DACIAN GOLD
Mount Morgans near Laverton in Western Australia has been a renowned centre for gold production since ore was first discovered there in 1896 . Named after Alfred Edward Morgans , a Welsh investor who first developed the productive open pit Westralia mine , it had produced a million ounces of gold by 2011 , by which time it was pretty much mined out , and in April that year the company that owned it threw in the towel . By happy coincidence it was in the same year that Avoca Resources merged with Anatolia to form Alacer Gold , which now focuses its attention on the goldfields of Turkey . Avoca was a successful enterprise that started as a junior exploration company and grew via an IPO to become a leading gold producer on the ASX .
Following the merger and an 11-year journey Avoca ’ s CEO Rohan Williams says he felt ready for some time out , but that was
Rohan Williams
Executive Chairman
Mr Williams is the founding director of Dacian Gold Ltd overseeing the $ 8M acquisition of the Mt Morgans Gold Project prior to the Company ’ s $ 20M exploration IPO in late 2012 . He initially served as the Company ’ s Non-Executive Chairman , but became its Executive Chairman in early 2014 . Since this time the Company has grown to a $ 400M market capitalisation and is presently focussed on the construction of the 200Kozpa Mt Morgans Gold Project ahead of initial gold production in March 2018 .
Prior to Dacian Gold , Mr Williams was the founding CEO and Managing Director of Avoca Resources Ltd , and led that company from its $ 7 million exploration IPO in 2002 until its merger with Anatolia Minerals in 2011 to form Alacer Gold Corp , which valued Avoca at $ 1 billion . At the time of the merger , Avoca Resources Ltd was the third largest ASX listed Australian gold producer .
Mr Williams also serves on the Board of the Telethon Kids Institute .