Kalamazoo Resources has appointed mining veteran Andrew McDougall as CEO to lead its flagship Ashburton Gold Project through critical feasibility stages and drive broader portfolio growth.
- Andrew McDougall appointed CEO effective 4 May 2026
- Brings 25+ years global mining leadership experience
- Focus on advancing Ashburton Gold Project Pre-Feasibility Study
- Supports growth across Victorian and Western Australian assets
- Remuneration includes $350,000 salary plus 3 million options
A Strategic Leadership Shift
Kalamazoo Resources Limited (ASX: KZR) has announced the appointment of Andrew McDougall as its new Chief Executive Officer, effective 4 May 2026. McDougall arrives with a formidable track record spanning over 25 years in the mining sector, having held senior roles at Westgold Resources, Anglo American, AngloGold Ashanti, and Rio Tinto. His appointment signals Kalamazoo’s intent to sharpen its operational focus and technical execution as it advances the Ashburton Gold Project (AGP) and its broader portfolio.
Strengthening the Ashburton Gold Project
The Ashburton Gold Project, with a substantial 1.44 million ounce resource base, is at a pivotal stage moving through its Pre-Feasibility Study (PFS) towards Bankable Feasibility. McDougall’s expertise in asset strategy, life-of-mine optimisation, and feasibility study leadership is expected to enhance the rigour and confidence of these studies. Kalamazoo’s Executive Chairman Luke Reinehr emphasised that McDougall’s technical depth and disciplined approach will be instrumental in realising the project’s full potential and operational readiness.
Broader Growth and Exploration Ambitions
Beyond Ashburton, McDougall will oversee the advancement of Kalamazoo’s Victorian gold–antimony projects and Western Australian exploration assets. These include the Mallina West and Snake Well North projects in WA, as well as Castlemaine, Tarnagulla, Myrtle, Mt Piper, and South Muckleford in Victoria. His experience in resource development and mine planning is expected to bolster technical oversight and support disciplined growth across this diverse portfolio, which holds significant promise for long-term value creation.
Terms Reflect Confidence and Incentive
McDougall’s remuneration package includes a base salary of $350,000 per annum plus statutory superannuation, alongside 3 million unlisted options exercisable at $0.275 within three years. This structure aligns his incentives with shareholder value creation and underscores the company’s commitment to attracting top-tier leadership to execute its growth strategy.
Looking Ahead
As Kalamazoo embarks on this new chapter under McDougall’s leadership, the market will be watching closely for progress on the Ashburton feasibility studies and exploration results from its Victorian and Western Australian projects. The appointment marks a clear step towards disciplined growth and operational excellence, positioning Kalamazoo to unlock value from its substantial mineral resources.
Bottom Line?
McDougall’s arrival sets the stage for Kalamazoo’s next phase of growth, with feasibility milestones and exploration outcomes now in sharper focus.
Questions in the middle?
- How will McDougall’s leadership impact the timeline and outcomes of the Ashburton Gold Project feasibility studies?
- What exploration results can investors expect from Kalamazoo’s Victorian and Western Australian projects under the new CEO?
- Will the company’s capital allocation strategy shift to support accelerated project development?