Phoenix Metals Appoints Campbell as CEO, Keeps Founder on Board

Phoenix Metals Corp. has replaced its interim chief executive. Nicholas Campbell takes over as CEO effective immediately, succeeding Jeff Stibbard who served in the role since an unspecified date. Stibbard, a co-founder of the Vancouver-based copper-gold explorer, will remain a director and retain technical oversight of exploration and development programs.

The move introduces a capital-markets and business-development background to a company that is still in the exploration stage. Campbell most recently led Mayfair Gold Corp. where the board credited him with leaving the assets in a strong position for continued development. His prior roles include Vice President of Capital Markets at Artemis Gold Inc. and Executive Vice President of Business Development at SilverCrest Metals Inc.

What the CEO Swap Changes for Phoenix's Cu/Au Project

The appointment adds a CEO whose resume focuses on financing and stakeholder communication. Campbell described Phoenix as "one of the best projects I have seen, period," in prepared remarks. Chairman Chris Lodder said the board wanted "the energy and strategic mindset" Campbell demonstrated at Mayfair.

Phoenix holds Cu/Au (copper-gold) targets in southeastern British Columbia, a jurisdiction with known geological potential and permitting hurdles. The company has not disclosed specific resource estimates or production timelines. Its value hinges on the market's expectation that the new CEO can secure financing, advance drilling, and navigate regulatory and community requirements.

Stibbard's Continued Role Limits Knowledge-Loss Risk

Stibbard will provide "lead technical oversight" as a director. That structure reduces the risk of a disruptive departure that often accompanies a CEO change at a junior miner. The technical team retains its founder, while Campbell focuses on external strategy. For investors, this split lowers the probability of a sharp pivot away from the existing exploration thesis.

Next Catalysts: Exploration Plans and Capital Needs

The press release does not specify a new exploration plan, drilling schedule, or financing target. Campbell will likely outline his priorities in his first weeks. The key markers for Phoenix over the next 60–90 days include:

• Exploration program updates – any drilling plans, geophysical results, or target prioritisation
• Permitting milestones – progress on permits for work in BC
• Capital raise – a private placement or strategic investment to extend the runway
• Investor outreach – roadshows or presentations targeting institutional interest