Bronco Resources Corp. (TSX-V: BRON) has announced a leadership transition, 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 change comes as the company focuses on its flagship Placer Mountain Gold Project in Princeton, British Columbia, aiming to capitalize on historically strong gold prices.
Rishy-Maharaj brings 14 years of experience in mining and mineral exploration, with stints at the Highland Valley Copper Mine and leadership roles in remote greenfield and brownfield projects across British Columbia, Yukon, and Ontario. His technical expertise spans copper porphyry and gold exploration, and he is known for a disciplined, results-focused approach. “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 also announced the grant of 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. This aligns with Bronco’s stock option plan and aims to incentivize key personnel as the company pursues its exploration goals.
Bronco’s current focus is on disciplined capital deployment at the Placer Mountain Gold Project, held in a joint venture (88% Bronco, 12% Universal Copper Ltd.). The project is located in the historic mining district of Princeton, BC, and the company intends to leverage current gold market conditions to advance shareholder value. The board, seasoned in mineral exploration with international experience, provides strategic oversight.
The CEO transition and option grant signal Bronco’s commitment to executing a targeted exploration program. With Rishy-Maharaj’s operational background and Stewart’s continued board presence, the company aims to maintain momentum while navigating the cyclical mining sector. For more details, visit Bronco’s website at https://www.broncoresources.com.
