About
Mila Resources (LSE: MILA) is actively progressing the next phase of discovery in Queensland’s South-East goldfields, advancing assets with near-term exploration potential following a strategic acquisition of three large land packages from EMX Royalty. These drill-ready assets, situated in a productive mining region, offer immediate exploration upside, with the potential for significant resource expansion along strike and at depth.
In parallel, Mila’s Kathleen Valley asset in Western Australia remains a key pillar of the strategy, targeting both gold and lithium in one of the most active mining regions globally. The company’s approach—centred on aligning stakeholders, investors, and local communities—ensures that success is shared across all participants in the value chain.
With a leadership team committed to responsible resource development and technical excellence, Mila Resources is well-positioned to transform underappreciated discoveries into high-value assets, delivering long-term returns in a way that benefits all stakeholders.
The Portfolio
Mineral Potential
Queensland
Mila Resources’ Queensland portfolio includes a standout asset in the Yarrol Gold Target, a 20km geological feature situated in the heart of the South-East Goldfields of Queensland, neighbouring established producing assets.
The Yarrol target has been sporadically drill-tested, with a concentrated focus on the 2km stretch that forms part of a historic resource. Importantly, mineralization remains open along strike and down dip. Mila’s team is focused on identifying and understanding the controlling geological features, which will inform the expansion of known gold mineralization across the full length of the structure. The property is strategically well-positioned, benefiting from excellent infrastructure that will facilitate the efficient development of any discovery across the three large land packages. In addition to gold, the portfolio holds strong potential for copper and other base metals, with several high-potential targets identified for further exploration. Mila is uniquely positioned to unlock the value of this highly prospective and strategically located asset base.
Kathleen Valley
Mila Resources’ Kathleen Valley project stands at the intersection of two high-demand commodities: gold and lithium.
Situated in the heart of a proven gold-producing region in Western Australia, this project presents a unique opportunity to capitalize on both emerging and established resource markets. With a growing lithium discovery, we are positioned to leverage increasing demand for clean energy, alongside the robust growth in gold prices. The project is not only drill-ready but is already in collaboration with the Tjiwarl people, ensuring our commitment to sustainable and responsible development. Mila is focused on de-risking this asset, aiming to unlock substantial value for investors as we advance exploration and development efforts to grow both the gold and lithium resources.
Meet our team
Mila understands that unlocking the true
value of a mining asset hinges on the
strategic vision and operational excellence
of its professionals
Mark Stephenson
Chariman
Mark has over three decades of invaluable experience in
capital markets. Throughout his career, Mark has showcased
his expertise across various prominent roles at Panmure
Gordon, WestLB, Blue Oar Securities, and NCL Investments.
His focus has been particularly pronounced in the realm of
small cap mining where he has developed a deep
understanding and strategic insight into the sector.
Alastair Goodship
Chief Operating Officer
Alastair is an exploration geologist with
over 14 years’ industry experience leading discoveryfocussed exploration teams in a diverse range of
environments and jurisdictions globally. Alastair has
worked across the exploration spectrum from greenfield
and brownfield exploration to resource definition and
feasibility studies. Alastair most recently worked as a
Senior Exploration Consultant with RSCMME Ltd and
technical advisor to Trinity Metals Group
Neil Hutchison
Non-Executive Director*
Neil Hutchison is a highly experienced geologist with
over 30 years of field work in Western Australia.
Throughout his extensive career, he has made
significant contributions and a track record of
successful discoveries and resource definitions
spanning a decade. Notably, Neil played a pivotal role in
the identification and development of various
prominent sites, including the Bulchina Gold Mine,
Minotaur Gold Mine, and the Kathleen Valley Gold
Deposit.
Jonathan Evans
Non-Executive Director
Jonathan is a corporate financier and has advised the
company since the IPO and developed a detailed
understanding of the Company and its portfolio. Jonathan
qualified as a chartered accountant in 2006 at Grant
Thornton and has established a long track record of
advising mining companies on equity capital market
matters during his career.