DATE: Thursday 28th April 2011 at 5.30 pm
VENUE: Rugby Club, Crane Place, Sydney
SPEAKER: Rimas Kairaitis – YTC Resources
TOPIC: “The Hera & Nymagee Mineral System”
A significant Cobar style ore system developing
Recently developments at the Hera and Nymagee deposits in Central NSW show exciting extensions to the known ore systems with high grades.
A major exploration program and feasibility study are currently underway.
Rimas Kairaitis is a geologist with over 16 years experience in minerals exploration and resource development in gold, base metals and industrial minerals in Queensland and NSW, working with companies including Shell Minerals, Plutonic Resources, and CRA. Mr Kairaitis has held the position of Chief Executive Officer for YTC Resources Limited since May 2007 and he is also a Director.
Mr Kairaitis has extensive experience in tenement acquisition, exploration project management and mining feasibility as well as experience in capital raisings and corporate management.
He was a founding Director of the successful mineral exploration company LFB Resources NL (now a subsidiary of Alkane Exploration Ltd). Since 1999 he has worked as a geological consultant. Mr Kairaitis has a strong exploration track record, being closely involved with the discovery of the Wyoming Gold deposit in NSW in 2001 and the McPhillamy’s Gold Deposit in 2006.
Rimas was a founding Director of YTC Resources which listed on the ASX in May 2007.
He graduated with a Bachelor of Applied Science (Geology) with first class Honours and University Medal in 1992 from the University of Technology, Sydney. He is also a member of the Australian Institute of Mining and Metallurgy.