Business
American Pacific Mining Appoints Joness Lang as President
VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- American Pacific Mining Corp (CSE: USGD / OTCQX: USGDF / FWB: 1QC) (“American Pacific” or the “Co
About this update from American Pacific Mining Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- American Pacific Mining Corp (CSE: USGD / OTCQX: USGDF / FWB: 1QC) (“American Pacific” or the “Company”) is pleased to announce that it has appointed Director, Joness Lang as President of the Company, with Eric Saderholm transitioning to the role of Managing Director of Exploration. This transition will free up time and allow Mr. Saderholm to focus on project development and advancement as well as generating and evaluating new projects for the Company. “We are delighted to have Mr. Lang take on a leadership role as President of American Pacific as we continue to grow our portfolio of western US precious and base metals exploration and development projects,” commented CEO, Warwick Smith. “Joness has been an integral member of our Board of Directors for several years, and with his robust experience in the mineral resources sector, we will benefit immensely from his expertise as he takes on a more active leadership role on our team. Current President, Eric Saderholm, who has done a phenomenal job of identifying and advancing the high-quality projects in our portfolio, continues to be a key member of the team.” Joness’ appointment comes at an exciting time for the Company as partner funded project expenditures are expected to total approximately CAD $30 million for 2023, which includes a 9,000 metre drill program at the Company’s Palmer Project, which commenced last month (see June 19, 2023 news release). About Joness Lang Mr. Lang is an experienced executive leader with nearly 15 years of corporate growth strategy and capital markets experience within the natural resource sector. Mr. Lang has an established track record of securing and managing joint-venture and strategic partnerships with major mining companies. Most recently, Mr. Lang served as the Executive Vice President of Maple Gold Mines Ltd., where he played an important role in bringing Agnico Eagle in as a strategic partner, increasing institutional ownership and research coverage and leading or co-leading property acquisitions and equity financing transactions for the company. He was previously Vice President, Corporate Development with Riverside Resources Inc. where he served as a key member of the leadership group when the company generated income as a prospect generator ex...