Kirkland Lake Names New CFO, Exploration Leader
Kirkland LakeGold Ltd. (TSX, NYSE: KL; ASX: KLA) announces that David Soares is the newchief financial officer and Eric Kallio is senior vice president for exploration.Both appointments are effective immediately. The company also lists a number ofinternal management changes. Soares has 15 years of finance and managementexperience, reflecting progressively senior leadership roles with multinationalmining companies, including Xstrata, Glencore and Barrick. Prior to joiningKirkland Lake, he was CFO of Baffinland Iron Mines Corp., a joint venturebetween Arcelor Mittal and Nunavut Iron Ore. Kallio is a geologist with over 30years of experience working on exploration and underground and open-pit mineplanning, scoping and feasibility studies in Canada and elsewhere. Mostrecently, he was vice president of exploration (Timmins) for Tahoe ResourcesInc.
By Allen Sykoraof Kitco News; asykora@kitco.com
Superior GoldAnnounces High-Grade Mineralization
Monday November 19, 2018 08:28
Superior Gold Inc. (TSXV: SGI) says it has discovered high-grade goldmineralization at its Plutonic Gold Mine in Western Australia. The drilling wasconducted from May to October. Results include 67 intersections encounteringmore than 5 grams per tonne of gold; 38 intersections encountering more than 10grams; 15 intersections with more than 20 grams; six intersections of more than50 grams; and numerous historic intersections up to 300 meters outside ofresource with up to 17.35 grams over one meter. Chris Bradbrook, president andchief executive officer of Superior Gold, says that “we are achieving the goalof our exploration program as they indicate the potential to expand reservesand resources, which will ultimately support a longer mine life and our goal ofmaximizing grade.” The company will be releasing additional results for otherzones. “Our goal is to provide an updated reserve and resource estimate in thefirst quarter of 2019 using drill results to the end of 2018,” Bradbrook adds.
By Allen SykoraFor Kitco News
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asykora@kitco.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication. |