Newmarket Gold (NGN-V) has appointed Raymond Threlkeld as chairman of the board effective immediately. Douglas Forster, president and chief executive officer, stated: "On behalf of the Newmarket board of directors, I am delighted to welcome Mr. Threlkeld to the Newmarket team as chairman. Ray has a proven track record in the gold sector in project development, construction and mine operations. During his tenure as vice-president, project development, with Barrick Gold Corp., Ray was responsible for placing more than 30 million ounces of gold resources into production. His knowledge and experience in project development and mine operations will be a great asset to Newmarket as we execute on our strategy for growth."
Mr. Threlkeld is a seasoned mining professional with more than 32 years of experience in mineral exploration, mine operations and construction, and executive management. Most recently Mr. Threlkeld was president and chief executive officer of Rainy River Resources, which was developing the 4.0-million-ounce Rainy River gold deposit in Ontario. New Gold purchased Rainy River for $310-million in 2013. From 2006 to 2009, Mr. Threlkeld led the team, along with Randall Oliphant, that acquired, developed and put into operation the Mesquite gold mine in California, with Western Goldfields subsequently being purchased by New Gold for $314-million in 2009. From 1996 to 2004, Mr. Threlkeld held a variety of senior executive positions with Barrick Gold, rising to the position of vice-president, project development. During Mr. Threlkeld's tenure at Barrick, he was responsible for placing more than 30 million ounces of gold resources into production in Africa, South America and Australia. Among his accomplishments were the Pierina mine in Peru, Bulyanhulu mine in Tanzania, Veladero mine in Argentina, Lagunas Norte mine in Peru and the Cowel mine in Australia. Mr. Threlkeld holds a BSc degree in geology from the University of Nevada.
News Release March 17, 2013 |
