RNC Minerals (TSE:RNX, OTCMKTS:RNKLF) said Monday that it has added two gold mining veterans – Paul Andre Huet and Warwick Morley-Jepson – to the miner’s board of directors.
Huet was CEO of Klondex Mines from 2012 to 2018, when it was acquired by Hecla Mining Co (NYSE:HL). He is an expert in narrow vein, high grade mining.
Morley-Jepson was executive vice president and chief operating officer at Kinross Gold Corp NYSE:KGC) from 2014 to 2016. Previously he served as managing director of Barrick Africa, Barrick Platinum South Africa and three Russian-based companies in the Barrick group.
READ: RNC Minerals posts 60% increase in gold output at Beta Hunt mine in Australia
“Paul and Warwick have successfully led the operation of some of the world's highest-grade gold mines during their respective 30-plus-year careers in gold mining,” Scott Hand, executive chairman of Toronto-based RNC, said in a statement.
Last week RNC said it had it had mined 71,957 ounces of gold at the Beta Hunt Mine in western Australia this year through October 31, a 60% increase compared with the same period in 2017.
RNC holds a 100% interest in the Beta Hunt mine, where a high-grade gold discovery was made in the Father's Day Vein. RNC has a 28% interest in a nickel joint venture that owns the Dumont nickel-cobalt project in the Abitibi region of Quebec.
Shares slipped C$0.02 to C$0.51 on the Toronto Stock Exchange. They were down $0.02 to $0.39 on the OTC market.
Contact Dennis Fitzgerald at dennis@proactiveinvestors.com