President, CEO & Director at Arizona Sonoran Copper Company
George Ogilvie, has over 32 years of management, operating and technical experience in the mining industry. Mr. Ogilvie was until most recently the President & CEO of Battle North, a position he was appointed to, in 2016 whilst the company was under financial insolvency & restructuring proceedings. During his 5 year tenure at Battle North, Mr. Ogilvie and his team successfully completed a turnaround of the company resulting in an increase in the resource base from 400 k ounces Au to approximately 1.3 million oz Au, completion of a positive bulk mining reconciliation program resulting in de-risking of the project, delivery of a preliminary economic assessment and follow on feasibility study in relation to the project with a post-tax IRR of 50% and completion debt and equity financing of over C$100m associated with project construction. Battle North was acquired by Evolution Mining Limited in May 2021 at a 45% premium to the prevailing spot price. Prior to this, Mr. Ogilvie was the CEO of Kirkland Lake Gold Inc. where he and his team implemented a turnaround strategy which included, amongst other items, improving operations at the Macassa Mine and the acquisition of St. Andrew Goldfields, resulting in significant returns for shareholders. Previously, Mr. Ogilvie was the CEO of Rambler Metals and Mining PLC, where he and his team guided the evolution of the company from grassroots exploration to a profitable junior producer. Mr. Ogilvie began his mining career in 1989 with AngloGold in South Africa and he subsequently held other roles at the Ruttan Mine in Northern Manitoba for HudBay Minerals Inc., the McCreedy West Mine and also as Area Manager for Dynatec Corporation. Currently, Mr. Ogilvie also serves on the board of Rupert Resources Ltd.
Mr. Ogilvie received his B.Sc. (Hons.) in Mining and Petroleum Engineering from Strathclyde University in Glasgow, Scotland. He is a Professional Engineer and also holds his Mine Managers Certificate (South Africa).
Replay transcript excerpt
Speaker 1: Hello everyone and welcome to Arizona Sonoran Copper Company's live summit today hosted by 6. I'm pleased to introduce our speaker for today, President, CEO and Director George Ogilvie. The team is gonna walk us through their latest news and after we're gonna be accepting questions live. So as a reminder, please submit your questions on the Q&A panel on the right hand side of your screen at any point during today's presentation. Speaker 1: And as always, this event is being recorded and is gonna be available on demand on six.com in the coming days. Speaker 1: Without further ado, George, I'd like to pass things over to you so we can get started. Speaker 2: Great, thank you, Cam, and Speaker 2: welcome everyone. I'd like to wish everyone a happy new year and a successful 2023. Speaker 2: The purpose of the webinar today is really just to walk everyone through our high level plans for 2023. Speaker 2: There will be a Q&A session at the end. Speaker 2: We do make some forward looking statements within the presentation. Speaker 2: So I'll draw your attention to the cautionary language. Speaker 2: This presentation is live on our website. Speaker 2: So please review the forward-looking statements at your own Speaker 2: leisure. Speaker 2: We entered the year with a 10-year statute, fully diluted 99. The options and warrants are in the money. Speaker 2: And I'm happy to say that 1 of our accomplishments Speaker 2: last year was cleaning up the balance sheet and we're now debt free. The company started 2023 Speaker 2: with 20 million Speaker 2: US dollars cash in the bank. Speaker 2: Late last year, we saw Industrial Alliance Speaker 2: pick up Speaker 2: analyst coverage of the company, Speaker 2: taking our total coverage to 6. Speaker 2: Target price range fro...
