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Arizona Gold & Silver CEO Mike Stark joined Proactive to discuss the appointment of Dr Lex Lambeck as senior vice president of exploration, alongside Greg Hahn’s transition to vice chair. Stark explained that the move reflects the natural evolution of the company as its flagship Red Hills project continues to demonstrate scale and long-term potential. He highlighted Lambeck’s background, including his role at MAG Silver, which was acquired in a $2.1 billion transaction, as a key reason for the appointment. During a recent site visit, Stark said Lambeck, Hahn and himself walked the entire three-kilometre strike length of the project, of which only half has been drilled to date. According to Stark, Lambeck was quick to recognise the scale of the opportunity and asked detailed technical questions that reinforced his confidence in the appointment. Stark also noted that drilling continues at Red Hills, with Lambeck expected to play a hands-on role as exploration advances. He said recent results and visuals from hole 159 have generated strong enthusiasm internally and among shareholders.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
