Business
NuLegacy Gold Reports Executive Changes
RENO, Nev., April 16, 2019 (GLOBE NEWSWIRE) -- NuLegacy Gold is pleased to announce the following changes to its leadership team: Mr. Alex Davidson is appointed
About this update from Nulegacy Gold Corporation
[{"type":"text","content":" RENO, Nev., April 16, 2019 (GLOBE NEWSWIRE) -- NuLegacy Gold is pleased to announce the following changes to its leadership team: Mr. Alex Davidson is appointed as Chairman of the Board. Alex is a former Executive VP of Barrick Gold. Mr. Albert Matter resumes his founding role as CEO of the Company. Mr. James Anderson is retiring as CEO of NuLegacy Gold to pursue a new career as Chairman, President and Chief Executive Officer of Vangold Mining Corp; he will continue as a Director of NuLegacy. Mr. Alan Hill, a former EVP of Barrick Gold and currently a NuLegacy Director will oversee Engineering studies/evaluations. Mr. Edward Cope will maintain his responsibility for Discovery and Evaluation. Edward was the former VP for Northern American Exploration for Barrick Gold. Mr. John Budreski will continue as Lead Independent Director and Dr. Roger Steininger co-founder of NuLegacy remains a Director and the Company’s “QP”. As founding partner, together with Dr. Roger Steininger, Mr. Matter was instrumental in assembling and acquiring the Company’s current 108 sq km Red Hill property in the famed Cortez Trend; the second largest gold trend1 in Nevada after the Carlin Trend located parallel and 40 miles to the north-east, for which these behemoth Carlin-style gold deposits are named. Initially enrolled as directors, the above three former Barrick executives are now proactive participants in NuLegacy. These gentlemen helped guide Barrick Gold’s most dramatic growth period in the late 1990’s and early 2000’s through its acquisition of Sutton Resources, Arequipa Resources, Homestake Mining, Lac Minerals and Placer-Dome, as well as the discovery of 50 million ounces of gold, and the building of four of the world’s largest gold mines. In 2017-18, with the help of these former Barrick executives, NuLegacy was able to enroll four of Barrick’s world class geo-technical team (listed below). These individuals, under Ed Cope’s direct supervision, contributed to finding that 50 million ounces of gold in the Carlin and Cortez gold trends of Nevada on behalf of Barrick over the past 15 years. NuLegacy’s Barrick Alumni Name Position with NUG Position at Barrick Period Other Alex Davidson Dir, Chairman EVP of Exploration & Corporate Development 1996-2009 Chair, Yamana Gold Ed Cope Dir, Discovery VP North American Exploration (NV) 199?-2016 n.a. Ala...