YERINGTON, Nev., Oct. 15, 2020 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (“Nevada Copper” or the “Firm”) is happy to announce the appointment of Mike Ciricillo as appearing Chief Govt Officer.
Appointment of Mike Ciricillo
Mr. Ciricillo was beforehand the Head of Copper Industrial Operations for Glencore Plc, the place he oversaw Glencore’s worldwide copper property. Previous to Glencore, he has held a lot of senior administration roles throughout a 20-year tenure with Phelps Dodge and Freeport McMoRan, together with as President of Tenke Fungurume Mining and Basic Supervisor of Miami Arizona Operations. All through his profession Mr. Ciricillo has overseen quite a few vital copper operations within the US and overseas.
The board of administrators is happy to welcome Mr. Ciricillo to Nevada Copper and sit up for his management. His distinctive depth of expertise in managing copper operations each underground and open pit, within the U.S. and internationally, might be invaluable because the Firm advances by its ramp-up to steady-state manufacturing from its underground mine and advances its natural development pipeline, together with the Open Pit mission.
The board of administrators would additionally wish to thank Mr. Spencer for his dedication throughout this 12 months and sit up for his ongoing involvement. Mr. Ciricillo will assume the position of appearing CEO from Evan Spencer, efficient October 26, 2020. The impression of the COVID-19 pandemic delaying the issuance work permits has restricted the flexibility for Mr. Spencer to relocate to Nevada. Mr. Spencer has performed an important position in methods implementation, execution of the event plan and shaft completion over 2020, together with managing the enterprise by the impacts of the COVID-19 pandemic in Q2 2020 and culminating within the profitable restart of copper manufacturing in August 2020. Mr. Spencer will stay actively engaged with Nevada Copper for an interim interval, supporting in mine planning and the transition with Mr. Ciricillo.
Mr. Ciricillo joins a maturing senior administration group, with the current appointments of Andre van Niekerk as Chief Monetary Officer and Dale Ekmark as Chief Working Officer (previously Vice President at Detour Gold).
The Firm can also be happy to announce that Kate Southwell has been appointed to the board of administrators of Nevada Copper, changing Phillip Day, who has stepped down from the board.
Mr. Day has supplied vital help to Nevada Copper by the design and building phases of the Pumpkin Hole underground mine, and his course of engineering expertise has been invaluable in supporting the commissioning of the Pumpkin Hole processing facility. Ms. Southwell has over 15 years of expertise as a authorized skilled and brings substantial data and experience in authorized and industrial points, together with regulatory, sustainability and danger administration issues on the time when the Firm has change into a copper producer. She is a at present a Vice President at Pala Investments, and has beforehand labored at Nyrstar and Shearman & Sterling.
About Nevada Copper
Nevada Copper (TSX: NCU) is a copper producer and proprietor of the Pumpkin Hole copper mission. Positioned in Nevada, USA, Pumpkin Hole has substantial reserves and sources together with copper, gold and silver. Its two absolutely permitted initiatives embody the high-grade underground mine and processing facility, which is now within the manufacturing stage, and a large-scale open pit mission, which is advancing in the direction of feasibility standing.
NEVADA COPPER CORP.
For additional data contact:
Wealthy Matthews, Investor Relations
+1 604 757 7179