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Corvus Gold (TSX:KOR) will consolidate the positions of president and CEO as part of its corporate cost control initiatives. CEO Jeff Pontius will hold both positions, while president Russell Myers will depart from the company.
As quoted in the press release:
Jeff possesses an exceptional track record spanning 38 years of new discovery, project development and shareholder value creation. These cost savings measures will enable expanded funding of the Company’s ongoing drilling program at its new high-grade discovery on the North Bullfrog project in Nevada.
This consolidation results in the departure of current President, Russell Myers. Corvus Gold would like to thank Mr. Myers for his service and wishes him the best in his future endeavors.
Mark Reischman, Corvus Gold’s Nevada Exploration Manager will continue to lead the North Bullfrog exploration program with the primary focus on the expansion of the new YellowJacket discovery and testing of numerous new high-grade exploration targets across the project. Mark possesses over 25 years of geological experience predominantly focused on new discovery exploration and resource development in Nevada. In addition to spending the last 5 years as Corvus Gold’s Nevada Exploration Manager, Mark has played a key exploration role for groups which include BHP, AngloGold Ashanti, and, significantly, as a member of Barrick’s Bullfrog District evaluation team in the 1990′s.
Click here to read the Corvus Gold (TSX:KOR) press release
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