Who are we?
David is a Director and Chief Executive Officer. David is a mining engineer and has significant experience in multi commodity (gold, coal, iron, uranium) mineral prospecting, and for the last 20 years in the diamond industry has led the development of a number of mines from concept to full production. He has held senior management positions (Director, COO and CEO) of companies listed on international stock exchanges (TSX, AIM) and is well known in the venture capital markets of Toronto, London and Australia.
Dr. Anthony Turton
Anthony is a Director. He has experience in the water sector, with a solid track record in leadership positions in a number of international professional bodies (Executive Director of the International Water Resources Association; past Deputy Governor of the World Water Council and Professor at the University of Free State). He also has experience in managing research and technology development teams, as well as strategic forecasting.
TouchStone Resources (Pty) Ltd is engaged in developing New Energy and New Water resources in the Southern African Development Community (SADC) area and beyond.
In terms of managing risk in order to deliver optimal shareholder value we have two distinct areas of interest, each with their own risk profile and potential returns. These are:
The creation of New Water at three different levels of scale:
Big Water is about strategic storage in a region with high evaporatrive losses that limit the utility of dams. Our focus is thus on alternative storage in groundwater aquifer systems, or in old mine voids. This generates New Water by reducing the existing massive losses to evaporation.
Medium Water is about treating effluent, either from sewage works or from Acid Mine Drainage (AMD) effluent streams, and rendering this water suitable for industrial purposes. .
Small Water is about bringing affordable and safe water treatment processes to the individual consumer, where service delivery is failing or is under stress.
The creation of New Energy at two different levels of scale:
Big Energy is exploring for active geothermal energy sources in the SADC Region. The Geothermal process uses the earth as a source of energy and involves a number of different technologies such as binary, flash steam and hot water.
Small Energy is about the introduction of passive geothermal technologies into the SADC region. These technologies rely on energy as a flux and uses the earth as a sink. The re-use of this stored energy makes the use of existing electricity far more efficient.
The TouchStone Resources business model is an attractive combination of exploration for New Energy sources with its high reward; and an income generating potential in the optimisation of water care products and services by developing New Water. The business model provides a blend of risk strategies that offer shareholders a balanced return on investment with the blue sky potential of a significant geothermal source discovery.