CORONA RESOURCES LTD

About Us

Corona Resources Ltd is an unlisted public company with approximately 300 shareholders. Headed by a team of experienced mining professionals, Corona is a “cashed up shell” since selling its main project at Spargos Reward near Kambalda in WA in 2020 for $4m and additional conditional milestone payments of $2.5m.

Michael P Wright – Chairman Mr Wright has had over 25 years’ experience in the resource sector in a corporate and financial capacity. Whilst he was the Executive Director at Herald Resources for 20 years, he oversaw the day-to-day running of the company, closed numerous project financings, implemented successful gold hedging and forward selling programs, and managed large capital raisings to advance the Dairi Project culminating in the $580m recommended takeover of Herald Resources. Mr Wright has since been involved with a number of other junior resource companies including being the Chairman of General Mining Corporation until late 2015. Mr Wright brings to Corona keen financial and management acumen.
 
Terrence M Allen – Non-executive Director Mr Allen has been involved in management of listed ASX companies for 30 years. Mr Allen has spearheaded the discovery and/or development of several mines in Western Australia including; • Mt Percy gold mine in Kalgoorlie; • Montague gold mine near Gidgee; • Sandstone gold mines in Sandstone; • Three Mile Hill and Tindals gold mines in Coolgardie; and • Lynas Find gold mine in the Pilbara, and several significant discoveries world-wide including: • the Agh Darreh gold project in Iran; and • the Dairi lead zinc discovery in North Sumatra, Indonesia. Mr Allen managed the competitive takeover process that culminated in Herald Resources being taken over in 2008 for approximately $580m. Mr Allen brings to Corona an ability to identify, progress and exploit world class mineral assets and create wealth for shareholders. 
 
Brian J Hurley – Non-Executive Director MAusIMM Mr Hurley is a mining engineer with some 40 years’ experience in the resources sector. Mr Hurley rose through the ranks at Western Mining Corp Ltd, starting as a mining engineer and ended up holding the position of General Manager of Western Mining Corp. – Nickel Division and Senior General Manager Western Australia. Since leaving Western Mining, Brian has been a Chairman and Director of a number of junior and midcap mining companies operating in Australia and Oversees including Gascoyne Gold Mining Ltd, Defiance Gold Ltd, Sihayo Gold Ltd, Mundo Minerals Ltd, Jaguar Minerals Ltd and Herald Resources Ltd. Mr Hurley brings to Corona a wealth of managerial and operational knowledge. 
 
 
Strong team with a proven track record 
 
The Company’s Directors are a well-known group of mining executives and professionals with a strong track record of successful project generation and acquisition, mineral exploration and discovery, resource development and company leadership. The Directors have decades of experience in the resources sector. This experience provides the Company with considerable strength in project financing, negotiation, marketing and corporate governance, together with key technical exploration and development skills. The team has access to and experience with cutting-edge exploration techniques developed over decades of global multi commodity mineral exploration. The team has successful mineral discovery and development records spanning from early stage greenfields projects to complex large scale multi-operational management. These experiences have been gained globally over multiple commodity classes, with particular exposure to gold, lead and zinc.

Corporate Directory

DIRECTORS
M P Wright, B.Bus. (Chairman)
T M Allen
B J Hurley (MAusIMM)

COMPANY SECRETARY
M P Wright

SHARE REGISTRY
Automic Group
5/126 Phillip St
SYDNEY NSW 2000
Telephone: +61 2 9698 5414

AUSTRALIAN BUSINESS NUMBER
99 617 982 000

SHARE CAPITAL
44,357,943 ord. fully paid shares

MAJOR SHAREHOLDERS
Directors 58%

 

AUDITORS
Stantons International
Level 2, 1 Walker Avenue
WEST PERTH WA 6005

SOLICITORS
Gilbert & Tobin
16/ Brookfield Place Tower
Perth WA 6000

BANKERS
Westpac Banking Corporation
109 St Georges Tce
PERTH WA 6000

REGISTERED OFFICE
703 Murray St
WEST PERTH WA 6005

POSTAL ADDRESS
PO Box 183
WEST PERTH WA 6872

CONTACT US
Telephone: + 61 8 9486 4482
Email: admin@coronaresources.com.au

Annual Report

Download our 2021 Annual Report

Contact Corona Resources

Get in touch using our enquiry form and our team will contact you shortly.

TELEPHONE
+ 61 8 9486 4482

POSTAL ADDRESS
PO Box 183
WEST PERTH WA 6872