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NEWS







                                Alex Dorsch,
                                Managing Director, Chalice Gold Mines Ltd




                                It has been a weird and wonderful year for Alex Dorsch and
                                GMJ was lucky enough to catch a breather with the Chalice
                                Gold Mines Ltd Managing Director to see how his world has
                                changed in 2020.



                     L          et me get this straight – in the first half   as a natural manager. It wasn’t until I started in
                                                                         management consulting that I realised having that
                                of 2020 you had a newborn, a major
                                                                         technical background provides a solid problem solving
                                discovery and the pandemic to juggle?
                                                                         with the ability to effectively communicate and lead.
                                AD: Indeed, I wouldn’t advise doing all of those   tool kit, which is great, but that must be complemented
                                at once! It has been quite a year so far. I have been   After spending 7-8 years on the technical side I came
                                very blessed on the family front with the arrival of our   up with the conclusion that I wanted to go up the chain
                                second child, we now have a girl and a boy, so my   but not via the traditional big corporate ladder. I didn’t
                                wife and I are very happy. To get a discovery at Julimar   like the constraints that you get in big companies. I liked
                                a couple of weeks after the birth is just completely   the entrepreneurialism and unconstrained thinking of
                    in the spotlight
                                unbelievable, and took us all by surprise so early   smaller companies.
                                into our exploration campaign. At that time, we were   When I joined Chalice, I said we needed to be ambitious
                                discussing internally our plans to scale back activities   and make a world-class discovery. It is such a privilege
                                given the pandemic. Then our very first drill hole at   to be the MD of Chalice, which has delivered on that
                                Julimar changed everything, which was made even   goal. I certainly haven’t looked back.
                                more unbelievable given we were all largely working
                                from home.                               PR: You’ve been recognised now as an emerging
                                                                         leader in the industry, what do you think of the
                                It was quite uncanny, but I guess the main learning for
                                me is that Australia is still poorly explored. If we can find   new breed of MDs?
                                a deposit like that an hour out of Perth in 2020, imagine   AD: I think the days of junior explorers being
                                what else is waiting to be uncovered around Australia.   run by a couple of grey-haired geologists out in
                                The real under cover exploration frontier is upon us and   the back shed – with no disrespect to anyone
                                this is not the end of the story by any means.   in particular – are over. The industry is getting
                                Expect the unexpected is also one of the key things I   a new guard, with new thinking, new energy and I
                                have learned, particularly in the exploration space. You   think the exploration industry really needed that. To
                                need to be ready mentally for the unexpected and can’t   get an investor to speculate they need to have trust
                                be too fixated on rigid planning; you need to be nimble,   in management’s abilities on both the technical and
                                which is one of the best qualities I think we have instilled   commercial side. They can’t just deport themselves
                                at Chalice. The team is always looking for the next   into the technical world and become geologists in
                                opportunity to create value; small investments today can   order to understand the value proposition. They need
                                deliver big returns in the long run.     to understand how that exploration play is going to turn
                                                                         into money.
                                Being a young MD, I would say having trust in my   So, it is good to see a diverse group of young leaders
                                very capable and experienced team is also key. I have   coming through the ranks particularly in small
                                globally recognised geologists, a very seasoned CFO   companies. The safety and security that a big company
                                and a great team who manage our day to day activities.   affords you is great for a young professional, but I am
                                Trusting them and backing them to deliver has been   probably the biggest advocate of taking a leap into a
                                great to watch.
                                                                         small company, it’s turned out OK for me anyway!
                                PR: Was it always your plan to become a   But you have to be comfortable taking risks – in a small
                                Managing Director?                       company there is no-one else to fall back on. You have
                                AD: I grew up quite a technical-minded   to be constantly aware of risk versus reward and I think
                                engineering type, I loved the mechanics of   if you are comfortable with risk and get the opportunity
                                how things worked, but I don’t think I started   to join a small company – take it.




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