Klondex Secures High-Calibre Mining Executive, Brent Kristof, as COO
18 Março 2014 - 7:30AM
Marketwired
Klondex Secures High-Calibre Mining Executive, Brent Kristof, as
COO
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 18, 2014) -
Klondex Mines Ltd. (TSX:KDX)(OTCQX:KLNDF) is very pleased to
announce that Mr. Brent Kristof has accepted a position with the
company as its Chief Operating Officer, effective April 15, 2014.
Brent will lead the operations of the Company's key properties in
Nevada, ensuring that mining, safety and environmental best
practices are followed as we move into production. This new role at
Klondex further strengthens the operations-focused team to position
the company for continued growth.
Paul Huet, President and CEO stated, "Having had the opportunity
to experience Brent's leadership first hand, I am confident our
operations will be in extremely capable hands. His vast technical
and operational expertise is a key addition to the Klondex group as
we transition into a multi-project gold and silver producer. Brent
will join the executive team without missing a beat resulting from
his previous experience in Northern Nevada; specifically, Brent was
the General Manager of Midas from 2004 to 2006. Brent's addition
will allow me to focus on the continued growth and transformation
of Klondex. On behalf of the Board of Directors and Klondex, we
welcome Brent and are thrilled he is joining us as COO."
Mr. Kristof joins Klondex with over 33 years of mining
experience in technical, operations, maintenance, and leadership
roles in underground and open pit mines. Brent has spent the last
13 years in senior roles for both Newmont and Barrick serving as
Mine Manager and General Manager with Newmont Mining Corporation in
Ontario and Nevada, and Barrick Gold Corporation in Nevada,
Australia, and Papua New Guinea. Most recently, Mr. Kristof has
been General Manager at the Porgera Gold Mine in Papua New Guinea,
a complex, 500,000 ounces per year producer with 2,700 employees
and several hundred contractors.
Brent has a Bachelor of Science in Geological Engineering from
the University of Manitoba, a Business Diploma from the University
of Toronto, and is a Registered Professional Engineer in the
Province of Ontario. He has also served as Chairman of the
Minister's National Advisory to CANMET, the Canada Centre for
Mineral and Energy Technology (Mining Section).
About Klondex Mines Ltd. (www.klondexmines.com)
Klondex Mines is focused on the exploration, development and
production of its high quality gold and silver projects. The
company is operating an ongoing bulk sampling program at its Fire
Creek gold project located in north central Nevada. Fire Creek is
in a mining-friendly jurisdiction, with onsite power and mining
infrastructure, and near major producers. Midas, Klondex's newly
acquired operating mine and milling facility are located ~100 miles
north of Fire Creek.
Cautionary Note Regarding Technical Information and
Forward-looking Information
A production decision at the Midas mine was made by prior
owners of the mine, prior to the completion of the acquisition of
the Midas mine by Klondex. To the knowledge of Klondex, this
production decision was not based on a feasibility study of mineral
reserves demonstrating economic and technical viability
prepared in accordance with National Instrument 43-101. Readers
are cautioned that there is increased uncertainty and higher risk
of economic and technical failure associated with such production
decisions.
This news release contains certain information that may
constitute forward-looking information under applicable Canadian
securities legislation, including but not limited to information
about current expectations on the timing and success of exploration
and metallurgical sampling activities, the timing and success of
mining operations, the Company's intention and ability to monetize
mineralized material, the successful execution of the bulk sampling
program at the Fire Creek Project, project development and related
permitting. This forward-looking information entails various risks
and uncertainties that are based on current expectations, and
actual results may differ materially from those contained in such
information. These uncertainties and risks include, but are not
limited to, the strength of the global economy; the price of gold;
operational, funding and liquidity risks; the degree to which
mineral resource estimates are reflective of actual mineral
resources; the degree to which factors which would make a mineral
deposit commercially viable are present; the risks and hazards
associated with underground operations; and the ability of Klondex
to fund its substantial capital requirements and operations. Risks
and uncertainties about the Company's business are more fully
discussed in the Company's disclosure materials filed with the
securities regulatory authorities in Canada and available at
www.sedar.com. Readers are urged to read these materials. Klondex
assumes no obligation to update any forward-looking information or
to update the reasons why actual results could differ from such
information unless required by law.
Klondex Mines Ltd.Paul HuetPresident &
CEO775-284-5757investors@klondexmines.comKlondex Mines Ltd.Alison
TullisManager, Investor
Relations647-233-4348atullis@klondexmines.com
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