Highfield Resources (ASX:HFR) has proposed mining executive...

Highfield Resources (ASX:HFR) has proposed mining executive Pauline Carr as an independent director subject to shareholder approval at its 2015 Annual General Meeting.

Carr has over 25 years’ commercial experience in management, corporate governance and compliance, mergers and acquisitions, investor and stakeholder relations and corporate restructures.

She is currently the founding director and a principal of Exact Consulting Pty Ltd, which provides business improvement, compliance, risk management, project management and corporate governance solutions to support executive management teams internationally.

Prior to this, Carr held senior positions with Newmont Asia Pacific (ASX:NCM) and Normandy Mining Limited.

She also worked for a number of years in the oil and gas sector with Exxon Mobil (NYSE:XOM).

Earlier this month, the company appointed Mike Norris as its chief financial officer.

Highfield wholly-owns five potash projects in Spain, which are located in the Ebro potash producing basin in the north of the country.

It recently defined an Exploration Target of 1.04 billion tonnes at 11.5% K2O for the Pintanos Project, which is interpreted as the eastern extension of its flagship Muga Potash Project in northern Spain.

This covers about 60 square kilometres and is supported by extensive drilling and geophysical exploration work.

Notably, Pintanos is potentially twice the size of Muga, which currently supports a 24 year mine at 1.1 million tonnes of potash per annum.

Drilling in the Pintanos Project area is expected to commence in the fourth quarter of this year.

Highfield had cash at bank of circa $118 million as at 30th June 2015.