Business
Magellan Gold Corporation Appoints Senior Mining Executive as President and CEO
Magellan Gold Corporation Appoints Senior Mining Executive as President and CEO.
About this update from Magellan Copper And Gold Corp.
[{"type":"text","content":"\n\n\n\nMagellan Gold Corporation Appoints Senior Mining Executive as President and CEO\n\n\n\n\n\nMagellan Gold Corporation Appoints Senior Mining Executive as President and CEO\nFocus to be on the Company's Silver District Property and on new mineral opportunities\nPR Newswire\nRENO, Nevada, June 2, 2016\n\n\n\nRENO, Nevada, June 2, 2016 /PRNewswire/ --\n\nMagellan Gold Corporation (OTCBB: MAGE) (\"Magellan\" or \"the Company\") is pleased to announce the appointment of W. Pierce Carson, PhD, as President and Chief Executive Officer and a member of the Board of Directors. Previously Dr. Carson was President of Gulf & Western Industries, Inc., the Company's 85% owned minerals subsidiary. Dr. Carson is an unusually well-qualified mining executive who has managed the discovery, financing, development and operation of mining properties internationally and domestically in an accomplished career spanning over forty years. Among the companies he has worked for are Exxon Minerals Company, Kennecott Copper Corporation, Nord Pacific Limited and Santa Fe Gold Corporation. Dr. Carson holds a PhD in Economic and Structural Geology and an MS in Ore Deposits from Stanford University, and a Bachelor's Degree in Geology from Princeton University.\n\nThe Company has entered into a one-year Employment Agreement with Dr. Carson to secure his services.\n\nMr. John C. Power, formerly President of Magellan, will continue in the roles of Chief Financial Officer and Director. Mr. Power commented, \"We are delighted to welcome Pierce and are fortunate to have the benefit of his vast experience in finding and developing new mines, especially at this critical time in the strategic growth of our Company.\"\n\nDr. Carson said, \"Magellan's Silver District Project represents a significant economic opportunity for the Company and its stockholders. As CEO, my initial focus will be on advancing the Silver District property through the exploration stage and toward development and production. We also will be assessing new mineral opportunities with a view to acquiring additional properties, in particular quality advanced stage projects or properties with potential for early production.\"\n\nAbout the Silver District Project, La Paz Co., Arizona \n\n\nThe Silver District Project in southwest Arizona is an advanced exploration stage project showing promis...