Maiden gold production from the company's flagship Gruyere mine is expected imminently.
The company is earning into four projects covering more than 5,000 square kilometres in WA’s Wheatbelt region.
Global investment management corporation BlackRock Group now holds 7.54% of the gold developer.
The global investment management corporation has accumulated a 5.46% stake through a series of on-market transactions.
The company’s primary strategic goal is discovering and developing gold mines at the Yamarna Project.
The company is developing an extensive portfolio of exploration assets in Western Australia’s “Golden Highway”.
Gibbs will succeed outgoing managing director & CEO Ian Murray.
The company expects first gold to be produced during the June quarter of 2019.