Bronco Resources Corp. (TSX-V:BRON) has announced a leadership change, appointing Dev Rishy-Maharaj as Chief Executive Officer and Director, effective immediately. He succeeds Corbin Stewart, who will remain on the board as a Director. The transition marks a strategic move as the company sharpens its focus on the Placer Mountain Gold Project in Princeton, British Columbia.
Rishy-Maharaj brings 14 years of experience in mining and mineral exploration operations, with work spanning British Columbia, Yukon, and Ontario. His background includes experience at the Highland Valley Copper Mine and leadership at remote greenfield and brownfield exploration projects. He has technical expertise across copper porphyry and gold exploration programs, with a track record of disciplined execution.
“I’m excited to lead Bronco at a time when strong gold prices present a compelling opportunity,” said Rishy-Maharaj. “The Company is well positioned to apply a methodical exploration approach as we advance our flagship Placer Mountain Gold Project.” The company views current gold prices as historically strong, providing a favorable environment for advancing shareholder value.
Stewart’s continued involvement as a director ensures continuity as the company enters its next phase of growth. The board has also granted 825,000 stock options to directors, officers, and consultants at an exercise price of $0.06 for five years, subject to TSX Venture Exchange approval, under the company’s stock option plan.
Bronco Resources is actively focused on the Placer Mountain Gold Project, held via an 88%/12% joint venture with Universal Copper Ltd. The company emphasizes disciplined capital deployment and leveraging current gold prices to advance exploration. For more details, visit Bronco’s website at https://www.broncoresources.com.
The appointment of a seasoned CEO with extensive field experience signals Bronco’s commitment to methodical exploration and operational discipline. This leadership change is expected to drive the company’s strategy amid favorable commodity markets, positioning it for potential growth in the gold sector.
