On the Move Newsletter | June 2021

JUNE 2021 | VOLUME 2 | ISSUE 6

ON THE MOVE

SPONSORED BY

ERIK BUCKLAND Senior Client Director Global Mining Recruitment

+1 416.854.8468 erik.buckland@lincolnstrategic.com W: www.lincolnstrategic.com M: E:

Executive, Management and Board Changes in Canada’s Mining Sector

MANAGEMENT CHANGES

TOP MOVES –pg 1 –

–pg 2 –

AWARDS & ACCOLADES –pg 2 –

BOARD ANNOUNCEMENTS –pg 3 –

TOP MOVES IN THIS ISSUE POST A JOB

Travis Naugle

Alberto Reyes

David Anonychuk

Quaterra Resources has named Travis Naugle as CEO. He is a seasoned mining executive and has led in the design, construction, and operation of mining projects in the U.S., Eurasia, Russia, and Asia.

His focus is on environmental and sustainability initiatives in collaboration with local and Indigenous peoples, negotiating international joint ventures, and securing a bilateral mining treaty between two sovereign nations.

A licenced P.Eng., Naugle received his MBA from the University of Chicago Booth School of Business and holds a degree in mining engineering from Montana Tech.

Gold Resource has named Alberto Reyes the company’s new COO. He has more than 20 years of experience in mining operations in North and Latin America, South Africa, Australia, the Philippines, Ghana and Brazil. Reyes has progressively held more senior roles in Newcrest Mining, GoldFields, Luna Gold, and most recently, was VP operations at Coeur Mining. He holds a B.Eng mining from Laurentian University and is a chartered professional mining and a qualified person with the AusIMM.

David Anonychuk is joining the SGS Natural Resources team as global VP, metallurgy and consulting. He brings 25 years of international mining and metallurgical experience as a metallurgical engineer and mineral economist.

Anonychuk has an extensive background in strategy development, operations, capital budgets, and commercial sales, and a diverse range of project experience including feasibility studies, on the ground due diligence, independent technical reviews, risk assessments, project ranking, financial and business modelling, and metallurgical test work.

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ON THE MOVE June 2021

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MANAGEMENT CHANGES » Acme Lithium has appointed William Feyerabend as its qualified person. » Nevada mining veteran Mark Bradley is the new VP of exploration at American Eagle Gold.

» Roland Phelps has retired as the president and CEO of Galantas Gold. Mario Stifano is now CEO and who will also take Phelps’ seat on the board.

Brendan Morris has been named COO, and Bret Omland has joined the board.

» As part of its strategic review, Angkor Resources has appointed Delayne Weeks as CEO, replacing Stephen Burega, who is leaving the company, and Mike Weeks as executive VP operations.

» Derek Macpherson has joined Gold79 Mines as president and CEO.

» Richard Goodwin is now president of Arcland Resources.

» Marimaca Copper president Hayden Locke will assume the role of CEO and join the board.

Petra Decher will become CFO and resign her seat on the board. The new role of COO will be filled by Luis Tondo and Laura Rich has been named general counsel and corporate secretary.

» Arianne Phosphate has made the following management changes: Jeffrey Beck as CEO and a director and Brian Ostroff as president. » Weiting (Camille) Zhou is the new CFO at C2C Gold. » Canadian Manganese has named Matthew Allas its new president and CEO. » Cory Belyk has been promoted to CEO and executive VP at CanAlaska Uranium.

Peter Dasler will continue as the company’s president.

» Liberty Gold has appointed Brian Martin as VP business development.

» Dawn Madahbee Leach, a director of Niobay Metals, has been appointed the chair of the National Indigenous Economic Development Board. » Rohan Hazelton is succeeding Don MacDonald as a director, president and CEO of NorZinc.

» Alex Heath is the new CEO and president of Ethos Gold.

Craig Roberts stepped down as CEO is now chairman.

» Ophir Gold has announced the resignation of president and director Jonathan Armes.

Additionally, VP exploration Garry Clark has stepped down and will be replaced by Darren L. Smith, who is also a director.

» First Majestic Silver has appointed Colin Bower its new VP of operations in Mexico.

» Provenance Gold has asked Fiona Fitzmaurice to act as its CFO.

» Blaine Monaghan has resigned his post as president and CEO of Fremont Gold.

» Stephen Goodman is now president of Quaterra Resources.

» EnviroGold Global has named Mark Thorpe as CEO and to the board.

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ON THE MOVE June 2021

» Sherritt International has appointed Leon Binedell president and CEO. He replaces David Pathe, who is retiring.

CEO and a director. Tamara Brown has stepped down as interim CEO but remains on the board.

» Terry Lyons will step down as interim CEO of SRHI Inc. and be succeeded by Michael Staresinic, the company’s president and CFO. Lyons will remain board chair. The board also proposes to change the company’s name to Three Valley Copper Corp.

» Tombill Mines has named Elizabeth Vida as its new exploration manager.

» Straightup Resources has named Daniel Cruz its new CFO and a director, replacing former CFO Mark Lotz. » Chris Jordaan has joined Superior Gold as president,

» Treasury Metals is pleased to appoint Clinton Swemmer to the newly created position of VP projects. » David Schummer is the new COO at Trevali Mining, effective Aug. 20. » Krysztof Napierala is now the general manager in charge of overseeing the Chilean operations of World Copper.

To send your management, board and award announcements directly to us for inclusion in the next newsletter, please email your submission to

editor@canadianminingjournal.com

AWARDS AND ACCOLADES Roy Slack, former president and current board member of Cementation Americas, has received a Canadian Institute of Mining, Metallurgy and Petroleum Fellowship Award.

He served as CIM president in 2019-20. The award honors his contributions to the CIM and the mining industry in general.

Tim Arnold¸ COO of Integra Resources has been given the University of Idaho’s Silver and Gold Award for alumni who have a distinguished record of achievement and service. He has also been given honorary membership in the American Institute of Mining, Metallurgical and Petroleum Engineers. continued on page 3

BOARD ANNOUNCEMENTS » Vincent Wong has resigned from the board of Acme Lithium. » Glennen McDowall has joined the board of Advance Gold. » At its annual meeting in June, AEX Gold will ask shareholders to approve seating Line Frederiksen and David Neuhauser as nonexecutive directors. Georgia Quenby will step down from the board. » Two new directors, Michael Smyth and Colin O’Leary, have joined the board of ArcWest Exploration. » Artemis Gold has appointed Elise Rees to its board. » BMEX Gold has elected Jeremi Fournier as a director. » Canstar Resources has named Neil Burns and James Clare to its board. Former director Patrick Reid has resigned. » Thomas Obradovich has resigned his seat on the board of Cantex Mine Development. » Denison Mines has named Ron Hochstein as chairman.

Brian Edgar was elected lead director. Also joining the board are David Neuburger and Jennifer Traub. » Edison Cobalt has named Roger Dahn and Gordon Jang to its board of directors. Jeffrey Cocks has resigned his seat. » Tom Wharton has stepped down from the board of Ely Gold Royalties. » Endeavour Mining announced the appointment of Carmen Letton to the board as an independent non-executive director.

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ON THE MOVE June 2021

» Peter Tegart and Warner Gruenwald have resigned their directorships at Finlay Minerals. Gruenwald was also the company’s VP exploration. » Frontier Lithium is mourning the passing of longtime board member John G. Kelly. » Gatling Exploration’s Peter Dickie has resigned as a director. » Dean Chambers has joined the board of Global Atomic Corp. » Vancouver’s Gold Line Resources has named Borje Alming its public relations ambassador in Sweden. » Bill Gilmour has been appointed to the board of Gold Lion Resources to fill the vacancy created by the resignation of Daniel Dente. » Gold Resource Corp. has added experienced resource executive Ron Little as a director. » David Drinkwater has joined the board of Golden Birch Resources as its chair.

Steve Balch has also joined the board. Iain Martin becomes interim president and CEO following the resignation of Alan Martin. » Huntsman Exploration has appointed Mathew O’Hara as a director of the company. » Warren Bell has been named to the board of IM Exploration. He is a corporate and securities lawyer with a focus on the mining and resource sector. » IMC International Mining has two new board members, Jason Nickel and David McAdam.

» Imperial Mining Group has made changes to its board.

Founder and chairman Donald Bubar is retiring. Peter J. Cashin, another founder, will become interim chairman.

» Stephen Kenwood has been named to the board of Optimus Gold.

» The newest board member of International Battery Metals is Tony Colletti.

» Pacific Ridge Exploration has nominated industry veteran Gary Baschuk to stand for election to the board.

» Los Andes Copper has named Corrine Boone as a non-executive director, and chair of the newly created environmental, social and governance committee. At the next AGM, Warren Gilman, chairman and CEO of Queen’s Road Capital, will stand for election to the board. » Adrian Rothwell and Paul Pint have both resigned from the board of Lucky Minerals.

Company president and CEO will become interim chairman. » Mayfair Gold has appointed Douglas Cater a director. » Millennial Precious Metals has named Sara Heston a director of the company. » Marimaca Copper has announced that Mike Haworth is transitioning from executive to non-executive chair and Colin Kinley is now lead independent director. » Douglas Hurst has accepted a seat on the board of New Found Gold. He is a founder of Newmarket Gold. » Northern Vertex Mining has welcomed Raymond Threlkeld to the board of directors. » Andrew Willis, co-founder and managing partner of the Pallinghurst Group, is nominated to the boar of Nouveau Monde Graphite.

» Osisko Development has named Marina Katusa to its board of directors.

» Marshall Farris has resigned from the board of Philippine Metals. » Wesley Thompson has become a director of Provenance Gold. » RME Holdings has named Max Wijasuriya to its board. » The new chair of Royal Road Minerals is Liz Wall. She was the company’s executive director of sustainability. Peter Mullens, a founder of the company, has stepped down. » Tom Obradovich has been named to the board of Sanatana Resources. » Terence F. Coughlan has become a director of Sassy Resources. He is also the founding CEO of GoGold Resources. » Craig Hart is the new chairman of the board at Snowline Gold. » Telson Mining has restructured its board with the addition of Natascha Kiernan, Mark Bailey, Tom Kelly as independent directors and David Rhodes as chairman.

The company announced plans to change its name to Altaley Mining. » Xplore Resources has named Micklu Datta and Sean Waller as directors.