Business
NioGold appoints Simon Ridgeway to its Advisory Board
NioGold appoints Simon Ridgeway to its Advisory Board
About this update from Radius Gold Inc.
[{"type":"text","content":"\nNioGold appoints Simon Ridgeway to its Advisory Board\n\n\n Mar. 30, 2010 (TheNewswire.ca) -- Vancouver, BC - March 30, 2010 - NioGold Mining Corporation (TSXV:NOX) (TSX-V: NOX, Frankfurt: NG1, OTC: NOXGF) is very pleased to announce the appointment of Simon Ridgeway to the Company's newly created advisory board.Mr. Ridgeway is an accomplished mine developer with over 30 years of experience in the mining industry. He is a co-founder of the Gold Group, a stable of mining and exploration companies with its head office in Vancouver, Canada and presently holds the positions of President of Radius Gold Inc. (OTCBB:RDUFF) (TSXV:RDU) and Chairman of both Fortuna Silver Mines Inc. (TSX:FVI) and Focus Ventures Ltd. (TSXV:FCV) During the 1990s, Mr. Ridgeway and his team successfully discovered and sold two gold deposits in Honduras and Guatemala, both of which were subsequently put into production by Glamis Gold, now Goldcorp. (TSX:G''G) (NYSE:GG) (TSX:G) Over the last ten years, his list of successes has grown and the companies now under his management offer investors a range of opportunities from grass roots exploration (Radius Gold), through advanced stage definition drilling (Focus Ventures) to production and cash flow (Fortuna Silver Mines) in a wide range of commodities. Since 2003, his group has raised over CAD $300 million on the European and North American capital markets. Most recently, Fortuna Silver Mines closed a $35 million bought deal financing to fund the development of a new silver mine in Oaxaca, Mexico.Mr. Michael Iverson, Chairman and CEO of NioGold, commented: \"We are extremely pleased to welcome Mr. Ridgeway to our advisory board. Mr. Ridgeway will provide NioGold's management with advice in strategic and corporate business development. His expertise will be of great assistance as the Company advances its flagship Malartic gold project in Quebec\".NioGoldMining Corporation - « On Canada's Golden Highway »NioGold Mining Corporation is a mineral exploration company focused on GOLD. The Company's flagship projects are located in the Cadillac - Malartic - Val-d'Or stretch of the prolific Abitibi gold mining district, Quebec. The Cadillac - Malartic - Val-d'Or area has produced over 45M ounces of gold since the 1930's and presently encompasses eight producing gold mines and a major mine development project (C...