Bronco Resources Announces CEO Transition and Strategic Focus on Placer Mountain Gold Project
February 2nd, 2026 3:47 PM
By: Newsworthy Staff
Bronco Resources Corp. has appointed Dev Rishy-Maharaj as CEO to lead the company's disciplined exploration approach at the Placer Mountain Gold Project, capitalizing on strong gold prices to advance shareholder value.

Bronco Resources Corp. has announced the appointment of Dev Rishy-Maharaj as Chief Executive Officer and Director, effective immediately. Mr. Rishy-Maharaj succeeds Corbin Stewart, who will continue serving as a Director of the Company. This leadership transition occurs as the company positions itself to leverage favorable market conditions in the gold sector.
Mr. Rishy-Maharaj brings 14 years of experience in mining and mineral exploration operations, with work spanning British Columbia, Yukon, and Ontario. His background includes experience at the Highland Valley Copper Mine and leadership at remote greenfield and brownfield exploration projects. He has technical expertise across copper porphyry and gold exploration programs, along with a track record of disciplined, results-focused execution.
"I'm excited to lead Bronco at a time when strong gold prices present a compelling opportunity," said Dev Rishy-Maharaj, CEO of Bronco Resources. "The Company is well positioned to apply a methodical exploration approach as we advance our flagship Placer Mountain Gold Project." The company's strategic focus remains on this project, with an emphasis on disciplined capital deployment and leveraging the current historic strength in gold prices to advance shareholder value.
The Company further advises it has granted an aggregate of 825,000 stock options to directors, officers, and consultants at an exercise price of $0.06 for a period of five years, subject to TSX Venture Exchange approval, in accordance with the Company's stock option plan. This move aligns with the company's growth strategy and leadership transition.
Mr. Stewart's continued involvement as a director provides continuity as the Company enters its next phase of growth. The leadership change represents a strategic shift toward maximizing the potential of the Placer Mountain Gold Project during a period of favorable gold market conditions. For additional information, visit Bronco's website at https://www.broncoresources.com.
The announcement comes with standard forward-looking statements cautioning that actual results may differ from expectations due to various factors including commodity price fluctuations, exploration uncertainties, regulatory approvals, and general economic conditions. The company emphasizes that readers should not place undue reliance on forward-looking statements as there can be no assurances that plans, intentions or expectations will occur.
Source Statement
This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,
