metals (OTCQB: AUMMF) has appointed James Withall as Non-Executive Director, effective August 1, 2025. Withall, former CEO of Rupert Resources, brings extensive mining sector experience from his roles as a geologist, portfolio manager at BakerSteel, and most recently as CEO of Rupert Resources, where he led the company to achieve a market valuation of nearly CAD $1 billion.
Under Withall's leadership, Rupert Resources transformed from a small-cap explorer into a significant multi-million-ounce discovery. His expertise in exploring regions with considerable overburden will be valuable as AuMEGA's fourth Non-Executive Director. The company benefits from strategic backing from B2Gold and several major global funds.
AuMEGA Metals (OTCQB: AUMMF) ha nominato James Withall come Direttore Non Esecutivo, con effetto dal 1° agosto 2025. Withall, ex CEO di Rupert Resources, porta con sé una vasta esperienza nel settore minerario, avendo ricoperto ruoli di geologo, gestore di portafoglio presso BakerSteel e, più recentemente, CEO di Rupert Resources, dove ha guidato l'azienda a raggiungere una valutazione di mercato di quasi 1 miliardo di CAD.
Sotto la guida di Withall, Rupert Resources si è trasformata da un piccolo esploratore a una scoperta significativa di diversi milioni di once. La sua esperienza nell'esplorazione di aree con notevoli coperture geologiche sarà preziosa come quarto Direttore Non Esecutivo di AuMEGA. La società beneficia inoltre del supporto strategico di B2Gold e di diversi importanti fondi globali.
AuMEGA Metals (OTCQB: AUMMF) ha designado a James Withall como Director No Ejecutivo, con efecto a partir del 1 de agosto de 2025. Withall, ex CEO de Rupert Resources, aporta una amplia experiencia en el sector minero, habiendo desempeñado funciones como geólogo, gestor de cartera en BakerSteel y, más recientemente, CEO de Rupert Resources, donde lideró la empresa para alcanzar una valoración de mercado de casi 1.000 millones de CAD.
Bajo el liderazgo de Withall, Rupert Resources pasó de ser un explorador de pequeña capitalización a un descubrimiento significativo de varios millones de onzas. Su experiencia en la exploración de regiones con gran cobertura superficial será valiosa como el cuarto Director No Ejecutivo de AuMEGA. La compañía también cuenta con el respaldo estratégico de B2Gold y varios fondos globales importantes.
AuMEGA Metals (OTCQB: AUMMF)는 2025년 8월 1일부로 James Withall을 비상임 이사로 임명했습니다. Withall은 Rupert Resources의 전 CEO로서, 지질학자, BakerSteel의 포트폴리오 매니저, 그리고 최근에는 Rupert Resources의 CEO로서 광산업 분야에서 폭넓은 경험을 보유하고 있으며, 회사가 거의 10억 캐나다 달러의 시장 가치를 달성하는 데 기여했습니다.
Withall의 리더십 아래 Rupert Resources는 소규모 탐사 기업에서 수백만 온스 규모의 주요 발견 기업으로 성장했습니다. 그는 두꺼운 표토가 있는 지역 탐사에 대한 전문 지식을 바탕으로 AuMEGA의 네 번째 비상임 이사로서 큰 도움이 될 것입니다. 회사는 또한 B2Gold과 여러 주요 글로벌 펀드의 전략적 지원을 받고 있습니다.
AuMEGA Metals (OTCQB: AUMMF) a nommé James Withall en tant que Directeur Non-Exécutif, à compter du 1er août 2025. Withall, ancien PDG de Rupert Resources, apporte une vaste expérience dans le secteur minier, ayant occupé les postes de géologue, gestionnaire de portefeuille chez BakerSteel, et plus récemment PDG de Rupert Resources, où il a conduit l'entreprise à atteindre une valorisation boursière de près de 1 milliard de dollars canadiens.
Sous la direction de Withall, Rupert Resources est passée d'une petite société d'exploration à une découverte majeure de plusieurs millions d'onces. Son expertise dans l'exploration de régions avec une couverture importante sera précieuse en tant que quatrième Directeur Non-Exécutif d'AuMEGA. La société bénéficie également du soutien stratégique de B2Gold et de plusieurs grands fonds mondiaux.
AuMEGA Metals (OTCQB: AUMMF) hat James Withall zum nicht geschäftsführenden Direktor ernannt, wirksam ab dem 1. August 2025. Withall, ehemaliger CEO von Rupert Resources, bringt umfangreiche Erfahrungen im Bergbausektor mit, nachdem er als Geologe, Portfoliomanager bei BakerSteel und zuletzt als CEO von Rupert Resources tätig war, wo er das Unternehmen zu einer Marktbewertung von fast 1 Milliarde CAD führte.
Unter Withalls Führung entwickelte sich Rupert Resources von einem Small-Cap-Explorer zu einer bedeutenden Entdeckung mit mehreren Millionen Unzen. Seine Expertise in der Exploration von Gebieten mit erheblicher Deckschicht wird als vierter nicht geschäftsführender Direktor bei AuMEGA wertvoll sein. Das Unternehmen profitiert zudem von der strategischen Unterstützung durch B2Gold und mehrere große globale Fonds.
- Appointment of experienced leader James Withall who led Rupert Resources to CAD $1B valuation
- Strategic backing from B2Gold and major global funds provides strong financial support
- Addition strengthens board expertise in exploring regions with considerable overburden
- None.
Edmonton, Alberta--(Newsfile Corp. - July 16, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce the appointment of Mr James Withall as a Non-Executive Director, effective 1 August 2025. Mr. Withall was formerly Chief Executive Officer of Rupert Resources Ltd. (TSX: RUP). Mr. Withall will serve as the Company's fourth Non-Executive Director.
AuMEGA Metal's Chair of the Board of Directors, Justin Osborne commented:
"We are delighted to welcome James to the Board of AuMEGA Metals. He brings deep and diverse experience across the mining sector - from his early work as a geologist in Western Australia, to his role as a portfolio manager at BakerSteel in London, and most recently as Chief Executive Officer of Rupert Resources. Under his leadership, Rupert transformed from a small-cap explorer with a mature resource into a multi-million-ounce discovery story, achieving a market valuation approaching CAD
With the scale of our business and the early-stage nature of the work we have been doing, James' experience particularly from exploring in regions with considerable overburden, will serve the business well. On behalf of the Board, I welcome James and look forward to his contributions as we enter our next phase of growth."
Incoming Non-Executive Director, James Withall stated:
"I'm excited to join what I believe is one of the most compelling opportunities in the junior exploration space. AuMEGA is led by a talented and disciplined team that continues to make smart, well-timed decisions - an approach that closely mirrors what we pursued at Rupert Resources. The Board includes highly respected directors who have created meaningful shareholder value throughout their careers.
The Company's strong backing from B2Gold and several major global funds gives AuMEGA a uniquely supportive and strategic ownership structure for a company at this stage. I look forward to contributing to its continued success."
About Mr James Withall
Mr Withall brings nearly thirty years of international experience in mining, exploration, and natural resource investing. From 2017 to 2024, he served as Chief Executive Officer of Rupert Resources, where he led the discovery and advancement of the Ikkari gold project in northern Finland - a multi-million-ounce project. Prior to that, he spent thirteen years as Managing Partner and Fund Manager at BakerSteel Capital Managers, a multi-award-winning natural resources investment specialist. Earlier in his career, Mr Withall worked as a geological consultant and held operational roles with Xstrata AG (now Glencore) and a number of junior companies in Western Australia.
He holds a degree in Applied Geology from Leicester University and a Masters in Mineral Project Appraisal from Imperial College London, both in the United Kingdom.
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This announcement has been authorised for release by the Company's Board of Directors.
To learn more about the Company, please visit www.aumegametals.com, or contact:
Sam Pazuki, Managing Director & CEO
About the Company
AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) is utilising best-in-class exploration to explore on its district scale land package that spans 105 kilometres along the Cape Ray Shear Zone, a significant under-explored geological feature recognised as Newfoundland, Canada's largest identified gold structure. This zone currently hosts Equinox Gold's Valentine Gold Project, which is the region's largest gold deposit (+5 million ounces), along with AuMEGA's expanding Mineral Resource.
The Company is supported by a diverse shareholder registry of prominent global institutional investors, and strategic investment from B2Gold Corp, a leading, multi-million-ounce a year gold producer.
Additionally, AuMEGA holds a twenty-seven kilometre stretch of the highly prospective Hermitage Flexure and has also secured an Option Agreement for the Blue Cove Copper Project in southeastern Newfoundland, which exhibits strong potential for gold, copper and other base metals.
AuMEGA's Cape Ray Shear Zone hosts several dozen high potential targets along with its existing defined gold mineral resource of 6.1 million tonnes of ore grading an average of 2.25 g/t, totaling 450,000 ounces of indicated resources, and 3.4 million tonnes of ore grading an average of 1.44 g/t, totaling 160,000 ounces in inferred resources1.
AuMEGA acknowledges the financial support of the Junior Exploration Assistance Program, Department of Industry, Energy and Technology, Provincial Government of Newfoundland and Labrador, Canada.
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1 News release dated 30 May 2023
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258986
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