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Additional Information
Market: TSX
Sector: General Mining - Gold
EPIC: XG
Latest Price: C$3.44  (16.61% Ascending)
52-week High: C$14.57
52-week Low: C$2.27
Market Cap: C$333.40M
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Extorre Gold Mines
www.extorre.com

Extorre Gold Mines is an emerging gold & silver producer in Argentina, which is listed under the symbol XG on the Toronto Stock Exchange (TSX) and the NYSE-AMEX Exchange. The cash position on November 1, 2011, is $35 million. Cerro Moro is Extorre's flagship gold-silver property located in mining friendly Santa Cruz Province.

 

Full Extorre Gold Mines profile here
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Extorre Gold Mines names Trevor Mulroney as COO, adds Alberto Carlocchia to board

14th Oct 2011, 4:04 pm by Olivia D'Orazio

Extorre Gold Mines (TSE:XG), an emerging silver and gold miner in Argentina, said Thursday it has hired  Trevor Mulroney and Alberto Carlocchia reflecting a major development for the Cerro Moro project as it heads toward mine development.

Mulroney, a qualified mining engineer, holds 25 years worth of experience in project management and mine development and will take on the role of chief operating officer.

In addition to his mining engineering degree, Mulroney holds a first class mine managers certificate and a mine overseers certificate, both in South Africa.

Most recently, Mulroney has held the positions of project director for Kula Gold (ASK:KGD), he was also project manager for Santa Barbara Mines in western Australia, and general manager of development for Mirabella’s Santa Rita nickel mine, in Brazil.

Alberto Carlocchia, the second appointee, graduated in law from the University of Catolica in Buenos Aires and will take on the role as country manager. 

For the past 13 years, he has held senior management positions in mining companies operating in Santa Cruz Province, Argentina.

Most recently, Carlocchia held the positions of country manager and institutional relations and legal manager for Andean Resources, now Goldcorp (TSE:G). Carlocchia’s main responsibilities were to offer all facets of managerial, legal and administrative support for the advanced stage Cerro Negro project.

Between 1998 and 2008, he held a number of senior positions with both AngloGold Ashanti (NYSE:AU) and Cerro Vanguardia, including president for both entities and institutional relations and legal affairs manager for Cerro Vanguardia.

Extorre's Cerro Moro project lies in southern Argentina, some 60 kilometres southwest of Puerto Deseado, a port city in the Province of Santa Cruz.

As of April last year, Cerro Moro was estimated to have 662,440 ounces of gold equivalent in the indicated category, as well as inferred resources of 430,880 ounces of gold equivalent.

Cerro Moro geologically rests within the Deseado Massif, which is a tectonic block in the central portion of the Santa Cruz Province, covering an area of roughly 60,000 square kilometres.

Aside from Cerro Moro, Extorre’s assets comprise of the Puntudo and Don Sixto projects, and other mineral exploration properties in Argentina.

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