Rick Van Nieuwenhuyse, President & CEO of Contango ORE, and Darwin Green, President & CEO of HighGold, provide commentary on the announcement of the acquisition of HighGold Mining. A Q&A session follows their remarks.
Mr. Van Nieuwenhuyse was appointed to serve as President, Chief Executive Officer, and director of the Company effective January 6, 2020. He previously served as President and Chief Executive Officer of Trilogy Metals Inc. from January 2012 until December 2019. Between May 1999 and January of 2012, he served as the President and Chief Executive Officer of NOVAGOLD, Inc, a company that he founded. He served as the Vice President of Exploration for Placer Dome from 1990 to 1997. Mr. Van Nieuwenhuyse holds a Candidature degree in Science from Université de Louvain, Belgium and a Master of Science degree in Geology from the University of Arizona. Mr. Van Nieuwenhuyse currently serves on the board of directors of Alexco Resource Corp. He served on the board of directors of Sandfire Resources America, Inc. (formerly, Tintina Resources Inc.) from 2008 until 2016. Mr. Van Nieuwenhuyse has over forty years of experience in the minerals mining industry and brings significant industry and technical knowledge to the Company.
Founder of HighGold Mining, Darwin Green has over 20 years of experience in the mineral deposit industry in USA, Canada and Latin America, with vast knowledge and a successful history in Alaska. He has a proven record of identifying opportunities, making discoveries and executing complex advanced exploration. His corporate credentials include involvement in multiple public financings and corporate transactions, negotiating option and joint venture agreements, and developing business opportunities.
Most recently, Mr. Green served as Vice President, Exploration for Constantine Metal Resources advancing the Alaska Palmer zinc/copper deposit to the Preliminary Economic Assessment stage. Prior to that, Mr. Green oversaw resource expansion and underground development programs at the Niblack deposit on Prince of Wales Island, for which he received the Commissioner’s Award for Project Excellence by the State of Alaska. Mr. Green drives the strategy, oversees the exploration processes and leads the business development and corporation marketing for HighGold. Mr. Green holds both a B.Sc. and an M.Sc. in economic geology.
Replay transcript excerpt
Good morning, good afternoon, good evening, depending on where in the world you're signing in from today. It looked like international audience. So thanks everyone for joining us. Today We've got a very exciting event. Gene Rick Van Nuenhuyzen, president and CEO of Contango War, and Darwin Green, president and CEO of Highgold. Gentlemen, welcome. Thanks for joining me today. Great to be here. Thank you, 6, for hosting this conference. We're, I think we're both excited, and I think you know Darwin, you know me from Contango. So appreciate everybody joining us today and to talk about our recent proposal to acquire Highgold and their exciting Johnson Creek project. Of course, we will be making forward-looking statements to draw your attention to our cautionary language here. And just want to start out by talking about Moncho just quickly. We continue to mine ore at Moncho and stockpile it and transport it to the Fort Knox mill. Last I checked, there was over 100,000t of ore stockpiled there and about 15,000t coming every week. So We're still scheduled for production in the second half of the year, but I think we're shooting for first Gold pour in July. That forms the backdrop because that will generate cash flow and allow us to advance not only more exploration at Moncho, but Lucky Shot. And our hope is to do the same with the JT prospect project on High Gold. But obviously, we've got to get the transaction closed. So with that, you know, we now have a platform to have 3 mines in Alaska, looking at the prospect of having 3 mines in Alaska. Monchaux, very near-term production. Our Lucky Shot project, we've talked about, a wash, rinse, repeat of Mon Chaud, except we own 100% of that 1. And now Johnson Track. And they're all high quality projects, all in Alaska, which we, ...