Cornish Lithium Appoints Chief Financial Officer

Cornish Lithium, the pioneering mineral exploration company that is headquartered at the Tremough Innovation Centre in Penryn, is delighted to announce the appointment of Varshan Gokool as Chief Financial Officer (CFO).

Varshan joins the Cornish Lithium executive team to assist in the development of its lithium projects in Cornwall by ensuring an economically and financially robust framework as the Company moves towards the commercial production of this vital battery metal.

Varshan has more than 22 years’ experience of guiding publicly listed mining companies from project definition through to development and construction in Europe and Africa, having led up to $1.5 billion of funding transactions. He was most recently President and CEO of Euromax Resources Limited, during which time he was pivotal in leading the Ilovica-Shtuka Copper Gold Project in North Macedonia from inferred resource to Definitive Feasibility Study, implementing a financing strategy for its construction as well as managing complex permitting matters and stakeholder engagement.

Prior to this, Varshan led and implemented the financing strategy of European Goldfields Limited, a mining company headquartered in London but listed on the Toronto stock exchange, with copper, gold, lead and zinc mines in Greece and Romania.

Jeremy Wrathall, CEO & Founder of Cornish Lithium, said: “We are delighted to welcome Varshan to the executive team at Cornish Lithium and the significant financial acumen, strategy, optimisation and governance that I believe he can bring to the Company.

“We look forward to benefiting from Varshan’s wealth of financial and mining experience in the next stage of our journey towards the creation of a battery materials hub for UK industry in Cornwall.”

Varshan Gokool, CFO of Cornish Lithium, said: “I am very pleased to be joining Cornish Lithium and look forward to working alongside Jeremy and his team to build on the fantastic work that they have done over the past few years. 

“Cornwall has so much to offer, and I am truly impressed by its mining history, the level of support and appreciation that the wider community shows towards mining, combined with excellent infrastructure and local expertise and experience. I am excited to be part of Cornish Lithium’s development of an environmentally-responsible lithium extraction industry for Cornwall and the national economy as the UK transitions towards a net zero carbon future.”