Avidian Gold appoints Polson CEO
2018-03-19 14:29 ET – News Release
Mr. Dino Titaro reports
AVIDIAN RESTRUCTURES MANAGEMENT TO CAPITALIZE ON EXPERIENCE OF DIRECTORS AND OFFICERS
Avidian Gold Corp. has conducted the following internal management restructuring to capitalize on the strengths and experience of directors and officers that are currently active in the corporation. The appointments focus on optimizing technical and financial strengths as well as increasing the corporation’s profile in both the domestic and international markets.
Effective March 20, 2018, James Polson, currently a director of the corporation, has been appointed as the chief executive officer. Mr. Polson is an MBA graduate of the University of Western Ontario, Richard Ivey School of Business, and studied mechanical and mechatronic engineering at both the University of Tasmania and Deakin University in Australia. Prior to his current posting, he was chief executive officer of a Hong Kong-based construction and mining services company and co-founder of AIDD Group. AIDD went on to become the leading international mining service group in the northeast and central Asian regions, offering a broad range of services from basic exploration drilling through to contract mining and HSE training and certification services. Mr. Polson, who resides in Hong Kong, will greatly enhance Avidian’s exposure to the far east and European markets as well as bring additional strength to the marketing, strategic vision and sustainability practices of the corporation.
Dino Titaro, who resides in Toronto and is currently a director, will remain as president and continue to oversee the corporate and technical aspects of the corporation. Mr. Titaro is a geologist with an MSc degree in economic geology from the University of Western Ontario and has over 35 years of international experience in the mining and exploration sector as well as corporate public company experience. He is co-discoverer of two gold deposits; a European gold-copper deposit that contains a measured-plus-indicated resource of 7.1 million ounces of gold and 1.4 billion pounds of copper, that is in the permitting stage, and a one-million-ounce gold deposit in Brazil that is currently in production. He is a qualified person as defined by National Instrument 43-101 and is registered as a PGeo in Ontario. He currently sits on the board of directors of Yamana Gold Inc., a publicly listed Toronto Stock Exchange mining company as well as two private resource exploration/development companies.
Avidian also wishes to announce that David Anderson, currently a director, has been appointed as chairman of the board. Mr. Anderson has over 40 years of experience in the exploration industry and was a founding shareholder of Quantec Geoscienes Ltd., QGX Ltd., a junior exploration company focused on mineral exploration in Mongolia, and Antares Minerals Inc., a junior exploration company focused on Argentina and Peru. Both QGX and Antares were sold to major mining companies after successfully discovering economic mineral deposits.
Giulio Bonifacio remains as a director. Mr. Bonifacio has over 30 years of experience in senior executive roles in the mining industry. Mr. Bonifacio is the founder and director of Nevada Copper. Mr. Bonifacio was the president and chief executive officer of Nevada Copper from 2006 to February, 2018. Among his many accomplishments, Mr. Bonifacio has raised directly over $600-million through equity and project debt financings for projects of merit as well as being involved in corporate transactions aggregating in excess of $1-billion. Mr. Bonifacio has led efforts at every stage of development from exploration, development, permitting and construction. Mr. Bonifacio is a chartered professional accountant with extensive experience and knowledge of operations, capital markets, project finance, and mergers and acquisitions. Mr. Bonifacio has held previous senior executive roles with Getty Resources Ltd., TOTAL Energold Corp., an energy and gold producer, and Vengold Inc., a gold producer, prior to founding Nevada Copper in 2005.
Victor Bradley continues as a director and interim chief financial officer until a replacement CFO is appointed. Mr. Bradley is a chartered accountant with more than 50 years of experience in the mining industry. Over the past 30 years, Mr. Bradley has founded, financed and operated several mining and advanced-stage exploration and development companies, including Yamana Gold Inc., Aura Minerals Inc. and Nevoro Inc. (sold to Starfield Resources). He now serves as a director of Osisko Gold Royalties Ltd.
About Avidian Gold Corp.
The corporation is an exploration and development company whose primary business interest is in four advanced gold properties located in the United States: the Golden Zone and Amanita properties, situated in south-central Alaska, and the Jungo and Dome Hill properties, located in Nevada, each held 100 per cent by the corporation. Avidian also holds a 100-per-cent interest in the Strickland massive sulphide property located in Newfoundland, Canada.
Further detailed information on the Golden Zone project can be found in the technical report dated Aug. 17, 2017, prepared by Leon McGarry, BSc, PGeo, and Ian D. Trinder, MSc, PGeo, that has been posted on SEDAR.
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