Lumina Gold Corp (TSX-V:LUM, OTCQX:LMGDF), the precious and base metals mining company focused on the Cangrejos gold-copper project in Ecuador, said it has appointed Ron Halas as its chief operating officer.
With over 30 years’ experience in open pit and underground mining in both base and precious metals, Halas has worked with mining companies such as Kinross, IAMGOLD, Vale, PT Freeport Indonesia, Placer Dome, and Cominco in a number of countries, including Canada, Niger, Indonesia, New Caledonia, Suriname, Brazil, and Mauritania.
"Ron's specific experience delivering late-stage studies for projects at Global Atomic Corporation, Spanish Mountain Gold and IAMGOLD is extremely well suited for taking Cangrejos towards a feasibility study. His operating experience at Tasiast and Goro Nickel will also be invaluable as the project moves towards construction," Marshall Koval, Lumina Gold’s CEO and president, said in a statement.
Halas, who has a Bachelor of Engineering degree from McGill University and a Graduate Diploma in Business Administration from Simon Fraser University, said: "I am excited to be part of the Lumina team and am looking forward to advancing the Cangrejos project."
“Cangrejos has the advantages of proximity to a port, highway, and electric power and is a world-class deposit with its production scale and mine life. I believe it has the right mix of attributes to be a successful mining operation," he added.
In connection with his appointment, Halas has been granted 350,000 options under Lumina Gold’s stock option plan. Each option has an exercise price of $0.52, will expire on July 6, 2028, and vests in one-third tranches annually, with one-third vesting on the date of grant.
Contact the author at jon.hopkins@proactiveinvestors.com