{australien_flagge}Lithium explorer Spey Resources Corp (CSE: SPEY; OTC: SPEYF; FRA: 2JS) has appointed Australian lithium expert Phillip Thomas as chief executive officer, effective October 3, 2022. Phillip Thomas is considered a lithium specialist with considerable experience in salar exploration, including dren hydrology and lithium resource estimation. In addition, Thomas is an expert in chemical production techniques.
{australien_flagge}Lithium explorer Spey Resources Corp (CSE: SPEY; OTC: SPEYF; FRA: 2JS) has appointed Australian lithium expert Phillip Thomas as chief executive officer, effective October 3, 2022. Phillip Thomas is considered a lithium specialist with considerable experience in salar exploration, including dren hydrology and lithium resource estimation. In addition, Thomas is an expert in chemical production techniques.
Mr. Thomas is the co-founder of Ekosolve(TM), a direct solvent exchange lithium extraction technology that enables producers to extract lithium from high magnesium content brines at a significantly higher recovery and lower cost than most other technologies. the Spey has licensed the EkosolveTM technology. Ekosolve(TM) Limited is currently developing a blueprint for a 20-ton lithium carbonate mini-plant in partnership with Spey Resources.
Thomas has over 30 years of experience in the capital markets as an investment banker focused on mining with Macquarie Bank and ABN-Amro. Mr. Thomas is Non-Executive Chairman of copper producer Austral Resources Australia Ltd (ASX: AR1). Thomas holds a Master of Business Marketing with Distinction from Monash University, a Bachelor of Science (Geology) and a qualification in Finance. He is a member of the Australian Institute of Geoscientists, a Fellow of the Australasian Institute of Mining and Metallurgy (“AusIMM”) and a Certified Mineral Valuer and past Chairman of the Australasian Institute of Mineral Valuers and Appraisers. Mr. Thomas completed a postgraduate course in geophysics and geochemistry at the University of Adelaide and holds the JORC code from AusIMM.
Thomas has been involved in two Salar projects in Argentina which have since been successfully sold. In 2003, Thomas and his team at Admiralty Resources explored and constructed a lithium carbonate extraction process and plant at Rincon Salar, Argentina, which was recently sold to Rio Tinto by Rincon Lithium for $825 million. In 2009, Thomas, as CEO of Lithea Inc. explored and prepared a resource estimate for the Pozuelos Salar, which was sold to Ganfeng that year for US$962 million. In addition, Ganfeng owns the concession adjacent to Spey’s Candella II, also within the Incahuasi salar. Thomas has also conducted geophysical studies and drilling in the Salinas Grandes, Pocitos, Incahuasi, Vilama and Guayatayoc salars, all located in Argentina.
Thomas will be in Argentina this month to begin work on the Spey’s Candella II and Pocitos projects.
Thomas commented, “I am pleased to join the Company as CEO. The Company’s recent drill results at Candela II in Incahuasi are encouraging, and I also look forward to proving the EkoSolve(TM) direct lithium extraction process in the field.”
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